- ‘Is she serious?’: Dan Bongino says Lisa Page, other ‘deep-staters’ are in panic mode
By Joshua Nelson | Fox News
Panic in the swamp.
Former Secret Service agent Dan Bongino said on Monday that ex-FBI lawyer Lisa Page breaking her silence to push ...
- Lisa Page breaks silence, saying Trump’s ‘fake orgasm’ forced her to speak out
By Gregg Re | Fox News
“Honestly, his demeaning fake orgasm was really the straw that broke the camel’s back.”
With those striking words in an interview published ...
- House Republican Urges Nadler to Expand Academic Witness List in Impeachment Hearing
BY ALLEN ZHONG
House Judiciary Committee Ranking Member Doug Collins (R-Ga.) urged House Judiciary Committee Chairman Jerrold Nadler (D-N.Y.) to include more academics as witnesses for the ...
- Newsweek Fires Reporter After Inaccurate Article on Trump’s Thanksgiving Day Plans: Report
BY ALLEN ZHONG
Jessica Kwong, a Newsweek reporter who wrote an inaccurate article about President Donald Trump’s Thanksgiving Day plans, has been fired by the media outlet, according ...
- A dozen document troves that could change the Ukraine scandal if Trump released them
By John Solomon
There are still wide swaths of documentation kept under wraps inside government agencies like the State Department that could substantially alter the ...
- Twitter blocks Ilhan Omar’s GOP rival after ‘treason’ post
By Audrey Conklin FOXBusiness
A Republican congressional candidate hoping to unseat Rep. Ilhan Omar, one of four progressive Democratic Congresswomen known as “the squad,” is defending ...
- Carter Page accuses DOJ of ‘Orwellian overreach’ over effort to prevent him previewing FISA report
By Brooke Singman, Adam Shaw | Fox News
EXCLUSIVE: Former Trump campaign aide Carter Page is accusing the Department of Justice of “Orwellian overreach” in its efforts to ...
- Hunter Biden demands financial records are kept secret in child support suit: report
By Adam Shaw | Fox News
Hunter Biden filed a protective order this week in an effort to seal his financial records from being released publicly — amid ...
- Bloomberg News punts on candidate Bloomberg and Dems, but not Trump
By Howard Kurtz | Fox News
Back when he was New York’s mayor, Mike Bloomberg routinely feuded with the press over his whereabouts.
He doggedly refused to release ...
- How Trump’s Thanksgiving Afghanistan trip was kept under wraps amid extreme security
By Adam Shaw, Kristin Fisher | Fox News
President Trump surprised troops and news outlets on Thanksgiving morning when he appeared in Afghanistan to thank troops for their service ...
- New York Times columnist’s Republican brother pens column blasting 2020 Dems, praising Trump
By Edmund DeMarche | Fox News
And you thought there was tension at your Thanksgiving table.
Once a year, Maureen Dowd, the Pulitzer Prize-winning columnist at The New York Times, ...
- BET founder says 2020 election is Trump’s to lose
By Edmund DeMarche | Fox News
Robert Johnson, the founder of Black Entertainment Television, said in an interview Friday that he does not believe that there’s a ...
![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")
