Econ 101: July 25, 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.

  • The Senate will vote today on a bill to extend the Bush tax cuts for income up to $250,000; they likely don’t have the votes to advance it. [Associated Press]
  • Apple’s earnings fell short of expectations last quarter, which the company blamed on Europe’s economic woes. [Reuters]
  • Google took a major step towards resolving its anti-trust disagreement with the European Union. [Reuters]
  • Many bailed out banks are struggling to repay taxpayers. [MSNBC]
  • Gay marriage boosted New York City’s economy by $259 million in its first year. [CNN Money]
  • Bailed out insurance giant AIG could be a problem for taxpayers for years to come, according to an inspector general’s report. [Fortune]
  • Democrats caught a major typo in a Republican deregulation bill. [The Hill]