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How Goldman Sachs' most senior execs unwind

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yoga

Investment banking is an infamously high-stress career. It usually means working long hours, too.

So it's important for bankers and traders to unwind.

Goldman Sachs has been asking its leaders how they relax and "reset," and posting their responses on its careers blog. It will continue to be updated throughout the month.

The series of posts comes as the bank takes strides to improve work-life balance for its employees.

In November, Goldman Sachs announced it would introduce new technological platforms to pick up some of the grunt work that junior bankers do, so they can focus on more rewarding, "value-add" work.

The posts also shed light on the home life of some of Goldman's most senior executives.

One theme to emerge is family time.

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

David Solomon, cohead of Investment Banking

Investment banking cohead David Solomon said spending time with his daughters is his favorite way to reset.

He likes to spend Sunday nights with his oldest daughter, doing an hour of yoga together and then going for dinner.

"It is a great way to end one week and start the next," said Solomon, who is based in New York.

He's also a fan of skiing and road biking.



John Waldron, cohead of Investment Banking

Solomon's fellow cohead of investment banking, John Waldron, said spending quality time with his kids helps him reset too.

Waldron, who has five children, will cheer on the older ones at sporting events or read bedtime stories to the younger ones.

He also does regular Saturday or Sunday one-on-one lunches with them.



Michael Sherwood, vice chairman of Goldman Sachs and co-CEO of Goldman Sachs International

Sherwood chooses soccer to unwind.

"It's a family tradition; I used to go with my dad, and now I take my kids," Sherwood said.

There's no shortage of soccer for Sherwood to watch in London, where he is based. His team of choice is the Tottenham Hotspur, according to The Independent, though he also did a stint as a board director for Watford FC.



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16 brilliant quotes from Charlie Munger, Warren Buffett's right-hand man

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charlie munger

Charlie Munger is a college dropout who served as a meteorologist in the US Army Air Corps before graduating from Harvard Law.

And then he met Warren Buffett.

The rest is history.

As vice chairman of Berkshire Hathaway, Munger is Buffett's right-hand man. He has an estimated net worth of $1.19 billion.

Like Buffett, Munger is incredibly sharp in his wit and investing wisdom. You might even argue that his words are more blunt and unfiltered than Buffett's.

We compiled a list of Munger's most insightful quotes about investing, business, and life.

Check them out below:

Overestimating your intelligence could be a major pitfall.

"If you think your IQ is 160 but it's 150, you're a disaster. It's much better to have a 130 IQ and think it's 120."  

 

Source: Berkshire Hathaway 2009 meeting via The Daily Beast



Smart people do dumb things.

"We recognized early on that very smart people do very dumb things, and we wanted to know why and who, so we could avoid them."

 

Source: Berkshire Hathaway 2007 meeting via Buffett FAQ



Invest in the business that any fool can run.

"Invest in a business any fool can run, because someday a fool will. If it won't stand a little mismanagement, it's not much of a business. We're not looking for mismanagement, even if we can withstand it."

 

Source: Berkshire Hathaway 2009 meeting via Buffett FAQ

 



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Here's why Nike has defined 'cool' for 40 years

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drake future

No brand has driven sneaker culture like Nike. 

It's connected running and hip hop and streetwear to one another, made super athletes seem a little more human, and helped change American perspectives on exercise. 

Here's a few of the ways Nike has defined 'cool' in American culture.

1973: Nike signs its first athlete to an endorsement deal — a 22-year-old by the name of Steve Prefontaine.

Prefontaine, or "Pre," as he came to be known, was a running prodigy without peer. 

He set his first national record at age 15 by running two miles in 8:41:5. 

Before he died in a car accident at age 24, he held an American record in every long distance event, from 2,000 meters to 10,000 meters.

Pre signed with Nike for $5,000 in 1974, when the company was two years old. With his flowing hair, punk rock attitude, and unprecedented success, Pre helped brand Nike as swaggering and dominant.



1970-1978: Nike helps make jogging a thing.

Nike cofounder Bill Bowerman was also a legendary track coach at the University of Oregon. He recruited Pre to join the University of Oregon, then had him sign on to Nike. 

