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Gross also recommended investors should consider Build America Bonds, which are taxable municipal bonds that carry special tax credits and federal subsidies for either the bond issuer or the bondholder. "There are a lot of closed-end funds that are selling 10-15 percent discounts to net asset values. That means you are buying something at 80-95 cents on the dollar," Gross said. "Some of these closed-end funds deal in, yes, relatively high-quality municipal bonds." Last year, the Janus Global Unconstrained Bond Fund outperformed a comparable fund at Gross's former employer, Pimco.

An ignorant moment among six high school seniors - who spelled out a racial slur with lettered T-shirts they were wearing for a school photo and posted it to social media on Friday - has ignited national outrage that shows no sign of stopping.Civil rights activists are even planning to hold a protest on Monday at the school, Desert Vista High School in Phoenix. That's where the six white girls, part of a larger group of students who wore lettered T-shirts and stood together to spell out "Best You've Ever Seen Class of 2016" for a yearbook photo, rearranged themselves...

Critics are blasting a Massachusetts city’s new law that they claim requires residents applying for a license to carry handguns to write “an essay” and pay upwards of $1,100 for training.

Eleven months ago, police say a homeowner awoke to a strange noise, grabbed his gun and went to his kitchen, where he found a man crouching, clutching a knife. The homeowner opened fire, killing the suspected burglar. Detectives said the homeowner’s actions were justifiable and didn’t arrest him. Throughout 2015, similar scenarios played out over and over again across the city as civilians shot would-be burglars. Six of the eight justifiable homicides occurred during attempted burglaries or robberies - more than in the previous four years combined.

ISIS thugs could soon be using 3D-printed machine guns that cost £100. Ruthless Cody Wilson could put the lives of hundreds of innocent Brits at risk by handing terrorists the ability to build 3D weapons . And the firearms fanatic was tonight branded irresponsible for boasting his world-first printable plastic weapon may be available within weeks - as fears grew that IS thugs may launch a Paris-style massacre on UK soil with them.

Full Title: "The Supreme Court will not allow North Dakota to enforce a law banning abortions when a fetal heartbeat is detected as early as 6 weeks into a pregnancy" The U.S. Supreme Court refused on Monday to review lower court rulings overturning North Dakota's ban on abortion at six weeks of pregnancy -- before many women know they're pregnant. -snip- North Dakota's Republican-dominated legislature approved the law in 2013, though it was quickly put on hold after the state's lone abortion clinic, the Red River Clinic in Fargo, filed a lawsuit that July. Republican Gov. Jack Dalrymple has called...

The U.S. Forest Service has rejected the latest proposed route of the Atlantic Coast Pipeline because of the 42-inch natural gas pipeline's potential damage to the habitat of sensitive animal species protected by two national forests in Virginia and West Virginia. In a letter to the Dominion-led pipeline company on Tuesday, the Forest Service said the proposed route is "inconsistent" with Forest Service plans and commitments to protect the habitats of the Cow Knob salamander, Cheat Mountain salamander and West Virginia northern flying squirrel, as well as the red spruce forest ecosystem in which they live. Consequently, the pipeline project...

Russian President Vladimir Putin has criticized Soviet founder Vladimir Lenin for placing a "time bomb" under the state, and denounced brutal repressions by the Bolshevik government.

Islamic State are plotting mass casualty terror atrocities in Europe following the massacres in France last year, the EU’s crime-fighting agency has warned. The terror group claims have to hundreds of militants in countries across the continent ready to bring murder and mayhem to the streets, said Europol. This militants have set up a specialist command after carrying out horrifying strikes against Western targets, including the machine gun assault and suicide bombings which murdered 130 people in Paris last November. Read more: http://www.dailymail.co.uk/news/article-3415722/ISIS-planning-attacks-Europe-warn-EU-police.html#ixzz3yHULk3Wo Follow us: @MailOnline on Twitter | DailyMail on Facebook

Donald Trump stepped up his attack on Ted Cruz on Monday, tweeting that the Texas senator needs to "either settle his problem" of having been born in Canada or leave the race. "It's time for Ted Cruz to either settle his problem with the FACT that he was born in Canada and was a citizen of Canada, or get out of race," Trump tweeted Monday morning, on the heels of Fox News polls released over the weekend that showed him with double-digit leads over Cruz in both Iowa and New Hampshire. Trump has insisted over the course of the last...

