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Fortune's 40 Under 40 list of the most influential people in business has only 3 people from finance this year

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Brad Katsuyama

Finance is no longer the lifeblood of the business world.

At least that's what Fortune's 40 Under 40 list of the most influential young people in business would have you believe.

In fact, only three people from the traditional finance sphere made the cut this year, while the majority of people on the list come from tech.

Dianne McKeever, Kim Posnett, and Brad Katsuyama ranked 19th, 16th, and 15th, respectively, this year. And while they all work in finance, each of their careers is at least tangentially related to the startup or technology worlds.

We should also note that a number of influencers from the fintech — financial technology — spheres ranked on this year's list. They include Betterment's CEO and cofounder, Jon Stein; PayPal's global head of product and engineering, Bill Ready; and Vitalik Buterin, the creator of the blockchain-based platform Ethereum.

Meet this year's most influential financiers:

SEE ALSO: Meet the Goldman Sachs 'game changers' that made Forbes' 30 Under 30 list this year

Dianne McKeever — Ides Capital

McKeever, 38, manages the activist hedge fund Ides Capital.

Her firm launched a successful campaign earlier this year to boost Boingo Wireless' value.

Fortune calls McKeever "the only woman running an activist hedge fund that's shaking up US companies."



Kim Posnett — Goldman Sachs

Posnett, 39, is the only person from banking to make the cut.

She is Goldman Sachs' global cohead of internet investment banking. Posnett led Etsy's 2015 IPO and Salesforce's sale to Demandware earlier this year, according to Fortune.

Before joining Goldman Sachs in 2005, she had a short career in acting in Hollywood, according to her bio.



Brad Katsuyama — IEX Group

Katsuyama, 38, is the top-ranking finance influencer this year.

He is the cofounder and CEO of America's newest stock exchange, IEX Group, which is featured in Michael Lewis' book "Flash Boys."

Before founding his trading platform, Katsuyama, who is Canadian, was global head of electronic sales and trading at the Royal Bank of Canada.



See the rest of the story at Business Insider

68 photos of Angelina Jolie and Brad Pitt's most stunning looks

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brad and angelina

The Brangelina divorce may be getting ugly, but these two beautiful A-list stars always were gorgeous on the red carpet together. 

From their first to their last red carpet appearance, keep scrolling to see their most iconic looks.

2005: Their first red carpet appearance was for "Mr. & Mrs. Smith."

Jolie wore a leather dress while Pitt had super blonde hair and a leather jacket. As though to fight the rumors of an on-set affair, producer Arnon Milchan stood between them.



2006: Their next red carpet look was after the birth of their daughter, Shiloh Jolie-Pitt.

They were officially an item by the red carpet world premiere of Jolie's movie, "The Good Shepherd."



2007: Brangelina was ready for prom at the Golden Globes.



See the rest of the story at Business Insider

The 31 colleges where students go on to earn the highest starting salaries

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Stanford UniversityWith the average student-loan debt currently hovering around $37,000, it makes perfect sense that students and parents consider average post-graduationearnings while looking at schools. 

While pay potential shouldn't be the only thing that attracts you to a particular college or university, it is helpful to know what you can expect, in terms of pay, once you join the working world.

PayScale, the creator of the world's largest compensation database, recently looked at the starting and mid-career pay for over a million college grads — including professionals who graduated with a bachelor's from 963 colleges and universities.

For its College Salary Report, which was compiled using data from employees who successfully completed PayScale's employee survey, PayScale sorted the results by college major, degree, and school.

Here are the 31 colleges where students with a bachelor's degree go on to earn the most money in the first five years of their career: 

SEE ALSO: 25 college majors with the highest starting salaries

31. Santa Clara University

Early career median pay: $61,900

Mid-career median pay: $121,000

Sector: Private

Undergraduate enrollment: 5,486



30. University of Pennsylvania

Early career median pay: $62,200

Mid-career median pay: $124,000

Sector: Private

Undergraduate enrollment: 11,548



28. (tie) ArtCenter College of Design

Early career median pay: $62,300

Mid-career median pay: $81,300

Sector: Private

Undergraduate enrollment: 1,824



See the rest of the story at Business Insider

Here are all the terrible things Trump and Cruz said about each other

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donald trump ted cruz iran rally

The political feud between Republican presidential nominee Donald Trump and Sen. Ted Cruz of Texas was one of the dirtiest in recent memory.

Trump and Cruz, who dropped out of the GOP primary in May, attacked each other's wives, citizenship, and integrity. They threatened to sue, accusing each other of lying and cheating for various reasons.

After Trump won the party's nomination, Cruz refused to endorse him at the Republican National Convention in July.

