Econ 101: July 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.

  • A judge has ordered mega-bank JP Morgan Chase to explain why it shouldn’t have to turn over internal emails as part of an investigation into whether it manipulated energy markets. [Reuters]
  • President Obama has given more than half of states waivers from certain requirements under the No Child Left Behind education law. [Bloomberg]
  • Central banks in China, the European Union, and the U.K. yesterday each took steps to boost middling growth. [Wall Street Journal]
  • Greece’s new government has dropped demands that the terms of its international bailout be eased. [Financial Times]
  • The Consumer Financial Protection Bureau is looking to overhaul the process of obtaining a mortgage. [New York Times]
  • Many small banks have yet to repay the funds they received during the 2008 bank bailout. [Los Angeles Times]
  • The Obama administration yesterday initiated a World Trade Organization complaint against China for imposing duties on U.S. cars. [Wall Street Journal]
  • Planned layoffs hit a 13 month low in June. [The Hill]