- Police: ‘Stashes’ of bricks staged near protests were ‘to be used during a riot’
By The Daily Caller News Foundation
Police in Kansas City discovered pallets of rocks and bricks near protest sites on Sunday that they believe were ...
- Pro-Trump Georgia Democrat calls out Antifa ‘looters and hoodlums’ who hijacked Atlanta protests
By Joshua Nelson | Fox News
In the wake of the protests that erupted in Atlanta over the death of George Floyd last week in Minneapolis, Georgia State Rep. Vernon ...
- What is Antifa, the far-left group tied to violent protests?
By Gregg Re | Fox News
Antifa, the far-left militant movement that calls itself “antifascist,” has no defined organizational hierarchy or membership process. The collection of autonomous Antifa groups ...
- SpaceX spacecraft docks with International Space Station on historic NASA mission
By James Rogers | Fox News
SpaceX’s Dragon Endeavour spacecraft crewed by NASA astronauts Doug Hurley and Bob Behnken has docked with the International Space Station on its historic ...
- Big-city Dems who had imposed strict lockdowns now let George Floyd rioters flout rules
By Gregg Re | Fox News
The coronavirus lockdown is seemingly down and out, as many Democrats in charge of big cities — including several who once insisted ...
- Trump announces US to designate Antifa as terrorist organization following violent protests
By Ronn Blitzer | Fox News
President Trump announced Sunday that the U.S. government will designate the far-left group Antifa as a terrorist organization.
This comes as Trump has blamed Antifa for ...
- Minnesota AG Ellison says he has evidence of outsiders contributing to riots while calling out ‘endemic problem’ with Minneapolis police
By Ronn Blitzer | Fox News
Minnesota Attorney General Keith Ellison supported protesters in the aftermath of George Floyd’s death and said black people have reason to fear Minneapolis ...
- Rioting across the nation leaves cities reeling as hundreds arrested, National Guard called in, businesses damaged and at least 3 dead
By Caitlin McFall, Dom Calicchio | Fox News
Dozens of cities across the United States were left early Sunday to assess the toll of a grim night of violent ...
- SpaceX makes history, launches NASA astronauts into space from US soil for the first time since 2011
By James Rogers | Fox News
SpaceX has launched NASA astronauts Doug Hurley and Bob Behnken on their historic Demo-2 mission to the International Space Station (ISS). The mission is the ...
- Chris Cuomo’s ratings plummet as Americans tire of brothers’ schtick
By New York Post
Americans have spoken with their clickers — and they’re sick of Chris and Andrew Cuomo show.
Chris Cuomo yuks it up with ...
- Minnesota requests more help as riots continue there — and across US
By Dom Calicchio | Fox News
The state of Minnesota has requested an additional 1,200 National Guard soldiers be deployed after rioting broke out once again Friday night following the death of George ...
- CNN headquarters in Atlanta vandalized by protesters after George Floyd death
By Joseph A. Wulfsohn | Fox News
A protest erupted outside CNN’s headquarters in Atlanta on Friday amid nationwide demonstrations following the death of Minneapolis man George Floyd, with many of ...
![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.](https://www.usnn.news/wp-content/uploads/2025/01/US-Dollar-Index-Hits-Highest-Level-in-2-Years-Euro-Falls-jpg.webp "US Dollar Index Hits Highest Level in 2 Years, Euro Falls | USNN World News")
