- Sidney Powell Suit Makes 30 Allegations in Bid to Invalidate Georgia Election Results
By Petr Svab
A lawsuit released by lawyers led by former federal prosecutor Sidney Powell makes 30 allegations of electoral fraud and other illegal and irregular activities ...
- Poll Watcher Describes Pennsylvania Election Irregularities, Including 47 Missing USB Cards
By Tom Ozimek
A Republican poll observer from Pennsylvania’s Delaware County told a Senate GOP Policy Committee hearing in Gettysburg on Wednesday that he witnessed ...
- Sidney Powell Files Lawsuit in Georgia, Alleging ‘Massive Election Fraud’
By Mimi Nguyen Li
Attorney Sidney Powell filed a federal lawsuit late on Nov. 25 that alleges “massive election fraud” and multiple violations of the Constitution and Georgia’s state laws ...
- Infographic: The 4-Year-Long Campaign Against Trump
By The EPOCH Times Staff
News Analysis
The post-election push to pressure President Donald Trump to concede, despite numerous credible allegations of voter fraud and ongoing legal challenges, ...
- Trump: 2020 ‘Long Way From Over’
By Zachary Stieber
President Donald Trump said the year is not yet over, responding to poll respondents who want him to run for president in 2024.
In ...
- America’s Critical Point in Time
By The EPOCH Times, Editorial
The decades-long communist assault on America is reaching a climax.
From its founding up to the present, the United States of America has ...
- Former National Security Adviser Michael Flynn Pardoned by Trump
By Jack Phillips
President Donald Trump on Wednesday pardoned former national security adviser, Lt. Gen. Michael Flynn, in the midst of a four-year criminal case.
“It is my Great ...
- Trump Calls on Supporters to Stand Tall ‘Don’t Be Intimidated by These People’
By Jack Phillips
President Donald Trump, calling in at a Senate Republican hearing in Pennsylvania on Wednesday, called on GOP surrogates and his supporters to not back ...
- Philadelphia Witnesses Allege Obstruction, Other Irregularities During Counting of Ballots
By Bowen Xiao
Multiple witnesses testified to being obstructed from observing the counting of ballots and of other irregularities in Philadelphia during a public hearing by the state’s ...
- Colorado County GOP Calls for Election Audit Over Doubts About Dominion Voting Systems
By Jack Phillips
The Republican Party in Jefferson County, Colorado, is calling for an audit of the 2018 and 2020 elections, expressing concerns about Dominion Voting ...
- Judge Blocks Certification of Pennsylvania Election Results
By Ivan Pentchoukov
A Pennsylvania judge on Nov. 25 ordered state officials to not certify the results of the 2020 election until her court holds a hearing ...
- Nevada Judge Agrees to Hear Evidence of Alleged Voter Fraud
By Zachary Stieber
A judge in Nevada has agreed to a court date next month to hear from Republicans who allege widespread voter fraud.
First Judicial District Court ...
![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 5")
