Quantcast
Channel: Features
Viewing all 61683 articles
Browse latest View live

12 photos of the extreme fandom 'Star Wars' inspires around the world

$
0
0

A man nicknamed Ikemasa, 37, who didn't want to give his real name, poses for a photo while dressed as Darth Vader next to his Star Wars collection at his home in Tokyo, Japan, December 4, 2015. Ikemasa said that when his 2 year old son sees Darth Vader in a TV program or movie, he calls

There's no denying the immense cultural impact "Star Wars" has had — not just on the movie industry, but on the hundreds of thousands of dedicated fans who have been faithfully following since their first introduction to the original trilogy.

Scores of themed conventions, collectible items, and exhibitions feed these devoted fans when they're not actually watching the movies.

The trailer for the new spinoff movie, "Rogue One: A Star Wars Story," was released on Thursday, and fans seem to be receiving it well.

Although George Lucas' decision to sell Lucasfilm to Disney in 2012 was met with mixed reactions from the industry and fans, the die-hard "Star Wars" community hasn't been too shaken.

Below are 12 fans who have taken their obsession to a new level:

SEE ALSO: A daredevil photographer shares how he got more than 666,000 Instagram followers for his jaw-dropping shots

Married couple Yusuke and Anna Yamana met at a fan event in Japan in 2011. Together they've built a collection of memorabilia that they keep in their home in Yokohama, south of Tokyo.



Graphic designer and collector Julian Peacock told Reuters that "Star Wars" was "an escape to a happy place...a more innocent time in my childhood." His wife supports his collection of "Star Wars" figurines, including his life-size stormtrooper uniform.



Matt Booker has a collection of over 8,000 Boba Fett pieces.



See the rest of the story at Business Insider

This teen Victoria's Secret model is rumored to be dating Leonardo DiCaprio

$
0
0

chelsey weimar

Leonardo DiCaprio is known for many things — his heavily anticipated Oscar win, rowdy partying habits, and string of girlfriends.

His latest rumored girlfriend is a 19-year-old commercial model, according to Page Six.

Chelsey Weimar has modeled for Victoria's Secret's younger sister brand, Pink, Page Six has pointed out.

Here's a look at her life, from her Instagram:

SEE ALSO: How Victoria's Secret models look so good for the Fashion Show

Weimar is a Pink model.

Instagram Embed:
http://instagram.com/p/BDhvp1ROfuR/embed/
Width: 658px



She posts behind-the-scenes photos during shoots.

Instagram Embed:
http://instagram.com/p/BC50-kAuftO/embed/
Width: 658px

 



Here's a selfie she took during a shoot a few weeks ago.

Instagram Embed:
http://instagram.com/p/BC2MMh7OfoF/embed/
Width: 658px

 



See the rest of the story at Business Insider

14 places to go if the world is going to end

$
0
0

asteroid slooh pitbull

December's weather has been pretty much apocalyptic in some parts of the world. Huge parts of Brazil, Uruguay, Paraguay, Argentina, and the UK have been heavily hit by floods.

Add to this the devastating, unseasonal tornadoes in Texas, and the crazily high temperatures of the US East Coast and in continental Europe.

Man-made climate change is starting to take its toll, and the world will soon officially have warmed up by 1 degree Celsius since 1900, causing massive changes to our planet. 

There's also the rise of Islamic State, and increasing tensions between Russia and Turkey after the latter shot down a Russian military plane in November. All in all, the world is in a bit of trouble.

Humanity has already survived a financial crisis, and warnings of the Mayan Apocalypse in the past decade, but if 2016 is the year the world does finally start to collapse, we think you should know where to head to survive.

We have selected places that we expect will remain fortresses of stability, safety, and prosperity no matter what the world throws at them.

 

SEE ALSO: 2015 will mark a 'symbolic and significant milestone' for Earth in the worst way possible

Iceland

Iceland is by far the most isolated country in Europe, located hundreds of miles from any other land, making it tricky for any potential invaders to get to.

The country is also awash with useful resources for staying alive. It is powered almost entirely by geothermal energy from the country's many active volcanoes, and its coastal waters have some of the best and most abundant seafood anywhere in the world. So in the event of having to hole out on the island for a long time, you can rely on being warm and well fed.

Iceland also survived a near total collapse of its banking system during the financial crisis, so you know its citizens are pretty resilient, essential if the end of the world does come.



Tristan da Cunha

This island chain in the south Atlantic is actually the world's most remote inhabited archipelago, more than 2,000 kilometers from the nearest land. The population is just over 300, so we're sure they're looking for new residents. It's known for excellent fishing — the perfect career if times were to get really bad.



Guam

This is one for American patriots, who can take refuge in this far-flung outpost of America. Guam is situated in the Pacific, and it is home to a massive American military presence, perfect for keeping people safe in the event that Russian-Turkish relations go downhill and we find ourselves in the middle of World War III.

Guam isn't exactly home to a booming economy, however, with most of its income coming from tourists and the US government.



See the rest of the story at Business Insider

The 5 best new songs you can stream right now

$
0
0

drakeNow that music comes out on the weekend, and not always on every streaming service, it can be hard to know where to find the next great song.

So Business Insider is helping you with this rundown of the best of what's new in the music world that you can listen to right now.

