- Former Senate Leader of Minnesota’s Democrats Leaves Party
By Zachary Stieber
The former Democrat leader in Minnesota’s state Senate announced with a colleague on Wednesday that he’s leaving the party.
State Sens. Tom Bakk and ...
- Wisconsin Elections Commission Agrees to Order Partial Recount After Trump Request
By Zachary Stieber
The Wisconsin Elections Commission on Wednesday night issued an order to recount ballots in two counties following a request by President Donald Trump’s campaign.
Commissioners in a ...
- Georgia Recount Witnesses Saw Trump Votes Counted for Biden
By Ivan Pentchoukov
Affiants also swore to have seen suspiciously pristine, uncreased mail ballots, uniformly and perfectly filled out.
Witnesses of the recount of the presidential ...
- Lawmakers at Hearing Largely Agree Section 230 Reform Needed
By Bowen Xiao
Lawmakers questioned the chief executives of Twitter and Facebook at a Senate Judiciary Committee hearing over the social media platforms’ content moderation ...
- Mail-In Ballots in Pennsylvania Not Registered in State Data, Hundreds of Voters Say
By Petr Svab
More than 400 Republican voters in Pennsylvania say they requested mail-in ballots and returned them to vote, but the state absentee voting data say the ballots ...
- Trump Campaign Calls for Partial Recount in Wisconsin, Alleges Illegally-Altered Ballots
By Jack Phillips
The Trump campaign said Wednesday it will file for a partial recount in Wisconsin that targets several counties, spending $3 million to cover the ...
- Georgia Monitor Catches 9,626-Vote Error in Hand Recount
By Ivan Pentchoukov
A recount monitor in Georgia discovered a 9,626-vote error in the hand recount in DeKalb County, according to the chairman of the Georgia Republican Party.
“One of our ...
- Major developments in key states
By Newsmax TV
https://youtu.be/zMDtOtGFrYg
Lawyer Sidney Powell provides insight into election irregularities, potential illegal actions and more – via ‘Greg Kelly Reports.’
- Election Contest Claims 15,000 Voters in Nevada Also Voted Outside the State
By Mimi Nguyenly
Nevada’s Republican Party announced a new election contest on Tuesday to “throw out fraud and ensure election integrity,” citing a slew of alleged voting ...
- Third Georgia County Finds Memory Card With Uncounted Votes
By Ivan Pentchoukov
A third county in Georgia discovered a memory card with uncounted votes, a majority of which were cast for President Donald Trump, according to ...
- Report: More than 300,000 People Have Fled New York City Due to Coronavirus, Crime
By Katherine Rodriguez
More than 300,000 people have fled New York City over the past eight months because of rising crime rates and the coronavirus ...
- Election Voting Machine Secrets Revealed: Dominion Ties to Scytl, Smartmatic
By Beyond The Noise
In the wake of evidences suggesting that Dominion voting machines may run risks and potentially be involved in vote switching in ...
![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")
