Americans should brace for a painful downturn, the billionaire has said
Amazon founder Jeff Bezos has warned that the US economy may be headed for a recession as surging inflation is causing too much pain.
He expressed this view while retweeting a CNBC interview with Goldman Sachs CEO David Solomon on Tuesday in which the banker warned that he saw a “good chance” of a recession in the US and advised business owners to be cautious and prepare for more market volatility as growth headwinds mount.
“Yep, the probabilities in this economy tell you to batten down the hatches,” Bezos wrote on Twitter in response.
The billionaire has joined a growing chorus of leading investors, executives, and analysts – including JPMorgan Chase CEO Jamie Dimon – who are sounding the alarm over what lies in store for the US economy.
Economists say that inflation remains a persistent problem for the US economy. The current inflation rate of 8.2% is the highest since 1981. Meanwhile, the core US consumer price index (CPI), which excludes food and energy, rose by a record 6.6% year-to-date through September, according to official data released earlier this month.
https://www.rt.com/business/564980-bezos-dire-warning-us-economy/
The world's largest aircraft carrier, the USS Gerald R. Ford, will arrive in the northern Caribbean on Sunday as tensions with Venezuela grow, according to a U.S. military official. The carrier will join 15,000 service members, including 2,000 Marines aboard an amphibious assault ship.
The official, who was not authorized to speak publicly, told NPR the "table is being set" for possible military action. Administration officials are continuing to hold high-level meetings with members of Congress and foreign leaders amid ongoing military exercises.
It remains unclear, however, if President Trump will use military force against Venezuela. The U.S. has conducted 20 strikes on boats in the region so far, saying they were ferrying drugs trafficked from the country. In August, the U.S. government set a $50 million reward for the arrest of Venezuelan leader Nicolás Maduro.......more below
https://www.npr.org/2025/11/15/nx-s1-5609888/aircraft-carrier-caribbean-venezuela-military-action
By PHILLIP NIETO, US POLITICAL REPORTER
GOP lawmakers have released a trove of new emails from pedophile Jeffrey Epstein, including the financier claiming to have compromising photos of 'dirty' Donald Trump.
The House Oversight Committee, which includes Trump loyalist and Florida Representative Anna Paulina Luna, published 23,000 pages of documents from the estate of the deceased pedophile on Wednesday after the Democrats released a selective batch of emails earlier in the day.
Republican and Democratic members of the committee are investigating Epstein.....more below
