recent articles.en-usRss7 factors that could make a lower salary a better deal Institute for Media, Architecture and DesignMoney is often on our minds — how to get more of it so we can cover bills and have some left over to buy things we may want for ourselves and the others in our lives.That’s why when it comes to our salary, it would make sense to want as large a salary as possible.However, the offer we receive may not always seem like the most attractive one.It might be easy to just dismiss the job offer and move on to the next highest bidder, but a good lesson I’ve learned over the years is that, while money does solve some things, it’s not the only factor to consider when accepting a job.I’d even go as far as to say that actually taking a lower amount might just end up leading to better things for you — and a good perspective.Here’s why:1. Lower cost of living and better quality of lifeIf the job is in a different part of the country where the cost of living is much lower, then it is a good idea to take that lower salary. You will still be able to cover all your expenses plus live comfortably and perhaps upgrade to an area of the country that offers a more relaxed environment or is known as a better place to raise children.That’s just a trade off that makes sense and leaves you with a lot more than having to live somewhere that was not as friendly or safe — or where you might feel compelled to pay for things you probably shouldn't.Related: Shark Tank Star Mark Cuban: 'Money Can't Buy Happiness'2. Better tax rateSometimes all that the extra money in your salary does is put you in a tax bracket that ends up taking a larger chunk of your income. This may leave you with not as much money in your pocket as you had first imagined, so a lower amount might be able to let you keep a few more of those pennies.3. Better work scheduleIf that lower salary comes with the ability to telecommute and work remotely part or all of the time, then it would definitely be a good deal. That’s because you can save a considerable amount of money by working from home.For example, expenses like gas and other commuting costs like more maintenance on your vehicle, lunches, and professional clothes, can be so much lower if you telecommute.Also, just imagine all those hours you will gain back to do what you like from not having to commute back and forth to work. It’s difficult to actually calculate a quantitative sum, but it does lead to a higher quality of life when you realize those hours that were spent in the car are now being used toward exercise, time with family or friends, hobbies, errands or whatever else you need or want to do. There's something about that much freedom. We offer this to all our employees at Due at least one day a week. It's been a great perk for our employees as well as moral of the company.4. Better benefitsWhen you have dependents or you are on your own, it may be that the benefits offered become more important than extra cash.The ability to have things like medical, dental, and vision insurance as well as childcare, sick days and paid vacation, and any type of retirement account can really add up to a sizable advantage that helps you live a healthy life now and save for the future.As a business owner, this money adds up. While not being able to pay employees more, these are great perks to keep them around for a long term.Related: The Secret to Happiness at Work Is the Right Job for Enough Money5. Better opportunitiesIf you have been trying to get into that field of work that you’ve always dreamed about it and this is a chance to get your foot in the door, take it. You will be better because you will be happier and excited to now gain experience and grow in the industry you feel passionate about.Or, you may be struggling to find a job in a certain business segment and another opportunity has presented itself, so this is your chance to take the leap. The level of fulfillment and joy you will feel equates to much greater value than the monetary figure.When I started my invoice company, we had a young engineer apply to our company. He knew he was younger and less experienced. We would have overlooked him had he not put on there that he would accept 50 percent the salary of our lowest paid engineer. He just wanted to learn. Years later, he is one of the leaders of our dev team.6. Better financial managementThere is also the idea that learning to do more with less is actually a better way to live because you don't focus on material things and learn to live a richer life by getting the most value out of what you have rather than overspending.This may be your opportunity to learn how to make vast improvements to your financial management. Many with lower incomes have been able to still save money for retirement and emergencies.Related: