post from ThinkProgress
on 09 July 2012 09:00:10 AM. © ThinkProgress
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- President Obama today plans to call for another one-year extension of the Bush tax cuts, but only for those making less than $250,000. [New York Times]
- The European Union is formulating new regulations in response to the Barclays interest rate rigging scandal. [Financial Times]
- Bailed out insurance giant AIG is suing the U.S. government for $30 million. [The Hill]
- A House committee will mark up a bill this week that cuts billions of dollars out of the food stamp program. [The Hill]
- European finance ministers plan to give beleaguered Spain an extra year to hit its deficit targets. [CNBC]
- The same high-speed trading tools used by Wall Street traders are now being used by sellers on Amazon.com. [Financial Times]
- North Carolina’s attorney general is investigating Duke Energy, after the electric company let go of its CEO hours after a big merger. [Associated Press]
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