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.
- Several European leaders have warned that it will be difficult to pass a new European treaty aimed at curbing the continent’s fiscal woes through their national legislatures. [Financial Times]
- The Federal Reserve decided after a meeting yesterday to take no new actions to boost the economy. [Wall Street Journal]
- House Republicans yesterday passed their version of legislation extending the expiring payroll tax cut (including its poison pill policy riders), despite a veto threat by President Obama. [New York Times]
- Federal regulators “are battling what they say is a nationwide surge in investment fraud against baby boomers.” [Wall Street Journal]
- Low-income workers are facing the double blow of needing to work more hours while states cut back on child care subsidies. [New York Times]
- The National Association of Realtors said yesterday that it plans to revise downward its data regarding home sales, showing that “far fewer homes have been sold over the past five years than previously estimated.” [CNN Money]
- At a senate hearing yesterday, a witness claimed that MF Global CEO Jon Corzine knew that his company was making improper loans with customer funds, contradicting Corzine’s professed ignorance. [The Hill]
- China announced yesterday that it intends to put new duties on imported U.S. cars, “the latest in a series of trade spats between the world’s two largest economies.” [CNBC]
Previous in TP Economy
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.