Bowerman was also a huge evangelist for running, or as it would become known as a recreational activity, jogging. 

While it seems like running has always been a thing, it didn't become a popular pursuit until the Running Boom of the 1970s. Bowerman helped push running into the mainstream with books like "Jogging," to Nike's benefit. 

"Certainly running was already popular among kids and athletes in the 1970s, but it wasn’t the social activity that we see it as today,"says marketing analyst Garrett Moon."The growing white-collar workforce helped pave the way for social activities that included the promotion of cardiovascular health. Once the trend was ingrained, the need shifted and the 'jogging shoes' themselves became the felt need."



1985: Nike launches the Air Jordan.

The most important athlete endorsement for a brand in the 1980s and 1990s was Michael Jordan. 

And the most important sneaker of all time is the Air Jordan I, released in September 1985

In October 1985, the NBA started fining Jordan $5,000 each time he wore the sneakers during a game, since they didn't fit the required color scheme. Nike gladly covered the expenses, since the controversy made the sneaks that much cooler.

 



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20 photos that show why this small town in Mexico should be on your travel bucket list

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tulum beach

Hidden away from the hustle and bustle of the perennial spring breakers' favorite, Cancun, the Mexican town of Tulum has become a popular travel destination with celebrities and the fashion elite.

It was recently named the top global destination on the rise by TripAdvisor travelers.

With white sands and beautifully clear waters, top-notch restaurants and beach clubs, and activities that range from swimming in stunning cenotes to visiting preserved Mayan ruins, it's clear to see why Tulum ends up on so many bucket lists. 

We've put together a collection of 20 photographs that will convince you to add Tulum to yours.

SEE ALSO: 15 photos that show why the rich and famous love to travel to St. Barts

DON'T FORGET: Follow Business Insider's lifestyle page on Facebook!

Unlike the bustling party town of Cancun, Tulum offers travelers a more relaxed beach getaway, with miles of pristine white sands and glistening waters. Still, there's plenty here to explore.



For an incredible display of natural beauty, head to the Sian Ka’an Biosphere Reserve, which remains the largest protected area in the Mexican Caribbean. The UNESCO World Heritage Site is home to tropical forests, marshes, animals ranging from monkeys to flamingos, plus more than 300 bird species.

Click here to learn more about Sian Ka'an »



Travelers will also find some of the region's best reef diving and snorkeling locations in its world-famous cenotes, which are freshwater pools that connect via underground rivers. Some of the cenotes are extremely clear, offering more than 300 feet of underwater visibility.

Click here to learn more about diving in Tulum »



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Here's what the oldest people in the world eat and drink every day

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Elderly woman

This morning, we read that the oldest woman in the world, Susannah Mushatt Jones, age 116, eats four strips of bacon every morning.

This, coupled with a June report that supercentenarian Agnes Fenton, age 110, credits her age to three bottles of Miller Light everyday made us realize that we might consider changing some things up.

Maybe we should be eating less kale and quinoa and more whiskey and ice cream.

Here is what to eat and drink for longevity, according to the oldest people in the world.

 

SEE ALSO: The oldest person in the world told us her secrets to a long life

Suannah Mushatt Jones, Age 116

Four strips of bacon every morning, and Doublemint gum throughout the day.



Agnes Fenton, Age 110

Three bottles of Miller High Life and a shot of Johnnie Walker whiskey everyday.



Richard Overton, Age 108

One tablespoon of whiskey in morning coffee.



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These are the most incredible photos of the US Army in 2015

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US Army 2015 Chinook

The US Army had just as busy a year in 2015 as ever.

With training exercises with global partners around the globe and at home, it maintained its everlasting vigilance. In order to showcase all of the Army's exploits from the past year, the branch compiled a year in pictures.

We have selected some of the best below.

SEE ALSO: The 50 best US military pictures of 2015

January 3: Medal of Honor recipient retired Master Sgt. Leroy Petry walks onto the field of the Alamodome in San Antonio with World War II veteran Richard Overton in San Antonio. Petry, awarded the Medal of Honor last year for efforts in Afghanistan, and Overton, the oldest living World War II veteran at 108, delivered the game ball at the US Army All-American Bowl.



