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8 Cheap Cars That The Richest Americans Love To Drive

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toyota camry beach house

The wealthiest Americans are cheapskates, at least as far as their tastes in automobiles goes. Perhaps that is why some rich Americans stay rich.

24/7 Wall St. asked auto trends research firm Truecar to find the best-selling cars and light trucks that America’s rich drive.

See the richest Americans' favorite cheap cars >

Truecar analyzed industry sales data from the 10 wealthiest U.S. ZIP codes by median income, according to the Internal Revenue Service, including neighborhoods in New York City, Greenwich, Conn., and the gated community of Fishers Island, Fla. Based on the 20 top-selling cars from Truecar’s report, 24/7 Wall St. identified the eight cheap cars the richest Americans drive.

Most rich Americans drive affordable cars. The average price of eight of the cars among the top 10 was less than $40,000. 24/7 Wall St. excluded the two most expensive cars because they are considered luxury models, but by the standard of high-end cars, they cost very little.

One model that made the top 10 is the Mercedes E-Class, which had an average price paid of $48,362. Since Mercedes has a number of models that sell for more than $100,000, the E-Class barely makes the middle of the car company’s model line based on price. The second luxury car among the top 10 is the BMW X5 SUV, which has an average price paid of $56,050. The X5 M, the high performance model, costs more than $102,000 fully loaded.

The tastes of the wealthy do not vary much from the average car owner. Five of the cars rich Americans buy are made by either Honda Motor Co. or Toyota Motor Corp. These two brands have consistently done well among American buyers and have taken market share from U.S. manufacturers for years. They continue to offer high quality, relatively low prices and efficient engines that get good gas mileage. Toyota and Honda cars are at the top of quality surveys. Two of the cars on our list are the Honda Accord and Toyota Camry. The remaining three on the list are from German automakers.

Not a single American car made the list. Even a look beyond the top eight sellers to the top 20 shows that German and Japanese models dominate. The only two American models on the wider list are the Jeep Grand Cherokee and Jeep Wrangler. As further evidence of the frugality of the wealthy car owner, the Grand Cherokee has an average price of $26,158. The Wrangler’s is just $22,510.

For those who assume that Americans with median incomes well into the double digits mostly drive $80,000 cars, the fact is otherwise. If anything, the rich drive the same cars most people do.

These are the eight cheap cars the richest Americans drive.

#8: Toyota Camry

Average price: $24,237
Type: Midsized car
Total sold 2012: 243,816 (2)

The Camry was the second best-selling car or light truck in the United States through the first seven months of this year. The inexpensive, high-mileage car has been a staple of the Toyota line-up since 1982. The Camry is sold in both four-door and hatchback models.

The Camry relies on a series of four-cylinder engines to keep gas mileage low. Toyota claims 6.8 million people currently drive Camrys in the U.S. The Camry is the fourth most popular car among the wealthy of Chicago.



#7: Honda Accord

Average price: $23,168
Type: Midsized car
Total sold 2012: 183,817 (3)

The Honda Accord is the third best-selling car in America so far this year. The Accord’s base model is a four-door sedan, and the vehicle is also offered as a two-door coupe. The Accord relies on a four-cylinder engine to achieve good gas mileage, but the high-end EX-L comes with a V6.

The Accord was the first Japanese car built in the U.S. when production began in Marysville, Ohio, in 1982. This car is the third best-selling car among the wealthy of Manhattan.



#6: Honda CR-V

Average price: $30,197
Type: Midsized SUV
Total sold 2012: 167,236 (12)

The CR-V is Honda’s base SUV model. So far this year, it is the 12th best-selling car in America. The light truck is available in two-wheel and all-wheel drive. All CR-V models run on four-cylinder engines, which allow it to get an EPA estimated 31 MPG on the highway—an extraordinary number for an SUV.

The Honda CR-V ranks as the second most popular car among wealthy residents of the Windy City and comes in fifth among the rich of Manhattan.



See the rest of the story at Business Insider

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The 25 Biggest Landowners In America

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john malone

Good old fashioned land has become one of the hottest investments in the world, as stocks disappoint, currencies go to war, and food prices soar.

Luckily, America has a lot of land.

Especially America's 100 biggest landowners, according to the latest data from The Land Report.

The top dog on the list is, for the second year running, media tycoon John Malone, who owns 2.2 million acres—more than twice as much land as Delaware. He narrowly beat out fellow media tycoon Ted Turner.

#25 The Flitner Family owns 300,000 acres

David Flitner is a third-generation Wyoming rancher. He and wife Paula own the Hideout Lodge and Guest Ranch, a working dude ranch, in Shell, Wyo.

