Econ 101: September 17, 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.

  • This week will be Congress’ last work period before the November election. [The Hill]
  • The Obama administration plans to file a World Trade Organization complaint against China today, alleging illegal subsidizing of auto parts. [Wall Street Journal]
  • The iPhone 5 has set a new sales record for Apple. [Fortune]
  • The Federal Reserve’s new round of quantitative easing could be blunted by mortgage processing delays at the nation’s biggest banks. [Financial Times]
  • The Chicago teacher’s strike is expected to continue through at least Tuesday. [Reuters]
  • The U.S. and the UK have signed an agreement to help crack down on tax cheats. [The Hill]
  • General Motors is pushing for the Treasury Department to sell off the rest of its stake in the auto company. [Wall Street Journal]
  • U.S. regulators are investigating JP Morgan Chase’s anti-money laundering protections. [Reuters]