Former Republican vice-presidential candidate and Wisconsin Representative Paul Ryan has been named the keynote speaker for the 2027 Utah Economic Outlook conference. The announcement marks a significant speaking engagement for the prominent GOP figure in Utah.
One Nation has unveiled a plan to slash immigration by 750,000 places over three years through caps on international students and skilled migrant families, aiming for net-negative migration. Labor warns the policy would damage the economy and force hospitals to close, while polling shows two-thirds of Australians support reduced refugee intake and stricter deportations.
Federal Reserve Chair Kevin Warsh indicated at the Jackson Hole economic symposium that the central bank may raise interest rates in the coming months, stating inflation is still too high and "we have work to do." This represents a clearer signal about potential rate hikes than Warsh had previously provided.
IMF Managing Director Kristalina Georgieva stated that artificial intelligence investment is expanding beyond the United States and becoming a broader driver of global economic growth, even as the world economy faces challenges from inflation, debt, and trade tensions.
Bank of America announced a $250 billion commitment to finance domestic infrastructure and digital projects by July 2027, aimed at boosting economic growth and creating jobs. The initiative comes as the bank seeks to align with the Trump administration's priorities.
Zambian President Hakainde Hichilema secured a second term, defeating opposition challenger Brian Mundubile by more than one million votes. Despite campaigning on economic recovery and debt restructuring achievements, his victory margin was narrower than expected as voters expressed frustration over persistent poverty and cost-of-living pressures.
Chile's Congress has approved a sweeping economic reform package championed by President José Antonio Kast, featuring corporate tax cuts and investment incentives designed to revive growth in the world's largest copper producer. The Senate passed the final article with a 27-22 vote, marking a major legislative victory for Kast's flagship economic initiative.
New York City Mayor Zohran Mamdani named former FTC Chair Lina Khan as board chair of the New York City Economic Development Corporation, a surprise appointment that puts a prominent antimonopoly advocate in a key economic development role.
Germany's CDU/CSU-SPD coalition government unveiled a comprehensive package of pension, tax and labor reforms after seven hours of negotiations. Chancellor Friedrich Merz says the measures aim to revive the country's sluggish economy, boost competitiveness and create jobs.
Andy Burnham, former mayor of Greater Manchester, is set to become Britain's next prime minister following Keir Starmer's resignation announcement. Burnham delivered his first major policy speech outlining his economic agenda and devolution plans, including a 10-year mission to raise living standards and promote regional growth.
A Pew Research Center survey found global confidence in President Trump stands at just 23%, indicating declining U.S. standing abroad, even as Trump celebrated Father's Day by claiming the U.S. has the "BEST ECONOMY EVER" with record jobs and stock market numbers.
Democrats dominated Election Day 2025, winning gubernatorial races in Virginia and New Jersey and New York's mayoral contest, as voters cited economic concerns and rejected President Trump's endorsed candidates in the first major elections since his return to the White House.
