Trump set tone for year of ‘hate-filled rhetoric,’ report says | Why arming teachers is unlikely Getty Images President Donald Trump’s effort to restrict travel to the U.S. was ‘transparently hateful,’ says Amnesty International. The Trump administration’s decision to ban travel from six Muslim-majority countries set the tone for a year of “hate-filled rhetoric” that fanned the flames of bigotry and persecution, Amnesty International said in its annual audit of human rights around the world.
As CNN reports, the campaign group said President Donald Trump’s effort to restrict travel to the U.S. was “transparently hateful,” and listed him alongside authoritarian leaders like Russian President Vladimir Putin and Philippine President Rodrigo Duterte as global threats to human rights. The report also criticized the willingness of world leaders to cry “fake news”—a phrase popularized by Trump—in their attacks on the media.
Arming teachers unlikely: With Trump floating the idea of armed te..Read More →

Mortgage rates touch 4-year high as benchmark bonds take a hit Rates for home loans have reached a nearly a four-year high as investors abandoned bonds in the face of stronger signs of inflation and central bank tightening, sending yields on debt higher.
The benchmark 30-year fixed-rate mortgage averaged 4.40% during the week ending Feb. 22, according to Freddie Mac’s weekly survey, out Thursday. That was up two basis points from the prior week and leaves rates nearly half-a-percentage point higher than the level at which they started the year. The 15-year fixed-rate mortgage averaged 3.85%, up from 3.84%. The 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 3.65%, up two basis points.
Those rates don’t include fees associated with obtaining mortgage debt.
Mortgage rates track the benchmark 10-year U.S. Treasury note TMUBMUSD10Y, -1.34% which has been clobbered lately as investors fret about signs of rising inflation and a quickened pace of rate increases by the Fed..Read More →

Citi co-head of mergers departs Peter Tague, Citigroup Inc.’s co-head of mergers and one of the most senior deal makers on Wall Street, is leaving the firm, according to people familiar with the matter.
Since taking on the role in 2012, Mr. Tague has helped push Citi C, -0.18% higher in the adviser rankings, from seventh in 2013 to fourth last year, according to Dealogic. The division’s 2017 revenue of $311 million was its second-highest ever.
The business will continue to be run by Mr. Tague’s co-heads, Mark Shafir and Cary Kochman.
It wasn’t immediately clear what the 51-year-old executive’s next steps are. Many top investment bankers have joined boutique firms or gone to run internal deal teams for companies. Other bankers have received executive roles at companies or joined private-equity or venture-capital firms.
An expanded version of this report appears at
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Opinion: Qualcomm taps Amazon to lead ‘always- connected’ PC push Qualcomm is preparing for a final push in what is says is a revolutionary product category for the PC market.
The San Diego-based chipmaker is set to launch its “Windows 10 on Snapdragon” line. Partners including Amazon AMZN, +0.75% Microsoft MSFT, +1.15% Verizon VZ, +0.76% and AT&T T, +1.35% will provide the cellular LTE connections to maintain an “always-connected” state for PCs, and the retail and online locations to purchase them.
By combining Windows 10 and the company’s Snapdragon mobile platform with efficiency and connectivity advantages other PC chip vendors can’t match, Qualcomm is hoping that its creation of this new sub-category of PC will pay dividends. The PCs will be continuously connected, as smartphones are.
Also by Ryan Shrout: AMD goes after $15 billion ‘embedded’ market with two new chips
Compared with Intel INTC, +0.67% processors that target similar form factors of notebook PCs including 2-in-..Read More →

Trump Today: President says NRA leaders ‘love our country’ and will do ‘right thing’ This column provides a daily update on key presidential actions as well as comments, whether spoken aloud or on Twitter, by President Trump. Like the stock market, the deadline for Trump Today action is 4 p.m. Eastern time, even as we acknowledge that substantive news can and does occur after hours.
President Donald Trump said Thursday that leaders of the National Rifle Association were “great people” who would “do the right thing,” as he prepared to meet lawmakers to discuss school safety in the wake of the deadly shooting at a Florida high school last week.
Trump said on Twitter that the leaders of the NRA “are Great People and Great American Patriots. They love our Country and will do the right thing.” Trump was referring to the gun-rights group’s executive vice president, Wayne LaPierre, and its principal political strategist, Chris Cox, in his tweet.
The tweet one wa..Read More →

Why 3.5 million Americans in their prime years aren’t working — and no, it’s not video games Luke Sharett/Bloomberg Millions of Americans who would have been working 20 years ago no longer do so because of vast changes in the U.S. and global economies. The sizzling U.S. labor market has knocked the unemployment rate down to a 17-year low, but millions of Americans in their prime who would have been working back then do not have jobs now.
How come? China, robots, disability benefits, minimum wages and jail-time are the biggest culprits, according to a pair of researchers at the University of Maryland.
The percentage of the U.S. population with jobs sank from a record 64.7% in 2000 to a 28-year low of 58.2% by 2011 before beginning a gradual recovery. The brunt of the decline occurred during the 2007-2009 recession, but the problem had been long in the making.
“These worrisome developments were exacerbated by the Great Recession, but their roots preceded its onset,” wrote economists ..Read More →

Smart investors do these 5 things before retiring Are you confident in your own retirement planning? Probably not, according to new data from the Employee Benefit Research Institute.
Just 18% of Americans — less than one in five — say they are “very confident” in their ability to finance a comfortable retirement. Another 49% report that they are “somewhat confident.”
What makes the difference between being very confident and just somewhat confident? Plainly put, money. But retirement is more than that.
Every amateur accountant knows the ledger has two columns, income and expenses. The whole trick to being confident about retirement is matching up those numbers.
If you have tons of money squirreled away in your 401(k), it’s easy to skip the accounting task. Why bother if you know you’ll have more than enough to live on?
I suspect that’s where we get the big gap between being very confident and only somewhat confident. If you take the time to truly understand your finances — includi..Read More →