- Biden leads in Pennsylvania but some point to ‘secret Trump’ voters: poll
By Paul Steinhauser | Fox News
Majority of those questioned believe their communities hold a number of ‘secret Trump’ voters.
A new poll in the crucial general election battleground state ...
- Cops stunned after finding decapitated body of tech CEO in NYC apartment
By Joe Marino, Jason Beeferman, Larry Celona, Jorge Fitz-Gibbon | New York Post
The body of a decapitated, dismembered tech CEO was found inside a Lower East Side apartment on Tuesday afternoon — sorted ...
- Portland protesters create own ‘autonomous zone’ by pitching tents, rebuilding barricades removed by police
By Danielle Wallace | Fox News
Demonstrators engaged ‘in an attempt to disrupt officers as they walked in from the end of their shift’.
Portland protesters early Wednesday began to ...
- CNN, MSNBC avoid on-air coverage of Bari Weiss’ dramatic exit from The New York Times
By Joseph A. Wulfsohn | Fox News
Her scathing resignation letter shook the media landscape on Tuesday.
Bari Weiss shook the media landscape on Tuesday with her scathing letter announcing ...
- CNN’s Jim Acosta, Anderson Cooper called out for partisan commentary after Trump’s Rose Garden remarks: ‘Sad resistance performance art’
By Brian Flood | Fox News
Critic called it ‘sophomoric commentary masquerading as journalism’.
CNN appeared particularly peeved that President Trump veered off-script Tuesday by attacking presumptive Democratic presidential nominee Joe Biden in the Rose ...
- Ghislaine Maxwell secretly married but won’t reveal husband’s name, prosecutors say
By The New York Post
The bombshell detail was divulged as prosecutors accused her of purposely hiding her wealth.
Ghislaine Maxwell is secretly married — and refusing ...
- St. Louis homeowner who faced down protesters with rifle believes Trump intervened to protect his community
By Yael Halon | Fox News
‘I think we got help from the very top,’ Mark McCloskey told Sean Hannity.
Missouri attorney Mark McCloskey, who along with his wife Patricia brandished legally ...
- Portland’s unrest continues for six straight weeks with no apparent end in sight
By Danielle Wallace | Fox News
Portland has been more than $23 million in losses due to looting and rioting.
The death of George Floyd triggered a wave of protests and ...
- Ghislaine Maxwell denied bail: Judge determines Epstein cohort is ‘substantial flight risk’ because of wealth, ‘foreign connections’
By Barnini Chakraborty, Marta Dhanis | Fox News
Maxwell is charged with conspiracy and perjury in a multi-state sex trafficking ring involving three unnamed minors between 1994 and ...
- Bari Weiss quits New York Times after bullying by colleagues over views: ‘They have called me a Nazi and a racist’
By Brian Flood | Fox News
Her resignation letter said ‘the lessons that ought to have followed the (2016) election…have not been learned’.
New York Times opinion columnist ...
- Lawrence Jones on 1-year-old’s death in NYC: Shouldn’t be this hard for GOP to defeat ‘incompetent’ Dems in cities
By Julia Musto | Fox News
Jones says history will remember who takes action to combat gun violence in large cities
It should not be hard for the Republican ...
- Radio host who ignited Goya ‘buy-cott’ movement: ‘It looks like love is winning’
By Talia Kaplan | Fox News
Radio host Mike Opelka says he’s ‘trying to fight anger with love’.
Radio host Mike Opelka, who ignited the Goya “buy-cott” movement, told ...
![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")