Data published with permission from The Land Report.



#24 The Nunley Family owns 301,500 acres

The Nunley brothers have been in the ranching business for more than 70 years, and specialize in the Santa Gertrudis breed of cow. They own holdings in Texas and New Mexico, including a major cow-calf operation.

Data published with permission from The Land Report.

 




#23 Pat Broe owns 310,000 acres

Broe's investment and asset management company controls over 100 companies in real estate, energy and transportation.

He owns land in many states. Broe's Hubble & Green Ranches in New Mexico cover 290,000 acres. His Colorado’s Great Western Industrial Park became a major source of the state’s green job growth in 2008.

Data published with permission from The Land Report.



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Morgan Stanley's Awesome Presentation On Every Major Economic Debate In The World

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earth moon space

Morgan Stanley's Cross-Asset Strategy team just published its new Global Debates Playbook, wherein they ask each of their regional experts to summarize the hot economic topics in their coverage areas.

The report considers how messy Europe can get, whether China is rebounding, how uncertainty will slam the U.S. economy, and what can be done to relieve sluggishness in Japan.

The main theme for most regions: central banks will play a huge role in everything.

Thanks to Morgan Stanley for giving us permission to feature these slides.

The world remains in a "twilight zone" between secular growth and backsliding into contraction



In the U.S., even a retroactive "fix" of the fiscal cliff may cause damage



Europe will see zero growth through 2013



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Beautiful Photos Show Custom Cars Racing In Utah's Salt Lake Desert

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simon davidson photographs bonneville speed week

The remains of a lake in northwest Utah that dried up thousands of years ago, the Bonneville Salt Flats, were rather useless until someone discovered that the flat, smooth ground was the perfect venue for racing cars.

Today, the Salt Flats are a mecca of land speed records and are home to racing events like Bonneville Speed Week and the Bonneville World Finals, both hosted by the Southern California Timing Association.

The stark landscape and amazing cars that come to test their stuff are the subject of a series by photographer Simon Davidson. Davidson, a New Zealander whose work often focuses on car culture, shared the photos with us.

The Salt Flats are part of the Great Salt Lake Desert.



They are surrounded by several small mountain ranges.



They've been the site of motor sporting events since 1912.



See the rest of the story at Business Insider

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Pinterest's First Investor Shows Us His 'Disneyland'-Like Long Island Home

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brian cohen sans point, ny house tour

Brian Cohen doesn't want you to take his 16,000-square-foot mansion seriously.

You can tell what he means when you visit the labyrinthine Long Island mansion, where every hallway passes through an octagonal center atrium before leading off to a theater, wine cellar and other attractions.

Click here to tour the house >

"It's a little bit like Disneyland," said Cohen, who was the first investor in Pinterest. Currently, Cohen is the CEO of the New York Angels. "The house is meant for fun."

His Sands Point home, near Port Washington, N.Y., is currently on the market for $9.5 million.

Cohen custom-built the house, commandeering the project as his own general contractor. The opportunity presented itself after Cohen sold his company TSI Communications.

"There's a part of me in the house," Cohen said.

The house is equipped with a giant geothermal heat pump, computer-controlled lighting and sound systems, and more than 350 lights designed to prevent Seasonal Affective Disorder.

"It's my own giant laboratory," Cohen said. "I got to experiment. Try all these new things. In 2000, people would walk in an see our flatscreen TVs and just say 'Wow.'"

After 14 months of paying his contractors by the hour — an unheard of practice in the construction business — the house was complete. Cohen, his wife and former business partner Carol, and their three children moved in.

"The kids were giddy," Cohen said. "It's an extraordinary home to find yourself living in as a child."

But when the Cohens' youngest son, Max, left for Arizona State University, the home went on the market and Mr. and Mrs. Cohen moved to an apartment in the West Village.

"My wife and I are both city people, born and raised," Cohen said. "The suburbs are for families. I don't fall in love with things, I fall in love with people. Our house served its purpose ...

"We still use it these days for what I call 'Hallmark moments,' but change is inevitable. A one-bedroom apartment is really all my wife and I need."

Welcome to Sands Point. On the Cohens' two-acre property, there are six landscaping elements. When the family moved in, the town "jokingly" cited them with a landscaping ticket, Cohen said.



The outside of the home is meant to have more of a Hamptons feel, since it's so close to the water. The other homes in the area are more colonial looking.



Upon entering you see the giant staircase that wraps around the octagon atrium. Cohen said he constructed the home this way so as soon as you walk in the door, you can yell up to their children in their bedrooms.



