"Econ 101: April 10, 2012"
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.
- Facebook will buy the mobile photo app Instagram for $1 billion. [San Jose Mercury News]
- Legislators in several states are pushing to raise their respective minimum wages. [New York Times]
- Federal Reserve Chairman Ben Bernanke yesterday called for more regulation of the so-called “shadow banking” sector. [Bloomberg]
- President Obama will make the case for the Buffett Rule — a minimum tax on millionaires — during a speech in Florida today. [Financial Times]
- The Consumer Financial Protection Bureau is considering new rules aimed at regulating mortgage servicers. [CNN Money]
- The Consumer Federation of America is accusing Apple and e-book publishers of colluding to fix prices. [The Hill]
- Most states aren’t spending enough on pre-school education to meet quality benchmarks. [Huffington Post]
- One bank, despite being in good fiscal shape, is holding tight to its bailout funds. [Dealbook]