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.
- “Some 650,000 workers aged 16 to 24 found employment in the past three months,” which is the biggest spike for that age group since the recession began. [CNN Money]
- European Central Bank head Mario Draghi “hinted the bank was ready to play a bigger role in the resolution of Europe’s debt crisis.” [Associated Press]
- Boeing and the Machinists’ Union have struck a deal to settle a high-profile case charging that the aerospace giant moved production facilities to retaliate against its workers. [Associated Press]
- House Majority Leader Eric Cantor (R-VA) is floating a deal under which the expiring payroll tax cut and jobless benefits would be extended, while some of the automatic defense spending cuts scheduled for 2013 would be voided. [Politico]
- Federal investigators are pursuing insider new trading charges against individuals at three prominent investment firms. [Wall Street Journal]
- The National Labor Relations Board yesterday “tentatively approved proposals that would speed up unionization elections.” [New York Times]
- The price of heating the average home with oil “is expected to jump 10% this year to an average of $2,535 over the winter heating season.” [CNN Money]
- China’s factory sector shrank last month for the first time in nearly three years. [CNBC]
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