Chance the Rapper — “Angels” (ft. Saba)

Chance the Rapper’s “Angels” isn’t new, but the video is his thinly veiled rebuke to Spike Lee’s “Chi-Raq,” which imagines the artist flying through his hometown, a real-life superhero with a White Sox hat.

Chance embraces the soulful, fun spirit that keeps Chicago moving through any struggle, and the video’s goofy art direction recalls old-school Missy Elliott. It’s another reminder that, young though he may be, Chance is essential.

Youtube Embed:
http://www.youtube.com/embed/eedeXTWZUn8
Width: 853px
Height: 480px

 



Drake — "One Dance"

We are on the cusp of Drake’s first album in almost three years, "Views from the 6." On Tuesday he delighted fans by dropping two new singles, the best of which is “One Dance,” featuring Nigerian singer WizKid and R&B vocalist Kyla.

The song’s Jamaican vibe is a recurring trend for Drake of late, and a place he’s been able to thrive. "Views from the 6" is out later this month.

Listen via Apple Music



Tegan and Sara — "Boyfriend"

Twin sisters Tegan and Sara are back with the lead single off of their upcoming album, “Love You to Death.” The tune, which is about a love triangle, is short, but its pleasing pop vibes will make you want to listen again, and again, and again.

RAW Embed

 



See the rest of the story at Business Insider

Here's why landing a rocket on a ship just might save humanity

$
0
0

Falcon ship

Remember this day: Friday, April 8, 2016.

It's when SpaceX, a company led by tech entrepreneur Elon Musk, may have pushed the course of human history more rapidly toward the stars.

Minutes after SpaceX successfully launched a 229-foot-tall Falcon 9 rocket from Cape Canaveral, Florida, the first and biggest part of it fell back to Earth.

But that multi-million-dollar rocket stage did not become junk at the bottom of the ocean, like nearly all rockets before it.

Instead, the rocket stage landed itself on an autonomous drone ship in the Atlantic Ocean.

Here's how SpaceX pulled off the incredible feat and what it might mean for the future of humanity.

Right now we rely on rockets to launch things like satellites and supplies for the International Space Station into space.



But just one rocket costs over $60 million, and you can only use it once. Amazon founder and space entrepreneur Jeff Bezos has compared it to using a 747 to fly across the country once and then throwing the plane away.

Source: Tech Insider



That's why Elon Musk's SpaceX and Bezos' rocket company Blue Origin are trying to develop reusable rockets.



See the rest of the story at Business Insider

15 questions to ask to make sure your financial adviser is working in your best interest

$
0
0

hand raise

On Wednesday, the US Department of Labor announced a new fiduciary rule, which will require investment advisers to put client interests above their own when it comes to overseeing retirement accounts.

For investments other than retirement accounts, it's important to know that every financial adviser isn't required to always act in your best interest. Conflicts of interest such as products that carry higher commissions can influence an adviser's advice unless they're acting as a fiduciary, meaning they must recommend products and strategies that are in the client's best interest.

"When you think about it, it's amazing how much control financial advisors have over our lives," writes Liz Davidson in her book, "What Your Financial Advisor Isn't Telling You.""Choose one who is actually a criminal, and it is possible to lose your entire nest egg."

That being said, you shouldn't write off financial advisers completely. "To completely eschew using an advisor can be as big a mistake as picking the wrong one," Davidson says. "When you need financial advice, they can be a tremendous help — it's just a matter of finding the best one for your situation (and being able to spot the Bernie Madoffs of the world before you hand over your life savings)."

To help you sniff out the good from the bad, we rounded up 15 questions to ask prospective advisers, from the Department of Labor's guide for consumers on how to tell if your adviser is working in your best interest.

SEE ALSO: The Obama administration's new $12 trillion-dollar rule highlights a major misconception people have about financial advice

1. Do you consider yourself a fiduciary?

A fiduciary has a legal duty to act in your best interest and can be sued for taking actions otherwise.

Those not working to the fiduciary standard are held only to a suitability standard, meaning their advice must be suitable for the clients' financial situation, but is not necessarily in their best interest.

"Very few financial advisors hold themselves out to be fiduciaries, and even fewer will sign an agreement that states, in no uncertain terms, that they are operating in a fiduciary capacity as your advisor," Davidson explains. "However, if you can find one who is willing to do this, you are automatically putting yourself in a safer position."

More specific questions you can ask:

• If not (a fiduciary), why not?

• Are you willing to act as a fiduciary with a duty to act solely on my behalf?

• Are you willing to disclose to me any conflicts of interest that may interfere with your acting solely on my behalf?

• Are you willing to put this commitment in writing?

It's important to be specific when asking about whether or not they're a fiduciary, since many advisers are dually registered as a broker (only subject to the suitability standard) and a fiduciary. Dually registered advisers can switch roles, thereby blurring the broker-fiduciary line.

As Harold Pollack and Helaine Olen explain in their book, "The Index Card,""You need to ask and ask quite specifically: Do you work to the fiduciary standard at all times? This last part, 'at all times,' is important. As the fine print on brokerage forms indicates, the fact that an adviser commits to a fiduciary standard for some of her dealings with you does not hold her to this standard in others."



How are you compensated?

This is one of the most important questions to have in your back pocket. Unbeknownst to many, a lot of advisers earn commissions by recommending certain financial products and services to you.

"The problem is that this system incentivizes advisors to sell high-fee investments, annuities, and insurance," Davidson explains. "High-fee mutual funds, annuities, and insurance policies typically perform worse than lower-fee options because the fees eat into your return."