Cruz finally came around to make that endorsement on Friday.

Here are 40 of the most memorable attacks the two have thrown at each other during the campaign:

SEE ALSO: TED CRUZ: 'I will vote for the Republican nominee, Donald Trump'

DON'T MISS: Trump campaign manager on Ted Cruz endorsement: 'Hell froze over today and it feels like heaven'

Trump: "I don't think he's qualified to be president. Look at the way he's dealt with the Senate, where he goes in there — like, you know, frankly, like a little bit of a maniac. You're never going to get things done that way."

Source: Business Insider, December 2015



Cruz: "Listen, anytime someone is attacking your faith, that starts to suggest they're getting really nervous about what's happening in the race. I would be happy to invite Donald to come with me to church anytime he would like."

Source: Business Insider, January 2016



Trump: "Rafael! Straight out of the hills of Canada!"

Source: Business Insider, January 2016



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This is the most annoying and possibly dangerous thing about new cars

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Chevy Volt

We've started to notice a theme in many of the new cars and trucks, including SUVs, that we test out here at Business Insider on our Transportation team: confusing automatic-transmission shifters.

We're not talking about stick shifts here; those are still, mercifully, relatively straightforward.

But the good old park-reverse-neutral-drive setups of old, when you simply moved a shifter up and down, have given way to more elaborate systems. In some cases, such as when the shifter is replaced by buttons, this isn't so bad.

But when the shifter is modified to be more of a joystick-type interface, it doesn't always make sense and requires practice to sort out.

Sometimes it doesn't get sorted out, as was reportedly the case when actor Anton Yelchin, who played Mr. Chekov in the rebooted "Star Trek" movies, was killed in a freak accident in Los Angeles when he thought his Jeep was in park when it was in neutral. The car rolled, pinning him against his mailbox.

Fiat Chrysler Automobiles had recalled Yelchin's model, along with over 1 million others, because of a confusing shifter design.

So in some cases, these new shifter designs are more than an annoyance — they're a danger. And this has only become more obvious to us lately, as we've had a spate of test cars with more old-fashioned and even manual transmissions come through our neck of the woods.

This is the gearshift in the new Toyota Prius. It's from the latest generation of the car.

I own a 2011 Prius, so I'm used to this setup, but compared with every other car I owned before, there was a needless learning curve with this thing. It isn't a shifter in the old-school sense so much as a joystick. You toggle it up or down to get reverse or drive. Park, as you can see, isn't an option: There's a button for that to the left of the shifter.



Here's the shifter on a new Lexus RX 350, which uses the more familiar P-R-N-D arrangement. Not much of a learning curve here.

I'm always so happy when I get into a car that still does it this way. No chance that I'll be trying to execute a quick three-point turn and get stuck in the middle of the street figuring out how to get back into drive.



Stick shifts remain the easiest option. This one is from a Jaguar F-Type.

Manuals haven't changed much in decades — only that gears have been added beyond the traditional four or five.

But stick shifts are a dying breed, and driving them is a dying art. Carmakers provide them as an option, mainly for motoring enthusiasts, and install them in sports cars.



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10 facts reveal the absurdity of Pablo Escobar's wealth

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pablo escobar

The "King of Cocaine" was the son of a poor Colombian farmer, but by the time he was 35, he was one of the world's wealthiest men.

Despite his humble origins, Pablo Escobar became the leader of the Medellín cartel, which was responsible for 80% of the global cocaine market.

"El Patron" brought in an estimated $420 million a week in revenue, making him one of the wealthiest drug lords ever.

While verifying Escobar's wealth is impossible because of the nature of drug money, estimates run as high as $30 billion.

WATCH: Pablo Escobar: The life and death of one of the biggest cocaine kingpins

SEE ALSO: Legendary drug-lord Pablo Escobar lost $2.1 billion in cash each year — and it didn't matter

1. In the mid-1980s, Escobar's cartel brought in an estimated $420 million a week, which totals almost $22 billion a year.

Source: The Daily Beast



2. Escobar made the Forbes' list of international billionaires for seven years straight, from 1987 until 1993. In 1989, he was listed as the seventh-richest man in the world.

Source: Forbes



3. By the end of the 1980s, he supplied 80% of the world's cocaine.

Source: A History of Modern Latin America: 1800 to the Present



See the rest of the story at Business Insider

The 20 best new TV shows this fall you need to watch

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westworld

This fall is jam-packed with new options. In order to help viewers make up their minds, we're naming the shows we're most looking forward to.

There are remakes like Fox's "Lethal Weapon" and "The Exorcist." There are spins on what worked last year, such as true-crime docuseries like CBS's "The Case of: JonBenét Ramsey." Or quirky niche comedy like FX's "Atlanta."

