Econ 101: November 28, 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 U.S. Treasury once again declined to name China a currency manipulator in its semi-annual report to Congress. [Bloomberg]
  • U.S. home prices have increased for six consecutive months. [Financial Times]
  • The European Union has approved a financial rescue of four Spanish banks, as long as they lay off employees. [New York Times]
  • Greece’s opposition party continues to lead in opinion polls, largely due to Greek opposition to continued austerity. [Reuters]
  • Rep. Jeb Hensarling (R-TX) will likely become the new chairman of the House Financial Services Committee. [The Hill]
  • Failed Vice Presidential candidate Paul Ryan will likely return as chairman of the House Budget Committee, which would require a waiver from the House Republican caucus. [Washington Post]
  • California’s moribund economy is finally starting to rebound. [New York Times]