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The 13 States Where People Spend The Most Money When Buying Things Online

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best buy, shopping, black friday, samsung

The folks at e-commerce analytics firm Jirafe have compiled a bunch of data on online spending habits broken down by state.

The study looked at the 97 million Americans who shopped online between August 2011 and August 2012. It found that people in California make up a whopping 13.3 percent of all online spending in the U.S.

The "average purchase size" numbers — that is, the average amount of money someone spends when they go online to buy things — are quite interesting.

“Our study found that sparsely-populated states such as Alaska, Idaho, Hawaii and Wyoming tend to make higher purchases online, perhaps making up for the distance between residential areas and larger stores with the convenience of online shopping,” Ken Huang, chief data ninja at Jirafe, says in a release.

#13 Maryland

Average purchase size: $116

% of America's online shopping: 2.38%

Source: Jirafe



#12 Washington

Average purchase size: $116

% of America's online shopping: 2.84%

Source: Jirafe



#11 Illinois

Average purchase size: $116

% of America's online shopping: 4.59%

Source: Jirafe



See the rest of the story at Business Insider

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Meet The Fascinating Spouses Behind The Nation's Supreme Court Justices

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Mary Davis Anthony Kennedy wedding day

While the public mostly sees the nation's Supreme Court justices mulling health care or political campaign funding, they still manage to lead a (mostly) regular life.

That life includes spouses you rarely hear about.

One of the spouses even— and you would never guess who — cooked dinner, once a term, for a justice's clerks.

Jane Sullivan Roberts

Jane Sullivan Roberts is a partner at the Washington legal search firm, Major, Lindsey and Africa. She graduated from the College of the Holy Cross in 1976. Clarence Thomas is another alumnus of the school, who graduated only five years earlier.



Mary Davis Kennedy

Mary Davis, a schoolteacher, married Anthony Kennedy in 1963. They have two sons and a daughter, according to encyclopedia.com.



Martin Ginsburg

Martin Ginsburg was a Harvard Law graduate and a Georgetown Law professor specializing in tax law. An interesting fact is that he used to cook a meal for his wife's clerks once per term, according to this book on the high court. Martin Ginsburg passed away in 2010. 



See the rest of the story at Business Insider

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Come Along To Ranger School And See How The Army's Toughest Soldiers Get Made

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Rangers

One of the quickest ways to show how tough you are in th Army is to wear a Ranger tab. In the two months it takes to earn, a soldier's mental and physical endurance is pushed to the absolute limits. He survives on one meal a day and a few hours of sleep per night.

Check out Ranger School >

He arrives at Ft. Benning in the best shape of his life and will lose an average of 20 pounds if he stays the full course.

The Discovery Channel's "Surviving the Cut" shows the 61-day course at Fort Benning and offers the world a glimpse at some of the toughest military training around. The attrition rate at Ranger School is intense and less than one-in-three achieve the coveted tab.

But that exclusivity carries certain privileges. At the sight of a Ranger tab on another soldier's uniform, it's not uncommon for new recruits to say: "He's a Ranger? They kill motherf*ckers!" Or something very similar. 

338 Ranger candidates begin the 61 day course long before the sun's up — and won't stop for another 20 hours



It's a non-stop schedule including brutal hand-to-hand combat tests



Strength tests where they carry another soldier 100-yards have a practical design as well — this could be the move that saves anyone of their lives on the battlefield



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11 Celebrities Who Served In The Military Before They Got Famous

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chuck norris walker texas rangerYou've seen them on TV and at the movies, playing roles where they make you laugh, fight bad guys and sometimes even show off their bare behinds.

But did you know they were veterans?

These are 11 celebrities you might not have known served in the military.

Ice-T was in the Army's 25th Infantry Division

While most know him now as Detective Odafin "Fin" Tutuola on "Law and Order: SVU," it wasn't the only time Ice-T was fighting bad guys.

Before his rap days, Tracy Marrow (Ice-T is his stage name) joined the Army's 25th Infantry Division. He served for four years before returning home, where he eventually started a successful music and acting career.



Harvey Keitel joined the Marine Corps at age 17

He's played plenty of bad guys on the big screen, but who knew the devil/dad from "Little Nicky" was a good U.S. Marine? Harvey Keitel joined the Marine Corps back when he was just 17, and he served in Lebanon during Operation Blue Bat in 1958.



Mel Brooks served as a corporal in the Army during World War II

"It's good to be the king," and for Americans during World War II, it was good we had this "king" on our side. Mel Brooks served as a corporal in the Army during World War II, where he was assigned to the Battle of the Bulge. Following the war, he went on to earn an Emmy, Grammy, Oscar and Tony — becoming an "EGOT-er" — and write and direct "The Producers," about producers trying to make the musical flop "Springtime for Hitler."