Money — Even Lots and Lots of Money — Can't Buy You Happiness7. The common denominator: happinessWith each of the aforementioned ways that you will become better by accepting a lower salary, there is one common denominator that results from each one, and that is happiness — something that matters more than money and something money definitely can’t buy.Also, more than one person has noted that they found out more money only led to more problems.It’s easy to jump to conclusion that money brings happiness and bliss because it lets you do and buy some things that you maybe were not able to do or buy before — but it can’t ever create a happy, fulfilling life.With everything being a trade-off, it’s up to you decide if you are focused on the idea of money or more on the desire to create a balanced life that offers financial security while still feeling satisfied with what you have achieved.NOW WATCH: Yale history professor: Trump's path to tyranny is unfoldingTue, 23 May 2017 12:54:00 -0400 cognitive decline making Trump less articulate? ImagesIt was the kind of utterance that makes professional transcribers question their career choice:" … there is no collusion between certainly myself and my campaign, but I can always speak for myself — and the Russians, zero."When President Trump offered that response to a question at a press conference last week, it was the latest example of his tortured syntax, mid-thought changes of subject, and apparent trouble formulating complete sentences, let alone a coherent paragraph, in unscripted speech.Youtube Embed: 853pxHeight: 480pxHe was not always so linguistically challenged.STAT reviewed decades of Trump's on-air interviews and compared them to Q&A sessions since his inauguration. The differences are striking and unmistakable.Research has shown that changes in speaking style can result from cognitive decline. STAT therefore asked experts in neurolinguistics and cognitive assessment, as well as psychologists and psychiatrists, to compare Trump's speech from decades ago to that in 2017; they all agreed there had been a deterioration, and some said it could reflect changes in the health of Trump's brain.In interviews Trump gave in the 1980s and 1990s , he spoke articulately, used sophisticated vocabulary, inserted dependent clauses into his sentences without losing his train of thought, and strung together sentences into a polished paragraph, which — and this is no mean feat — would have scanned just fine in print. This was so even when reporters asked tough questions about, for instance, his divorce, his brush with bankruptcy, and why he doesn't build housing for working-class Americans.Youtube Embed: 853pxHeight: 480pxTrump fluently peppered his answers with words and phrases such as "subsided," "inclination," "discredited," "sparring session," and "a certain innate intelligence." He tossed off well-turned sentences such as, "It could have been a contentious route," and, "These are the only casinos in the United States that are so rated." He even offered thoughtful, articulate aphorisms: "If you get into what's missing, you don't appreciate what you have," and, "Adversity is a very funny thing."Now, Trump's vocabulary is simpler. He repeats himself over and over, and lurches from one subject to an unrelated one, as in this answer during an interview with the Associated Press last month:"People want the border wall. My base definitely wants the border wall, my base really wants it — you've been to many of the rallies. OK, the thing they want more than anything is the wall. My base, which is a big base; I think my base is 45 percent. You know, it's funny. The Democrats, they have a big advantage in the Electoral College. Big, big, big advantage. … The Electoral College is very difficult for a Republican to win, and I will tell you, the people want to see it. They want to see the wall."For decades, studies have found that deterioration in the fluency, complexity, and vocabulary level of spontaneous speech can indicate slipping brain function due to normal aging or neurodegenerative disease. STAT and the experts therefore considered only unscripted utterances, not planned speeches and statements, since only the former tap the neural networks that offer a window into brain function.The experts noted clear changes from Trump's unscripted answers 30 years ago to those in 2017, in some cases stark enough to raise questions about his brain health. They noted, however, that the same sort of linguistic decline can also reflect stress, frustration, anger, or just plain fatigue.Ben Michaelis, a psychologist in New York City, performed cognitive assessments at the behest of the New York Supreme Court and criminal courts and taught the technique at a hospital and university. "There are clearly some changes