January 21: A US Army soldier, participating in a rotation at Lighting Academy's Jungle Operations Training Center, crosses a river at the 25th Infantry Division East Range Training Complex in Hawaii.



February 3: US Army Capt. Ryan Mortensen, a chaplain assigned to 1st Battalion, 27th Infantry Regiment, 2nd Stryker Brigade Combat Team, 25th Infantry Division, interacts with children of the Middle Mosque of Lopburi, Thailand. Cobra Gold 15 allows US soldiers to bond with the Thai community, continuing a 182-year tradition of friendship.



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The 16 best countries in Europe if you want to get a job

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EU European Union flag golf costume ryder cup

High levels of employment and job creation are crucial factors in ensuring that countries have strong economic development, and that people are happy and prosperous.

On the world stage, Europe is a pretty good place to be if you want a job, but within Europe, rates of employment vary massively from country to country.

That's why salary comparison website Glassdoor has compiled a ranking of the best countries in Europe for getting a job as part of its Economic Research Report.

Using data provided by both Eurostat — the European Union's data organisation — and the OECD, Glassdoor ranked several different employment variables, before weighting each one, and giving each country an overall rating, from 0.0 to 1.0.

The variables Glassdoor measured were:

  • Change in employment levels since the financial crisis
  • The harmonised unemployment rate
  • The youth unemployment rate
  • Temporary employment rate
  • Youth temporary employment rate
  • The number of people working part-time involuntarily.

Most of the countries on the list are high powered western European nations with strong economies, but a few of the states featured might be something of a surprise. Check out the ranking below.

16. SPAIN — Spain scored pretty poorly across the board, with an overall score of just 0.1. It didn't get any points in the youth unemployment, temporary employment, and youth temporary employment categories. This probably isn't too surprising considering the country's well-documented unemployment crisis in the last few years.



15. GREECE — Another country where unemployment has been a massive problem in recent years, Greece scores far better than Spain in a couple of categories. It got an "average" score in both temporary unemployment indicators.



14. PORTUGAL — Portugal got an overall score of 0.4, but got below average scores in every category. It scored highest in the involuntary part-time work indicator, where it received 0.7.



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This presentation tells you everything you need to launch a career in asset management

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Dr. Michael Burry

A career in finance used to mean going straight into an investment bank from university.

But tougher regulations, lower pay, and a work culture of long hours are making that a less attractive prospect.

If a career in a bank doesn't sound attractive but you still want to manage other people's money, then asset management could be for you. 

The firms are smaller, leaner and can have a more collegiate atmosphere. But it's hard to get a job.

Luckily, Sebastian Stewart, head of client services at Somerset Capital Management, has a presentation that can fix that.

Stewart gave the presentation at a conference organised by Stanhope Capital in December and we got hold of the slides.

Asset management is a term that can be used to refer to a lot of different things.



It's about how, where, and when to invest.



A firm uses roughly the same resources for managing small or large amounts of money.



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The 5 ways you can get a better career without changing jobs

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officespacemiltonlarge

The New Year usually brings a spike in people looking to change jobs.

In fact, 21% of workers returning to the office after the festive break are already planning to change jobs in 2016, according to research by HR and people management consultancy Penna.

Of course, most people want to switch jobs because they want better pay, benefits, and greater developments in their career. 

Bev White, Managing Director at Penna Career Services, told Business Insider that "many people will be lured by the prospect of drastic change at this time of year, particularly as resolutions are strong and heartfelt, and the thought of a decent pay rise is tempting too.

"But changing jobs will have long term ramifications on your life, so it is a decision that shouldn’t be taken as lightly as a new annual gym membership."

The survey of 1,000 full-time employees revealed that those aged 18 to 24 were most likely to be planning a career move this year, with 32% looking to do so.

But Bev White at Penna, which helps companies engage employees and retain talent, told Business Insider that there are some key tips in how you can channel your employer's eagerness to keep you on into developing your career without having to go through the hassle of jumping ship to elsewhere.

5. Grab more coffees with your manager for informal appraisals

Usually companies have annual appraisals but Penna's White says they are "outdated and no longer fit for purpose."

