Welcome to ThinkProgress Economy’s morning link roundup. This is what we’re reading. Have you seen any interesting news? Let us know in the comments section. You can also follow ThinkProgress Economy on Twitter.
- Senate Majority Leader Harry Reid (D-NV) “has made it clear that he will not schedule a vote on President Obama’s jobs package until after the upper chamber moves a China currency bill that the administration does not support.” [The Hill]
- “President Barack Obama’s deficit reduction plan would be positive for the United States’s credit ratings but chances of its implementation are ‘extremely low,’” Moody’s Investors Service said this week. [Reuters]
- New regulations meant to rein in speculative commodity trading “face further delays, as regulators struggle to finalize the controversial proposal.” [New York Times]
- Federal Reserve officials “are hitting the public-speaking circuit this week to defend their latest attempt to boost the economy, describing the action as prudent and necessary.” [Wall Street Journal]
- Postal worker unions organized 492 rallies across the nation yesterday “intended to convince lawmakers to save the U.S. Postal Service, without layoffs and cutbacks.” [CNN Money]
- This week, “factory workers at General Motors are likely to approve a new four-year contract with the company.” [CNN Money]
- Greece’s government “is accelerating its debt strategy to meet the terms of an International Monetary Fund and European Union rescue deal so it can receive a new loan next month.” [Reuters]
- As many as 16 people have died from illnesses traced to Colorado cantaloupes, in “the deadliest food outbreak in more than a decade.” [Associated Press]
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