You'll want to ask your adviser if they're allowed to sell investments outside of what their employer offers, Davidson says: "If the answer is no, chances are that you should decide not to limit your financial success by working with these advisors. If the answer is yes, find out exactly how selling outside investments affects each advisor." For example, will they get a lower commission for selling outside investments?

More specific questions you can ask:

• Do you earn fees or commissions based on the number of products that I buy or the size of my investment?

• Will you earn a higher fee or other type of compensation if I invest in certain products you recommend or will you receive fees for services related to specific investment products?

• Will you provide a list of the fees and commissions you receive either directly from me or from other sources in writing?



Are you a licensed or registered investment adviser?

"Financial planning requires proper training," Davidson explains. "Like a surgeon who is not properly trained and prone to make mistakes, your financial advisor may simply not have the training, knowledge, or experience to deliver sound advice to you."

Davidson recommends looking for an adviser with at least 10 years of experience in financial planning and who has a CFP (certified financial planner) designation, which is considered the "gold standard" for financial planning. To give you an idea of the training required for this designation, "the pass rate for the exam to become a CFP certificant is about the same as the pass rate on the bar exam that law school grads are required to take in order to practice law," she explains.

Ask your adviser about their experience and certifications — and then verify it. Davidson recommends using www.finra.org: "Type your adviser's name into the FINRA database and you'll learn what securities licenses this person actually has and, even more important, whether or not any complaints, disciplinary actions, suspensions, or very frequent changes of employment appear on his or her record ... You'll want to see a completely clean record ... Even a single complaint, and certainly any disciplinary action, is a major red flag."

More specific questions you can ask:

• Are you registered with the State, US Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), or the CFP board?

• For how long? What is your experience?

• Who supervises you, or, are you a sole practitioner?

• If a sole practitioner, do you have professional liability insurance?

• Have you (or your firm) ever been disciplined? For what?

Read the DOL's full guide for consumers on how to tell if your adviser is working in your best interest.



See the rest of the story at Business Insider

These stunning before-and-after photos show why this unconventional diet is taking the industry by storm

$
0
0

21 day fix

The 21-Day Fix is taking over the diet industry.

It comes from Beachbody, the same company that brought the world the notoriously intense at-home workouts Insanity and P90X. There's a nutrition plan that comes with the workouts, too.

The 21-Day Fix promises that, in just 21 days, you'll see major results — a claim that has come under fire.

The diet "is just what they call it — a fix. To maintain a healthy weight and mentality, you need to make a lifestyle change. I don't like the idea that the name deceives you a little bit here," Kait Hanson wrote on The Huffington Post.

But people post wild photos on Instagram to show how far they've come in a shockingly short period of time, suggesting that the plan could truly work.

Here's what you need to know about the diet trend:

SEE ALSO: These stunning before-and-after photos are helping an Instagram star launch a fitness empire

The workout schedule is pretty simple: You have six 30-minute workouts.

Instagram Embed:
http://instagram.com/p/BDxmt6yEMU3/embed/
Width: 658px


They include pilates, yoga, cardio, and upper and body strength training. People who order the workout DVDs through Beachbody get a seventh bonus workout.



They're led by trainer Autumn Calabrese.

Instagram Embed:
http://instagram.com/p/9oG10kDzRQ/embed/
Width: 658px



She's a mom.

Instagram Embed:
http://instagram.com/p/8ZHTnWjzRE/embed/
Width: 658px


Sure, Calabrese's physique may seem unattainable, but the fact that she, too, has to balance her schedule with raising a kid makes her more relatable.



See the rest of the story at Business Insider

Meet the CEO who oversees 50 restaurants and eats 4,000 calories a day

$
0
0

Screen Shot 2016 04 04 at 5.14.17 PM

Most people consume about 2,000 calories a day. Restaurateur Sam Fox often eats double that — sometimes all before lunch.

As the CEO and founder of Fox Restaurant Concepts, Fox oversees about 50 restaurants in eight states and spends at least part of each day tasting the menus.

We recently spoke to Fox to find out what it's like run restaurants and eat 4,000 calories a day:

SEE ALSO: Here's what it's like to be one of the 24 greeting card writers at Hallmark — a $3.8 billion company that makes 10,000 cards a year

'I had an early introduction to the restaurant world.'

"My parents had a couple Mom and Pop restaurants where you worked six and seven days a week and it was truly a job just to support the family. It wasn't as glamorous in the 70s as it is today. 

"So all my life the school bus would drop me off at my parents restaurant, and I would sit at a booth and do my homework and then help them in the kitchen as a bus boy or waiter.

"I loved it. It was something that I was inherently good at and you always gravitate toward those things."



'Here's how I opened my first restaurant ... '

"I was studying real estate finance at the University of Arizona when my parents decided to move to Florida so I dropped out at 20 and took the remaining tuition money and applied that to one of my first restaurants."



'The test kitchen is always in motion.'

"I'm always testing food. My office is above the test kitchen, which is also above one of my restaurants so we're constantly working on food. 

"Sometimes they bring food to my desk, and I'll have a three to four course tasting at my desk. A lot of times I'll invite friends in for tastings to get feedback. When I'm traveling, I'll bring out the chef team for a week or two, and we'll go to one of my restaurants and the farmers market everyday and play around with food.