Although many companies still insist on them, White says that by asking your managers for more regular and informal career conversations, even over coffee, not only helps you stay on the right track but you can increase your development and amend your career path more effectively this way.



4. Check to see if there is another role within the company

Changing jobs doesn't mean you have to leave the company. Penna's White says that "many organisations are keen to hold on to talented people, so approach your manager or HR department about whether there is an opportunity to work elsewhere within the business."

Worried that you are stuck on one career path? Well, White says that even if you love your job in accounting, for example, but are no longer excited to be working in the commercial team, you can see if you can switch to an international division.



3. Get your company to pay for more training.

Penna's survey showed that 44% of people looking to change jobs was because of potentially greater development opportunities elsewhere.

However, you could just ask your company that you work for already to do that for you.

"Why not ask your manager what training opportunities they can put you forward for? Better still, go prepared with a list of training opportunities you want to pursue and show the impact it will have on your professional development and also the company," says White.

She says that it's win-win situation because the business benefits from your additional skills without having to recruit and you become more marketable in the future.



See the rest of the story at Business Insider

Apple asked 11 artists to create art using iPhones and iPads — and the results are stunning (AAPL)

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Jake Sargeant Apple

Apple's "Start Something New" campaign aims to show the world how creativity is possible on an iPhone. The company commissioned 11 artists to create artwork using only an iPhone and various third-party apps. 

The work ranges from impressionistic to realistic, with a variety of different scenes and inspirations. 

Darren Pearson made this work, entitled "Drawing with Light," with an Apple Watch and an iPhone 6s Plus. 



Lu Jin created "Painting fluid landscapes" with an iPhone 6s and a Mac. 



Tiffany Bozic created "Illustrating nature through its details" with an iPad Pro and Apple Pencil. 



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JPMorgan's complete guide to everything going on in global markets right now (DIA, SPX, SPY, QQQ, TLT, IWM)

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jpm guide q4 page 001

With the start of the new year, markets are trying to shake off a lackluster 2015 in which the S&P 500 and Dow Jones indexes both finished down for the year for the first time since 2008.

The Federal Reserve also lifted off from 0% interest rates for the first time in 7 years while most other central banks have been maintaining incredibly low rates.

There were also worries over the high yield credit market and fears of a stumble in China once gain.

JPMorgan Asset Management's David Kelly and team have surveyed the economic landscape and released their first-quarter presentation outlining the state of the markets and more.

Thanks to JPMorgan Asset Management for giving us permission to feature this presentation.







See the rest of the story at Business Insider

18 robots that failed hilariously at their jobs

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Simone Gertz Shitty Robots Reddit

If you love watching technology malfunction, look no further than the subreddit /r/shittyrobots.

The rules are simple: submit a gif or video showing a less-than-stellar robot in the midst of a miserable failure.

Though this isn't the first subreddit of its kind, "Sh*tty Robots" has the added benefit of being visually hilarious while also giving peeks at potential capabilities of robotics in the near future.

From food dispensers to garbage trucks, scroll down for a look at the best of the worst.

The subreddit was created in June 2014. After one week, the community already had 5,000 subscribers. Today, /r/shittyrobots boasts 105,000 members.

RAW Embed

Source: Reddit



Each gif or video tends to have a really funny ending. This shifty-eyed robot cheating in tic-tac-toe is clever, but clearly failed to understand all the rules.

RAW Embed

Source: Reddit



Though a robot with Oreo-chopping ability would be nice, apparently that's too much to ask of this machine.

RAW Embed

Source: Reddit



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Tour the remote island where the most secret scene in 'Star Wars' was filmed

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The final scenes of "Star Wars: The Force Awakens" take viewers to a distant, remote planet. Similarly, the real-life stage for Luke Skywalker's hideway is a remote island located off the coast of Ireland called Skellig Michael.

Now that "The Force Awakens" has been in theaters for a few weeks, Ireland's tourism site wants to show off the island where the crew filmed. Discover Ireland even released a brief behind-the-scenes video to attract visitors.

There's a good chance we'll be seeing more of Skellig Michael in 2017's next "Star Wars" movie since that's where the film leaves off.

Keep reading to explore Ireland's remote destination.

