Econ 101: November 29, 2012

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"Econ 101: November 29, 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 largest ever drive to unionize fast food workers will begin in New York City today. [New York Times]
  • Regulators believe that drafting of the Volcker Rule — meant to reduce risky bank trading — will be pushed into 2013. [CNBC]
  • New York state is seeking $42 billion in federal aid to deal with the damage from Hurricane Sandy. [Reuters]
  • A workers’ strike shut down most of the terminals at Los Angeles’ port yesterday. [Reuters]
  • The Commodity Futures Trading Commission officially finalized important new parts of the Dodd-Frank financial reform law. [Bloomberg]
  • The New York Federal Reserve Bank estimated that student loan debt increased to $956 billion. [The Hill]
  • Ditching the $1 bill for a $1 coin would save the government $4.4 billion. [CNN Money]
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