"Tasting takes about 25% of our time on a weekly basis. We're always trying to innovate food and try new things."



See the rest of the story at Business Insider

Thousands of protesters demand David Cameron's resignation after Panama Papers allegations

$
0
0

london protests david cameron

On Saturday morning, a huge crowd of protesters gathered in front of 10 Downing Street, the prime minister's official residence in London, demanding David Cameron's resignation.

Documents from the massive Panama Papers leak show that Cameron profited from Blairmore Holdings, an offshore investment fund, according to The New York Times.

The fund was run by Cameron's father and never paid any tax in the UK.

Cameron initially said that he had not profited from any offshore funds, but the documents show that he made $42,160 in profit from selling the shares in Blairmore from 2010, per The New York Times. 

Cameron had previously condemned wealthy British corporations and individuals who had set up offshore accounts to avoid paying taxes in the UK, according to The New York Times. 

Cameron addressed his supporters on Saturday at the Conservative Party spring forum while protesters chanted for his resignation outside of 10 Downing.

"The facts are I bought shares in a unit trust, shares that are like any other sorts of shares, and paid tax on them in exactly the same way," Cameron told his supporters, according to The Guardian. "I sold those shares, in fact I sold all the shares that I owned on becoming prime minister."

He also pledged that he would be "completely transparent," about publishing everything in his tax returns, The Guardian reported. 

"It has not been a great week," Cameron quipped to his supporters, per the UK Sun. "I know that I should have handled this better. I could have handled this better."

And many people are furious and have called for Cameron's resignation.

The protesters first gathered outside 10 Downing in the morning, and marched to the Conservative Party forum at the Grand Connaught Rooms in Covent Garden, according to The Guardian.

"We’re hoping to have a fun, tropical party vibe and to get ordinary people out rather than committed activist types," Abi Wilkinson, one of the event's organizers, told The Huffington Post.

See below for some pictures and tweets from London:

SEE ALSO: Thousands of people protest in Iceland after prime minister refuses to resign over Panama Papers disclosures

The protests started outside of 10 Downing Street.



Protesters started gathering in front of 10 Downing Street this morning.

 



They carried signs and placards demanding Cameron's resignation.

 



See the rest of the story at Business Insider

8 reasons why driving a supercar isn't as cool as you think

$
0
0

McLaren P1 GTR

Ah, supercars! The Thoroughbreds of the automotive world — they can cost millions; they go very fast, and they attract plenty of attention in traffic and when pulling up to valet lines.

People dream about owning a Ferrari, a Lamborghini, and McLaren, a Pagani, or a Bugatti all their lives, from a tender young age right up until they experience that third or fourth midlife crisis. And although these storied brands make more domesticated, "practical" machines, it's the super-sexy supercars that capture the imagination.

But ... are they really all that?

Well, they are. But they're also, on many levels, beautiful, exotic, alluring, exciting total pains in the ass. Here's why.

SEE ALSO: I Checked Out An Aston Martin, Maserati, Mercedes, Porsche, Lamborghini, And Ferrari — All In The Same Day!

1. They're LOWER to the ground than some reptiles

Ground clearance isn't a supercar forte. It can't be — these high-performance machines are supposed to slip though the air, cheat the wind, and their aerodynamics are designed to keep them glued to the road.

This of course means that a modest blemish in the roadway can result in thousands of dollars in damage to the car. America's crumbling infrastructure is an ever present, high-stress foe. 

It kind of sucks the pleasure out of driving your Lamborghini if you have to keep a constantly watchful eye out for potholes and speed bumps and if you can't even really navigate your own driveway.



2. They have WAY too much power.

What do you do with horsepower in excess of 600 ponies? Who knows, because under 99.99% of driving circumstances, you're not going use it.

You will however still incinerate gasoline at an alarming rate. 

If you do try to tap into the power, you run a gamut of risks. You could ... completely lose control of the car and have a very costly accident. You could pay no attention to your actual speed and endure a very costly speeding ticket. 

You could also just get depressed. Nothing is sadder than a supercar stuck in traffic, looking gorgeous but with no hope of unleashing its potential. You paid for that power! But you'll never get to experience it ...



3. It costs a fortune to buy one — and another fortune to FIX one.

The cheapest supercars are still quite expensive — and you always face the question of whether your sub-$100,000 "supercar" is a true supercar. So you feel the pressure to man up for the pricier shiny metal. 

And then you will invariably:

1. Bang into something and need to get your investment repaired.

2. Have to get something fixed that goes wrong with your ride.

In either case, you'll be parting with huge sums of money. Eye-watering, staggering sums, in fact, if you're used to dropping your Lexus off at the dealership for a brake job.

You may also have to wait months to get the car back.



See the rest of the story at Business Insider

13 things you should accomplish with your money before turning 30

$
0
0

young woman

When it comes to managing money, time is on your side in your 20s.

A head start on saving and investing could mean huge financial gains in the future.

To help you optimize this decade, we've come up with 13 milestones to aim to achieve before hitting 30:

SEE ALSO: The 9 worst money mistakes to make in your 20s

Build an emergency fund.

Life is full of unexpected — and, often, costly — surprises. That's why it's crucial to build an emergency fund.

The amount of savings you need is highly personal, but a general rule is that it's smart to have three to nine months' worth of living expenses tucked away. Of course, you may need more or less depending on your situation.

By 30, you should be at, or well on your way to, that three- to nine-month mark.



