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US Q4 Real GDP Growth Annualized Rate Initial Estimate at 1.4%, Well Below Expectations

2 hours ago

On February 20, the initial estimate of the U.S. fourth-quarter annualized real GDP growth rate came in at 1.4%, well below the forecast 3.0%.
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Bitcoin Price Shorts Liquidated as BTC Price Spikes to $68K, James Wynn's Leveraged Short Position Gets Liquidated

Feb 20 (HTX Market Data) — 15 minutes ago, Bitcoin briefly spiked up to $68k before quickly pulling back below $67k, last trading at $66,932.55. That move instantly liquidated James Wynn’s 40x-leveraged Bitcoin short position opened tonight — though his position was small, valued at under $80k.

8 minutes ago

The U.S. Supreme Court did not rule on the issue of duty drawback eligibility

Feb. 20: Market reports note that even though a ruling has deemed Trump-era tariffs illegal, the U.S. Supreme Court has yet to rule on tariff refund eligibility. Hundreds of tariff refund lawsuits are currently pending before the U.S. Court of International Trade.

8 minutes ago

U.S. Official Says U.S. Military Plans Against Iran Are Well Advanced

February 20 (Reuters) – Two officials told Reuters the U.S. is preparing military options against Iran, including targeting key individuals and potentially seeking to overthrow the Iranian regime if President Trump orders it. The plan draws on prior attacks, with targets including leadership of Iran’s Islamic Revolutionary Guard Corps (IRGC) and nuclear facilities. Trump has publicly floated regime change as an option while also pursuing diplomatic avenues, setting a 10-to-15 day window to reach an agreement.

8 minutes ago

U.S. Supreme Court Opposes Trump's Global Tariffs

On February 20, the U.S. Supreme Court struck down global tariffs imposed by former President Donald Trump under a federal law governing national emergencies.

8 minutes ago

U.S. February One-Year Inflation Rate Expectation Final Value 3.4%, Expectation 3.50%

Feb. 20 — U.S. February 1-year inflation rate expectations (final) came in at 3.4%, below the expected 3.50% and matching the prior reading of 3.50%. (Xinhua)

8 minutes ago

Trump: Considering Conducting Limited Strike on Iran

On February 20th, U.S. President Trump said he was considering a limited strike against Iran. (FXStreet)

8 minutes ago