1+ hour, 48+ min ago  (658+ words) BUENOS AIRES, Feb. 20 (UPI) -- The announcement of the closure of FATE, the only tire manufacturer entirely owned by the Argentine capital and with more than 80 years of history, became the most visible symbol of the fracture facing industry under the…...

3+ hour, 49+ min ago  (236+ words) Feb. 20 (UPI) -- The 43-day government shutdown in the fall stymied U.S. gross domestic product growth in the fourth quarter, the Bureau of Economic Analysis reported Friday. GDP for the fourth quarter of 2025 grew by 1.4% on an annual basis, more than a…...

1+ day, 21+ hour ago  (240+ words) Feb. 18 (UPI) -- White House economic adviser Kevin Hassett on Wednesday said that employees at the New York Federal Reserve should face punishment for publishing "the worst paper I've ever seen in the history of the Federal Reserve System. The research…...

4+ day, 9+ hour ago  (239+ words) Feb. 16 (UPI) -- Japan's economy grew ever so slightly during the fourth quarter of 2025, government data showed Monday, narrowly avoiding a second straight quarter of contraction that would have met the common definition of a technical recession. Preliminary estimates from Japan's…...

6+ day, 17+ hour ago  (470+ words) Feb. 13 (Asia Today) -- South Korea's government maintained its assessment for a fourth straight month that the economy is on a recovery track, citing strong semiconductor-led exports and a gradual improvement in consumption, while warning that weak employment growth and sluggish…...

1+ week, 4+ hour ago  (286+ words) Feb. 13 (UPI) -- The consumer price index for the 12 months ending in January slowed to 2.4%, beating projections, the Bureau of Labor Statistics reported Friday. The index for all items climbed 0.2% on a monthly, seasonally-adjusted basis. The annual 2.4% increase is not seasonally…...

1+ week, 1+ day ago  (809+ words) Feb. 12 (UPI) -- In earlier installments of this series on international project finance in Latin America, we examined how sovereign risk and currency volatility influence the cost of capital for long-term investments. This article turns to inflation, an equally decisive variable…...

1+ week, 1+ day ago  (235+ words) Feb. 11 (Asia Today) -- South Korea's state-run Korea Development Institute raised its 2026 economic growth forecast to 1.9% on Tuesday, citing strong semiconductor exports fueled by global demand for artificial intelligence technologies. The revised outlook is 0.1 percentage point higher than the institute's November…...

1+ week, 1+ day ago  (346+ words) Feb. 11 (UPI) -- The nation's debt and federal deficit likely will become unsustainable and worsen by trillions of dollars over the next 10 years, the Congressional Budget Office reported on Wednesday. The CBO predicted the federal budget deficit will reach $1.9 trillion by…...

1+ week, 1+ day ago  (346+ words) Feb. 11 (UPI) -- The nation's debt and federal deficit likely will become unsustainable and worsen by trillions of dollars over the next 10 years, the Congressional Budget Office reported on Wednesday. The CBO predicted the federal budget deficit will reach $1.9 trillion by…...