Youngkin to Go After Unemployment Fraud, Gets Thanks from Virginia Businesses

Woman organizing table contents in restaurant

Virginia Gov. Glenn Youngkin announced a deal aimed at cracking down on fraudulent unemployment claims, a move that garnered support from members of the business community.

The governor and Attorney General Jason Miyares signed an agreement with the Virginia Employment Commission, which allows the attorney general to represent the VEC in the prosecution of criminal unemployment compensation fraud cases.

“The VEC has asked that I take on this responsibility, and I enthusiastically agreed to the VEC’s request,” Miyares said in a statement. “Protecting the Commonwealth from crime is one of my top priorities as Attorney General. Fraudulent claims must be prosecuted and fraud on the unemployment fund diverts resources from those who need them most.”

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Governor DeSantis Calls for Greater Assistance for Florida Tornado Recovery

Florida Governor Ron DeSantis on Friday called on President Joe Biden and the Federal Emergency Management Agency (FEMA) to change their decision to deny the state’s Individual Assistance request.

The governor’s comments followed meetings with Florida Division of Emergency Management Director (FDEM) Kevin Guthrie and victims of tornadoes that impacted the state.

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Jobless Claims Increase to 373,000, Above Economists’ Predictions

The number of Americans filing new unemployment claims increased to 373,000 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 slight increase in the number of new jobless claims compared to the week ending June 26, when 371,000 new jobless claims were reported. That number was revised up from the 364,000 jobless claims initially reported last week.

Economists expected Thursday’s jobless claims number to come in around 350,000, The Wall Street Journal reported.

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Governor Lee Denies Nashville Mayor Cooper’s Request for $82.6 Million Additional Coronavirus Relief Funding

Governor Bill Lee responded in writing Thursday denying Nashville Mayor John Cooper’s request for an additional $82.6 million in coronavirus relief funding.

In addition to the letter, Lee addressed the issue during a press conference Thursday, saying “I have to believe the strategy that I’m investing in is one that is consistent and aligned with the state’s strategy and Nashville’s are not.”

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Analysis: President Trump Was Correct About the Rapid Economic Rebound Post-Shutdown as Another 630,000 Americans Come Off Unemployment Benefits

Another 630,000 Americans came off continuing unemployment claims the week ending June 27, according to the latest unadjusted data from the U.S. Department of Labor, proving President Donald Trump is right about the economy rapidly recovering from the COVID-19 pandemic state-based shutdowns.

Since the week ending May 9, unadjusted continuing unemployment claims have dropped from 22.8 million to 16.8 million the week ending June 27, a massive turnaround of 6 million Americans who temporarily found themselves on unemployment benefits but then rapidly came off of it on a net basis.

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Stocks Rally Worldwide on Hopes for Coming Economic Recovery

Stocks rose again Tuesday, part of a strong and worldwide rally for markets, after a big rebound in buying at U.S. stores and online raised hopes that the economy can escape its recession relatively quickly.

The S&P 500 climbed 1.9% for its third straight gain, bringing it back within 8% of its record set in February. Gains have built in recent weeks as reports bolster investor expectations that the worst of the downturn may have already passed.

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Wall Street’s Rally Zooms Higher After Surprise Gain in Jobs

Stocks are rushing higher in morning trading Friday after a much better-than-expected report on the U.S. job market gave Wall Street’s recent rally another shot of adrenaline.

The S&P 500 was up 2.2% after the government said that U.S. employers added 2.5 million workers to their payrolls last month. Economists were expecting them instead to slash another 8 million jobs amid the recession caused by the coronavirus and the shutdowns put in place to stem it.

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Mike Lindell’s Addiction Brought Him to the Brink of Nearly Losing Everything, Including His Life

The opening pages of Mike Lindell’s new book describe a dark and lonely man in the grip of addiction, long before he became the jovial millionaire CEO of one of America’s most visible companies.

“I felt a sudden sadness,” he writes, describing a moment of clarity that lead him down the path of sobriety. “This was where my addictions and bad decisions had led me. It was ridiculous, when you thought about it.”

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6 Reasons Why Less Is More for the Mature Fitness Athlete

As the owner of a fitness training and consulting company, and as a mature fitness athlete who has experienced numerous injuries (as well as surgeries), I’m painfully aware—pun intended—of many of the challenges faced by the seasoned fitness athlete. I’m also aware of how these challenges can bring out the best…

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