Negotiate your salary.

You can't sit around and expect a raise or bonus to fall into your lap. Even if your boss notices your hard work and efficiency, he or she won't necessarily pay you more. You have to ask for what you want.

As personal-finance expert Farnoosh Torabi, who doubled her salary at 26, preaches, "You don't get what you deserve. You get what you negotiate."

There's a right and a wrong way to go about this delicate conversation. Read up on things you should never say in a salary negotiation, know what you're worth before heading into the meeting, and consider tips from a 28-year-old woman who made a $30,000 leap.



Contribute at least 10% of your income to a retirement account.

Retirement is never too far off to neglect, especially since time is on your side when you're young. In fact, when you start to save outweighs how much you save, meaning your 20s are a critical decade.

Many experts recommend putting aside at least 10% of your income. That may not be possible when you're first starting out your career, but it's a good goal to have by 30.

Get in the habit of upping your contribution on a consistent basis — either every six months, at the end of each year, or whenever you get a pay raise — and work your way up to a 10% contribution or more.



See the rest of the story at Business Insider

These mind-blowing photos from astronaut Tim Peake show Earth glowing at night

$
0
0

ISS tim peake space

British astronaut Tim Peake (whose birthday is today, April 7!) has been orbiting the planet for almost four months aboard the International Space Station, a habitable artificial satellite in low Earth orbit that can sometimes be spotted even with the naked eye.

He's part of the European Space Agency's six-month Principia Mission, which has him working to maintain the ISS' weightless research laboratory and conduct experiments. But he's also a photographer — and the images and videos he's taken aboard the ISS are stunning.

Here are a few of our favorites:

 

SEE ALSO: Watch astronaut Scott Kelly’s epic journey back to Earth in 60 seconds

DON'T MISS: This 30-million-year-old cave in New Zealand has a beautiful phenomenon that doesn't exist anywhere else in the world

Italy at night. You can spot the major cities.



New Delhi, India, and the Himalayas in South Asia on a moonlit night.



Progress, a Russian cargo-supply ship, launching into orbit. Progress delivers much-needed supplies to crews stationed aboard the ISS.



See the rest of the story at Business Insider

10 etiquette mistakes no one should ever make at a dinner party

$
0
0

Dinner party

Dinner party etiquette, like most etiquette rules, is often lost or misunderstood.

Which — we think — is a shame, since it's so vitally important to all involved. After all, no one wants to make a fool of themselves.

Dinner parties also aren't just social occasions, as a boss or client may hold one unexpectedly and request your attendance on short notice.

Don't panic — it's a lot easier than it may seem to play the part.

Here are 10 things you must avoid doing if you're going to any kind of dinner party.

SEE ALSO: 10 men's style essentials that look expensive — but aren't

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

Not responding to an invite until the last minute.

Not responding until the last minute says, "I was waiting for something better to come up, but since there isn't anything, I guess I can go." 

Don't send that message — if you're not already busy, say yes immediately.



Show up empty-handed.

Even if nothing is said, it is expected when showing up to someone's house for an event that you not come empty-handed.

A bottle of wine will almost certainly do the trick, no matter the occasion.



Show up underdressed.

Don't think that just because you're among friends you can ignore the dress code. Show respect for the event's hosts and look the part expected of you.



See the rest of the story at Business Insider

FED'S ROSENGREN: These 5 charts show how the market is wrong about interest rates (TLT, TLO, DXY, USD)

$
0
0

The Federal Reserve Bank of Boston's President and CEO Eric S. Rosengren speaks during a conference in New York, in this file photo taken April 17, 2013. REUTERS/Keith Bedford/Files

Boston Fed president Eric Rosengren thinks the market is too downbeat about interest rates. 

Specifically, Rosengren called out the fed fund futures market, which bets on interest-rate changes, in a speech on Monday about economic and cybersecurity risks. 

The gulf between the Fed's and market's expectations on short-term interest rates has widened considerably as the Fed has tried to ease monetary policy.

Here's Rosengren:

My own sense is that financial markets may have reacted too strongly. My assessment is that the U.S. economy is continuing to improve despite the headwinds from abroad. If my forecast is right, it may imply more increases in short-term interest rates than are currently priced into futures markets – but, let me emphasize that my outlook still calls for a gradual pace of increases and, as always, the path should depend on incoming economic data.

Rosengren is a voting member of the Fed's policy-setting committee. 

Here are some charts from his presentation that explain his thinking:

The market has a weaker outlook for the economy than needed

This chart shows that the Fed funds futures market is pricing in one 25-basis-point increase each in the federal funds rate by the end of 2016 and 2017.

"This extremely gradual path for reducing monetary policy accommodation would imply either a weak outlook for the economy or significant concerns that even if the expected outlook was benign, there were significant “tail” risks," he said. 



The fed funds market is now more in line with the Fed on rate hikes

This chart shows the percentage probability that the fed funds market is attaching to the number of rate hikes this year. 

Last week, Fed chair Janet Yellen reiterated that the FOMC intends to raise rates with caution, as it monitors the impact that foreign economic troubles could have on the US economy. Yellen said the Fed would be in a better position to raise rates too quickly than to loosen monetary policy rapidly if it had to. 



But expectations are not fixed

They have shifted in the past two months based on economic data. 

