Data and Financial Journalist
The burgers, stews, and chili on your menu might get pricier. U.S. beef prices have reached record highs amid inflation pressures, supply shortages, and new tariffs on Brazilian imports. With the U.S. cattle inventory at its lowest since 1951 and Brazil facing steep tariff hikes, beef prices may climb even higher in 2025.
April’s trade deficit plunged from a revised $138.3 billion in March to $61.6 billion, driven by a 16% drop in imports that reversed the pre-“liberation day” spike.
Gold investment demand jumped 170% in Q1 2025 — the highest since early 2022 — driven by record ETF inflows, rising economic uncertainty, and strong buying in Asia.
IMF issued its steepest downgrade for the U.S. among advanced economies, citing rising tariff-related uncertainty and a heightened risk of recession. Global economic sentiment has dimmed, with the IMF now projecting a 37% chance of a U.S. downturn—up sharply from 25% just months ago.