in Trump as a speaker" since the 1980s, said Michaelis, who does not support Trump, including a "clear reduction in linguistic sophistication over time," with "simpler word choices and sentence structure. … In fairness to Trump, he's 70, so some decline in his cognitive functioning over time would be expected."Some sentences, or partial sentences, would, if written, make a second-grade teacher despair. "We'll do some questions, unless you have enough questions," Trump told a February press conference. And last week, he told NBC's Lester Holt, "When I did this now I said, I probably, maybe will confuse people, maybe I'll expand that, you know, lengthen the time because it should be over with, in my opinion, should have been over with a long time ago."Youtube Embed: 853pxHeight: 480pxOther sentences are missing words. Again, from the AP: "If they don't treat fairly, I am terminating NAFTA," and, "I don't support or unsupport" — leaving out a "me" in the first and an "it" in the second. Other sentences simply don't track: "From the time I took office til now, you know, it's a very exact thing. It's not like generalities."There are numerous contrasting examples from decades ago, including this — with sophisticated grammar and syntax, and a coherent paragraph-length chain of thought — from a 1992 Charlie Rose interview: "Ross Perot, he made some monumental mistakes. Had he not dropped out of the election, had he not made the gaffes about the watch dogs and the guard dogs, if he didn't have three or four bad days — and they were real bad days — he could have convincingly won this crazy election."The change in linguistic facility could be strategic; maybe Trump thinks his supporters like to hear him speak simply and with more passion than proper syntax. "He may be using it as a strategy to appeal to certain types of people," said Michaelis. But linguistic decline is also obvious in two interviews with David Letterman, in 1988 and 2013, presumably with much the same kind of audience. In the first, Trump threw around words such as "aesthetically" and "precarious," and used long, complex sentences. In the second, he used simpler speech patterns, few polysyllabic words, and noticeably more fillers such as "uh" and "I mean."Youtube Embed: 853pxHeight: 480pxThe reason linguistic and cognitive decline often go hand in hand, studies show, is that fluency reflects the performance of the brain's prefrontal cortex, the seat of higher-order cognitive functions such as working memory, judgment, understanding, and planning, as well as the temporal lobe, which searches for and retrieves the right words from memory. Neurologists therefore use tests of verbal fluency, and especially how it has changed over time, to assess cognitive status.Those tests ask, for instance, how many words beginning with W a patient can list, and how many breeds of dogs he can name, rather than have patients speak spontaneously. The latter "is too hard to score," said neuropsychologist Sterling Johnson, of the University of Wisconsin, who studies brain function in Alzheimer's disease. "But everyday speech is definitely a way of measuring cognitive decline. If people are noticing [a change in Trump's language agility], that's meaningful."Although neither Johnson nor other experts STAT consulted said the apparent loss of linguistic fluency was unambiguous evidence of mental decline, most thought something was going on.John Montgomery, a psychologist in New York City and adjunct professor at New York University, said "it's hard to say definitively without rigorous testing" of Trump's speaking patterns, "but I think it's pretty safe to say that Trump has had significant cognitive decline over the years."No one observing Trump from afar, though, can tell whether that's "an indication of dementia, of normal cognitive decline that many people experience as they age, or whether it's due to other factors" such as stress and emotional upheaval, said Montgomery, who is not a Trump supporter.Even a Trump supporter saw and heard striking differences between interviews from the 1980s and 1990s and those of 2017, however. "I can see what people are responding to," said Dr. Robert Pyles, a psychiatrist in suburban Boston. He heard "a difference in tone and pace. … What I did not detect was any gaps in mentation or meaning. I don't see any clear evidence of neurological or cognitive dysfunction."Johnson cautioned that language can deteriorate for other reasons. "His language difficulties could be due to the immense pressure he's under, or to annoyance that things aren't going right and that there are all these scandals," he said. "It could also be due to a neurodegenerative disease or the normal cognitive decline that comes with aging." Trump will be 71 next month.NOW WATCH: 15 things