Econ 101: August 9, 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.

  • Foreclosure filings fell 10 percent last month from their level a year ago. [Bloomberg]
  • Big banks are making unusually high profits on mortgages. [New York Times]
  • The U.N.’s Food and Agriculture Organization is concerned about the potential for a global food crisis due to the recent surge in food prices. [Reuters]
  • Half of baby boomers expect they’ll never retire, according to a poll released yesterday. [Huffington Post]
  • The UK bank Standard Chartered is examining whether to sue regulators who accused it of breaking sanctions with Iran. [Financial Times]
  • A few elections could have a big effect on education policy in several states. [Education Week]