See the rest of the story at Business Insider

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These 10 NFL Coaches Make At Least $5 Million A Year

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bill belichick

Unlike the other major sports, a football team can have a world of talent and not win if they don't have a great coach. A few teams in the NFL have recognized this, giving their head coaches annual salaries that is higher than most of the players.

On the next few pages, we will take a look at ten teams that have given their head coaches contracts worth at least $5 million per year.

Of the ten coaches:

  • They have a collective record of 8-7 in the Super Bowl
  • They average 11.6 years of experience with a low of 2 seasons (Jim Harbaugh) and a high of 19 (Mike Shanahan)
  • They average 100.7 wins, with a low of 18 (Jim Harbaugh) and a high of 179 (Bill Belichick). One coach (Pete Carroll) has a losing record in his career, and another (Ken Whisenhunt) is only one game over .500.

Jim Harbaugh — $5,000,000

Team: San Francisco 49ers

Experience: 2 seasons

Record: 18-5

Super Bowl record: 0-0

 

 

Data via Spotrac.com



Andy Reid — $5,500,000

Team: Philadelphia Eagles

Experience: 14 seasons

Record: 129-84-1

Super Bowl record: 0-1

 

 

Data via Spotrac.com



Mike Tomlin — $5,750,000

Team: Pittsburgh Steelers

Experience: 6 seasons

Record: 58-28

Super Bowl record: 1-1

 

 

Data via Spotrac.com



See the rest of the story at Business Insider

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The 10 US Cities With The Best Job Growth Right Now

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Houston skyline

Some cities are experiencing economic recovery faster than others. 

To find out which areas are producing the most job growth after the recession, CareerBuilder teamed up with the Economic Modeling Specialists (EMSI) to see where the top markets are located.

“There is a close correlation between the top locations for job growth and the concentration of fast-growing industries in those markets,” said Matt Ferguson, CEO of CareerBuilder, in the study released Wednesday.

“Technology hiring is a big contributor for growth in the Bay Area and Raleigh and while Texas cities, Oklahoma and Salt Lake are benefiting from strong oil and gas activity. The rebound in manufacturing helped to land Detroit in the top ten while healthcare continues to thrive in Phoenix.”

The study looked at jobs created in the most most populous metros from 2010 to 2012.

10. Phoenix, Ariz.

Jobs added from 2010 through 2012: 81,606 (up 4 percent)

Before the recession, Arizona was the second fastest growing state for jobs, but it ended up cutting 300,000 positions during the financial crisis.

Since then, the state has re-emerged — "major companies like Go Daddy, Intel and Blue Global are using the nation's high-tech momentum to generate quality, high paying Arizona jobs," wrote Adam Kress at The Phoenix Business Journal.

Furthermore, Phoenix has always been the nation's largest producer of copper and as technology advances, the mining industry is producing more high-wage jobs, said Joe Hart at The Arizona Republic.

The city continues to have a booming health care market.

Source: CareerBuilder and Economic Modeling Specialists (EMSI)



9. San Francisco, Calif.

Jobs added from 2010 through 2012: 84,014 (up 4 percent)

Since the beginning of 2012, tech jobs in San Francisco have grown by a third, according to new data released by San Francisco County Assessor-Recorder Phil Ting.

Colleen Taylor at TechCrunch wrote:

"It’s not an accident that San Francisco is seeing this boom. Politicians in the city, led by Mayor Ed Lee, have been actively courting techies to set up shop in the urban center, rather than in the suburbs that have historically made up 'Silicon Valley.' "

Source: CareerBuilder and Economic Modeling Specialists (EMSI)



8. Dallas, Texas

Jobs added from 2010 through 2012: 128,644 (up 4 percent)

Joel Kotkin and Michael Shires at Forbes wrote that Texas has added around 200,000 "generally high-paying oil and gas jobs over the past decade."

The state also experienced the highest net migration — 868,292 people — from 2001 to 2010, which was nearly as much the net migration in the entire country — 978,614 people — according to a study recently published by Northwood University

“Texas is a very, very business-friendly state,” said Timothy G. Nash, study director and vice president for strategic and corporate alliances at Northwood University in Michigan. If you combine pro-business regulations, no state income tax and an overall low cost of doing business, “you get the economic engine that is Texas." 

Source: CareerBuilder and Economic Modeling Specialists (EMSI) 



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Hands-On Photos Of Samsung's New Super Phone, The Galaxy Note II

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samsung galaxy note II

Samsung took the wraps off its U.S. version of the Galaxy Note II today. It's the update to the phone/tablet hybrid that launched earlier this year.

