| | | | The Gloves Come Off | Trump Gains an Ally as Rubio Declares War | New Jersey Gov. Chris Christie endorsed Donald Trump today and quickly jumped into attack mode. He tore into Florida Sen. Marco Rubio, who had the night before faced Trump in a Republican debate with a sudden blast of aggression that appeared to finally pierce the billionaire's armor of brazen self-confidence and snappy punchlines. "Desperate people in campaigns do desperate things. The fact of the matter is, no one is gonna get inside this guy's head," Christie said of Trump. | | | | | | | Whole states are crossed out on the map of active U.S. oil rigs, illustrating the decline of drilling and the effects of the crude price crash. After the plunge began in late 2014, producers started shutting down rigs at an unprecedented rate. | | | | | Some 16 months after the "flash rally" in U.S. Treasuries blindsided Wall Street traders, little about what went wrong has been resolved. JPMorgan Chase & Co. analysts are now advancing a new theory, one they contend is a key to how to trade effectively in today's volatile Treasuries market. The problems actually began in the cash market, they say. | | | | | If you saw the Oscar-nominated film The Big Short, you might recognize Richard Thaler, the University of Chicago professor who explains synthetic collateralized debt obligations in lay terms. He's attracting attention now for his stock-picking theories that drive the Undiscovered Managers Behavioral Value Fund. The small-cap mutual fund has almost doubled in size to $3.7 billion during the past 12 months as investor deposits surged. | | | | | Despite increasingly stringent fuel and emissions regulations worldwide and growing American sheepishness about gas mileage, the rule of luxury SUVs isn't over yet. Next week at the Geneva Motor Show, look for these expensive autos to dominate, with sport utility debuts from Maserati, Tesla, and Audi, among others, hitting Europe for the first time. | | | | | GovtOS. That's what Apple calls the newest product in its pipeline, courtesy of the Obama Administration. In a stark response to an attempt to force its assistance in a terrorism probe, Apple says the result would be a backdoor exploitable by criminals and spies. The company also warns the case could set a precedent that would make any American susceptible to becoming an unwilling aide to law enforcement. We pick out some of the highlights from Apple's 65-page federal court filing. | | | | | | Awaiting His Letter Like a Teen | Money and Sex: Warren Buffett, the Winking Sage of Omaha | On the eve of Warren Buffett's latest letter, due Saturday morning, we look back at some of his old jokes and creaky tropes from letters past. For example, in 2005, he wrote: "If you have a business that fits, give me a call. Like a hopeful teenage girl, I'll be waiting by the phone." | | | | | | | | | | |
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