Econ 101: December 17, 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.

  • Speaker of the House John Boehner has offered to raise the debt limit for one year as part of a deal to avert the so-called “fiscal cliff.” [CNN]
  • The Federal Trade Commission is reportedly close to ending an anti-trust investigation into Google. [Wall Street Journal]
  • Swiss bank UBS is set to pay as much as $1.6 billion to settle claims that it manipulated a key interest rate. [Bloomberg]
  • Major U.S. banks are making a push to limit new international regulations. [Financial Times]
  • Spain’s major unions and social groups are planning mass protests against austerity measures. [Associated Press]
  • The Senate is scheduled to begin debate today on a relief package for the states hit by Hurricane Sandy. [The Hill]
  • The National Assessment of Educational Progress, which administers national tests for elementary school students, is looking for a new way to assess student poverty. [Education Week]
  • Billionaire investor Warren Buffett has had it with CNBC. [Huffington Post]