Econ 101: February 14, 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.

  • Foreclosure filings last month fell to their lowest level since April 2007. [CNN Money]
  • The Obama administration has released some details of its plan for universal preschool. [New York Times]
  • American Airlines and U.S. Airways have approved a merger that will create the world’s biggest airline. [Wall Street Journal]
  • Anheuser-Bush InBev is attempting to revise its proposed purchase of Grupo Modelo in an attempt to mollify U.S. regulators. [Associated Press]
  • The U.S. and European Union want to start negotiating a new free trade pact by June. [Reuters]
  • The White House announced its opposition to a bill extending the current federal pay freeze for another year, but wouldn’t issue a veto threat. [The Hill]
  • The IRS paid a record $125 million last year to whistleblowers who provided evidence of tax cheating. [Reuters]
  • An audit found that the Department of Housing and Urban Development is struggling to oversee its housing construction program. [Washington Post]