- Media Disgrace Themselves in Calling Election Still Being Contested
By Conrad Black
The elaborate pretense being conducted that the U.S. presidential election has been decided resembles the exaggerated excitement of a juvenile team when a contested ...
- Serious Questions Concerning the 2020 Election Must and Can Be Answered
By Jason D. Meister and Stephen B. Meister
In our constitutional republic, the power of the government derives from the consent of the governed. The ...
- 20 Reasons Election 2020 Is Far From Over
By Michael Walsh
Now that the media has declared Joe Biden the next president of the United States, let’s take a look at the state of play:
1. Donald ...
- Pompeo: ‘There Will Be a Smooth Transition to a Second Trump Administration’
By Jack Phillips
Secretary of State Mike Pompeo suggested that President Donald Trump will win the presidential election, joking that “there will be a smooth transition to a second ...
- Tens of Thousands of Pennsylvania Ballots Returned Earlier Than Sent Date
By Petr Svab
More than 20,000 absentee ballots in Pennsylvania have impossible return dates and another more than 80,000 have return dates that raise questions, according to a researcher’s ...
- Trump Campaign Hopeful Lawsuit in Pennsylvania Will Trigger Recount
By Charlotte Cuthbertson
WASHINGTON—It’s increasingly likely that the courts will decide the fate of Pennsylvania’s 20 electoral votes, and with that, nudge the eventual presidential ...
- Pennsylvania’s Democrat Governor Criticizes State GOP Demand for Immediate Election Audit
By Zachary Stieber
Pennsylvania Gov. Tom Wolf on Tuesday said allegations of voter fraud have been debunked after state lawmakers called for an immediate election ...
- Unusual Election Irregularities Justify Lawsuits and Ballot Recounts: Chuck DeVore
By Li Hai and Jan Jekielek
Chuck DeVore, vice president of national initiatives at the Texas Public Policy Foundation, suggested in an interview with The ...
- Trump Wins North Carolina: Projection
By Zachary Stieber
President Donald Trump won the state of North Carolina in the 2020 election, according to a new projection.
Decision Desk on Tuesday projected that Trump has won ...
- Fox Digs the Hole They’re in Even Deeper After One of Their Hosts Is Caught on Hot Mic Talking About Election
By Nick Arama
Fox seems intent on flushing their ratings down the toilet and chasing their viewers away.
It’s been progressively getting worse. But when they ...
- Truckers plan strike against Biden fracking threats, praise Trump for blue-collar worker support
By Brianna Kraemer
U.S. truckers are organizing a Veterans Day strike to urge Democrat Joe Biden to avoid any fracking ban if inaugurated as president ...
- Less than half in new poll believe Biden is legitimate winner of election; a third say Trump won
By Brianna Kraemer
More than a third of registered voters believe Donald Trump legitimately won the presidential election, according to a new Just the News Daily Poll with ...
![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")
