Economy

Econ 101: March 14, 2013

CREDIT:

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 number of people with jobs in the Eurozone hit a seven-year low at the end of 2012. [Wall Street Journal]
  • The House Budget Committee approved the Ryan budget plan on a party-line vote. [The Hill]
  • Americans’ spending at retailers increased in February, another sign that the economy is growing stronger. [Associated Press]
  • Two solar companies Paul Ryan criticizes as “ill-fated ventures” in his budget are, in fact, healthy. [Washington Post]
  • The Federal Reserve will announce the second round of results of its stress tests on large banks today. [CNBC]
  • Federal workers are likely to have their pay frozen for another three years. [Washington Post]
  • The head of the unit that oversaw JP Morgan’s failed “London Whale” trade is scheduled to testify at a Senate hearing Friday. [Wall Street Journal]