You can check out the full review here, but we also have a guided photo tour of the device for you in the gallery below.

The screen is absolutely huge.



See? The iPhone 5 actually fits inside the Galaxy Note II's screen.



Like most Samsung devices, the Galaxy Note 2 is covered in plastic.



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See The 29 Biggest Executive Perk Packages in Advertising, Ranked By Extravagance

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perk report 2012

Earlier this year, we ranked the richest ad execs on the planet based on their annual income. But cash and stock aren't the full measure of economic life in adland's swankiest corner offices.

It's all about the perks, too. From private jets to country clubs, expert tax help to limo drivers, these guys — and yes, they're all men — want for nothing.

Skip straight to the list >

The numbers, as disclosed in corporate finance filings, substantially undercount the amount of money agencies spend on the lifestyles of advertising's rich and famous. Much of what these executives do includes wining and dining clients, often at fabulous restaurants; or taking them to sporting and cultural events. Execs also get a lot of their travel expenses paid for when they meet and pitch clients. Often their partners and other family members tag along.

And they expense all of it.

For instance, one of the execs has an eye-popping $41 million "golden coffin" — a payment that occurs if he dies.

Saatchi & Saatchi CEO Kevin Roberts probably has one of the most amazing travel packages in the business, considering how often he writes about exotic hotels and restaurants on his blog. But the value of it isn't fully disclosed by Publicis Groupe, his corporate parent.

Similarly, WPP CEO Martin Sorrell is known to be the best paid British adman (no mean feat in an industry where Brits over-index), but his perks package isn't detailed in WPP's annual report.

We've estimated their perks packages, based on those of their peers who have disclosed similar packages. For everyone else, we used corporate and SEC disclosures.

And, of course, we've ranked them all from poorest to richest.

Michael J. O’Brien, general counsel of Omnicom: $9,521 in "other compensation."

That's right: $10,000 is merely the entry level perks package on Madison Avenue. (We did find perks compensation that was even less than this, but it's so de minimis we decided to only start counting at $10K.)

Most of O'Brien's perks are a contribution to a savings plan.



Jack Klues, CEO at Vivaki: €6,432 "benefits in kind."

Parent company Publicis Groupe notes that Klues' benefits would not have been recorded if his car allowance had been "immaterial" to his compensation.



Philip Angelastro, svp/finance controller of Omnicom: $14,550 in "other compensation."

It includes an auto allowance of $7,200.



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The 20 Fastest Growing Economies In The World

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shanghai crowd china

According to the International Monetary Fund, there is a 1 in 6 chance that global growth dips below 2% in 2013, which would throw advanced economies back into a recession.

But the IMF’s recently released World Economic Outlook, which includes economic growth forecasts for 185 countries, wasn’t completely negative.

We selected 20 countries with the highest projected compounded annual growth rate (CAGR) from 2013 through 2017, based on the IMF’s estimates.

None of these countries are located in the Western Hemisphere – all are from Africa or Asia – which underscores that global economic growth will be driven by emerging markets and developing economies.

A cautionary note – this isn’t a list of the world’s best economies, or countries with the highest standards of living. Many of these countries start with extremely low levels of GDP, and as such have an easier time attaining a high growth rate over this selected period.

Some features of these countries:

  • 10 are found in Sub-Saharan Africa, 8 in Asia (2 from the Commonwealth of Independent States), and 2 from the Middle East/North Africa;
  • 10 are underdeveloped, as evidenced by little infrastructure and mass subsistence farming;
  • 8 rely upon oil or gas as a key export; and
  • 7 have law and order, corruption, or security issues as impediments to growth.

#20: Rwanda

Est. 2012 GDP: +7.70%  

Est. 2013 GDP: +7.50%

Est. 2013-2017
GDP CAGR: +8.23%

Economy: Rwanda has an easier time attaining high growth rates due to its low starting GDP, relative to developed European economies or the United States. Over 90% of the workforce is engaged in subsistence farming. The Rwandan government has invested in information technology as well as education in efforts to promote sustainable economic growth.

Sources: IMF World Economic OutlookCIA World Handbook



#19: The Gambia

Est. 2012 GDP: -1.62% 

Est. 2013 GDP: +9.66%

Est. 2013-2017
GDP CAGR: +8.35%

Economy: Gambia has few natural resources and an underdeveloped agricultural sector. The country is reliant upon transfer payments from abroad and foreign aid. Its position on this list is due to low base GDP, which artificially skews growth projections upwards relative to other nations. Tourism, particularly eco-tourism, is booming.