you didn't know your iPhone headphones could doTue, 23 May 2017 12:51:32 -0400's smart bulbs will work with Alexa, Siri, and Google Assistant an effort to grow the customer base for its Echo line of smart speakers smart home products, Amazon is teaming up with one of the most well-known furniture-makers in the world: IKEA. The deal will allow owners of IKEA's new smart light bulbs to control them using their Echo devices. Users will be able to instruct Alexa, Amazon's virtual assistant, to turn on the lights or adjust their brightness. Currently, IKEA's lights can be operated through a separate smartphone app. Thanks to the new partnership, users will be able to control their lights without the app.The deal will give IKEA the opportunity to sell its smart bulbs to the millions of Echo owners. But the deal is not exclusive to Amazon. IKEA plans to soon open up control of its light bulbs to Google's Home smart speakers and to Apple devices through the iPhone maker's HomeKit system, which will users to ask allow Siri to turn on their IKEA lights. The furniture maker's hopes to make having a smart home simple and inexpensive, Björn Block, the company's Home Smart business leader, said in a press release."Making our products work with others on the market takes us one step closer to meet people’s needs, making it easier to interact with your smart home products," Block said.IKEA's smart bulbs start at $12 each. The company also offers a gateway device, which allows users to control the bulbs with an app, for $30, NOW WATCH: The newest flying car is backed by Larry Page — and you can buy it by the end of the yearTue, 23 May 2017 12:50:48 -0400's how to get rid of former residents mail of opening up your mailbox only to find mail for the people who used to live there? Here's how to stop it – write "Return to Sender" on the mail, or "No longer at this address." Also, mark out any bar codes. Then pop back into a mailbox. The piece will come up as undeliverable and will be hand-inspected.Follow Tech Insider: On FacebookTue, 23 May 2017 12:50:46 -0400 'Game of Thrones' photo of Daenerys mirrors Aegon the Conqueror INSIDER Summary:Entertainment Weekly recently published new "Game of Thrones" photos.One showed Daenerys on the back of Drogon in the midst of battle.A fan account realized the picture mirrors an illustration of Aegon the Conqueror found in "A World of Ice and Fire."Aegon was Daenerys' Targaryen ancestor, and her journey to Westeros has had a lot of parallels to his conquest of the seven kingdoms.Entertainment Weekly recently published a new set of exclusive photos from "Game of Thrones" season seven. The most hype-worthy picture was one of Daenerys riding on Drogon's back, seemingly in the midst of a fiery battlefield. Tweet Embed: season 7 exclusive epic new photos: Dracarys! #GOTs7 the image of Daenerys riding into battle on the back of a gigantic dragon isn't enough drama for you, then wait until you see an illustration of Dany's ancestor known as Aegon the Conquerer.A "Game of Thrones" fan account on Twitter posted the two pictures side by side, highlighting how similar the depiction of Aegon the Conqueror was to the new photo of Daenerys.Tweet Embed: And Aegon the Conqueror Parallels was the first Targaryen ruler of Westeros, and he conquered the seven kingdoms on the back of his own enormous dragon known as Balerion the Dread.The illustration of Aegon atop Balerion comes from "A World of Ice and Fire" — George R.R. Martin's encyclopedic text co written with Elio M. García and Linda Antonsson. The drawing appears in the book's title page, as seen in our copy below:"A World of Ice and Fire"/BantamHere's a look at the full drawing, created by illustrator Jordi Gonzalez for "A World of Ice and Fire" in 2014.Jordi Gonzalez/DeviantArtThe symmetry between Daenerys and Drogon next to Aegon and Balerion serves to remind fans of how much the two Targaryens have in common.Aegon came to Westeros with his fierce sister-wives Rhaenys and Visenya, each of whom had a dragon, too. Now, more than three hundred years later, Daenerys is arriving in Westeros with three dragons of her own and a mission of conquest."Game of Thrones" YouTuber Alt-Shift-X made a thorough video comparing Aegon's conquest strategy to Daenerys' possible tactics thus far. Watch below for a full overview of how the two Targaryen rulers match up:Youtube Embed: 854pxHeight: 480pxIn addition to possible parallels between Aegon and Daenerys, there's a running fan theory that Daenerys will actually wind up being one of the villains in "Game of Thrones." Her increasing penchant for burning people alive isn't doing much to dissuade people of this idea. Now seeing her atop Drogon and presumably burning fields of enemies alive is increasing the odds of her engaging in similarly