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Real News, Real Time

Johnson winning on the first ballot
Posted inNational News

Johnson Sworn In as Speaker

USNN World Newsby USNN World NewsJanuary 3, 2025January 3, 2025
Will a Protracted Speaker Battle Impact Trump’s Victory Certification
Posted inNational News

Will a Protracted Speaker Battle Impact Trump’s Victory Certification

USNN World Newsby USNN World NewsJanuary 3, 2025January 3, 2025
Federal Forecasters Warn ‘Major’ Winter Storm to Sweep Across US Over Weekend
Posted inWeather

Federal Forecasters Warn ‘Major’ Winter Storm to Sweep Across US Over Weekend

USNN World Newsby USNN World NewsJanuary 3, 2025February 26, 2025
Strong labor data and positive expectations about the incoming Trump administration pushed the U.S. dollar to a two-year high on Thursday. The U.S. dollar iIndex hit a high of 109.53 on Jan. 2, the first trading day of the year, and the highest since November 2022. The jump came as data released on Thursday by the U.S. Department of Labor showed that initial jobless claims hit an eight-month low, suggesting a robust labor market, which is a positive sign for the overall economy. The dollar index was trading slightly lower on Friday at 108.96 as of 08:30 a.m. EST. The dollar index increase is also supported by investor confidence in the upcoming Trump administration, which assumes power this month. According to a recent survey by consulting company Teneo, “global CEOs and investors are optimistic about the economic impact of a second Trump administration, outweighing concerns about tariffs, geopolitical tensions, and trade barriers.” Story continues below advertisement In fact, “50 percent of global CEOs are accelerating activities in areas such as domestic and international investment and hiring based on the outcome of the 2024 U.S. election,” it said. While the dollar strengthened, the euro and sterling declined on Thursday. The euro fell to its lowest level in more than two years while the sterling declined to its lowest in eight months. A Dec. 17 report from JP Morgan predicts the U.S. dollar to reach even new highs over the coming months. Related Stories How Major US Stock Indexes Fared Jan. 2 1/2/2025 How Major US Stock Indexes Fared Jan. 2 Americans Have Hopes Trump Will Deliver on Immigration, Economy, Safety: Gallup 1/2/2025 Americans Have Hopes Trump Will Deliver on Immigration, Economy, Safety: Gallup “November’s election outcome has given way to lower global growth expectations, wider growth gaps between the U.S. and the rest of the world, and higher terminal federal funds rate forecasts for 2025—the perfect trifecta of bullish U.S. dollar cyclical impulse,” said Meera Chandan, co-head of Global FX Strategy at the company. “These are early first-order reactions that may give way to deeper rethinks once the full set of Trump administration policies are known next year [2025], but for now, they constitute a solid economic rationale for carrying a long U.S. dollar stance into the first quarter of 2025.” JP Morgan sees the euro’s outlook as bearish, noting the eurozone is especially vulnerable to trade conflicts. And while sterling was the best-performing currency against the dollar last year, such an outperformance is not expected this year, it said. US Economy Performance in 2025 With President-elect Donald Trump set to take power in less than three weeks, there are mixed views about how things could shape up for the American economy. According to a Dec. 9 post by Morgan Stanley, markets are “bullish on Trump’s second term, hoping for tax cuts and better growth.” “We expect no net stimulus and a decent size hit from tariffs and immigration. This should be bullish for bonds as the Fed continues cutting, but could be a disappointment for frothy stocks,” it said. Regarding tariffs, the most likely outcome is a 20 percent hike on Chinese imports and on vehicles from Mexico and the European Union, Morgan Stanley said. Story continues below advertisement It predicts the U.S. Federal Reserve to continue cutting interest rates to a range of 3 percent 3.5 percent by the end of 2025. S&P Global is forecasting the U.S. economy to grow by 2 percent in 2025 and 2026, following an estimated growth of 2.7 percent last year. The company sees inflation to likely remain above the 2 percent level for “longer than we previously thought.” Goldman Sachs predicts the U.S. economy to “beat expectations” this year. “The U.S. economy is in a good place,” said David Mericle, an economist with the company. “Recession fears have diminished, inflation is trending back toward 2 percent, and the labor market has rebalanced but remains strong.” While Trump’s policy changes are likely to be “significant,” Mericle does not see these actions changing the trajectory of the economy substantially. Goldman foresees the Fed reducing interest rates to a range of 3.25–3.50 percent, with the U.S. GDP predicted to grow by 2.5 percent. There have been three consecutive quarters of economic growth in the first nine months of 2024—1.6 percent in the first quarter, 3 percent in the second, and 3.1 percent in the third.
Posted inEconomy

US Dollar Index Hits Highest Level in 2 Years, Euro Falls

USNN World Newsby USNN World NewsJanuary 3, 2025June 19, 2025
13,400 High Street Shops Closed in 2024
Posted inWorld

13,400 High Street Shops Closed in 2024

USNN World Newsby USNN World NewsJanuary 2, 2025January 2, 2025
New Orleans Attack Signifies That Groups Like ISIS and Al Qaeda Are Still Very Much a Threat
Posted inOpinion

New Orleans Attack Signifies That Groups Like ISIS and Al Qaeda Are Still Very Much a Threat

USNN World Newsby USNN World NewsJanuary 2, 2025January 2, 2025
Cases of Rare Bacterial Disease Up 56 Percent From Previous Decade: CDC
Posted inHealthcare

