The Associated Press and Politico say a former congressman got $450,000 in improper payments from the Department of Energy while The Washington Guardian reports a senator’s spouse may have profited from a contract to sell struggling post offices.

President Obama gave the commencement address at Morehouse College over the weekend. Great speech, very inspiring. He told the young graduates their future is bright – unless, of course, they want jobs. – Jay Leno

The number of vacant jobs in the U.S. fell to 3.84 million in March from 3.9 million the month before.

It’s time for our weekly link round up where we dish on our favorite posts from around the Web. This week we’re covering government overspending, jobs, and everybody’s favorite fiscal policy—bailouts

The EPA is using the legal system to drive an increase in the number of regulations. More regulatory headlines inside.

We want your thoughts on the impact of the sequester. Vote now!

The economy gained 165,000 jobs in April and the unemployment rate was 7.5 percent. The number of Americans filing for unemployment benefits fell by 18,000 for the week that ended April 27. Get more top economic headlines inside this week’s Monday Market Rundown.

This week CNBC revealed the federal government lost $3.3 billion to fraud in its unemployment benefits program. Here is what the federal government could have used those funds for.

This Friday the U.S. Department of Labor will release its monthly employment report. The data released this week will be for the month of April. Before you get the news at 8:30 a.m. on Friday, we thought we’d give you a little tutorial about the report and things to look for in it. Here are the top five things to know about the monthly employment report.