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.
- Standard & Poor’s downgraded Spain’s credit as the nation’s unemployment rate hit an two-decade high. [Reuters]
- Ahead of today’s report, experts say the American economy likely grew 2.5 percent in the first quarter of 2012. [Bloomberg]
- President Obama will sign an executive order aimed at preventing fraud in a program that helps military veterans go to college. [Politico]
- Grover Norquist’s Americans for Tax Reform increased its lobbying efforts in the first quarter of 2012. [The Hill]
- Chrysler reported $473 million in earnings, its best quarterly profit in 13 years. [Washington Post]
- A slowing Chinese economy is worrying some big American and European companies. [CNBC]
- Foreclosures have increased in more than half of America’s major cities, according to one tracker. [Housing Wire]
- Federal prosecutors are reportedly investigating a top Goldman Sachs banker as part of a larger insider trading probe. [New York Times]
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