brutal conquest tactics — just like Aegon.We can't help but think showrunners David Benioff and D.B. Weiss intended for the season seven image of Daenerys to invoke comparisons to Aegon, but we'll have to wait for the new season before we know just how much of a "conqueror" Dany will be."Game of Thrones" season seven premieres on Sunday, July 16.NOW WATCH: Colonel Sanders' nephew revealed the family's secret recipe — here's how to make KFC's 'original' fried chickenTue, 23 May 2017 12:47:00 -0400 STILL doesn't include a keyboard with the new Surface Pro 5 announced new Surface Pro laptops on Tuesday, but they don't come bundled with Microsoft's Type Cover keyboard.That means you'll have to spend $130 if you want a physical keyboard, and that seems absurd.Previously, Microsoft marketed its Surface Pro devices as tablets that could replace your laptop, so it could be somewhat forgiven for not including a keyboard, as the Surface Pros were categorized as tablets designed to be used with your fingers. I personally still think that particular marketing was misguided, as Windows 10 isn't really a touch-friendly operating system.On Tuesday, however, Microsoft began marketing the new Surface Pros as "The most versatile laptop." I don't know about you, but I've never seen a laptop that doesn't come with a physical keyboard.Matt Weinberger/Business InsiderIf I bought the new Surface Pro as it's sold, I would be using the on-screen keyboard, which means half of the relatively small 12.3-inch screen screen would be taken up by the keyboard. That doesn't leave me much room on the Surface Pro's relatively small screen to see what I'm working on, which doesn't seem very "versatile." Sure, I could buy a cheap Bluetooth keyboard that costs less than the Type Cover, but part of the allure of the Type Cover is its magnetic and removable connection to the Surface Pro. It becomes part of the Surface Pro and acts as a screen cover when you pack it up and store it away in a bag.Matt Weinberger/Business InsiderThere is some good news, but only for those who bought the Type Cover for the Surface Pro 3 and 4, as it's compatible with the Surface Pro 5. The Type Cover and the new Surface Pro's priceA new Surface Pro with an Intel Core i5 processor, 8GB RAM, and 256GB of storage will cost you $1,300. It sounds mighty tempting when you compare it to Apple's equivalent MacBook Pro, which costs $1,500. But once you add the $130 keyboard for the Surface Pro, the total cost racks up to $1,430, which is only $70 cheaper than the equivalent MacBook Pro. And it might seem like Microsoft's most powerful Surface Pro offering, which includes a Core i7, 16GB RAM, 512GB of storage and cost $2,200, is a much better deal than Apple's equivalent MacBook Pro with similar specs, which costs $2,500. But that $300 you thought you were saving by going with the Surface Pro manifests itself in the lack of a dedicated graphics chip, which the i7 MacBook Pro includes.Hollis Johnson/Business InsiderPlus, remove the $130 you'd spend on a Type Cover keyboard from the savings of a Surface Pro, and you're only saving $170 over buying an equivalent MacBook Pro with a dedicated graphics chip and a keyboard.With that said, few people really need graphics chips for work. They're only useful if you do graphically intensive work, like video and photo editing, engineering work that require computer-aided design schematics, or play video games. I'd gladly take an i7 MacBook Pro without a graphics chip for a lower price. Until we no longer need to use words for things like web searches, writing emails, updating social media statuses, and writing up documents – you know, laptop stuff – keyboards are still integral to the usefulness of a laptop. If Microsoft is serious about selling the new Surface Pro as a laptop, it'll need to come bundled with the Type Cover keyboard.NOW WATCH: Microsoft just unveiled a $1,000 laptop — and it’s taking on Apple's MacBook AirTue, 23 May 2017 12:46:38 -0400 Street's biggest stories: May 23 to Finance Insider, Business Insider's summary of the top stories of the past 24 hours.Markets are taking a backseat today, as the tragic events in Manchester, England, dominate the news agenda. Back here in the US, Trump's budget proposal is the story of the day. Here's what you need to know:Trump's budget calls for staggering cuts to Medicaid, food stamps, and many other domestic programsTrump's budget asks for $1.6 billion to build the wall along the US-Mexico borderTrump's budget only works "if you believe in tooth fairies"The White House is proposing to sell half of the US's huge oil stockpileIn other news, new home sales in the US fell much more than expected in April.Traders can make a killing chasing the "smart money." And these are the 14 VIP stocks that matter most