Post 9/11 wars a reliance on contractors harms U S
A brown University Costs of War study finds up to half of 14 trillion dollars in Pentagon spending since 9/11 went to private defense contractors. It notes contractors ran fuel convoys and trained Afghan forces, contributing to mission failure as the Taliban swept Afghanistan.
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Wall Street closes higher after late buying rally
Stocks end mostly up on Monday with the S&P 500 gaining 0.2 percent to 4,468.73 while the Dow climbs 261.91 points to 34,869.63 and the Nasdaq slips 9.91 to 15,105.58. Banks energy and telecom lift, healthcare and utilities fall as investors await clarity on the economy and pandemic impact. The Biden administration offers 482 million to aerospace suppliers to save up to 22,500 jobs as COVID relief fuels the budget deficit outlook.
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