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By Jack Phillips
White House press secretary Kayleigh McEnany said President Donald Trump is in “great spirits” in the midst of several lawsuits over the Nov. 3 election, adding ...
- Poll Watchers Allege Monitoring, Obstruction Attempts in Nevada
By Eva Fu
Two Republican poll watchers left the counting center in Nevada’s Clark County in frustration, after what they say were deliberate efforts to obstruct ...
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By Jack Phillips
President Donald Trump, in a series of Twitter posts, wrote that Democratic presidential candidate Joe Biden is a winner “only in the eyes” ...
- Trump: Antifa Waited Until Most People Left MAGA Rally to Attack
By Zachary Stieber
President Donald Trump said late Saturday that Antifa members waited until most of the Trump rally participants left Washington to attack those still in the city.
“ANTIFA SCUM ran ...
- Trump Lawyer Sidney Powell ‘We’re Getting Ready to Overturn Election Results in Multiple States’
By Jack Phillips
Former federal prosecutor Sidney Powell, a Trump campaign lawyer, suggested in a Sunday interview that there is still more evidence coming out in President Donald Trump’s claims ...
- California Governor Violated the Constitution With Mail Ballot Order: Judge
By Zachary Stieber
California Gov. Gavin Newsom exceeded his authority and violated the state Constitution with an executive order that let all Californians vote by mail if they ...
- Trump Adds Sidney Powell to Election Legal Effort
BY IVAN PENTCHOUKOV
President Donald Trump on Saturday night announced the addition of Sidney Powell to his campaign’s election legal team.
Powell gained the national spotlight when she took over as ...
- Sidney Powell with Lou Dobbs: Release the Kraken
By NH POLITICIAN
Whatever your political affiliation, if you are an individual of integrity and believe in fair play, freedom and liberty this video should ...
- Trump Drives by Supporters Showing Up for ‘Million MAGA March’
By Zachary Stieber
President Donald Trump on Saturday drove by supporters who were in Washington for a pro-Trump march that organizers predicted would draw thousands.
Trump exited the White ...
- Collins: Georgia Can’t Properly Certify Election Without Verifying Signatures
BY IVAN PENTCHOUKOV
The head of the Trump campaign’s recount effort in Georgia said the Peach State will not be able to properly certify the results of the 2020 presidential ...
- Google Has Power to Shift Millions of Votes Through Targeted Messaging: Dr. Robert Epstein
BY ELLA KIETLINSKA AND JAN JEKIELEK
Big Tech companies such Google and Facebook have enormous power to shift people’s opinions and voting preferences through manipulation of the content of their ...
- Victor Davis Hanson on the US Election 2020 & Trump’s Prospects | American Thought Leaders
By American Thought Leaders The Epoch Times
https://youtu.be/5GKQ50gNNBk
Does President Donald Trump have a path to a second term? What would it take? And how have ...
![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")
