Dec 19, 2013 The Joint Strike Fighter -- a new, high-tech jet known as the F-35 -- is way over budget and years behind schedule. Yet Congress has not moved to clip its wings.
Oct 3, 2013 According to a new report from Challenger, Gray and Christmas.
Sep 5, 2013 Less people filed for unemployment over the last week. But layoff announcements went up.
Jul 8, 2013 Monday is day one of the sequester-driven defense cuts, including a one-day a week closure of all domestic military grocery stores.
Jun 21, 2013 The Paris Air Show is one of the world’s largest aviation and defense showcases. The U.S. pavilion is always the biggest, and typically attracts an entourage of American governors and members of Congress. But in this age of budget cuts, scrutiny on the costs will be high.
Jun 20, 2013 American troops are on the way out of Afghanistan, but the Washington Post reports that much of their gear, some $7 billion worth, won't be coming home with them.
Jun 6, 2013 Overall layoffs have decreased since last year, but some industries in particular are cutting back.
May 23, 2013 Drones are a hot topic these days and the industry is heating up to potentially become big. What's the payoff and what other industries might suffer for it?
Stacey Vanek Smith
May 9, 2013 U.S. jobless claims are falling -- most recently to a pre-recession level -- but does that mean nothing more than employers are getting to the point where they can’t lay off any more workers?