Econ 101: August 21, 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.

  • Apple became the most valuable publicly-traded company in history Monday. [New York Times]
  • Original Facebook investor Peter Thiel sold 20 million of his shares in the company, which is now worth roughly half its original price, last week. [Wall Street Journal]
  • Germany’s central bank warned that Europe’s financial crisis could threaten the country’s economic health. [Washington Post]
  • Middle class Americans give a larger share of their income to charity than the wealthy, according to a new study. [CNBC]
  • JP Morgan Chase’s political action committee made 10 recent donations to Congressional leadership PACs, ending its brief hiatus from giving. [Politico]
  • The Republican National Committee rejected an attempt to add an amendment calling for preservation of the mortgage interest tax credit to the party’s official platform. [Wall Street Journal]
  • California is facing a major farm labor shortage. [CNBC]