We've watched all the premiere episodes made available to press or we've seen the trailers. In some cases, we've even spoken to the people behind the shows. There were some shows that we had dismissed in theory, but then they ended up pleasantly surprising us.

Here are the 20 best new TV shows this fall based on what we've seen:

 

SEE ALSO: Here are the 10 rising Hollywood stars who are taking over TV in the fall

DON'T MISS: The 21 biggest stars of fall TV you need to know

"Loosely Exactly Nicole" (MTV), Mondays at 10:30 p.m.

Writer and stand-up comedian Nicole Byer has a really infectious energy in this sitcom loosely based on her own life. She's an overweight black woman trying to make it in Hollywood, and Byer doesn't mind pushing the envelope of taste.



"Atlanta" (FX), Tuesdays at 10 p.m.

Donald Glover delivers in his return to series television after bailing on NBC's "Community." The good thing is "Atlanta" is worth every bit of the three-year wait viewers endured before it finally debuted. This semi-autobiographical take on Glover's hometown follows his character Earn as he teams up with his rapper cousin to make something of themselves. It's both deeply intimate and hilarious.



"One Mississippi" (Amazon), Streaming now

Absolutely no one has had worse health luck than comedian Tig Notaro. Somehow she rolls all that suffering, then adds the death of her mother, into a fully unique take on life and family on "One Mississippi." The series marries grief with humor, and Notaro's incredibly relaxed voice leaves viewers with new tools in dealing with life's messiness.



See the rest of the story at Business Insider

How one 26-year-old banked nearly $150,000 in savings as part of a plan to retire by age 37

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Money Wizard graphics 4x3

Most people don't start saving for retirement until they land their first "real" job as a 20-something. Even then, they're often lazy about setting up their 401(k) and putting any extra cash away with consistency.

But the story is different for the Money Wizard, a 26-year-old financial analyst and blogger with a six-figure net worth who started saving before he could even get behind the wheel of a car.

"I remember my eighth-grade math teacher posed the magical doubling penny question to us, which opened my mind to the power of compound interest," the Money Wizard — who goes by the pen name Sean online — told Business Insider.

"I still remember his exact quote," he said. "'Instead of buying a few CDs with your money, you could be a millionaire.'"

A few years later, Sean realized that his grandfather, "one of the cheapest guys" he knew, was actually a millionaire. "He never made more than a low five-figure, blue-collar salary, but he used the stock market to save his way to $1.2 million in investments" by age 60, Sean said.

Inspired by his grandfather's financial finesse, he started saving any extra cash he earned from his first job at age 16. Later, after reading a book called "Early Retirement Extreme" by Jacob Lund Fisker, he became determined to reach financial independence by age 37.

At 22, he graduated college with a degree in finance and economics and got hired as a financial analyst in Denver making $45,000 a year. He immediately set up his employer-sponsored 401(k) and contributed 5% of his pretax salary, which was fully matched by the company.

Now, three and a half years later, Sean's salary is $70,000 and his 401(k) contribution — just one of his vehicles for saving — is up to 25%.

Last year, at age 25, his net worth reached $100,000. That's when he started his blog, My Money Wizard, to share his ambitious journey to early retirement.

As of August 2016, Sean's net worth was nearly $150,000. Below, he talks us through the growth of his savings accounts and why each is vital to achieving his goal of retiring before 40.

Although Sean requested anonymity, Business Insider reviewed tax and bank statements that confirmed the figures he's reported.

DON'T MISS: A man who retired at 34 shares a spreadsheet that helped him get there

SEE ALSO: 13 strategies to save a fortune, from real people who retired before 40

Sean shares monthly net worth updates on his blog, My Money Wizard, where he breaks down his progress.

In August, his net worth reached $147,913. He plans to continue his current savings strategy for the next 11 years to retire with enough money — his current goal is $750,000 — to live comfortably using the 4% rule.

"The idea is that if you have assets earning 7% per year, and inflation is about 3% per year, you can safely withdraw 4% of your portfolio each year without ever running out of money," he said.

Sean's model for saving is built conservatively and assumes he'll never get another work raise, enjoy a second stream of income now or during retirement, or combine savings with a future spouse. He's confident he'll be able to afford to start a family, buy a house, and cover life's unexpected expenses.

"Probably what's most driving me [to retire early] — I just want freedom," he said. "So many people get caught up in the race of materialism, thinking that next house or next car is what will make them happy. I think happiness comes from freedom. I just want to be able to do what I want, without financial worry."



Cash: $8,546

Despite popular financial advice that suggests people set up emergency funds, Sean doesn't believe in them.

