New Jobless Claims Decrease to 779,000, Economists Expected 830,000

The number of Americans filing new unemployment claims decreased to 779,000 last week as the economy continued to suffer the effects of the ongoing coronavirus pandemic, according to the Department of Labor.

The Bureau of Labor and Statistics (BLS) figure released Thursday represented a decrease in the number of new jobless claims compared to the week ending Jan. 23, in which there were 847,000 new jobless claims reported. Roughly 17.8 million Americans continue to collect unemployment benefits, according to the BLS report Thursday.

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New Federal Rule: No More Surprise Hospital Bills and More Options for Consumers

Hospitals have begun publishing their actual costs of services, including discounted cash and negotiated rates as a result of a rule change implemented by former President Donald Trump. The rule was challenged by the American Hospital Association and others, who lost in federal district court.

An appeal to the court ruling has not yet been filed. While the association says it is calling on the new administration to adjust the rule, hospitals in the meantime must publish prices for the majority of the services and medications they provide.

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Two Weeks After Trump Declassified Russia Memos, Most Aren’t Released

More than two weeks after Donald Trump officially declassified the evidence, the vast majority of documents detailing FBI and Justice Department failures in the now-discredited Russia collusion investigation remain out of public view in a delay that has thwarted the former president’s goal of sweeping transparency.

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Top DOJ Official’s Connection to Hunter Biden’s Lawyer Will Test Biden’s Commitment to Ethics, Expert Says

President Joe Biden’s commitment to ethics will be put to the test in how his Justice Department handles the connection one of its top officials shares with Hunter Biden’s lawyer, a government ethics expert told the Daily Caller News Foundation.

Chris Clark, a partner at the law firm Latham & Watkins, is assisting Hunter Biden with the federal criminal investigation into his foreign business dealings. Clark had worked closely at the law firm with Nicholas McQuaid until the latter’s departure from the firm on Jan. 20 to lead the Justice Department criminal division, which is reportedly involved with the Hunter Biden investigation.

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With New Administration, Record Number of People Bought Guns in January

Concerns about President Joe Biden’s potential restrictions on firearm purchases sent sales soaring in January, industry insiders said. More than 4.3 million people purchased guns in the first month of 2021, the highest number on record.

The 4.3 million purchases represent legal applications through the FBI’s National Instant Criminal Background Check System (NICS); it excludes illegally purchased firearms.

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California Gas Prices Reach High of $3.27 a Gallon, 66 Cents More Than National Average

California gasoline prices reached the highest they’ve been since March 9, 2020, hitting $3.27 a gallon, according to a new gasoline benchmark published by the U.S. Energy Information Administration.

California gas prices are roughly 66 cents more than average price paid by consumers nationwide.

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Biden DOJ Drops Yale Discrimination Lawsuit

The Department of Justice (DOJ), now under the control of the Biden Administration, has dropped a longstanding discrimination lawsuit against Yale University, as reported by ABC News.

The DOJ informed the district court in Connecticut on Wednesday that it was voluntarily dropping the suit, which was originally filed in October of 2020 after a two-year investigation by the Trump-era DOJ determined that Yale was discriminating against White and Asian applicants based solely on their race. Such racial discrimination was found to be in violation of Title VI of the 1964 Civil Rights Act, by “subjecting domestic, non-transfer Asian and White applicants…to unlawful discrimination on the ground of race.”

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Michigan to Get $19.5 Million for Opioid Epidemic Settlement

Michigan Attorney General Dana Nessel has joined 46 other attorneys general in a $573 million settlement with McKinsey & Co., regarding the company’s role in aggressively helping opioid companies promote their drugs.

Michigan will receive more than $19.5 million from the first opioid multistate settlement resulting in a substantial payment.

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