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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

  • Elizabeth Warren’s wealth tax plan torched by GOP financierElizabeth Warren's wealth tax plan torched by GOP financier
    By Joshua Nelson | Fox News Presidential candidate Elizabeth Warren’s wealth tax plan would be devastating to the people forced to pay it, Republican financier Dan Palmer ...
  • From Ukraine to Virginia: The top 7 political scandals of 2019From Ukraine to Virginia: The top 7 political scandals of 2019
    By Adam Shaw | Fox News As 2019 comes to a close, so does another year of jaw-dropping, and in some cases historic, political ...
  • Republicans fume over Dem threat of new impeachment articles: ‘Time to cut them off’Republicans fume over Dem threat of new impeachment articles: ‘Time to cut them off’
    By Ronn Blitzer | Fox News Republicans ratcheted up their accusations that Democrats are overplaying their impeachment hand after court filings from the House ...
  • Poll: Voters View Impeachment as Dead on Arrival in SenatePoll: Voters View Impeachment as Dead on Arrival in Senate
    By Jack Phillips A new poll has found that most Americans believe President Donald Trump will not be removed from office during the Senate impeachment ...
  • Trump Praises Student Who Confronts ‘Radical Mobs’ Trying to Shut Down Speech on CampusTrump Praises Student Who Confronts ‘Radical Mobs’ Trying to Shut Down Speech on Campus
    By GQ Pan President Donald Trump spoke out against the campus left, praising a young conservative student who stood up to “radical mobs” trying to shut ...
  • Chaotic 2020 primary battle raises prospect of brokered convention: Could it really happen?Chaotic 2020 primary battle raises prospect of brokered convention: Could it really happen?
    By Paul Steinhauser | Fox News With less than six weeks to go until the Iowa caucuses kick off the presidential nominating calendar, there’s ...
  • Year in Review: 20 Notable Spygate Developments of 2019Year in Review: 20 Notable Spygate Developments of 2019
    By Ivan Pentchoukov In the saga of “Spygate,” 2019 has shaped up to be the year the tables turned. In the first days of January 2019, ...
  • Trump Warns California: Fix Homeless Crisis, or Federal Government Will Step InTrump Warns California: Fix Homeless Crisis, or Federal Government Will Step In
    By Jack Phillips President Donald Trump issued a warning to California and its Democratic governor, Gavin Newsom, as the state grapples with its homeless crisis.ADVERTISING “Governor ...
  • The Survivors: These Trump officials have weathered controversies from the start – and are still hereThe Survivors: These Trump officials have weathered controversies from the start – and are still here
    By Alex Pappas | Fox News Meet the Trump administration survivors. People like Kellyanne Conway, Stephen Miller and Betsy DeVos joined President Trump’s team at the beginning. They’ve occasionally — or ...
  • After Impeachment, Pelosi Will Lose House Majority: TrumpAfter Impeachment, Pelosi Will Lose House Majority: Trump
    By Zachary Stieber House Speaker Nancy Pelosi (D-Calif.) will lose the majority in the House of Representatives, President Donald Trump said on Dec. 23 following ...
  • Ken Starr Says Impeachment Is Attempt to Overthrow Trump, Criticizes Pelosi for Withholding ArticlesKen Starr Says Impeachment Is Attempt to Overthrow Trump, Criticizes Pelosi for Withholding Articles
    By Zachary Stieber Ken Starr, the independent counsel who probed President Bill Clinton, said that the impeachment of President Donald Trump is an attempt to ...
  • Second Amendment Sanctuary Movement Rises in Wake of More Gun LawsSecond Amendment Sanctuary Movement Rises in Wake of More Gun Laws
    By Breitbart News BUCKINGHAM, Va. (AP) — A standing-room only crowd of more than 400 packed the meeting room, filled the lobby and spilled into ...
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