Feds Subpoenaed Hunter Biden During 2016 Election, Raising Worry over Unpaid Taxes on Ukraine Work

As the 2016 election kicked into full gear, Hunter Biden’s inner circle feared an impending federal criminal indictment of his long-time business partner might expose the then-vice president’s son to legal jeopardy because he had avoided paying taxes on income from the Ukrainian gas firm Burisma Holdings, according to emails on an abandoned laptop seized by the FBI.

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Jobless Claims Drop to 376,000, Hit Another Pandemic Low

Photo “Unemployment Insurance Claims Office” by Bytemarks. CC BY 2.0.

The number of Americans filing new unemployment claims dropped to 376,000 last week as the economy continues to recover from the coronavirus pandemic, according to the Department of Labor.

The Bureau of Labor and Statistics figure released Thursday represented a decrease in the number of new jobless claims compared to the week ending May 29, when 385,000 new jobless claims were reported. That number was unrevised from the figure initially reported last week.

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Keystone XL Pipeline Project Terminated, Developer Says

Keystone XL Pipeline

The developer of the Keystone XL Pipeline announced that it was abandoning the contested project months after President Joe Biden revoked the pipeline’s federal permit.

TC Energy permanently canceled further construction of the pipeline after conducting a comprehensive review of its options alongside the Government of Alberta, Canada, which had been a project partner, according to the energy company’s announcement on Wednesday afternoon. The company noted that the project, which had been strongly criticized by environmental groups, was suspended on Jan. 20 after Biden issued an executive order revoking its permit.

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IG Report: President Trump Did Not Order the Park Police to Clear Out ‘Peaceful Protesters’ with Tear Gas for a Photo Op

The Park Police did not clear protesters outside the White House last summer to make way for President Donald Trump’s photo opportunity,  according to a new report released by the Interior Department’s inspector general on Wednesday.

The report determined that Park Police were given permission to clear the park long before anyone even knew the former president had plans to walk over.

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Inflation Surges Five Percent, Largest Spike Since 2008

The Consumer Price Index has increased 5% over the last 12 months, the fastest pace of inflation since August 2008, according to a Department of Labor report.

The Consumer Price Index (CPI), a common tool used to measure inflation, increased 0.6% between April and May, according to the Labor Department report released Thursday morning. Economists projected that the CPI increased by 0.5% and 4.7% over the 12-month period ending in May, according to The Wall Street Journal.

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Commentary: The Right Way to Modernize Infrastructure

Everything these days seems to count as infrastructure. Child care is infrastructure. Elder care is infrastructure. Even court-packing is infrastructure. But in a world where everything is infrastructure, nothing is infrastructure, and our existing infrastructure suffers as a result. Take, for example, President Biden’s recently revised American Jobs Plan, a $2 trillion boondoggle that prioritizes pretty much everything except for the roads, bridges, ports, and waterways that constitute actual infrastructure. The plan comes after we already appropriated $605 billion for infrastructure and transportation in the last three COVID-19 relief bills. 

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Commentary: As the U.S.-China Trade War Continues, Career Training Is America’s Best Defense

People working on desktop computers

Amid the ongoing trade war between China and the United States, lawmakers are moving to pass a comprehensive new bill to boost economic competition, minimize reliance on China, and promote investment in the American workforce. With our economy beginning to recover, we need to focus on preparing young people to fill vital roles in the years ahead and decrease our reliance on tech and talent from abroad. 

China has the world’s second-largest economy and a faster-growing and more lucrative tech industry that “is poised to come out ahead” of the U.S., according to an analysis by The Wall Street Journal last year. It’s winning the 5G race, contributes more to AI research, and because its population is so large, it has more data to feed to machine-learning and transportation technologies like self-driving vehicles.

If the U.S. wants to prevail in the tech race, we have to start with education. The pandemic has provided motivation for the U.S. to seek greater economic independence and bring jobs back to our shores. Career-oriented learning solutions can help fill these specialized jobs.

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Report: Michigan’s COVID-19 Vaccination Failure Contributed to Killing 2,500 People

A USA TODAY article dives into Michigan’s vaccine focus on “equity” instead of protecting those most vulnerable to COVID-19. A surge of COVID-19 cases late in the pandemic killed 2,500 people.

“But in the race to put shots in arms, Michigan lost. Its vaccination rate lagged Minnesota’s, exacerbating a late-pandemic spike in cases that killed 2,500 people,” USA TODAY reported. “The vaccination gap between Minnesota and Michigan was particularly high for older people.”

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