- Trump Lawyer in Wisconsin Seeks to Get His Own Vote Thrown Out
By Jack Phillips
Campaign alleges state illegally issued absentee ballots to in-person voters, wants thousands of votes tossed.
A Trump campaign lawyer in Wisconsin is attempting to get ...
- Representative Gosar – Auditing Arizona’s Election, Media Disinformation May Have Violated Law
By Joshua Phillip
The outcome of the 2020 presidential elections are still not finalized, and the Trump team is filing numerous lawsuits as counts and ...
- Rep. Hice: ‘Very Serious Problems’ in Georgia’s Election
By Isabel Van Brugen
Rep. Jody Hice (R-Ga.), said Sunday that he believes there were “very serious problems in Georgia’s election,” as the state prepared to ...
- Attorney Challenging Georgia Election Outcome Appeals Case
By Janita Kan
The attorney whose efforts to block the certification of Georgia’s 2020 election results was rejected by a federal judge has filed an appeal to the ...
- Nearly a Tenth of Biden Voters in Key States Would Not Have Voted for Him Had They Known About Hunter Biden Scandal: Survey
By Mark Tapscott
Large numbers of seven battleground state voters who backed former Vice President Joe Biden would not have voted for him had they known about ...
- Thousands in Georgia Registered at Postal, Commercial Addresses, Portraying Them as Residences, Researcher Says
By Petr Svab
Thousands of people registered and voted in Georgia using addresses of postal facilities or businesses, but making it look like they were residential addresses, ...
- Group Files Emergency Petition in Wisconsin After Identifying 150,000 Potentially Fraudulent Ballots
By Zachary Stieber
A group on Tuesday filed an emergency petition with the Wisconsin Supreme Court, challenging the state’s unofficial election results.
The Thomas More Society’s Amistad Project said it ...
- ‘Asleep at the Wheel’: Trump Adviser Says DOJ, FBI Need to Investigate Alleged Election Fraud
By Jack Phillips
A campaign adviser for President Donald Trump decried the Department of Justice (DOJ) for not taking sufficient action in combatting alleged voter fraud during ...
- Subpoena in Georgia Election Lawsuit Seeks Video Footage From State Farm Arena
By Ivan Pentchoukov
The plaintiff in an election lawsuit in Georgia on Monday served a subpoena on State Farm Arena seeking video footage filmed on the premises during and after Election Day.
The subpoena names ...
- Trump’s Big Win and the Will of the People
By Richard Greenhorn
You should be of high spirits. Donald J. Trump, who is the only major American political figure alive interested in conserving anything, won ...
- Giuliani Reveals Why Trump Legal Team Issued Statement on Sidney Powell
By Jack Phillips
President Donald Trump lawyer Rudy Giuliani offered an explanation on why Trump’s legal team issued a statement saying lawyer Sidney Powell is ...
- Wisconsin Officials Find Uncounted Ballots During Recount
By Zachary Stieber
Election officials in Wisconsin on Nov. 24 found a batch of uncounted ballots during the state’s partial recount.
Officials found 386 uncounted ballots.
Milwaukee’s elections board voted ...
![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")
