Econ 101: February 22, 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.

  • President Obama renewed talks with Republican leaders over looming budget cuts. [Reuters]
  • Economists predict the Eurozone economy will shrink again in 2013. [Wall Street Journal]
  • Business and labor groups have reached an agreement over immigration reform. [Associated Press]
  • Citigroup will begin tying executive pay and bonuses to performance and profitability. [Reuters]
  • The number of American homes behind on mortgage payments is at its lowest level in four years, according to one survey. [Wall Street Journal]
  • Schools are preparing for cuts in federal funding because of sequestration. [Washington Post]
  • In a sign that the industry is bouncing back, American auto manufacturers are all hiring. [New York Times]
  • Consumers are cutting back after the end of the payroll tax cut, a survey suggests. [CNN Money]