- Twitter unlocks Mitch McConnell’s campaign account after GOP fury
By Alex Pappas | Fox News
Mitch McConnell’s campaign is back on Twitter.
Days after the social media platform froze the “Team Mitch” account over a video it posted of leftwing ...
- Missouri Walmart threat suspect ID’d by police, mugshot released
Police in Missouri identified the armed suspect that entered a Springfield Walmart on Thursday as 20-year-old Dmitriy Nickolayvich Andreychenko, who was reportedly stopped at gunpoint by an off-duty firefighter before ...
- Man wrongly outed as Trump donor by Castro, forced to go over ‘situational awareness’ with wife, kids
By David Montanaro | Fox News
A San Antonio man was wrongly outed on Twitter as a donor to President Trump by Democratic Rep. Joaquin Castro and said Friday the incident ...
- Trump unloads on Biden: ‘Joe is not playing with a full deck’
By Adam Shaw | Fox News
President Trump on Friday unloaded into Democratic 2020 frontrunner Joe Biden, saying he would be “thrilled” if the former vice president was his ...
- Trump 2020 spokeswoman: Joaquin Castro’s doxxing only emboldened Trump donors
By Nick Givas | Fox News
Trump campaign spokeswoman Kayleigh McEnany said Rep. Joaquin Castro’s, D-Texas, doxxing of the presidential donors has only fueled the fire, and inspired more people to ...
- GOP goes to war with Twitter over McConnell campaign account freeze
By Ronn Blitzer | Fox News
Republicans are going to war with Twitter after the platform froze the Mitch McConnell re-election account this week because the campaign posted a ...
- Trump: Democrats Cry Racism Every Time ‘They Are Down or Run Out of Facts’
BY ZACHARY STIEBER
President Donald Trump said that Democrats call people racist any time they can’t rebut the ideas people are putting forward.
“The Dems new weapon is ...
- Google Will ‘Actively Interfere’ in 2020 Elections, Researcher Says
BY BOWEN XIAO
A researcher who has spent more than half a decade monitoring Google’s influence said he believes the tech giant will “actively interfere” in the ...
- Trump Criticizes Ohio Democrats for ‘Misrepresenting’ Visit at Dayton Hospital
BY JANITA KAN
President Donald Trump has criticized two Ohio Democrats who accompanied him during his visit at a Dayton hospital to meet with first responders and ...
- Steve Ronnebeck, Whose Son Was Murdered by an Illegal Immigrant, Kicks Off Race for Congress Seat
BY ZACHARY STIEBER
Steve Ronnebeck, whose son was shot dead by an illegal immigrant, kicked off the race for an Arizona Congressional seat this week, about two weeks ...
- President and First Lady Visit Victims and Thank First Responders at Dayton Hospital
BY IVAN PENTCHOUKOV
President Donald Trump and First Lady Melania Trump on Aug. 7 met with victims and thanked first responders and hospital staff at a Dayton hospital ...
- Trump Notes Dayton Shooter Had History of Supporting Antifa, Elizabeth Warren
BY ZACHARY STIEBER
President Donald Trump noted that the alleged Dayton, Ohio, shooter expressed support for Sens. Elizabeth Warren (D-Mass.) and Bernie Sanders (I-Vt.) in addition ...
![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 4")