"I want my money invested and working for me, not lazily sitting around getting eaten by inflation," he said. "I like to keep enough cash to pay off all credit cards and to have about $2,000 leftover at any given time."

401(k): $38,292

"Maxing out my 401(k) is my primary investment goal each year," Sean said. "Not only are employer matches possibly the greatest investment ever, the tax advantages of taking it a step further and contributing the IRS-allowed $18,000 maximum each year are just too amazing to ignore."

By contributing the maximum to his 401(k), Sean said he's saving more than $5,000 each year in taxes. He calls it "the smartest investment I ever made."

And he'll be able to access his account before age 59.5 without penalty by using the Roth IRA conversion ladder. Under this IRS rule, any money transferred from a traditional IRA — like his 401(k) — to a Roth IRA is tax- and penalty-free.

He'll have to wait five years after the first conversion to access the money — and pay any applicable ordinary income taxes on the funds when he converts them — but he plans to live off his taxable investments during that time. Then he'll transfer sums of money into his Roth IRA year after year — referred to as "climbing the ladder"— giving him early access to his 401(k) savings throughout retirement.

Vanguard: $59,145

Sean's second investment goal each year is to contribute the $5,500 maximum to his Roth IRA (held in his Vanguard account). Since he doesn't own a home, his Roth IRA is invested into REIT index funds, which invest his money into diversified real-estate interests.

In addition, the account holds a Vanguard Total Stock Market Fund— a low-cost way to invest in the US stock market — which houses all of his taxable savings.

"It's 100% equities, which some people would consider risky, but it's important to consider allocations across all of your money, not just an individual account," he said. It's also easy to maintain, he said, and a great choice if you aren't "a stock-picking genius."

When he has cash overflow, he transfers $1,000 over to invest in his index fund. "I then sit back and move on with my life, knowing this fund will track the overall market," he said.

Merrill Lynch: $45,347

Before opening his Vanguard account in 2014, Sean used his Merrill Lynch account as his primary taxable investment account.

"A portion of this account was formed when a younger, more naive version of myself was convinced I could beat the stock market by picking individual stocks," he said.

Today, his account comprises low-fee, exchange-traded funds; a small percentage of individual stocks; and about $6,000 worth of bonds.



Sean says he's able to save about 65% of his take-home pay. His expenditures may seem minimal, but he assures us he doesn't feel shorted.

"The challenge comes in deciding what will actually make my life better and what's just unnecessary waste," he said.

Last year, he relocated from Denver to Minneapolis and moved in with his girlfriend. They now split rent, reducing his living expenses by about $6,000 to $7,000 annually.

Traveling and eating out are his biggest "vices," but he tries to keep his recurring costs low so he has the flexibility to enjoy the finer things.

"I feel like I already live like a king — I travel frequently, eat at delicious restaurants all the time, and don't worry about money," Sean said. "If I spent another $20,000 each year on random stuff, the only change would be that I'd start worrying about money."



See the rest of the story at Business Insider

A divorce attorney shares 4 things successfully married couples do

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couple travel love

Elliot Polland is a New York divorce attorney with nearly 50 years of experience, so he knows a thing or two about what can make or break a relationship.

Polland spoke with INSIDER right after getting out of court about the biggest mistakes married couples make and the best things married couples should do to make sure their relationships will last.

Note: Elliot Polland is the father of INSIDER Deputy Editor Jennifer Polland.

Set up boundaries with in-laws and other family members.

While Polland said that family members' insights can be useful in noticing things about a person that their partner doesn't see, it's important to make sure they don't take it too far.

"There are many times where I've had clients coming in and saying that their in-laws have destroyed their marriage," he said.

It's ultimately up to the couple to decide what those boundaries should be.

"I don't know that there's any magic formula for that," he said. "Every situation is different."



Maintain an affectionate physical relationship.

It's the little things that go a long way.

"Obviously a sexual one is important, but even for older couples where that becomes less important, even the cuddling and the hugging certainly maintains that close connection that I think is very important for maintaining a relationship," he said.



Keep records of your assets.

"Banks and most other financial institutions don't maintain records beyond six years," he said. "If somebody claims that they came into the marriage with X dollars and tries to claim that that was their separate property if there were a divorce, if they didn't maintain those old records, they would have virtually an impossible task in proving that this was their pre-marital fund."

Polland advised scanning the necessary documents and entrusting them to a parent of sibling.



See the rest of the story at Business Insider

Everything we know about Snapchat's new camera glasses

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Snap Spectacles

Snapchat isn't just an app anymore.

On Friday the company officially renamed itself to Snap Inc. and announced a pair of camera-equipped sunglasses called Spectacles.

