Econ 101: August 17, 2012

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 Obama administration plans to make nearly half a billion dollars in unspent highway funds available to states that promise to use the money to create jobs. [Associated Press]
  • In a new poll, business executives around the globe say President Obama will be better for the world economy that his challenger Mitt Romney. [Reuters]
  • Two top Federal Reserve officials publicly came out against further central bank action to boost the economy. [Reuters]
  • Facebook’s stock price fell to below 50 percent of its debut price. [Wall Street Journal]
  • Regulators finally approved the construction of a large wind farm off the coast of Massachusetts this week. [The Hill]
  • Finland reconfirmed its dedication to the Euro yesterday, after a foreign minister said in an interview that European leaders must prepare for a breakup of the currency union. [CNBC]
  • Treasury is planning to rework its financial backing of government mortgage giants Fannie Mae and Freddie Mac. [Wall Street Journal]