Economy

Econ 101: October 1, 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.

  • A payroll tax cut implemented last year is likely to expire on schedule in January. [New York Times]
  • Eurozone unemployment has reached yet another record, hitting 11.4 percent in August. [Bloomberg]
  • A federal court has slowed down efforts to implement a key part of the Dodd-Frank financial reform law. [The Hill]
  • The World Trade Organization estimates that global trade will slow this year. [Wall Street Journal]
  • Occupy Wall Street protesters are planning to demonstrate on K Street in Washington, D.C. today. [Washington Post]
  • The number of business school graduates heading to Wall Street is dropping. [Financial Times]
  • General Motors is recalling 40,000 cars over concerns that they’ll leak fuel. [CNN Money]
  • The new Greek budget is based on the assumption that the country will experience a sixth year of recession. [Reuters]