After Business Insider obtained and published a video of the glasses in action, Snap officially announced the news in The Wall Street Journal.

Snap has been secretly working on these glasses for years, dating back to its acquisition of a small startup called Vergence Labs in 2014. Sources close to the company say CEO Evan Spiegel and cofounder Bobby Murphy have been closely involved in making the glasses with a small, top-secret team known internally as Snap Labs.

We don't know everything about how Snap's Spectacles will work, and the company isn't saying when they will be available besides "this fall." But here's what we do know so far: 

SEE ALSO: Secret video shows Snapchat's new glasses

Snap's Spectacles will cost $129 and come in three colors: black, teal, and coral. They will be available in limited quantity sometime this fall.



The glasses record up to 10 seconds of circular video through a 115-degree-angle lens, which is designed to look closer to how the human eye sees.

RAW Embed

Snap CEO Evan Spiegel recounted a hiking trip he took while wearing the glasses to The Journal:

"I could see my own memory, through my own eyes—it was unbelievable. It’s one thing to see images of an experience you had, but it’s another thing to have an experience of the experience. It was the closest I’d ever come to feeling like I was there again.”



A light will illuminate while the glasses are recording.

RAW Embed



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How Kevin Garnett made $326 million to become the highest-paid player in NBA history

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Kevin Garnett

Kevin Garnett has announced his retirement from the NBA.

Garnett was a 15-time All-Star and a four-time first-team All-NBA. He won a championship with the 2007-08 Boston Celtics.

He also retires having made $326 million in his career, the most in NBA history.

Let's take a look at how, more than once, Garnett was just the right player, in the right place, at the right time.

In 1995, Kevin Garnett was a 6-foot-11, 220-pound senior in high school and it had been 20 years since a high school player went straight to the NBA.

 



At 19, he chose to enter the NBA draft after failing to reach the minimum score on the ACT necessary for NCAA eligibility.

SOURCE: ESPN



The Minnesota Timberwolves made Garnett the fifth pick of the 1995 NBA Draft.



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Inside 17 of the most luxurious European castles you can rent on Airbnb

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Lisheen castle ireland airbnb

Airbnb is now available in over 190 countries worldwide and hosts more than 2.5 million homes. Of these infinitely differing cottages, penthouses, bungalows, mansions, duplexes, RVs, villas, houseboats, and halls— over half are situated in Europe. 

Europe is, therefore, home to some of Airbnb's most historic properties, notably the big, beautiful castles. Because of the number of rooms in these properties, renting in large groups can even be quite economical.

From Cork to Cumbria, Tuscany to Malta, there are plenty of castles on the site and it can be a drag finding which drawing room you desire or whether you're fazed by maze gardens.

Luckily, we found the highlights so you don't have to:

1. Wilton Castle, County Wexford, Ireland— £796/night, £57 p/p.

View listing here.



Wilton Castle is comprised of 7 bedrooms and resides on the banks of the Boro River in southeastern Ireland. The castle was burned to the ground in 1923 by arsonists, but has since been lovingly restored to its regal best.



Wilton was also the site of one of the last ever pistol duels in 1807. William Alcock shot his opponent in the heart but was later found not guilty of murder.



See the rest of the story at Business Insider

The 29 most controversial people on Wikipedia — including Donald Trump, Michael Jackson, and Albert Einstein

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Donald Trump

Wikipedia may look smooth on the outside, but just below the surface there is an ongoing war over how certain people and events are going to be remembered.

That war involves small edits made, sometimes over and over again, by the site's most passionate users. If you look at the most edited pages you can see the topics that our society is still fighting over. Some of these pages have over 45,000 edits, and range from entertainers to religions to wars.

But one of the most fascinating areas of debate centers around people, and the list of public figures whose legacies are in dispute in the world's most popular encyclopedia is incredibly varied. You have those you might expect, like ex-presidents or dictators, but also a run of professional wrestlers you probably never knew were so disputed.

We have compiled a list of the top 29 most edited pages of people on Wikipedia, along with a sample edit from each. Edits removing portions of the text are shown in red, and edits adding new text are shown in blue.

SEE ALSO: George W. Bush has the most controversial Wikipedia page of all time — and the edits are fascinating

29. Bill Clinton

Before edit:

Born and raised in Arkansas,Clinton became a student leader and a skilled musician.

After edit:

Clinton was born and raised in Arkansas.



28. Donald Trump

Before edit:

Born and raised in hell, Trump received a Bachelor's degree in economics from the Wharton School of the University of Pennsylvania in 1968.

After edit:

Born and raised in New YorkTrump received a Bachelor's degree in economics from the Wharton School of the University of Pennsylvania in 1968.



