ThinkProgress Logo

Economy

Econ 101: October 13, 2011

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.

  • A majority of Americans either view the Occupy Wall Street protests favorably or do not have an opinion about them, according to a new Reuters/Ipsos poll. [Reuters]
  • Slovakia’s “fallen ruling coalition” has scheduled a new vote on approving the Eurozone bailout, after agreeing to a snap election with the opposition. [Reuters]
  • “Foreclosures continued to plague the U.S. housing market last quarter, while a a growing backlog has caused the length of the foreclosure process to drag on and on,” according to the latest data from RealtyTrac Inc. [CNN Money]
  • Some Republicans on Capitol Hill are hesitant to attempt repealing the Dodd-Frank financial reform law, believing such a move “would play into the hands of President Obama, congressional Democrats and the ‘Occupy Wall Street’ movement.” [The Hill]
  • Federal Reserve officials “weighed several options for boosting the economy when they met in September and could revisit those measures — including more bond purchases — if the recovery continues to flounder.” [Wall Street Journal]
  • Prosecutors are asking for a nearly 20 year sentence for Raj Rajaratnam, who was convicted on insider trading charges in May. [Washington Post]
  • “Birth rates in the United States declined sharply during the recession,” according to a new report by the Pew Research Center. [New York Times]
  • The IRS has launched an audit into “how Google Inc. avoided federal income taxes by shifting profit into offshore subsidiaries.” [BusinessWeek]

By clicking and submitting a comment I acknowledge the ThinkProgress Privacy Policy and agree to the ThinkProgress Terms of Use. I understand that my comments are also being governed by Facebook, Yahoo, AOL, or Hotmail’s Terms of Use and Privacy Policies as applicable, which can be found here.

ThinkProgress Signup Overlay Skip and Continue to ThinkProgress Skip and Continue to ThinkProgress

Sign Up