to hedge funds, according to Goldman Sachs. A consumer-protection rule that had been delayed by Trump is set to go through.Fidelity is allowing clients to see digital currencies on its website. The startup trying to bring blockchain to Wall Street has raised $107 million. And we got a look inside a vast Icelandic bitcoin mine.The Fed's actions speak louder than its words, which is why bond buying is here to stay. And "duck and cover" is the new art of dealing with bond markets, according to Aberdeen Asset Management. Here are 200 Excel shortcuts that'll make your life a lot easier. And doing a great job is necessary to get ahead at work, but it's not enough, according to Morgan Stanley’s chief risk officer.Mark Fields was ousted as CEO of Ford on Monday, not quite three years into his tenure. Here's the latest:Ford is no longer just a car companyFord's new CEO will have to tell Wall Street a different storyThe auto industry is facing "unprecedented change" — and Ford needs to move fasterThere's a simple reason Ford's CEO was pushed out — and it has nothing to do with self-driving carsFord claims its new CEO has deep ties to Silicon Valley — but the company still has a big self-driving-car problemIn related news, Google's Waymo could eventually be a $70 billion company.Elsewhere, the chain hailed by Wall Street as a "retail treasure" runs the most disastrous store we've ever seen.The ceiling of this new Airbus private jet is one giant screen. Boeing is taking extreme measures to make sure Bombardier does not become another Airbus.The VC firm that made early bets on Uber and Snap is investing in a marijuana breathalyzer. Silicon Valley is getting interested in healthcare — here's why that could be a good thing. And here's how rich you would be if you invested $1,000 in Netflix when it first went public 15 years ago.Lastly, this is the new best whiskey in the world, according to an international spirits competition.NOW WATCH: SCOTT GALLOWAY: Netflix could be the next $300 billion companyTue, 23 May 2017 12:33:44 -0400 wants to sell half of emergency US oil reserve Trump's budget calls for a sale of half the oil the US has stockpiled to shield Americans from a shock that could send gasoline prices spiking.Tue, 23 May 2017 12:33:14 -0400 Smith, Brad Pitt defend Netflix is locked in a war with movie traditionalists, and its A-list stars like Will Smith and Brad Pitt are coming to the streaming giant's defense.Netflix seemed to be making progress in its frosty relationship with the movie establishment when it got two films into Cannes this year, Boon Joon-Ho's "Okja" and Noah Baumbach's "The Meyerowitz Stories."But then Cannes decided to tweak its competition rules, after this year, as a result of the backlash toward the inclusion of the Netflix titles. Going forward, films will only qualify if they have a theatrical release in France ."The establishment closing ranks against us," Netflix CEO Reed Hastings wrote on Facebook. "See Okja on Netflix June 28th. Amazing film that theatre chains want to block us from entering into Cannes film festival competition." Netflix has historically sparred with movie theaters over its commitment to make movies available online the same day they are in theaters.Netflix's movie stars have come to its defense, arguing that it is expanding the industry, not hurting it."Quite honestly, without a delivery system like Netflix, this movie wouldn't have been made," Brad Pitt said of "War Machine," his Netflix satire about American military involvement in Afghanistan. "Or if it did get made, it would have been at one-sixth of the budget only ... there is a great degree of difficulty to pull off," Pitt said at a press conference in Tokyo Monday, according to ABS-CBN News. "I guess the financial risk is really difficult for the studios to take on at this time."Pitt's comments echo those of prominent producer Brett Ratner. Ratner said Friday that before Netflix, "Okja" had been pitched to traditional film distributors, which didn't want to back a $55 million film that was from a Korean director and didn't necessarily have franchise potential, according to The Hollywood Reporter. These kinds of mid-budget movies have become nearly impossible to make work, he said.An absolute benefitOn Wednesday at a Cannes jury press conference, after legendary director Pedro Almodovar seemed to take a shot at Netflix, Will Smith described Netflix usage in his own home as an "absolute benefit,” according to Variety. Why?"