Sources: IMF World Economic OutlookCIA World Handbook



#18: Cambodia

Est. 2012 GDP: +6.45%  

Est. 2013 GDP: +6.68%

Est. 2013-2017
GDP CAGR: +8.46%

Economy: Cambodian textiles amount to over 70% of the nation’s exports. Recent oil discoveries and continued development of mineral resources will have a positive impact on GDP growth. Educating and creating jobs for Cambodian youth is paramount to the country’s long term development – the majority of its population is under 25 years old. 

Sources: IMF World Economic OutlookCIA World Handbook



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Photos From The 1941 Disney Artist Strike That Changed The Studio Forever

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disney strike 1941

For five weeks in 1941, Disney cartoonists launched an artist strike on the company which ultimately changed the dynamic of the studio. 

The strike reshaped the rights of Disney animators and made the Mouse House a union shop.  

Check out the photos and fliers from the event > 

During the production of "Snow White" animators were said to have worked overtime on the film with alleged promises of bonuses if the film were to take off. Of course, the film went on to be one of the most successful films of 1937, grossing nearly $75 million in that year alone. Despite this, the cartoonists allegedly never received bonuses for their work.  

Instead, funds were reinvested back into the company for a new studio featuring a volleyball and badminton courts, a roof top gym, and a snack shop

With World War II nearing, Disney found itself in financial trouble with rumors of layoff pervading.  

Highest-paid animator at the time, Art Babbitt, resigned from his post as president of the Disney Company union to head the Screen Cartoonist's Guild and lead the artists a strike May 1941.  

Nearly half of Disney's more than 800 animators went on strike picketing in front of the studio's Burbank offices and screenings of films. 

It took the intervention of F.D.R.'s administration to end the strike five weeks later.  

The end of the strike resulted in future salary negotiations by the Screen Cartoonists Guild.

Thanks to Retronaut, for spotting these photos.

Here are cartoonists in a a picket line at Walt Disney Studios in Burbank, California.

The sign near the top right corner of the photo reads "Local 852. San Fernando Central Labor Council."



This two-sided flier from cartoonists on strike featured Mickey Mouse wearing an American Federation of Labor (AFL) button:



The back of the flier notifies that, despite reports stating otherwise, the artist's strike was still on:



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Check Out MeetMoi, The Dating App That Has Quietly Reached 3 Million Users

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couple, gen y, boyfriend, girlfriend, dating

In the age of apps and smartphones, companies have been trying to figure out how to help move Internet dating beyond the desktop and onto smartphones and tablets.

One of those companies is MeetMoi. MeetMoi is a location-based dating app that started in 2007. Today, the company has finally crossed three million users. To coincide with this achievement, MeetMoi has a big app update coming today with iPhone 5 compatibility and Facebook Connect.

"MeetMoi is revolutionizing mobile dating based on two specific aspects: location discovery and push notifications," MeetMoi's CEO, Alex Harrington said in an interview. "Those are two things you just don't get from your laptop but are excellent ways that technology can help you with your love live."

MeetMoi's goal is to make it easier to meet people in the physical world by facilitating connections. The app learns a little bit about you, your interests, education, what you do, etc. But after the formalities are out of the way, MeetMoi works to bridge connections as instantly as possible. 

The following is a lightly edited interview with Alex Harrington, MeetMoi's CEO:

Business Insider: What would you say the success rate of finding someone, connecting, and going on a date is?

Alex Harrington: We have a really high response rate from our introductions, I think what we're seeing is that people are really using the service and taking to it pretty well.

Every introduction we make is a live connection. Our response rate is currently at 70%.

It's hard to figure out exactly how many physical real world dates are actually occurring, but people are responding well to the interactions we are making.

BI: Last week we spoke with the eHarmony CEO, Dr. Neil Warren, and he commented that, "a lot of other dating services aren't research based," dubbing them online bars, how do you feel about this? Do you think MeetMoi is an exception to that rule?

AH: I don't take that as a negative. If an online service is a place that people can mingle and meet each other in a low-pressure way then I'm ok with the term online bar.

I think eHarmony has a great product but it's not for everyone, a lot of people don't want to invest hours and hours in filling out the questions. A lot of people also aren't necessarily looking for their soul mate right then and there. Instead certain users are interested in meeting lots of people. Our service was made to get people out and meeting new people.

I like going out, I don't want to be down in front of a computer. A particular feature of MeetMoi that I wanted to highlight is called wingman. Wingman makes it so that you can actually include your friends in on the dating process. You can invite a friend out with you to meet other people who have compatible preferences among you all.