Here's Skellig Michael, which served as Luke's hideout in "The Force Awakens."



It's one of two islands located off the southwest coast of Ireland.



The island was home to monks who removed themselves from civilization between the sixth and eighth centuries to practice Christianity for an estimated 600 years.

Sources: Skellig Experience, World Heritage Ireland 



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3 things every young Wall Streeter needs to know going into bonus season

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poker

It is the most wonderful time of year on Wall Street.

That's because it's bonus season!

We spoke with a veteran bank analyst and hedge fund portfolio manager, and he had three rules for young Wall Streeters going through the bonus process.

We've included them below. Take notes.

**If you have any insights into bonus season (comp numbers, expected dates, tips, advice, tales of success, excess, or horror stories) feel free to send an email to jlaroche@businessinsider.com. We'll be discreet!

1. Clearly outline your goals.

"There will definitely be people that kiss up to the managing director. That's part of Wall Street," the person said.

But there's something that works even better than that — setting goals with your boss. 

At the beginning of the year, the boss will go over your progress and goals going into the next year. 

"Let's say I'm an executive director and I say that 'my goal is to make managing director.' My boss will say, 'Look that's a big ambitious goal, but here's what I'm going to need to see from you in order to fight for you to be a managing director.'"

During this conversation, you'll want to clearly state your goals. Those goals are usually around titles, not money. However, you can suggest that you weren't happy with your previous bonus number and that you want to work really hard to reach a certain level next year.

"By the end of the year, your boss can refer to the goals that you set. At the very least, the boss can say, 'We know you wanted a bigger bonus, but look at the goals you gave me, and you didn't hit those goals.'" 



2. Put your name on game-changing projects.

"Young people suffer with managing directors getting credit for the project that young person really did. MDs know this. You have to have your name on that successful project. The whole thought of 'I worked I hard, I hope people noticed' doesn't work. It's not that easy. You need to strategically work on projects that add value to the firm and are impactful."

The person said that either your boss will put you on that project or you can raise your hand when an opportunity arises.

"Sell-side doesn't pay for the current year. It's based off your future potential to the firm. If they think you will be a rock star and you have your name on the right projects, you're the person they're going to over pay. That's who you want to be."



3. Don't take vacation right before the bonus.

This might sound pretty simple, but it is surprisingly important.

"If you take a vacation, take it after bonus season. Don't make the mistake of taking a two-week vacation right before the bonus." 



See the rest of the story at Business Insider

Samsung has a ton of new gadgets for your home

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samsung ces keynote 5249 family hub refrigerator smart fridge

Samsung showed off an onslaught of new gadgets for the home and everyday life at its CES 2016 press conference on Tuesday.

While none of the toys knocked us off our feet, one thing's certain: Samsung wants to make your life easier. It's taking steps to improve products you use daily, rather than introduce new product categories.

The tech giant introduced small adjustments to appliances — like the ability to add an item to a washing machine's load once it's already started the cycle, and cameras inside refrigerators so you can check your dinner supplies remotely from a smartphone app — that make household chores all the more convenient.

Let's take a look.

When president and COO of Samsung Electronics America Tim Baxter took the stage at the company's press conference, he talked about minimizing consumer pain points.



One way the company hopes to achieve that is through the SmartThings Extend USB Adapter, a pocket-sized dongle that allows Samsung's televisions to control over 200 products, from lights to outlets, in the SmartThings ecosystem.



Next, Samsung's Joe Stinziano, executive vice president, introduced a new line of televisions given the overly complicated name, Ultra Slim SUHD TV.



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These are the 12 largest nuclear detonations in history

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In a surprise announcement, North Korea has claimed that it successfully tested a hydrogen bomb. 

Pyongyang, which has a history of exaggerating its successes, claims that the test was a "perfect success."

North Korea also believes that its successful miniaturization of a hydrogen bomb elevates the country's "nuclear might to the next level."

Since the first nuclear test on July 15, 1945, there have been over 2,051 other nuclear weapons tests around the world. 

No other force epitomizes the absolute destructive power humanity has unlocked in the way nuclear weapons have. And the weapons rapidly became more powerful in the decades after that first test.

