Timothy Egan’s must-read op-ed in today’s @NYTimes.

Texas Teen Kills Four, Escapes Prison Sentence Because He Suffers From Affluenza

Tags: money texas

The Securities and Exchange Commission unceremoniously dropped a proposal to require corporations to disclose contributions to political and nonprofit groups to their shareholders from its list of regulatory priorities for 2014.

Tags: money

The federal government shutdown is expected to cost the U.S. economy between $2 billion and $6 billion in economic output.

And…7 of the 12 richest people in the world have names ending in Koch, Walton or Adelson.

Tags: money

 A $13 billion penalty would be more than half what JPMorgan earned in profits last year.

The penalty, if approved, would surpass other major Wall Street settlements and represent the largest fine that a single company has ever paid in settling with the Justice Department. HSBC, for example, agreed to a $1.9 billion penalty last year over money laundering accusations. BP paid $4.5 billion for its role in the huge oil spill in the Gulf of Mexico.

Tags: money greed

The shutdown and the brinkmanship over the debt limit will cost the economy $20 billion in gross domestic product in the fourth quarter. This means GDP growth will be a half a percentage point less than it would have been otherwise. (Mark Zandi, Moody’s

The shutdown and the brinkmanship over the debt limit will cost the economy $20 billion in gross domestic product in the fourth quarter. This means GDP growth will be a half a percentage point less than it would have been otherwise. (Mark Zandi, Moody’s

Tags: politics money

Our 400 wealthiest people are worth more than the entire bottom half of the country combined.