An American military report has warned of a growing probability of the United States fighting a war with a major power, Russia or China, with “immense” consequences. The report released on Wednesday by General Martin Dempsey, the chairman of the Joint Chiefs of Staff, singles out Russia and China as aggressive countries and a threat to US security interests. “Russia’s military... 

An American economist says the country’s middle class population is being pushed further down the scale of economic capability. “…the income distribution has been severely hurt. It is so badly skewed now that all of the evidence is clear – a very small percent of the population receives almost the entire gain and income increases and the wealth is being concentrated in the top, is extremely...