Suburb of Chicago, Cook County, Illinois
The Chicago Bears have voted to move forward with a stadium development project in Hammond, Indiana, after Illinois talks over a new stadium site stalled in the legislature. The team has committed about $2 billion of its own money, while the site remains to be confirmed and no public funding has been secured. Indiana has established a stadium authority and is positioning Hammond as the primary site, signaling a potential shift of the Bears’ home from Soldier Field.
The economy has expanded modestly in Q2 while inflation has cooled further; consumer spending remains resilient, but prices stay above the Fed’s 2% target and mortgage costs rise.