Five years ago, the U.S. military banned payday and title-loans to military families, but small-dollar, high-interest lenders are getting around the Military Lending Act.
After accepting a teaching post at CUNY, the exalted and shamed former general is reportedly in talks with private equity giant KKR. What are the real job prospects for David Petraeus?
In his final report to Congress this month, U.S. Special Inspector General for Iraq Reconstruction Stuart Bowen said much of the $60 billion the U.S. spent on rebuilding Iraq was wasted.
The U.S. Army is freezing all new applications for its tuition assistance program because of the sequester. As David Gura reports, the elimination of the much relied-upon program is among the first tangible repercussions of the automatic budget cuts.
China is a rising military power in the Pacific and the U.S. is partly a counterbalance, but U.S. military sequester spending cuts may turn out to be a mixed blessing for China.
Secretary of Defense Leon Panetta announced today that he was lifting a military ban on women in combat, opening up thousands of positions on the front lines.