- GOP Rep.-Elect Who Grew Up in Ukraine Warns About Socialism
By Jack Phillips
A Republican representative-elect from Indiana, who grew up in Ukraine, is warning about efforts by the Democratic Party to steer the United ...
- Trump Says 2020 Election Was Unconstitutional
By Zachary Stieber
President Donald Trump asserted in a series of new tweets that the 2020 election violated the U.S. Constitution.
Trump, a Republican vying for a second term, ...
- Wisconsin Lawsuit Aimed at Excluding Nearly 800,000 Votes Dismissed
By Zachary Stieber
A federal lawsuit in Wisconsin that drew nationwide attention was dismissed on Nov. 16.
Three voters filed the suit last week, seeking to exclude election results in three of ...
- Trump Campaign Lawyer Says She Was Harassed, Threatened by Attorney at Opposing Firm
By Jack Phillips
Campaign spokesman says she received ‘physical and economic threats’.
A spokesman for President Donald Trump’s campaign and legal team said a lawyer working ...
- SpaceX Launches 2nd Crew Another Historic Moment
By The Associated Press
CAPE CANAVERAL, Florida—SpaceX launched four astronauts to the International Space Station on Sunday on the first full-fledged taxi flight for NASA by ...
- Q&A for State Legislators and Citizens—The Constitution and How to Settle the Election
By Robert G. Natelson
Commentary
Irregularities in the presidential election returns of six states have sparked the question “What next?” The states are Arizona, Georgia, Michigan, ...
- Bellwether Counties Went Overwhelmingly for Trump in 2020
By Petr Svab
News Analysis
Over the past nearly 40 years, presidential elections have observed an intriguing phenomenon: 19 counties in the nation have always voted ...
- The law is clear: If an election is stolen, state legislatures can restore the will of the people
By Distributed News – News Editors
President Trump and his team are under a relentless media blitz campaign which has only one goal: Pressuring the ...
- Bill Gates hired BLM “students” to count ballots in battleground states
By Ethan H
To ensure that Joe Biden “won” most of the key battleground states, Bill Gates and others in positions of influence replaced veteran ...
- 2020 Election Most Corrupt in American History – Martin Armstrong
By Greg Hunter’s USAWatchdog.com
Legendary financial and geopolitical cycle analyst Martin Armstrong said his computers picked up massive fraud coming in the 2020 Election years ago. ...
- Election Data Team to Call 1.25 Million Voters Over Anomalies in 6 Contested States
By Charlotte Cuthbertson
WASHINGTON—The former data and strategy director for President Donald Trump’s 2016 election campaign has canceled his vacation plans to comb through election ...
- Trump Campaign Files Suit, Urges Judge to Block Pennsylvania From Certifying Election Results
By Jack Phillips
The Trump campaign on Nov. 15 called on a judge in Pennsylvania to block the state from certifying Democratic nominee Joe Biden as the winner 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")