BI: Are people using MeetMoi to date, hook up, or find relationships?

AH: I think it's really the whole gamut. We think of ourselves as a dating service and many people are using it as a dating service. People use MeetMoi for any reason someone might want to meet someone else but by in large its for dating.

BI: Because MeetMoi is a location based dating app, what do you all do to protect users privacy?

AH: We never share a user's location with any other user or any third party under any circumstances. Users permission us to use their location data to find location based relevant matches, but we don't place them on a map and we don't disclose their exact location.

What we'll do is share a relatively low resolution "sense of proximity" for example, half a mile away. We'll also show if a person is less than .3 miles away. We don't spot you on a map.

The other thing that we do besides not declaring your location, is give users the control of weather or not they're interested in connecting with another person. Both parties have to opt-in. 

Don't Miss: How To Get More Love On OkCupid >

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Browser Security Wars: Can Google, Microsoft, Apple, And Mozilla Keep You Safe?

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Soldier on computer

The Internet is a dangerous, virus-infested place. Today's most popular Web browsers claim they are chock full of protections to keep you safe.

Some of the browser vendors get a little testy about each others' proclamations about who can protect you better.

For instance, Microsoft sponsors a quarterly security shootout, performed by NSS Labs, which tends to find a weakness in its competitor's browsers. Its latest found that Internet Explorer's security blocked 95 percent of the bad stuff on the Web while Chrome blocks 33 percent, and Safari and Firefox block less than 6 percent.

While you'll want to take the results of these Microsoft-backed tests with a grain of salt, it does point out that certain browsers do a better job of protecting against certain nastiness better than others.

But all the browsers have their own advantages. For instance, Google encourages hackers to find holes and pays them cash when they do in what's known as a "vulnerability reward program." It has a good track record of fixing vulnerabilities fast. It sometimes rolls out a fix in as little as 12 hours.

We've sifted through the security features of the top four browsers to help compare how each one protects its users. These include Internet Explorer 9 and the upcoming version 10 released with Windows 8; Google Chrome; Mozilla Firefox; and Apple's Safari.

Before we get into the unique security features of each browser, let's look at what they all say they do.

  • Malware warning: Tells you that a site contains viruses or will try to trick you into giving it your password information (an attack called phishing).
  • Private browsing: Allows you to clear websites and cookies from your browser so no one can see what sites you visited.
  • Do Not Track settings: Prevents advertising companies from tracking everything you do online.
  • "Sandbox" mode: Keeps Web-based applications from being able to jump out of the browser and install something nasty onto your computer.

Special features in Internet Explorer

Internet Explorer verifies which applications on the Web are safe to download and which are not. It doesn't block the whole Web page, just the download. If you go to download something that hasn't checked out as ok, IE 9 will warn you that the app "is not commonly downloaded and could be risky."

IE 10 will also warn you about fishy Windows 8 apps posted to websites outside Microsoft's app store.

Special features in Google Chrome

Google Chrome automatically updates itself to the latest, safest version. Users never have to install an update manually.

Google Chrome makes it really difficult for Chrome extensions to include malware.

Special features in Mozilla Firefox

Firefox won't let you download any applications over the Web unless it's done over a secure connection. It can integrate antivirus applications to scan a download to verify its safety.

Click-to-play plugins gives you a warning if you are about to use an out-of-date or otherwise vulnerable plug-ins.

Special features in Apple Safari

Private AutoFill keeps a website from reading what you type as you type when filling out a form. You can complete the form with information from contacts, too.

Location warning tells you when a website is grabbing information about your whereabouts. You can block this info if you choose to.

Don't miss: 10 Awesome Apps To Protect Your Smartphone

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11 Tough Truths That Every Great Leader Knows

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models

One of the greatest traits in leaders is that they are able to handle being at the top so effortlessly that you wonder if they ever doubted themselves.

According to Deirdre Maloney, a speaker and author, these people do struggle, but they've also mastered how they're viewed by others.

"Great leaders know that every step they take, every decision they make, matters in the end," she wrote in her book "Tough Truths."

"They know they must strategize carefully, then act aggressively. They know they must think ahead — not just to their next step — but to the many steps after it. They know they must always be on the look-out for opportunities, and for others who will fight them for the same." 

In her book, Maloney shared 11 tough leadership lessons that aren't usually discussed by those on top.

Everything is politics

This is not about the politicians, but about the politics that we have to face every day, because "we interact with people who have what we want, and who want what we have to give."

This is not a bad thing. 

"Whether we want our boss to give us a raise, our child to stop squirming on the airplane, or the department store to take back our purchase when we don't have a receipt, every single interaction involves influencing and persuading others in order to get what we want.

