Econ 101: January 6, 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.

  • Investors have still not dismissed the possibility of a Eurozone breakup. [CNN Money]
  • A major pension fund has blacklisted Walmart, “citing poor labor practices and the company’s anti-union stance.” [Huffington Post]
  • Credit card interest rates are starting 2012 at record highs. [Los Angeles Times]
  • The IRS last year audited one in eight millionaires. [CNN Money]
  • Gov. Jerry Brown (D-CA) laid out a budget yesterday that aims to tackle the Golden State’s $9 billion deficit. [Reuters]
  • Indiana Democats yesterday “delayed for a second day an anti-union bill that would make Indiana the first right-to-work state in the U.S. industrial belt.” [Reuters]
  • A new study finds that teachers who raise students’ test scores “seem to have a wide-ranging, lasting positive effect on those students’ lives beyond academics.” [New York Times]
  • As part of a possible foreclosure fraud settlement, investors in U.S. mortgage bonds may have to swallow losses. [Financial Times]