The device tested in 1945 had a 20 kiloton yield, meaning it had the explosive force of 20,000 tons of TNT. Within 20 years, the US and USSR tested nuclear weapons larger than 10 megatons, or 10 million tons of TNT. For scale, these weapons were at least 500 times as strong as the first atomic bomb.

To put the size of history's largest nuclear blasts to scale, we have used Alex Wellerstein's Nukemap, a tool for visualizing the terrifying real-world impact of a nuclear explosion.

In the following maps, the first ring of the blast is the fireball, followed by the radiation radius. In the pink radius, almost all buildings are demolished and fatalities approach 100%. In the gray radius, stronger buildings would weather the blast, but injuries are nearly universal. In the orange radius, people with exposed skin would suffer from third-degree burns, and flammable materials would catch on fire, leading to possible firestorms. 

11 (tie). Soviet Tests #158 and #168

On August 25 and September 19, 1962, less than a month apart, the USSR conducted nuclear tests #158 and #168. Both tests were held over the Novaya Zemlya region of Russia, an archipelago to the north of Russia near the Arctic Ocean. 

No film or photographs of the tests have been released, but both tests included the use of 10-megaton atomic bombs. These blasts would have incinerated everything within 1.77 square miles of their epicenters while causing third-degree burns up to an area of 1,090 square miles. 



10. Ivy Mike

On November 1, 1952, the US tested Ivy Mike over the Marshall Islands. Ivy Mike was the world's first hydrogen bomb and had a yield of 10.4 megatons, making it 700 times as strong as the first atomic bomb. 

Ivy Mike's detonation was so powerful that it vaporized the Elugelab Island where it was detonated, leaving in its place a 164-foot-deep crater. The explosion's mushroom cloud traveled 30 miles into the atmosphere. 



9. Castle Romeo

Romeo was the second US nuclear detonation of the Castle Series of tests, which were conducted in 1954. All of the detonations took place over Bikini Atoll. Castle Romeo was the third-most powerful test of the series and had a yield of 11 megatons. 

Romeo was the first device to be tested on a barge over open water instead of on a reef, as the US was quickly running out of islands upon which it could test nuclear weapons.

The blast would have incinerated everything within 1.91 square miles.



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9 ways to eat healthy on a budget

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healthy food veggies

Want to eat healthier and save more money in the New Year? Contrary to popular belief, those two things aren't mutually exclusive. It's possible to make better food choices without spending a fortune; you just have to know where to look.

We rounded up a few tips to help you get started on your 2016 resolutions. Read on, then tell us how you save on healthy foods for your family!

SEE ALSO: 9 tips to save money on food, from the woman who wrote the book on eating for $4 a day

1. Join a CSA.

Community Supported Agriculture (CSA) is a great way to get high-quality, nutritious food at a cheaper price than you'd find at the grocery store. The way it works is, you buy a share of a local farm's harvest up front (usually $400 to $700 per year), and then pick up a weekly box with fresh, seasonal produce.

When it comes to CSAs, you'll only save if you use everything in the box. If you're cooking for one, are a picky eater, or aren't a skilled cook, it might not be worth the investment. If an entire share seems overwhelming, most farms offer half-shares, or you can try splitting a full share with a friend.



2. Eat cheaper protein sources.

Boneless, skinless chicken breasts may be the quintessential healthy protein, but they're one of the least economical. Whole chickens — even rotisserie ones — are cheaper by the pound, and can be stretched for more meals. The same goes for large cuts of beef, pork, or lamb, which are great for the slow cooker.

Thinking beyond meat, fish and poultry can save you some money as well. Beans are cheap and filling, and dried ones are even cheaper than the canned version. Cutting the meat in a curry or chili by half and supplementing with beans or lentils is a great way to add fiber to your meals while also cutting down the cost.

Eggs are also less expensive than many meats, and are a versatile protein source, even if you're buying organic. They can be added to vegetable stir-fries and casseroles to make them more filling, and a frittata is a great, fast weeknight dinner.



3. Join a co-op.

Your local food cooperative is often a great way to save money, but you'll probably have to work a shift or two each month. If you have the free time, it's a great way to get high-quality food on the cheap and support your community — a win-win.

