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Econ 101: January 20, 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.

  • After facing bankruptcy in 2009, U.S company General Motors has bounced back to become the top-selling automaker in 2011. [Reuters]
  • Jobless claims hit their lowest level in nearly four years. [Wall Street Journal]
  • In another sign of economic improvement, U.S. treasuries are headed for their biggest weekly decline as a U.S. report shows housing sales increased in December. [Bloomberg]
  • As an example for Mitt Romney, GOP candidate Newt Gingrich released his tax returns last night, confirming he pays a 31 percent tax rate. [New York Times]
  • A new report finds that the drop in home value — and thus loss of wealth — will play as big of a role as the unemployment rate in the 2012 election. [PPI]
  • Greece will meet with its private creditors for a third time today in hopes of reaching a deal that will assuage the European debt crisis. [Washington Post]
  • For the first time, every company on Fortune’s 100 Best Companies To Work For list has a non-discrimination policy that includes sexual orientation. [CNN]
  • News Corp. CEO Rupert Murdoch tweeted his disapproval of the carried interest tax loophole and urged President Obama to close it. [Politico]

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