World Economy

• China will loosen the one-child policy as the nation seeks to avoid draining its labor pool of future workers The Wall Street Journal
• Some of China’s largest property moguls are growing uneasy as the country is experiencing housing bubbles throughout certain regions as property prices surge The Economist
• The average inflation rate in mostly developed-world OECD is 1.5%, which is down from 2.2% in 2012 as central banks around the world are aiming for a 2% target The Economist

US Economy 

• Initial jobless claims decreased 2,000 to 339,000, which was higher than economists’ expectations. Fiscal battles gripping Washington and across-the-board budgets cuts are prompting companies to cut staff Bloomberg News
• U.S. industrial production unexpectedly fell in October by 0.1%, despite a third straight month of gains in manufacturing Reuters
• Capacity utilization, a metric of slack in industrial firms decreased 0.2% to 78.1%, relative to 78.3% in October The Wall Street Journal

Miscellaneous

• How does a company with no revenue reject a $3 billion cash offer by Facebook? Forbes
• “Where Credit is Due” An info graphic on the history of Loans, Bonds, Securitization and Derivatives The New York Times