#1pct

In good economic times, middle class families took on debt to enjoy the good life. The recession wrecked those dreams and left IOUs that will take a generation to repay. Is the dream of upward mobility gone?

The Post’s June 15 Metro article “Va. man explains contract fraud” touched a nerve with me: Fraud that has long surrounded the government’s practice of awarding contracts on a limited- or no-competition basis to businesses owned by persons of the right skin color. Perhaps the seminal case was the in...

Senator calls report “stunning,” while industry group says sample size is too limited.

Despite an economic recovery, a stable job market and growing business profits, middle-class Americans are still feeling the pressure from all sides, according to an analysis by MSN Money.

While government agencies, such as Department of Defense, are struggling with budget cuts, government contractors have grown increasingly 'fat' sopping up taxpayer dollars, according to The Washington Times.

The wealth gap might still be growing, experts said, further dimming the prospects for economic advancement for current and future generations of nonwhite Americans.

The layoffs at Weil, Gotshal & Manges confirm what most lawyers already know: big-firm practice has become just another business.

The Army will institute its largest reorganization since World War II to meet budget goals while winding down from wars.