Cases of Rare Bacterial Disease Up 56 Percent From Previous Decade: CDC

USNN World Newsby USNN World NewsJanuary 2, 2025January 2, 2025
Suspect in Explosion Outside Trump’s Las Vegas Hotel Identified as Special Forces Soldier
Posted inNational News

Suspect in Explosion Outside Trump’s Las Vegas Hotel Identified as Special Forces Soldier

USNN World Newsby USNN World NewsJanuary 2, 2025February 25, 2025
Limiting Calories Won’t Sustain Weight Loss, as Hormones Run the Show
Posted inHealthcare

Limiting Calories Won’t Sustain Weight Loss, as Hormones Run the Show

USNN World Newsby USNN World NewsJanuary 2, 2025January 2, 2025
Trump Staffer Credited With Garbage Truck Appearance Tapped to Be Executive Producer
Posted inNational News

Trump Staffer Credited With Garbage Truck Appearance Tapped to Be Executive Producer

USNN World Newsby USNN World NewsJanuary 2, 2025June 5, 2025
New Orleans Attack Suspect Served in the Military: What We Know
Posted inNational News

New Orleans Attack Suspect Served in the Military: What We Know

USNN World Newsby USNN World NewsJanuary 2, 2025January 2, 2025
Elections, Debt, and Taxes: Here’s What to Expect in the 119th Congress
Posted inNational News

Elections, Debt, and Taxes: Here’s What to Expect in the 119th Congress

USNN World Newsby USNN World NewsJanuary 2, 2025August 21, 2025

Posts pagination

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NATIONAL NEWS

  • Why the US Denied a Request From Mexico for WaterWhy the US Denied a Request From Mexico for Water
    By Autumn Spredemann Mexico’s delinquent water deliveries, in violation of an 81-year-old treaty with the United States, have exposed years of “blind eye” policies, rapid ...
  • House Panels to Hold Markups That Unveil Details of GOP Bill to Advance Trump’s AgendaHouse Panels to Hold Markups That Unveil Details of GOP Bill to Advance Trump’s Agenda
    By Arjun Singh WASHINGTON—The U.S. House of Representatives, after returning from its spring recess, is set to begin drafting bills that will authorize funds for ...
  • At Least 11 Dead After Man Plows Car Into Crowd at Vancouver Street FestivalAt Least 11 Dead After Man Plows Car Into Crowd at Vancouver Street Festival
    By Melanie Sun, Omid Ghoreishi and Jacob Burg At least 11 people have been killed and over 20 others injured after a man drove a ...
  • Trump Says He’ll Choose Between Ken Paxton and John Cornyn in Texas US Senate RaceTrump Says He'll Choose Between Ken Paxton and John Cornyn in Texas US Senate Race
    By Arjun Singh WASHINGTON—President Donald Trump has said that he will endorse a candidate in the U.S. Senate election in Texas in 2026, in which ...
  • DOGE Says US National Science Foundation Canceling Over $325 Million in DEI ResearchDOGE Says US National Science Foundation Canceling Over $325 Million in DEI Research
    By Naveen Athrappully The National Science Foundation (NSF) has canceled hundreds of millions of dollars in diversity, equity, and inclusion (DEI) grants under the Trump ...
  • Data Reveal Drop in US Imports From China Amid Tariff ShowdownData Reveal Drop in US Imports From China Amid Tariff Showdown
    By Andrew Moran A slowdown in U.S.–China trade activity amid tariff tensions is starting to show up in industry data. Beginning in 2025, companies ramped up ...
  • Trump Signs Orders Ending DEI in University Accreditation, Requiring Foreign Gift DisclosureTrump Signs Orders Ending DEI in University Accreditation, Requiring Foreign Gift Disclosure
    By Aaron Gifford President Donald Trump on April 23 announced additional education reform measures that he said will promote transparency and meritocracy over diversity, equity, ...
  • Democrat Senators Seek Social Security Investigation Over DownsizingDemocrat Senators Seek Social Security Investigation Over Downsizing
    By Arjun Singh WASHINGTON—Five Senate Democrats have written to the Social Security Administration’s (SSA) Office of the Inspector General (OIG), seeking an investigation into changes ...
  • Homeland Security Announces DOGE Overhaul of Immigration DatabaseHomeland Security Announces DOGE Overhaul of Immigration Database
    By Jack Phillips The Department of Homeland Security (DHS) announced it is working with the Department of Government Efficiency (DOGE) to optimize an immigration-related database ...
  • White House Responds to China Warning Countries Against Making Deals With USWhite House Responds to China Warning Countries Against Making Deals With US
    By Travis Gillmore WASHINGTON—In response to reports that the Chinese regime is warning other countries against making deals with the United States that could be ...
  • DOJ Announces RICO Charges Against 27 Alleged Venezuelan Gang MembersDOJ Announces RICO Charges Against 27 Alleged Venezuelan Gang Members
    By Joseph Lord The Department of Justice (DOJ) on April 21 announced that 27 alleged members or affiliates of the Venezuelan gang Tren de Aragua ...
  • Police Investigate Shooting on Subway Platform That Led to Harvard Students Sheltering in PlacePolice Investigate Shooting on Subway Platform That Led to Harvard Students Sheltering in Place
    By The Associated Press CAMBRIDGE, Mass.—Transit police in Boston were investigating a shooting on a subway platform at Harvard University on Sunday that prompted the ...
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