Econ 101: May 29, 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 is preparing to handle the fallout from Europe’s continuing economic problems [Wall Street Journal]
  • The housing market this spring is on pace to be the strongest since the housing bubble burst. [Reuters]
  • Spain’s prime minister says his country will not need international help to hold its banking system together. [Financial Times]
  • Terence Flynn, a Republican member of the National Labor Relations Board, resigned amidst allegations that he leaked information to a person with ties to the Romney campaign. [Politico]
  • In a sign that the U.S. labor market is improving, more workers are going on vacation. [Bloomberg]
  • Lobbyists are gearing up for the farm bill, which is scheduled to come to the Senate floor in June. [The Hill]