Few convictions for 2008 financial crisis
Since the financial crisis began in 2008, the U.S. has secured just two convictions against senior bankers. In contrast, more than 800 bankers were jailed as a result of the savings-and-loan crisis in the 1980s.
The Economist
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Outstanding presidential campaign debt
At least 14 former presidential candidates still have more than $100,000 in outstanding campaign debt. The most delinquent candidate is Republican Newt Gingrich, who owes $4.6 million from the last election, followed by perennial also-ran Lyndon LaRouche. President Obama still owes $3.1 million.
USA Today
Coal production falls
Coal production in the U.S. fell by 7 percent last year. About 980 million tons of coal is expected to be mined in 2013, down from 1.1 billion tons in 2011. Power generation from coal, on the other hand, has risen 8 percent so far this year, due largely to a recent rise in natural gas prices.
The Wall Street Journal
Big business for breweries
America has more breweries than at any time since the 1880s. The number of brewery permits spiked 19 percent last year to 2,751, with the biggest increases in California and Texas. All but seven states gained breweries, while just four—including New Jersey—lost one or more.
Bloomberg.com
Steep tuition, steep discounts
Tuition at private U.S. colleges is soaring, but more schools are offering discounts to keep classrooms full. In 2012, the discount rate for freshmen hit a record high of 45 percent, meaning the average student pays just 55 percent of the advertised price.
The Wall Street Journal
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