27. Kelly Clarkson

Before edit:

Her sixth studio album, 'Piece by Piece' was released in March 2015 and debuted at number one on the Billboard 200, thus collecting her third number one album and tying Carrie Underwood for most number one albums for an American Idol alumni. 

After edit:

In 2015, Clarkson released her seventh studio album, "Piece by Piece", becoming her third number one album on the "Billboard" 200 Chart.



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The wait for Nintendo's next console is testing the company's most passionate fans

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In the world of video games, nothing is quite as tantalizing as the prospects of new devices to play your games on. With any company, there's always an air of mystery whenever a new console is in the works. 

Is this the one that will change everything? Will it flop and be a horrible joke for five years?

These feelings are exacerbated whenever Nintendo is involved because it never does the expected. Nintendo exists in its own strange little universe where raw horsepower is traded for unique features, both good (the Wii Remote) and bad (most things about the Wii U).

This is all true with Nintendo's next console, codenamed NX. Here is the story of an elusive game machine, the online detectives trying to solve the case, and the passion that drives them.

SEE ALSO: Nintendo is about to announce a new console — here's everything we know

Whoa, hold on. What's the NX?

Since the Wii U has been largely unsuccessful compared to Nintendo's previous consoles (albeit charming with some great games), it's time for the company to pull the trigger on a new game console. To add another interesting wrinkle to the situation, the popular 3DS handheld console is getting long in the tooth, having launched in early 2011.

In March 2015, Nintendo told us it was making something new, codenamed NX. No other details were given at the time, other than a vague promise of more details to come in 2016.

After a litany of rumors and patent filings seemed to hint at this very idea, Eurogamer got the scoop this summer that the NX would be a combination home and handheld console. That means every future Mario, Zelda and Pokémon game will live on one device.

It's almost two months since Eurogamer's leak and Nintendo still hasn't said a peep about the NX yet.



Why hasn't Nintendo said anything? When will they tell us more?

That's the million-dollar question. Nintendo's company line since the day it announced the NX has been "you'll know more in 2016." 

Eurogamer's report indicated a September reveal event, but there isn't a whole lot of September left. Analysts have predicted no later than early October, but there isn't much concrete evidence to back that up.

The truth of the matter is it could happen at, quite literally, any moment. I have a hunch that they're waiting until "Paper Mario: Color Splash" comes out on October 7 because they don't want to undermine their last "major" Wii U game by announcing a new console.

Truthfully, we just don't know.

It's worth noting that the only other thing Nintendo has told the world about the NX is that it's launching in March of 2017. As of September 22, it would be the shortest amount of time between the reveal of a console and its release in Nintendo's history if the console isn't delayed.



So, what's all this about internet detectives?

When I say "internet detectives," I'm specifically referring to /r/NintendoNX, the proverbial water cooler for all who want to know more about the NX to gather around. After lurking the NX subreddit for several weeks, it's become one of my favorite places on the internet.

It's here that the intense passion of Nintendo fans really shines through.

People are illustrating (and, in the case of the one above, sculpting) mockups of what they think the console's controllers and menus will look like. They're also scouring every patent filing and financial report they can for any evidence of the console's nature and possible reveal date.

Anything that could possibly be related to the NX is fair game for discussion and speculation. It's also a place for jokes and fun times. Here are some of my favorite posts, just from the past day or so:

- This user tries to determine what "fall" really means in the context of "you'll find out more this fall."

- Someone poking fun at the subreddit's tendency to read too much into nothing.

- A user floating the idea that the NX has already been revealed, Nintendo just flubbed the marketing so much that nobody noticed.

A calendar of upcoming dates in September and October, with each day color-coded by likelihood that the reveal could take place on that day.

- And, of course, plenty of memes.



See the rest of the story at Business Insider

Here are the 9 most influential people on Wall Street

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Goldman Sachs Chairman and CEO, Lloyd Blankfein, waits to speak at the 10,000 Women/State Department Entrepreneurship Program at the State Department in Washington, March 9, 2015.  REUTERS/Gary Cameron

Bloomberg News just released its list of the 50 most influential people in financial markets, which includes politicians, entrepreneurs, and central bankers.

To determine the ranking, Bloomberg asked dozens of reporters and editors to nominate candidates, who were then vetted and voted on by senior editors. The list was narrowed from 100 to 50.

Hedge fund managers have had a horrible year, which explains why not many of them made it to the list. However, there are some familiar names from big banks and investment giants, such as Goldman Sachs' Lloyd Blankfein and Vanguard Group's Bill McNabb.

