Econ 101: May 10, 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 Florida Supreme Court will hear oral arguments today in a case that could undo hundreds of thousands of foreclosures. [Reuters]
  • The U.S. Postal Service has shelved its plan to shutter 3,700 rural offices. [Wall Street Journal]
  • How the Greek fiscal rescue plan fell apart. [Wall Street Journal]
  • Spain yesterday took a 45 percent stake in Bankia, the country’s third largest bank. [Financial Times]
  • The House yesterday finally reauthorized the Export-Import Bank by a vote of 330–93. [Politico]
  • The Consumer Financial Protection Bureau is investigating the for-profit university Corinthian Colleges. [Inside Higher Ed]
  • A new Pew study finds that Americans who live in the northeast have the most economic mobility. [NPR]