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GDP grows in latest data

By Casey Harper | The Center Square (The Center Square) – Newly released federal data reports that the U.S. gross domestic product grew slightly less than expected in the third quarter of 2024. The U.S. Bureau of Economic Analysis released the data Wednesday, reporting that the GDP grew at an annualized rate of 2.8% which

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CTA spends big despite looming fiscal cliff

By Jim Talamonti | The Center Square (The Center Square) – A new report says that overspending, not underfunding, is to blame for the Chicago Transit Authority’s budget woes. CTA is facing a $577 million budget shortfall. Illinois Policy Institute policy researcher Ravi Mishra said CTA ridership is barely 60% of pre-COVID levels, and growth has

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