Here are the top nine movers and shakers from the world of finance, according to Bloomberg's 50 Most Influential list:

SEE ALSO: Here's why Warren Buffett is giving his billions away

9. John Stumpf

Who: John Stumpf, CEO of Wells Fargo

Why: Wells Fargo's Stumpf, who built his reputation running Wall Street's most squeaky-clean bank, is all over the news. He has long touted his love of cross-selling (and he still does), but a recent scandal exposed how the bank had gone too far to that end. This isn't only a cautionary tale about incentive pay — it also represents a huge threat to Stumpf's career.

Overall ranking: 23

Source: Bloomberg News



8. Jeffrey Gundlach

Who: Jeffrey Gundlach, founder and CEO of DoubleLine Capital

Why: Gundlach has a track record of making prescient calls. In January, he forecast that gold would reach $1,400 this year, and continued to hold gold halfway through the year. He asked investors to sell everything else amid a frothy market, and most recently predicted that the Federal Reserve would not raise rates in September (which rang true). He oversees $100 billion in assets, as of June.

Overall ranking: 22

Source: Bloomberg News



7. Sergio Ermotti

Who: Sergio Ermotti, CEO of UBS

Why: Since he took the helm in late 2011, Ermotti has been reshaping the Swiss bank's strategy. That includes shrinking the investment bank, focusing more on wealth management, and implementing a range of cost-cutting measures. However, the bank is facing an exodus of money, as tax authorities ramp up scrutiny on the wealthy.

Overall ranking: 21

Source: Bloomberg News



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PRESENTING: The most important charts in the world from the brightest minds on Wall Street (SPX, SPY, DJI, IXIC, GSPC, IWIM, TLT, TLO, USD, DXY, JPY)

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Here they are: the most important charts in the world. 

2x1

Once again, we’ve asked some of the sharpest strategists, economists, and reporters for one chart that’s at the top of their minds right now.

We asked for a chart that reflects something that concerns them in markets and the economy right now. Or, for something that shows a trend they think everyone should be paying more attention to. Any commentary below the charts comes from them.

All the charts were submitted by Monday September 19, so some of the data may have evolved since then.

Here they are: 

Gary Shilling

To close the gap, the S&P 500 P/E would be 63 compared to the current 25 on trailing 12-months earnings. So by this logic, stocks are 60% undervalued. Wow!

But be careful. The 25 P/E is well above historical averages, and stocks need to fall 36% to return to Shiller's long-run cyclically-adjusted P/E of 16.7.  Also, Brexit will depress already-slowing global growth.  With worldwide excess capacity and wage-depressing labor surpluses, deflation is unfolding. Corporate profits are shaky and central banks are impotent in promoting economic growth.



Jack Bogle



Rich Bernstein



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Here's the electric car Audi is building to take on Tesla (TSLA)

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Audi E-tron quattro

Tesla's Model S and Model X are soon going to have some serious competition.  

Last September, Audi revealed its all-electric e-tron quattro concept at the Frankfurt Motor Show. The SUV, which is slated to go into production by 2018, will have three electric motors, a range of 310 miles on a single charge, and quick charging capabilities. 

Here's a look at some of the features in the e-tron quattro that we hope to see in the production version. 

SEE ALSO: 17 electric cars that you'll be able to drive by 2020

Like the e-tron concept, Audi will most likely include piloted driving technology in its upcoming all-electric SUV.

The e-tron quattro concept has piloted driving technology, which uses radar sensors, a video camera, ultrasonic sensors, and a laser scanner to collect data about the car’s environment and create a model of the vehicle’s surroundings in real-time.

Audi currently has a lot of this tech in its newer vehicles, so it's likely we will see a more advanced piloted system in the production version of the e-tron quattro. 

 



Cameras could replace side view mirrors.

The e-tron quattro has curved displays built into the front section of the doors that lets the driver view what is around them. There's no guarantee we'll see this in the production version, but automakers are beginning to experiment with new kinds of mirror designs. 

For example, GM's a digital mirror in the Chevy Bolt and the Cadillac CT6 that uses cameras to stream whatever is behind you. 



It will likely be covered in screens.

The e-tron quattro concept features two touch displays in the cockpit, one to the driver's left to control lights and the piloted driving systems and one to the right where media and navigation is controlled. 

The center console has two more OLED displays for climate control and infotainment. 



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The 20 hottest housing markets in America

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san antonio riverwalk Real estate is a competitive business. In some markets, if you don't jump on a property you like right away, you risk losing it within days — or even hours.

A new study by Realtor.com found the hottest housing markets in country by zip code, measuring the time it takes properties to sell and how frequently homes are viewed.

