Econ 101: January 22, 2013

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. high school graduation rate hit a 35-year high in 2010, according to the latest data, but still trails that of several other nations. [Wall Street Journal]
  • Japan’s central bank is doubling its inflation target in a new bid to end its economic stagnation. [Washington Post]
  • More than 230 million people worldwide are jobless or have given up looking for work, according to the International Labor Organization. [New York Times]
  • Senate Democrats plan to propose a budget that would raise taxes on the wealthy, oil and gas companies, and corporate foreign operations. [Washington Post]
  • A group of 11 European nations is ready to introduce a financial transactions tax. [Associated Press]
  • House Republicans plan to vote on a measure to raise the debt ceiling on Wednesday. [The Hill]
  • A slew of federal education laws are either up for renewal or will expire soon. [Education Week]