Econ 101: March 6, 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.

  • More homeowners are turning to short-sales in order to escape from underwater mortgages. [Wall Street Journal]
  • State and local financing for higher education dropped 7 percent last year. [New York Times]
  • European regulators have fined Microsoft $732 million for not giving consumers a choice of web browsers. [Wall Street Journal]
  • European stock markets are at their highest level since before the financial crisis. [Reuters]
  • Banks want to dismiss lawsuits alleging that they colluded to fix important global interest rates. [Bloomberg]
  • UK regulators didn’t understand warnings about rate-rigging they received in 2008. [Huffington Post]
  • Sequester cuts to the IRS won’t interrupt implementation of the taxes and fees in Obamacare. [The Hill]
  • The Obama administration wants to implement voting reforms at the International Monetary Fund. [Reuters]