Keith Berman defrauded medical device investors and lied to the FDA. The CEO of a fraudulent California biotechnology company was sentenced to seven years of prison on Friday…
Read MorePandemic Recovery
Legislation Would Require Data Analysis of Federal Remote Work
The bill is intended to reveal the statistical pros and cons of teleworking. Senators Gary Peters of Michigan and Joni Ernst of Iowa have proposed legislation that would…
Read More
NHTSA Reports Traffic Fatalities Down 3.6% in 2023
The numbers are still higher than before the pandemic. The National Highway Traffic Safety Administration (NHTSA) released preliminary reports on deaths by traffic crashes in the U.S., reporting…
Read More
Labor Department Reports February Employment Numbers
The unemployment rate has returned to pre-pandemic levels. The Labor Department released the February edition of the Job Openings and Labor Turnover Survey, showing there were 1.36 job…
Read More
National Economic Advisor Addresses Annual NABE Conference
She stated that today’s strong recovery lays the foundation for the future. National Economic Council Director Lael Brainard spoke at the 40th Annual National Association for Business Economics…
Read More
Treasury Secretary Testifies Before Senate Banking Committee
She does not believe that commercial real estate vacancies pose a risk to the nation’s financial system. U.S. Treasury Secretary Janet Yellen testified before the Senate Banking Committee…
Read More
Treasury Secretary Says Prices Are Not Coming Back Down
She says that the economy continues to defy recession. During a speech in Boston in early January, Treasury Secretary Janet Yellen said inflation was cooling and that, in…
Read More
Former NIAID Director Testifies Before Congressional Committee
The key public health official “did not recall” details about COVID-19. The House Select Subcommittee on the Coronavirus Pandemic heard testimony from former Director of the National Institute…
Read More
Labor Department Announces Modernization Effort for UI Programs
The agency is following up on recommendations from GAO. The Department of Labor announced the OpenUI Initiative to help state agencies improve the reliability of unemployment insurance (UI)…
Read More
Report Shows 40% of Student Loan Borrowers Not Making Payments
Education Department states that 9 million federal student loan borrowers missed their October payment. Federal student loan payments, that were suspended during the COVID-19 pandemic, resumed as of…
Read More