Actually, Europol hardly needed to issue its warning today, because ISIS beat them to the punch. The terrorist quasi-state published a 17-minute video showing some of the perpetrators of the Paris attack preparing for their mass slaughter by beheading and shooting prisoners in Syria. They issued an explicit threat against the UK, and in particular Prime Minister David Cameron: The 17-minute video shows the extent of the planning that went into the multiple attacks in Paris, which French authorities have said from the beginning was planned in Syria. The video was provided online by the SITE Intelligence Group, which...

Angry Fishing tends to be hard on your EquipmentWe see a lot of fishing videos, many of them are boring. When this video came across my screen I pretty much laughed out loud and made everyone around me have to watch it with me, over and over again. I have been a victim to angry fishing more than once, and these guys take it the extreme. As you are about to see, angry fishing is a real thing. Unfortunately, the only real victims are the rods and reels. When I first started learning how to use a bait caster, I...

he results of a political poll are deep and complex. We tend to boil them down very simply though, because most of the time we’re polling two-way, winner-take-all elections. Those races are generally zero-sum games between the candidates. The Iowa Caucuses however are as far from a two-way winner-take-all election as you can get. They’re a multi-way contest with proportional results. So the usual heuristics for reading polls are wrong. Contrary to rumor. Ted Cruz is not on the decline in Iowa, and has held steady for almost two months...

Perhaps the shrewdest move Joe Biden made was taking a pass last autumn at a presidential run. Then, he might have been considered a spoiler. Not so Elizabeth Warren, whom the left wanted badly to run early last year. Warren, up against Hillary's money and establishment muscle, took a pass. No profile in courage for her. But Warren might get a second chance at the brass ring. Biden, most definitely. Hillary the Inevitable is doing what Hillary does: melt down as inspection of her heats up. Criminality -- no stranger to the Clintons -- holds out the promise of being...

Overwhelming support from black voters is said to be Hillary Clinton's "firewall" against the possibility of Bernie Sanders victories in Iowa and New Hampshire. It's the reason that she's likely to build a delegate lead by winning primaries across the South in late February and early March. As Slate's Jamelle Bouie wrote last week, Clinton's advantage in this area has been built through decades of appearances and face-to-face conversations with voters and influential figures at "black civic and community organizations, from church networks to civil rights groups." The idea is that Sanders, however appealing his policy positions might be to...

President Obama, in an extensive interview published Monday, defended Hillary Clinton and questioned Bernie Sanders in his strongest terms yet – likening him to a “bright, shiny object” and dismissing comparisons between his own 2008 bid and Sanders’ rise. Weighing in extensively on the race a week before the leadoff Iowa caucuses where Clinton and Sanders are locked in a tight race, the president told Politico that Clinton entered the race with the “privilege and burden of being perceived as the frontrunner.” By contrast, he said, “I think Bernie came in with the luxury of being a complete longshot and...

Waiting so long for Rafael to respond to a new fashion in missile technology seemed surprising only because the state-owned Israeli weapons and sensor house is most often the industry’s leading trendsetter. But Rafael has been curiously slow to respond to a clear trend within the air-to-air missile community. In the past decade, the most anticipated new missiles – the Chinese PL-12, MBDA Meteor, Raytheon AIM-120D and Vympel RVV-AE-PD – have all shared a similar trait. As advanced sensors push the detection range of missile firing platforms ever farther, missile manufacturers have responded with new weapons with ranges beyond 54nm...

Today, people from all over the country are joining together to stand up for preborn babies who cannot stand up for themselves. The March for Life in Washington, D.C. is an amazing event that brings to light the horror of abortion, the millions of lives lost, and the abhorrence we should all feel when we think back to that fateful day in 1973. Today’s commentary examines this landmark case and challenges us to make a difference in our world. In 1973, two United States Supreme Court decisions forever changed the nation’s attitude toward pregnancy, family, and the gift of a...

The complete set of weapons planned for the RAF’s Typhoon fleet are displayed on the full-scale model. From left to right: ASRAAM; Brimstone; Storm Shadow; Paveway and Meteor. (Photo: Chris Pocock) British Royal Air Force (RAF) test and evaluation pilots have flown a Eurofighter Typhoon equipped with the Phase 2 Enhancement (P2E) software and avionics. The service is keen to ensure that the P2E and follow-on P3E phases of development are completed on time by the end of 2018, so that it can withdraw its last three remaining Tornado strike aircraft squadrons in 2018-19. The RAF will not be replacing...