Econ 101: September 5, 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 housing market is finally improving in some of the states that were hit hardest by the housing crisis. [CNN Money]
  • Government backed mortgage giant Freddie Mac is offering relief to homeowners affected by Hurricane Isaac. [The Hill]
  • International creditors are pushing for Greece to implement a six-day work week. [CNBC]
  • A key manufacturing index has fallen to its lowest level since July 2009. [Financial Times]
  • Facebook executives are looking to reassure investors about their company’s tumbling stock price. [Wall Street Journal]
  • Barclays has ousted another executive and a trader as it continues to deal with the fallout of the LIBOR rate-rigging scandal. [Reuters]
  • By 2015, China’s market for automobiles will likely be larger than America’s, Germany’s, and Japan’s combined. [Bloomberg]