If you do join a co-op, make sure it's in a location that's convenient, otherwise you might be tempted to shell out more cash for food that's closer to home.

4. Buy store-brand organics.

Whole Foods may be nicknamed "Whole Paycheck," but there are some deals to be had with their store brand, 365 Everyday Value. In fact, in 2016 they're launching affordable stores in some urban areas called 365 by Whole Foods, with plans to double them the year after.

Many supermarkets now have their own organic brands. Stop & Shop has Nature's Promise, Aldi has Simply Nature, and Kroger has Simple Truth; the price tags with these organic lines are often much lower than competing brands.



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8 photos of world leaders crying in public

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barack obama crying tear tears

President Barack Obama teared up on Tuesday while discussing the 2012 mass shooting in Newtown, Connecticut, that left 20 young children dead.

"Every time I think about those kids, it gets me mad," Obama said as tears slid down his face. "And by the way, it happens on the streets of Chicago every day."

Obama was in the middle of an emotional speech at the White House, in which he unveiled his new executive action that he said would help curb gun violence.

But Obama was hardly the first world leader to cry in public.

On Wednesday, Reuters published the following package of photos featuring other politicians tearing up, including Russian President Vladimir Putin and North Korean Supreme Leader Kim Jong-un.

SEE ALSO: TRUMP: I'll go down 5 points in the polls by saying this, but I think Obama's tears were real

Vladimir Putin



Kim Jong-un



Justin Trudeau



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Here are our biggest men’s style predictions for 2016

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Saint Laurent

The only way to truly stay ahead of a trend is to predict it.

We've gotten ahead of the curve and outlined some of the hottest trends and styles you'll see blowing up this year.

From what we've seen on the street, on the runways, on the screen, and in the stores, here are 11 of our best predictions for the trends that will live and die in the new year.

Have a burning men's style question? Ask me, and I may answer you in a future post. Email me at dgreen@businessinsider.com with the subject line "Men's style question".

SEE ALSO: 8 New Year's style resolutions every guy should make

DON'T FORGET: Follow Business Insider's lifestyle page on Facebook!

Suits will continue to loosen up a bit, but they'll retain a trim fit.

The prevailing fit of suits will loosen slightly from that ultra-tight look men were sporting a few years ago. With a looser jacket fit, less of a "v-shape" will be coming down from the bottom, the pants will be a little less slim, and less ankle will show.

Overall, suits will become a little more conservatively cut, but still trim.



Suits will also embrace more color, but retain a conservative style.

As suits fit more conservatively, guys are looking for other ways to make it stand out. One of those ways will be with color, we predict. 

We're not talking anything crazy here. Maybe there will be a few more stripes and patterns, or a subtle weave in the suit, or instead of regular navy guys will opt for the trendier "new navy," which is just a brighter navy color. This also extends to tuxedos, where we predict more men will explore midnight navy blue tuxedos when black tie is called for.



Athleisure will continue to dominate casual wear.

Trendy sportswear will continue to be seen in both the gym and on the sidewalk in 2016.

The gym-clothes-gone-luxury trend will continue to gain steam, sometimes intermingling with other aesthetics. Sweat clothing in particular will continue to be popular.



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A pair of Harvard students have designed 160-square-foot 'tiny houses' that could be the future of weekend getaways

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Sometimes, vacations are more trouble than they're worth. You spend a lot of money, travel far, and leave stressed.

Getaway, a hospitality startup launched in the Harvard Innovation Lab, shakes up that routine by offering tiny houses for rent. Relaxing in the forest reins in the temptation to take day trips or shop, leaving guests to unwind. It's like camping, but with the creature comforts of home.

The company maintains three 160-square-foot tiny houses in the Massachusetts woods, which guests can book for $99 a night. The location of the homes is is top-secret, but all are within a two-hour drive of Boston. 

Tech Insider spoke with the Jon Staff, the CEO of Getaway and a Harvard Business School student, to see why tiny houses might be the future of tourism.

Getaway, founded by two Harvard graduate students, aims to provide a convenient and affordable way to disconnect from the daily grind.



"We really want you to do nothing at all," says Staff.



This is the Ovida, the first tiny home designed and built by Getaway.



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