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Econ 101: August 29, 2012

By Pat Garofalo and Travis Waldron  

"Econ 101: August 29, 2012"

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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.

  • Occupy Wall Street protesters plan to mark the movement’s first anniversary with a with a protest at the New York Stock Exchange. [Bloomberg]
  • More U.S. corporations are reincorporating abroad in order to avoid taxes. [Wall Street Journal]
  • Central bankers from around the world will meet in Jackson Hole, Wyoming, this week, but won’t be joined by European Central Bank chief Mario Draghi. [Financial Times]
  • Banks are pushing for wider exemptions to the Volcker Rule, which is meant to prevent risky trading with federally backed dollars. [Reuters]
  • The latest S&P/Case-Shiller index showed that home prices rose on an annual basis for the first time in two years. [Washington Post]
  • Consumer confidence numbers took an unexpected dip last month. [The Hill]
  • Despite the drought gripping the U.S., American farmers are on pace for their most profitable year ever. [Financial Times]

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