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Econ 101: August 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.

  • NASA claims that the Curiosity, a rover that just landed on Mars, has supported about 7,000 jobs. [CNN Money]
  • Major banks have begun blaming each other for causing the LIBOR rate rigging scandal. [New York Times]
  • The Italian government claims that it sill does not need to tap a European Union rescue fund. [CNBC]
  • The European Central Bank reportedly stepped in late last week to save Greece from bankruptcy. [Reuters]
  • About 170 schools in the U.S. have increased their academic calendar to 190 days or longer. [New York Times]
  • House Republicans say they won’t move on legislation to fix the Postal Service’s finances until after the November election. [The Hill]
  • The Treasury Department is preparing to sell about $5 billion of stock in the bailed out insurance giant AIG. [The Hill]


Read The Full Article:
http://thinkprogress.org/economy/2012/08/06/642211/econ-080612/


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