- Enough Fraudulent Votes Identified to Change 2020 Election Outcome: Dinesh D’Souza
By Ella Kietlinska and Joshua Philipp
Analysis of cell phone records performed by an election intelligence group shows that thousands of fraudulent ballots were deposited in mail-in drop ...
- SpaceX Brings 4 Astronauts Back to Earth After 6-Month Stint on International Space Station
By Katabella Roberts
A four-member team of astronauts launched to the International Space Station by SpaceX touched back down on Earth in the Gulf of Mexico on May 6.
The ...
- Ex-FBI Intel Chief Says Durham Probe Is Revealing Clinton Campaign’s 2016 ‘Disinformation’
By Jack Phillips
A former FBI intelligence chief said that the Democrats and Clinton campaign in 2016 used “contrived disinformation” to try to sway voters into thinking ...
- Special Counsel John Durham Wins Key Motion in Case Against Former Clinton Lawyer
By Zachary Stieber
A federal judge on May 4 granted a motion from special counsel John Durham to review documents that Hillary Clinton’s campaign and other ...
- Pro-Trump Congressional Candidates Win in Indiana’s Contested Republican Primaries
By Cara Ding
Pro-Trump candidates Jennifer-Ruth Green and Erin Houchin won the contested Republican primaries in Indiana’s 1st and 9th Congressional Districts on May 3.
The rest of Indiana’s ...
- Hunter Biden’s Laptop Repairman Sues Schiff, CNN, Politico, and the Daily Beast for Defamation
By Rita Li
The Delaware computer repairman who received a damaged laptop computer from President Joe Biden’s son has sued Rep. Adam Schiff (D-Calif.), CNN, The Daily ...
- Bitcoiners Criticize House Democrats’ Letter to EPA
By Nathan Worcester
Jack Dorsey, Anthony Scaramucci, Michael Saylor, and other high-profile Bitcoiners have cosigned a letter to the Environmental Protection Agency (EPA) challenging House Democrats’ ...
- Trump-Endorsed Max Miller Wins Ohio Republican US House Primary
By Ivan Pentchoukov
Max Miller, a former aide to former President Donald Trump, won the Ohio Republican primary on May 3, according to multiple projections.
Miller drew 71.5 percent of ...
- Propelled By Trump, J.D. Vance Wins Ohio GOP Senate Primary
By Jeff Louderback
CINCINNATI, Ohio—J.D. Vance, the Hillbilly Elegy author and venture capitalist who secured the endorsement of Donald Trump, defeated Josh Mandel and five other opponents in ...
- Judge Orders Fusion GPS Tech Expert to Testify in Clinton Attorney’s Trial
By John Haughey
A Fusion GPS employee with “unique insight” into how her company, the Clinton campaign, and its law firm orchestrated “opposition research” into the Trump ...
- D’Souza Film Takes Proof of 2020 Election Fraud to Mass Audience
By Steven Kovac
STERLING HEIGHTS, Mich.—A new movie by conservative activist Dinesh D’Souza exposing illegal vote trafficking in battleground states in the 2020 election opened ...
- Supreme Court Has Decided to Overturn Roe v. Wade, Leaked Opinion Suggests
By Matthew Vadum
A document that Politico describes as an “initial draft majority opinion” written by Justice Samuel Alito suggests the Supreme Court has decided to strike ...
![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 8")
