- Poll: Trump’s Approval Rating Hits High for 2019 After Impeachment Talk
BY JACK PHILLIPS
In a new poll, President Donald Trump’s approval rating hit the highest mark this year despite the talk of impeachment.
A poll from HarrisX on Oct. 2 ...
- Adam Schiff-Ukraine connection comes under scrutiny
By Alex Pappas | Fox News
House Intelligence Committee Chairman Adam Schiff, who has played a leading role in investigating the Trump-Ukraine scandal, is facing questions about his own connection to ...
- Pence Defends Trump’s Calls for Ukraine, China to Investigate Biden
BY ZACHARY STIEBER
Vice President Mike Pence is defending President Donald Trump’s calls for foreign governments to investigate one of Trump’s leading Democratic rivals.
And Pence is echoing Trump’s private and ...
- Planned Parenthood Built Secret Abortion ‘Mega-Clinic’ in Illinois Under Shell Company: Report
BY MIMI NGUYEN LY
Planned Parenthood is set to open an 18,000 square foot mega-clinic in southern Illinois after more than a year of building the abortion facility in secret.
CBS News ...
- Impeachment Stands No Chance of Success
By Stephen Meister
Under Article I, Section 3 of the U.S. Constitution, conviction on an impeachment resolution requires a two-thirds vote of the Senate—today, 67 ...
- Ukrainian President Zelensky Says He Never Spoke to Rudy Giuliani
BY JACK PHILLIPS
‘I never feel any pressure’ .
Ukraine’s President Zelensky on Oct. 1, said he has not met with Rudy Giuliani, President Donald Trump’s personal lawyer.
“I ...
- Tomi Lahren: CA Democrats ignoring homeless ‘epidemic’ in favor of Trump impeachment push
By Julia Musto | Fox News
California Democrats are completely ignoring the state’s homeless crisis in favor of the Trump impeachment inquiry, Fox Nation host Tomi Lahren said Wednesday.
Appearing on “Fox & Friends,” Lahren said ...
- Secretary of State Pompeo Says He Was on the Phone During Trump’s Call With Ukrainian President
BY ZACHARY STIEBER
Secretary of State Mike Pompeo said he was on the phone while President Donald Trump spoke with Volodymyr Zelensky, his Ukrainian counterpart, in July.
“I was on the phone call,” Pompeo told ...
- Trump Lawyer Giuliani Hires Watergate Prosecutor to Represent Him in Impeachment Inquiry
BY ISABEL VAN BRUGEN
President Donald Trump’s personal lawyer, Rudy Giuliani, has hired former Watergate prosecutor Jon Sale to represent him in the congressional impeachment inquiry, he confirmed on Oct. 1.
The ...
- Trump Intensifies Criticism of Impeachment Inquiry by Calling It a ‘Coup’
BY TOM OZIMEK
Graham: Barr should be talking to Australia, Italy, UK about intelligence cooperation
Anonymous sources reveal details about another Trump call; South Carolina Sen. Lindsey ...
- Inspector General Admits to Changing Whistleblower Form Due to Media Scrutiny
BY IVAN PENTCHOUKOV
The Office of the Intelligence Community Inspector General (ICIG) admitted Sept. 30 that media scrutiny contributed to its decision to make a significant ...
- Trump campaign, RNC breaks fundraising record with massive $125M third quarter haul
By Andrew O’Reilly | Fox News
President Trump and the Republican National Committee brought in $125 million in fundraising in the third quarter of this year, setting up a hefty war ...
![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")
