Econ 101: October 4, 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.

  • Credit card delinquencies hit their lowest level in eleven years last quarter. [CNN Money]
  • Chicago public school teachers overwhelmingly voted to approve a new contract that was negotiated during their recent strike. [Associated Press]
  • World food prices rose last month, keeping them close to crisis levels. [Reuters]
  • Mortgage applications jumped 16.6 percent last week, while mortgage refinances hit their highest level since 2009. [The Hill]
  • Iran’s currency has fallen by 40 percent, leading to protests in the streets of Tehran. [CNBC]
  • Women hold the position of chief financial officer at just 8 percent of big companies. [Wall Street Journal]
  • The Nasdaq experienced yet another high-profile trading glitch yesterday. [Financial Times]