 



See the rest of the story at Business Insider

The 22 best movies about politics that everyone needs to see

$
0
0

presidents warner bros final

Movies focusing on politics take many forms. They can have a serious stance on a major issue or moment in history, or make fun of the whole system with a satirical plot. Regardless, the genre has over the years produced some of the most gripping, entertaining movies.

One of the best political movies ever made, “All the President’s Men,” just celebrated its 40th anniversary. In honor of the occasion, and with the backdrop of the election, we thought it was a good time to rank the greatest the genre has produced.

Here are the top 22.

SEE ALSO: 8 TV shows you're watching that are probably going to be canceled

22. “The Distinguished Gentleman” (1992)

Eddie Murphy plays a Florida con man who realizes he has been missing out on the biggest con of all: being a politician. Winning a seat in Congress because he has the same name as a longtime Congressman in his district who suddenly passed away before the election, he proceeds to turn DC upside down. Honestly, this is one of Eddie Murphy's last great comedies while at his height in Hollywood.  



21. “Nixon” (1995)

Anthony Hopkins playing Richard Nixon in Oliver Stone's epic look at the 37th president is hit-and-miss at moments, but as with any great actor, in the moments when he's right, the movie thrives. But Stone also examines the shrewdness of Nixon, as one moment he's in the bugged Oval Office tearing apart his legacy and another he's confronted by Vietnam protesters at the Lincoln Memorial and he actively tries to understand what they are against. 



20. “Milk” (2008)

Sean Penn earned an Oscar win for his performance as Harvey Milk, California's first openly gay politician to be elected to public office. The movie chronicles Milk's struggle as a gay activist in San Francisco in the late 1970s and ends with his shocking assassination. As with almost everything he's in, Penn gives a moving performance.



See the rest of the story at Business Insider

These Instagrams by fat activists are changing how we think about dieting

$
0
0

12362862_1121802614504040_5425138794763163563_o

Virgie Tovar remembers running down the long hallway at age 4 in her childhood home. At the end of the hallway, she would stand — completely naked — and jiggle her chubby body.

"I had a belly that poked out but I hadn't learned yet that this was a negative thing in our culture, so I didn't think of it as a bad thing," the activist and author, now 33, tells Tech Insider. "I was really curious and excited about my body."

In middle school, like many girls her age, she started to hate how she looked. So she starved herself, eating only lettuce and toast with barbecue sauce and exercising three hours daily for an entire summer.

Tovar has come a long way since then, coming full circle to her body-love mindset. She now runs an ongoing social campaign called #LoseHateNotWeight, which strives to eradicate fat shaming and highlight how harmful American diet culture can be.

Along with many other activists, Tovar is posting photos and selfies online as a political act, leading to more meaningful media representation of fat people.

Here's how Tovar and her fellow activists are changing how we think about dieting.

Diet culture harms everyone regardless of size, because it leads to anxiety around weight gain, Tovar says. It's especially harmful to women, who often learn from a young age that their bodies are socially unacceptable.



With #LoseHateNotWeight, she is challenging people to let go of traditional beauty standards. Over 26,700 posts live under the hashtag on Instagram.

Instagram Embed:
http://instagram.com/p/BDyY9tNS-MW/embed/
Width: 800px

Rachele Cateyes is a body positive and feminist artist and activist from Portland, Oregon.



"We are taught that thinness equals love, happiness, and respect," Tovar says. "The truth is everyone of every size deserves love, happiness and respect, and weight loss will never really give us those things."

Instagram Embed:
http://instagram.com/p/BD3ucfhRiXD/embed/
Width: 800px

The body positive feminist, who blogs under the name "Coquette Wonkette" posted this photo with #LoseHateNotWeight.



See the rest of the story at Business Insider

Meet the Snapchat stars who quit their day jobs and now make eye-popping amounts of money

$
0
0

Snapchatters

When 671 people in banana suits packed into a concert venue in Austin, Texas, at this year’s SXSW technology festival, it broke the world record for most people dressed as fruit in one location.

"And we're breaking the record for most Snapchatters at one event!" 26-year-old Cyrene Quiamco cheered into her smartphone camera, as a group of banana-clad social-media stars hooted and bounced behind her.

The clip, of course, showed up in @CyreneQ’s Snapchat Story as she took her followers behind the scenes of the bash, which tripled as a startup launch party, corporate publicity stunt, and Quiamco’s birthday celebration.

Even hundreds of miles from her friends and family in Arkansas, she felt surrounded by some of her closest allies and confidantes.

“The Snapchat community is incredibly tight,” she tells Business Insider. “People drove 22 hours to be there. We’re so close because we grew from each other.”

They're also close because there are so few of them: Quiamco is part of an elite handful of Snapchatters who make their living on the disappearing photo service.

Quitting the day job

Once dismissed as a sexting app, Snapchat has swelled into a messaging and digital-video powerhouse valued at $16 billion. The app's young audiences and its opt-in, in-the-moment experiences has major brands, such as Burger King and Walmart, partnering with creators like Quiamco.

Snapchat stars get paid to temporarily take over a brand's official account on the app, or to create original programming and interactive campaigns, which the brands sponsor.

Quiamco makes between $10,000 and $30,000 a project on average and booked an income in the low six-figures last year, even though she only focused on Snapchat part-time. That potential convinced her to quit her 9-to-5 gig as a graphic designer for Verizon in October.

When she’s not collaborating (or having banana-suited dance parties) with other Snapchatters in real life, she stays connected to a core community through a secret Facebook Group where fellow Snapchat stars swap tips, advice, and the occasional gripe.

