- Nevada DMV Records Suggest 3,987 Non-Citizens Voted in 2020 Election
By Ivan Pentchoukov
Nevada Department of Motor Vehicle (DMV) records suggest that nearly 4,000 legal and illegal aliens cast votes in the 2020 general election, ...
- US in Middle of ‘Battle of Good vs. Evil’: Michael Flynn
By Jack Phillips
Retired Army Lt. Gen. Michael Flynn, the former director of national intelligence, said the United States is in the middle of a “battle ...
- Trump: Barr ‘Had an Obligation to Set the Record Straight’ on Hunter Biden Investigation
By Jack Phillips
President Donald Trump said that Attorney General William Barr was obligated to investigate Joe Biden’s son Hunter and his overseas business dealings.
“Joe Biden lied on ...
- Georgia Lawmaker: ‘What They’ve Done Is Awaken a Sleeping Giant’
By Charlotte Cuthbertson
WASHINGTON—Vernon Jones, State Representative in the Georgia House of Representatives, says he is surprised more people haven’t stood up to do the ...
- Sen. Ron Johnson: Voters Should Have Known About DOJ Hunter Biden Investigation
By Jack Phillips
Sen. Ron Johnson (R-Wis.) said Congress should have been told whether Hunter Biden’s business dealings were being investigated as they were considering to ...
- Sidney Powell: Trump Could Trigger 2018 Executive Order on Foreign Election Interference
By Jack Philips and Jan Jekielek
Lawyer Sidney Powell asserted that due to alleged foreign interference in the Nov. 3 election, “it’s more than sufficient to trigger” ...
- Georgia Supreme Court Declines to Hear Trump Lawsuit Ahead of Electoral College Vote
By Jack Phillips
The Supreme Court of Georgia declined to hear an election challenge filed by President Donald Trump’s team before the Dec. 14 Electoral College vote.
The court said that it “lacks ...
- Powell Asks Supreme Court to Immediately Order States Decertify Election Results
By Janita Kan
Attorney Sidney Powell is asking the U.S. Supreme Court to immediately intervene in her lawsuits challenging the integrity and outcome of the 2020 elections in four ...
- Georgia County Commission Took $6.3 Million from Mark Zuckerberg Group
By Jay Greenberg
Fulton County officials accepted grant from Facebook CEO’s group without public discussion.
The Fulton County Board of Commissioners accepted a staggering $6.3 million ...
- Joe Biden may not be installed in the White House, suggests DNI John Ratcliffe
By Ethan Huff
(Natural News) Appearing on a recent segment of “Sunday Morning Futures” with Maria Bartiromo, Director of National Intelligence (DNI) John Ratcliffe made the ...
- Trump Approves Filing Retooled Texas-Style Election Challenges: Giuliani
By Zachary Stieber
President Donald Trump’s legal team is planning on filing retooled lawsuits, his lawyer said Saturday.
“We move immediately, seamlessly, to plan B, which ...
- Wisconsin Election Official: No Evidence of Fraud Related to Dominion Machines
By Zachary Stieber
An election official in Wisconsin testified Friday that there’s no evidence of fraud related to Dominion Voting Systems machines.
“In Wisconsin, there were no dumps of ballots ...
![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 8")
