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Economists: Bears’ Arlington Heights stadium won’t bring promised benefits

(The Center Square) – Economists say that reports making large economic claims about a new Chicago Bears stadium in Arlington Heights should be ignored as “purchased propaganda.” ...
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Coinbase to face narrowed shareholder lawsuit

By Jonathan Stempel (Reuters) -A federal judge said Coinbase shareholders may pursue a narrowed lawsuit accusing the largest U.S. cryptocurrency exchange operator of concealing business risks, including whether it would be sued by the Securities and Exchange Commission. In a Tuesday ...
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OPEC+ panel stresses need for full compliance with oil output limits

LONDON (Reuters) -An OPEC+ panel stressed the need for achieving full compliance with oil output agreements at its online meeting on Wednesday, OPEC said in a statement after the meeting. The online meeting of the Joint Ministerial Monitoring Committee, which ...
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Pentagon plans widespread random polygraph testing, nondisclosure agreements, Washington Post reports

(Reuters) -The Pentagon plans to impose strict nondisclosure agreements and random polygraph testing for scores of people in its headquarters, including many top officials, the Washington Post reported on Wednesday. All military service members, civilian employees and contract workers within ...
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Trump administration puts on hold $18 billion in funding for New York City infrastructure projects

WASHINGTON (AP) — The Trump administration said Wednesday that it was putting a hold on roughly $18 billion to fund a new rail tunnel beneath the Hudson River between New York and New Jersey and the city’s expanded Second Avenue subway project because ...
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Supreme Court lets Lisa Cook remain as a Federal Reserve governor for now

WASHINGTON (AP) — The Supreme Court on Wednesday allowed Lisa Cook to remain as a Federal Reserve governor for now, declining to act on the Trump administration’s effort to immediately remove her from the central bank. In a brief unsigned order, the high court ...
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Activist investors had busiest quarter ever, launching 61 campaigns

By Svea Herbst-Bayliss NEW YORK (Reuters) -Activist investors who push companies for operational changes and management shake-ups launched a record number of attacks on global corporations in the third quarter and won more board seats and settlements, new data from ...
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US government shutdown negative for credit rating, Europe’s Scope warns

LONDON (Reuters) -European rating agency Scope has said that the shutdown of the U.S. government is another negative for the country’s downgrade-threatened credit score. Scope, which currently rates the U.S. ‘AA’ with a ‘negative outlook’, said it showed deepening political ...
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Illinois quick hits: Durbin declines award; nearly $1B in sports betting revenue

Durbin declines award Illinois U.S. Sen. Dick Durbin has decided not to receive an award from the Archdiocese of Chicago for his contributions in ...
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Trump administration puts on hold $18 billion in funding for New York City infrastructure projects

WASHINGTON (AP) — The Trump administration said Wednesday that it was putting a hold on roughly $18 billion to fund a new rail tunnel beneath the Hudson River between New York and New Jersey and the city’s expanded Second ...
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Continental AG expects ‘high double-digit million euro’ tariff hit in second half

FRANKFURT (Reuters) -Continental AG expects a “high double-digit million-euro” hit from U.S. tariffs in the second half of 2025, it said on Wednesday, adding this already factored in a retroactive cut to 15% as of August. The German automotive supplier, ...
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US financial regulators start shuttering as federal funding runs out

WASHINGTON (Reuters) -U.S. market regulators began the process of furloughing workers on Wednesday as the federal government shut down after Congress failed to extend funding, curtailing key oversight functions, stymieing initial public offerings, and limiting some market and economic data.  The ...
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