One topic that riled many of the group’s roughly 30 members was a recent interview with the CEO of social-media events company DigiTour who said on stage that "there are no Snapchat stars." Sure, there are the DJ Khaleds and Kylie Jenners — already famous people who amassed enormous followings — but she said that digital celebrities won't come from the app. 

Snapchat StarsUnsurprisingly, the group of artists and storytellers who had built their own huge followings on the social network bristled at the statement, and Quiamco quickly fired off a response on her own Snapchat-centric website.

Not easy to go viral

But even in that post she concedes that Snapchat's platform really does make it nearly impossible to grow an organic audience. With no user suggestion page, no content-discovery portal outside of Snapchat's Discover hub for publishers, and no easy way to share Snaps, users like CyreneQ can’t exactly go "viral" in the typical sense. 

She describes Snapchat stars as "social media superheroes," since they have to grow their audiences without an easy way to be discovered. 

Snapchat itself makes money by inserting ads into media brand's Discover stories, letting brands sponsor "Live" feeds, and charging for custom geofilters or $750,000-a-pop branded Lenses. Snapchat sees itself as a messaging tool between friends combined with a storytelling platform, but there’s none of the influencer-company alliance that you see on YouTube or Vine because it’s not relying on their content to bring in ad dollars.

Even Snapchat’s biggest native stars haven’t had anything beyond the most cursory official contact with the company, if that.

But despite the downsides, the high barrier to discoverability is also part of what makes people like Quiacamo so valuable to brands. Getting big on Snapchat requires creativity and authenticity and users essentially build their followings by word of mouth. So those audiences are often rabidly dedicated, staying engaged through a star’s sponsored content and willing to follow as they ping across corporate accounts.

And because it's really hard to get popular, those who have gotten their names out there have become a kind of exclusive squad, consisting of less than a dozen native creators who can actually make a living from the app. 

As the service swells into a behemoth, we talked to a handful of top Snapchat creators who are actually getting hefty payouts to ask them how they got started and what the life of a full-time Snapchat star is really like:

SEE ALSO: Facebook won a bidding war against 2 other companies for a hot new app that could help it fend off Snapchat

Christine Mi assumed she'd use her economics degree from Yale to go into finance or consulting. Instead, she's a Snapchat artist.

Mi first started creating elaborate Snapchat doodles as a way to procrastinate on her homework and amuse her friends. But a few months after some artwork she'd posted on Tumblr went viral in March 2014, an agency reached out and asked her if she'd be interested in working with brands. 

By the beginning of her senior year in college, she had already started to see the cash flowing in, but still applied to a bunch of "traditional jobs," sealing an offer at a respected consulting firm in New York City. But she turned it down to focus on Snapchat full-time when she graduated last fall. 

"It seemed like a once-in-a-lifetime opportunity," Mi tells Business Insider. "I wasn't sure how much of a fad this would be — whether it would be relevant for about two years and then just go away — so I really didn't want to regret not riding this wave as it was happening." 



So *is* it going away?

Not if you ask one of the handful of agencies and networks now touting a specialty in Snapchat marketing, including Giant Spoon, Naritiv, or VaynerMedia

Nick Cicero, the CEO of creator-network company Delmondo, which specializes in Snapchat analytics, says that he’s seen an incredible increase in advertiser interest, with his startup partnering with more than a dozen new major brands in the last month, including Spotify, AT&T, and Unicef.

“We’re in the top of the first inning with Snapchat,” he says. “We haven’t even gotten into the big wave of influencer campaigns yet.”



As for Mi, she says that in the last year she's made an income in the low-six figures — "definitely more than I would have if I had taken the consulting offer"— through projects with the likes of Bloomingdales, Coca-Cola, and DreamWorks.

She's had one-day gigs that earn a bit over $10,000, but that's juxtaposed with her work for VH1, for example, which spanned an entire season of their TV show "Scream Queens." (She took over their account to post each time it aired.) 

Above is a set of Snapchat geofilters that Mi designed for the DreamWorks movie "Kung Fu Panda 3."

She and other Snapchat stars say that the metrics that brands care about are number of views, how far viewers get in their Stories, and the number of screenshots. 

Where to find her: @Miologie 



See the rest of the story at Business Insider

18 choices millionaires make that the rest of us don't

$
0
0

wealthy cheering crowd

Getting rich isn't reserved for a lucky, select few.

"Like most things in life, becoming good at attracting money is no different than becoming good at anything else, be it being a sub-par golfer, losing weight, or mastering a second language,"writes self-made millionaire Steve Siebold, author of "How Rich People Think."

Almost anyone can make it happen— and it often begins with your thoughts, beliefs, and choices. Here are 18 choices the wealthiest people make on a daily basis that most of us fail to emulate.

SEE ALSO: 11 daily habits keeping you from getting rich, according to a man who spent 5 years studying millionaires

Rich people choose to be in control of their success.

"Rich people believe, 'I create my life,' while average people think, 'Life happens to me,'" writes T. Harv Eker in "Secrets of the Millionaire Mind."

You have to be in control of your financial life, he emphasizes: "You have to believe that you are the one who creates your success, that you are the one who creates your mediocrity, and that you are the one creating your struggles around money and success. Consciously or unconsciously, it's still you."



Rich people choose to think big.

