Econ 101: March 20, 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.

  • Cyprus rejected a proposed bank tax, throwing bailout efforts into further chaos. [Reuters]
  • Housing giant Freddie Mac will sue more than a dozen banks over losses incurred due to manipulation of interest rates. [Reuters]
  • The Senate Banking Committee approved nominees to run the Securities and Exchange Commission and Consumer Financial Protection Bureau. [Politico]
  • Workers are beginning to lose jobs because of sequestration. [Huffington Post]
  • After a decade at war, many American troops are struggling to find jobs. [Washington Post]
  • State cuts to unemployment insurance are making life harder for jobless workers. [Wall Street Journal]
  • Amid austerity efforts, British unemployment rose for the first time in a year. [BBC]