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Econ 101: January 3, 2013

By Pat Garofalo and Travis Waldron on January 3, 2013 at 8:00 am

"Econ 101: January 3, 2013"


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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.

Photo from the Washington Post Express

  • President Obama late yesterday signed into law the bill to avert the so-called “fiscal cliff.” [Wall Street Journal]
  • The U.S. manufacturing sector grew slightly in December. [Financial Times]
  • Delinquencies on credit cards hit an 18-month low in the third quarter of 2012. [Reuters]
  • Construction spending in the U.S. fell in November for the first time since March. [Washington Post]
  • Goldman Sachs handed out millions of dollars worth of stock awards to top executives just hours before higher tax rates kicked in. [Wall Street Journal]
  • Regulators will reportedly resolve a nearly two-year long anti-trust investigation into Google today. [Bloomberg]
  • Analysts predict that Spain’s unemployment rate will hit 27 percent this year. [Bloomberg]

GOP Senate Leader Pushes Republicans To ‘Seize’ Debt Ceiling Hostage

Fiscal Cliff Deal Extends Measure Making It Easy For Wall Street To Avoid Taxes

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