And great leaders understand that this persuasion is everywhere and that not only do you have to have great work ethic, you also have to have the "ability to have relatable, effective and influential relationships."

Even when you don't think that someone you meet can do something for you at the moment, you know that they could be a significant factor in the future.

SourceTough Truths



Success makes you unpopular

When you're a leader-in-progress, you will have people supporting you whether that's your boss or colleagues. However, once you start achieving the expectations that these people have, you'll become less-liked by them.

Your success has made you unpopular.

Maloney said that to be a great leader, you need to have a "strong will and an even stronger stomach." At the end of the day, you need to remind yourself that your job isn't to make everyone happy, but rather to improve the organization as a whole.

SourceTough Truths



You aren't really that interesting

Everyone thinks that they're interesting, but great leaders know that their stories aren't as interesting to other people as it is to themselves. So they keep the focus on the other person. 

"They keep their stories short, their complaints even shorter. They don't send long emails or memos that go on for pages. They leave the other person wanting more."

Instead, when you turn the attention on the other person, they will inevitably share more about themselves with you, and when this happens, a bond is formed and that's how you get people to trust you.

During these conversations, those great leaders never get your name wrong and they're fully focused on what you're saying. 

SourceTough Truths



See the rest of the story at Business Insider

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Why Neither Presidential Candidate Will Touch The Housing Crisis [CHARTS]

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home price chart

Both presidential campaigns have addressed a broad array of topics, but have largely shied away from talking about the housing market. 

This is because the housing market is worse off than it was in 2008.  And even though there are signs of a recovery, few experts are confident enough to declare that the bottom is behind us.

Click here to jump straight to the charts >

For president Obama, he hasn't been able to pull off a recovery that he would have liked. For Romney who wants to curb government intervention in the housing recovery, he risks negatively impacting a large voting block of distressed homeowners.

For both, this is a hot button topic especially in swing states like Nevada, Florida, and Michigan where housing has yet to recover.

Over 10 million homeowners are still underwater on their mortgages. These homeowners in negative equity – when homeowners owe more on their mortgage than their home is worth – and unemployed homeowners pose a huge risk to the housing market, because of their lack of motivation and inability to pay their mortgages respectively.

A new report from RealtyTrac finds that, "based on five key metrics related to the housing market — average home price, unemployment rate, foreclosure inventory, foreclosure starts and share of distressed sales — the U.S. housing market comes out slightly worse off than it was four years ago".

We drew on the report to show you how housing has changed from 2008, when president Obama took office, to now.

Note: The report has data for 919 counties.

The average price of a residential property has declined 20 percent over the past four years.



Foreclosure inventory has declined since Q4 2010, but distressed sales still account for 37 percent of all sales.



580 of 919 counties are worse off than four years ago in key metrics.



See the rest of the story at Business Insider

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These Are The 13 Most Terrifying Ads Ever

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It's that time of year again! Time to take out your pumpkin carving supplies, overdose on candy, and watch as many horror flicks on Turner Classic Movies as you can handle.

To help everyone get into the spirit of Halloween we put together this slideshow of the most terrifying ads ever, from around the world.

Not all of the ads were specifically created with Halloween in mind. Some of them are PSAs.

And, of course, they're ads, so many of their chills are rounded off in a tame ending.

A couple of them, however — including our No.1 choice, the incredibly original trailer for the video game "Dead Island" — will totally creep you out.

13. Agent Provocateur — "Fleurs du Mal"

It all starts with a solitary woman receiving an unsettling prank phone call. Reminiscent of campy 1970's horror films, the 2012 Agent Provocateur ad by Epoch London then follows the woman as she is attacked by a mob of lingerie clad models. (Warning: there are brief flashes of nudity in this ad.)

Initially the ad was challenged by offended viewers, but ultimately the U.K. Advertising Standards Authority (ASA), not known for its leniency, ruled that though borderline, the ad was still fit for public viewing.



12. LG Electronics — "So Real It's Scary"

SuperHeroes, Amsterdam, created this ad for LG Electronics to promote the new high-def flat screen televisions. The LG team covered the floor of an elevator with nine flat screens and then tricked unwitting elevator riders into thinking the floor of the car was falling apart beneath their feet.



11. Dirt Devil — "The Exorcist"

Andrea Roth directed this devilish ad for Dirt Devil in 2011, in which a genuinely creepy priest is called to perform an exorcism and as he gazes upon the possessed woman he cleverly professes, "you know when it's the devil." The shot then pans up to the apartment above where an old woman is vacuuming. 



See the rest of the story at Business Insider

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