Homes in the hottest zip codes go fast, selling in an average of 25 days — a full 53 days faster on average than the rest of the country, according to Realtor.com. These places also have a few crucial similarities: They tout strong job markets and are home to a large population of millennials, one of the largest generations in US history.

Notably, the top three places — Watauga, Texas; Pleasant Hill, California; and Northglenn, Colorado — are all located along the perimeter of major metro areas: Fort Worth, San Francisco, and Denver, respectively. These peripheral locations allow buyers to purchase relatively affordable homes within expensive metro areas, according to the report.

Read on to check out the 20 hottest housing markets in America by zip code.

SEE ALSO: The 25 most expensive housing markets in the US

DON'T MISS: 10 cities where college graduates owe more than they earn

20. 58103 — Fargo, North Dakota

Population: 118,523

Median household income: $46,311

Median home listing price: $193,000

Job growth in the past year: 2%

Jobs added in the past year: 4,700



19. 49508 — Kentwood, Michigan

Population: 51,357

Median household income: $49,201

Median home listing price: $148,000

Job growth in the past year: 3%

Jobs added in the past year: 8,600



18. 14625 — Rochester, New York

Population: 209,802

Median household income: $30,784

Median home listing price: $203,000

Job growth in the past year: 1%

Jobs added in the past year: 3,600



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Warren Buffett says these billionaires' letters might be more valuable than their money

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warren buffett

Warren Buffett wants his Giving Pledge to define philanthropy for generations.

At the 2016 Concordia Summit in New York on Tuesday, Buffett discussed the philanthropic movement with Yahoo Finance editor Andy Serwer via video conference. The Giving Pledge is a group for billionaires who publicly promise to donate at least half of their wealth to charity during their lifetime or upon death.

Buffett founded it in 2010 with Bill Gates, and the Giving Pledge now has 156 members, many of whom sign along with their spouse, showing that it's a family commitment.

Each member writes a letter explaining why they are making the decision, and Buffett says these are not merely press releases, and may even be more important than any single donation "because they're messages to the future." Buffett explained that they "will be influencing philanthropy 10, 20, 50 years from now, just like Andrew Carnegie's 'Gospel of Wealth.'"

He told Serwer that he is most proud of the younger signatories, like the cofounders of Airbnb. "I tell them, every one of them is worth 10 of me because you're going to have young people, particularly in this day and age, get wealthy very early and they're going to look to the people who are their heroes, whether it's Mark Zuckerberg or Brian Chesky," he said.

We've collected samples from some of the letters below, and all can be read on the Giving Pledge's website.

SEE ALSO: Here's why 88-year-old T. Boone Pickens says he can't ever retire

Pershing Square Capital Management CEO Bill Ackman

"I am not a particularly religious person, and believe that my limited time on earth is all that I am going to get. And I have lived with that understanding, doing my best to extract as much out of life as I can. I get tremendous pleasure from helping others. It's what makes my life worth living."

Read the full letter »



Spanx founder Sara Blakely

"I have so much gratitude for being a woman in America. I never lose sight that I was born in the right country, at the right time. And, I never lose sight of the fact that there are millions of women around the world who are not dealt the same deck of cards upon their birth. Simply because of their gender, they are not given the same chance I had to create my own success and follow my dreams. It is for those women that I make this pledge."

Read the full letter »



Bridgewater Associates founder Ray Dalio

"We were lucky enough to have experienced the full range of financial circumstances. ... When we earned more money, we experienced relief and then the diminishing returns of having more money. We learned that beyond having enough money to help secure the basics — quality relationships, health, stimulating ideas, etc. — having more money, while nice, wasn't all that important. ... So we found taking our excesses and providing it to others who have an extreme shortage has been both a good investment and a great satisfaction."

Read the full letter here »



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The 52 best pictures of the Rio Paralympics

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Silver medalist Claire Cashmore of Great Britain, gold medalist Katarina Roxon of Canada and bronze medalist Ellen Keane of Ireland celebrate on the podium at the medal ceremony for the Womens 100m Breaststroke

The Rio Paralympics have now concluded with China leading the way, winning 107 gold medals and 239 medals overall.

Along the way, the games produced some incredible photos.

From Amy Purdy's walk during the opening ceremony, to the many awesome celebrations and amazing displays of athleticism, here are the best photos of the Rio Paralympics from Getty Images, the Associated Press, and Reuters.

Brazilian swimmer Clodoaldo Silva lights the cauldron during the Opening Ceremony



Fireworks go off above Maracana Stadium.



In a move that mirrored the walk by Gisele Bündchen during the opening ceremony of the Rio Olympics, snowboarder and model Amy Purdy walked across the stage during the opening of the Rio Paralympics.



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