Econ 101: January 25, 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.

  • Timothy Geithner’s tenure as Treasury Secretary ends today. [The Hill]
  • The UK economy shrunk again in the final quarter of 2012, as austerity pushed the nation towards a triple-dip recession. [Wall Street Journal]
  • 13 states are looking at new ways to raise money for infrastructure. [USA Today]
  • The Senate is planning to finish work on the last tranche of aid to the victims of Hurricane Sandy by the end of the month. [Bloomberg]
  • Hurricane Sandy didn’t just destroy property; it also blew up the Northeast’s tax base. [New York Times]
  • Banks closed 1,118 branches last year, the most since 2005. [CNN Money]
  • Apple Inc.’s audits over the last year found that multiple suppliers were using child labor. [Reuters]
  • Canada has more unionized workers than the U.S. and less income inequality. [Mother Jones]