Econ 101: April 26, 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.

  • The Federal Reserve reduced its 2012 unemployment forecast but will not expand its efforts to aid the economic recovery, Chairman Ben Bernanke announced. [Bloomberg]
  • The Senate passed legislation to provide financial relief to the United States Postal Service. [New York Times]
  • House Republicans have unveiled their plan to prevent a scheduled hike in student loan interest rates. [The Hill]
  • An inquiry into Wal-Mart’s alleged bribery has expanded to trade groups, including the U.S. Chamber of Commerce . [Washington Post]
  • Mexico’s government has also opened a probe into Wal-Mart. [CNBC]
  • 99 Percent protesters interrupted General Electric’s annual meeting in Detroit yesterday. [Reuters]
  • The Securities and Exchange Commission is facing questions from Congress after inadvertently leaking the name of a Wall Street whistleblower. [Wall Street Journal]
  • Big banks are targeting low-income customers with products that carry heavy fees. [New York Times]