If not you, then who? That's how rich people think, Eker writes: "Big thinking and big actions lead to having both money and meaning."

"Most people choose to play small," he continues. "Why? First, because of fear. They're scared to death of failure and they're even more frightened of success. Second, people play small because they feel small. They feel unworthy. They don't feel they're good enough or important enough to make a real difference in people's lives."

As Siebold writes, "Expect to make more money. For this one you have to think big. $100,000, $500,000, or why not $1 million?"



Rich people choose to commit to attaining wealth.

Rather than wanting to be rich, wealthy people consciously commit to being rich.

"Getting rich takes focus, courage, knowledge, expertise, 100% of your effort, a never-give-up attitude, and of course a rich mindset," writes Eker. "If you are not fully, totally, and truly committed to creating wealth, chances are you won't."

The rich are able to fully commit because they have precise goals and a clear vision.

"The number one reason most people don't get what they want is that they don't know what they want," he continues. "Rich people are totally clear that they want wealth. They are unwavering in their desire ... As long as it's legal, moral, and ethical, they will do whatever it takes to have wealth."



See the rest of the story at Business Insider

Here's what it's like to be a cadet at West Point

$
0
0

West Point, Cadets

Tucked in the hills overlooking the Hudson River in upstate New York is The United States Military Academy at West Point.

Founded in 1802, West Point is the oldest of the five service academies and has produced some of the Army's top-tier, such as General George S. Patton and 34th President of the United States Dwight D. Eisenhower.

Cadets at West Point receive a full academic scholarship in exchange for a five-year commitment to serve as active duty soldiers in the Army.

Upon graduation cadets receive the gold bar of a Second Lieutenant.

From academics to athletics to extracurriculars, one day at West Point could look like an entire month on anyone else's calendar.

Cadets need to keep fit, and can be seen jogging around the campus at all hours of the day, even at 7 a.m.



Statues of historic U.S. leaders remind them of the standards they must live up to. A statue of George Washington sits in front of the hall, bearing his name.



There's also a statue of President Eisenhower, who attended West Point from 1911 to 1915.



See the rest of the story at Business Insider

7 math tricks that'll make your life easier

$
0
0

abacusThe worst part of going out to dinner with a group of friends is figuring out who owes what at the end of the night. All too often, once everyone's chipped in, there's either not enough money on the table, or way too much.

When trying to plan for retirement, or figure out whether to make an investment, one helpful thing to know is how long it will take to double your initial capital.

And when you're considering taking a new job with an annual salary, it might be useful to know how that salary compares with what you'd earn at a job with an hourly pay rate.

Some handy math tricks can help you figure out each of these situations quickly — and without having to resort to pulling out the calculator on your phone. We've assembled seven such tricks and talk a little about how they all work.

Eric Platt and Walt Hickey contributed to earlier versions of this article.

WATCH: We Did The Math: Which iPhone 6 Should You Buy?

Converting your salary to an hourly figure

The Trick: Take your salary, drop the last three zeros, and then divide by two.

Example: So if you earn $40,000, you're left with $20 an hour.

Maybe you're a salaried employee trying to figure out whether you should take that job that pays by the hour. This trick would certainly help.

This comes from making a couple of assumptions about your working hours and some quick observations about time. There are 52 weeks in a year, and so if you're working a 40 hour week for 50 of those weeks, you'll be working 40 x 50 = 2,000 hours in a year. Take your annual salary and divide by those 2,000 hours (equivalently, drop the last three zeros and divide by two), and voila, you get your hourly rate.



Figuring out sales tax and tips

The Trick: Assuming an approximately 9% sales tax, as in New York, if you take your pre-tax part of the bill, divide by four, and add this amount to the pre-tax part, you'll be leaving about a 16% tip. If you're feeling more generous, divide by three and add that amount instead, leaving about a 24% tip.

Example: Say your part of the pre-tax bill comes to $18. If you want to leave a 16% tip, divide $18 by four to get $4.50. Add that to your $18 pre-tax cost, and leave a total of $22.50. If you want to leave a larger tip, divide $18 by three to get $6, and combine that with the pre-tax cost to leave a total of $24.

Here's why this works: Dividing the pre-tax bill by four is the same as taking 25% of that amount. That's enough money to cover the 9% sales tax, with 16% leftover for the tip, because 25 - 9 = 16. Similarly, dividing by three gives about 33% of the pre-tax bill, covering the 9% sales tax and a 24% tip, because 33 - 9 = 24.

Business Insider's Sarah Schmalbruch also recently wrote about a few other nice tricks to calculate tips, like moving the decimal point one place to the left and multiplying by two to find 20% of the bill.

So, if the bill is $18, the moving the decimal points gets you $1.80. And multiplying it by two gets you $3.60.



How long it'll take to double your investment

The Rule of 72: Need an easy way to determine how long it will take to double your investment? Simply divide the number 72 by your projected growth rate.

Example: So, if you're getting a return of 9% per year, it will take about eight years for your investment to double in size, because 72/9 = 8.

The rule of 72 comes from manipulating the basic mathematical formula for calculating compound interest. The exact number you need to divide your growth rate by is actually closer to 69, but 70 or 72 are frequently used for quick mental estimates, because most common single-digit rates of return will divide evenly into one of these.



See the rest of the story at Business Insider
Viewing all 61683 articles
Browse latest View live




Latest Images

<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>
<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596344.js" async> </script>