Bloomberg Intel Corp, the biggest maker of semiconductors, predicted first-quarter sales that will meet analysts’ estimates on improvements in the personal computer market and continued growth in orders from data center owners. Revenue will be $14.8 billion, plus or minus $500 million, the Santa Clara, California-based company said Thursday in a statement. Analysts had projected $14.5 billion, the average …

  “For too long, a small group in our nation’s capital has reaped the rewards of government while the people have borne the cost. Washington flourished, but the people did not share in its wealth.” — President Donald Trump, January 20. Washington is not a swamp. Since at least the days of Jimmy Carter, presidential politicians have run against Washington, …

  Russia was one of the best trades of 2016 by a country mile. A strengthening ruble supercharged foreign interest in domestic Russian government bonds, pushing yields down to around 8 percent from 12 percent in mid-2015. Contrary to appearances, there’s still some room to run. There’s a realistic chance that inflation will cool to the Russian central bank’s 4 …