Econ 101: September 27, 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 poorest Americans are forced to spend much more than they earn in order to survive. [Huffington Post]
  • The University of California will pay a $1 million settlement to students pepper-sprayed during an Occupy Wall Street protest on campus. [Wall Street Journal]
  • A new generation of mortgage scammers are trying to take advantage of the $25 billion foreclosure fraud settlement. [Washington Post]
  • The NFL reached an eight-year labor deal with its referees last night. [New York Times]
  • Spain’s prime minister will release a new budget today amidst ongoing anti-austerity protests. [Financial Times]
  • European Union regulators are preparing to charge Microsoft with failing to comply with an antitrust order. [Reuters]
  • China’s transition to a new group of leaders has blunted its ability to respond to its current economic downturn. [New York Times]