- Tucker Carlson: Trump impeachment inquiry message to voters – You can’t make policy changes, shut up and obey
By Tucker Carlson | Fox News
Like an HR meeting convened in hell, the whole Ukraine impeachment saga is boring, hard to understand, and apparently goes on for eternity. ...
- Victor Davis Hanson: Fear of a deep state coup is not just right-wing paranoia
By Victor Davis Hanson | Tribune Media Services
For most of the last three years, Donald Trump’s critics have scoffed at supposed “conspiracy theories” that claimed a “deep state” ...
- Mark Meadows: Impeachment hearing produced this ‘real bombshell’
By Vandana Rambaran | Fox News
GOP Rep. Mike Turner, R-Ohio, hammered America’s ambassador to the European Union, Gordon Sondland, during Wednesday’s testimony, seizing on Sondland’s admission that he never ...
- The Real Problem With Impeachment Is the People’s Sovereignty
By Shmuel Klatzkin
And the Deep State is decidedly against it.
n November 14’s Wall Street Journal, Peggy Noonan properly calls to mind
the American ideal ...
- A Republic, But Only If We Can Keep It
By E. DONALD ELLIOTT
How the Second American Civil War could begin.
As Benjamin Franklin was leaving the Constitutional Convention, he was asked, “What ...
- Morrison, Volker undercut claims of ‘quid pro quo,’ ‘bribery’ and ‘cover-up’ in pivotal day of testimony
By Gregg Re, Alex Pappas | Fox News
Republicans sounded a celebratory note as House Democrats’ impeachment inquiry wrapped up another day of public hearings Tuesday evening, saying the day’s witnesses had served ...
- Trump slams Pelosi as ‘grossly incompetent’ for trade deal handling, calls impeachment inquiry a ‘kangaroo court’
By Andrew O’Reilly | Fox News
President Trump on Tuesday upbraided House Speaker Nancy Pelosi, D-Calif., for allowing House lawmakers to focus on the ongoing impeachment inquiry instead of voting ...
- Jeffrey Epstein prison guards charged with falsifying records
By Greg Norman | Fox News
Two prison guards who were on duty during the night Jeffrey Epstein killed himself have been taken into custody Tuesday on federal charges ...
- GOP lawmaker slams Schiff during impeachment hearing, demands proof of whistleblower ‘immunity’
By Charles Creitz | Fox News
House Intelligence Committee member Mike Conaway, R-Texas, criticized Rep. Adam Schiff, D-Calif., as Conaway completed his questioning of witnesses during Tuesday’s impeachment inquiry hearing.
Conaway made ...
- Nunes questions Schiff about ‘magical 15 minutes’ during lengthy impeachment hearing
By Andrew O’Reilly | Fox News
The ranking Republican on the House Intelligence Committee continued Tuesday evening to criticize the committee’s lengthy impeachment hearings into President Trump, and committee Chairman ...
- McCarthy: Dems know it’s ‘inappropriate’ to even float idea of Trump testifying in impeachment inquiry
By Nick Givas | Fox News
There is almost a “zero” chance President Trump accepts House Speaker Nancy Pelosi’s, D-Calf., invitation to testify before Congress in his own impeachment inquiry, for fear that ...
- No mention of Bidens, Burisma while Ukraine military aid was held up, State official testifies
By Gregg Re | Fox News
David Hale, the State Department’s No. 3 official, testified in a Nov. 6 closed-door deposition that no one in the Trump administration ...
![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")