[My children] get to see films they absolutely wouldn’t have seen," Smith continued. "Netflix brings a great connectivity. There are movies that are not on a screen within 8,000 miles of them. They get to find those artists.”Smith, like Pitt, isn't an unbiased party. Netflix reportedly shelled out more than $90 million for an upcoming Smith blockbuster "Bright." The movie is a cop thriller set in a world that's similar to ours in time period but contains fantasy creatures like orcs and elves.But while Pitt, Ratner, and Smith have done business with Netflix, the fact that Hollywood big-wigs are coming to the streaming giant's defense is good for Netflix. The streaming service needs all the ammunition it can get.Additional reporting by Jason Guerrasio.NOW WATCH: Why Sean Parker’s plan to stream movies still in theaters for $50 could workTue, 23 May 2017 12:32:30 -0400 of the Baltimore police officers from the Freddie Gray case could be fired Police Department via APFive of the Baltimore police officers involved in the 2015 in-custody death of Freddie Gray have been charged with administrative violations and face suspension or termination, the Baltimore Sun reported on Monday.Three of the officers could be fired, including Officer Caesar Goodson, who drove the police van that was transporting Gray when he suffered the spinal injuries that led to his death, as well as supervisors Lt. Brian Rice and Sgt. Alicia White, sources told the Sun.The other two officers, Edward Nero and Garrett Miller, face five-day suspensions without pay.Each of the five officers facing internal discipline had also been criminally charged in Gray's death, as was a sixth officer, William Porter. None was convicted.The internal charges follow an administrative investigation that was conducted by the Montgomery and Howard county police departments, so as to avoid a conflict of interest.The officers' attorney Michael Davey told the Sun that they have been charged with "violations of policy and procedure," but the details of those alleged violations remain unclear.The Baltimore Police Department has not commented on the alleged violations, telling NBC News that the investigation pertains to "personnel matters."In response to news of the internal charges, Baltimore State's Attorney Marilyn Mosby said she was "relieved to know that a majority of those involved will be held administratively accountable for their actions."Andrew Burton/Getty ImagesMosby dropped criminal charges against two of the officers last summer after failing to secure a conviction for the other four. Three of the officers were acquitted by a judge, and the fourth case ended in a mistrial after the jury deadlocked."Justice is always worth the price paid for its pursuit," Mosby said in a statement Monday. "This case has always been about providing justice for an innocent 25-year-old man who was unreasonably taken into police custody, severely injured while in police custody, and died due to a lack of care."Porter, the officer whose case resulted in a mistrial, faces no internal discipline and plans to remain at the police department, his attorney Joseph Murtha told the Sun.The administrative review's results proved that Porter was "a truth-teller" in his description of the events leading up to Gray's death, Murtha said.NOW WATCH: The 9 best memes from Trump's first 100 days in officeTue, 23 May 2017 12:22:46 -0400 Manu Ginobili and the best second-round picks the San Antonio Spurs lost to the Golden State Warriors on Monday, it may have marked the end of Manu Ginobili's Hall of Fame career. If Ginobili does retire, it will also mark the end of what was one of the best draft picks of the last 30 years.In the late '90s, the San Antonio Spurs accidentally discovered Ginobili, and in 1999, they took the relatively unknown player from Argentina with the 57th pick of the NBA Draft. He eventually came to the NBA for the 2002-03 season, the first of his 15 seasons with the Spurs, a run that included four championships.Since the NBA Draft was reduced to just two rounds in 1989, no player drafted in the second round has more career Win Shares , a measure of a player's all-around production, than Ginobili . He is the only second-round pick during this time with more than 100 WS and Rashard Lewis is the only other player over 90.Not bad for a player who came off the bench most of his career.Diana Yukari/Business InsiderNOW WATCH: We took an intense yoga lesson from a WWE legendTue, 23 May 2017 12:22:00 -0400 attack: Will tourists keep coming to Europe? attack in Manchester is the latest in a series of deadly terrorist attacks to hit Europe. They are already prompting some tourists to change their travel plans.Tue, 23 May 2017 12:21:27 -0400 you need to know in advertising today ReutersFacebook says it want to help media companies make more money from digital ads. And now, the social networking giant is even offering to let publishers sell ads using Facebook’s data.The question is, will media companies, leery of Facebook’s formidable and ever-growing clout in the ad business, welcome the help?To read more on Facebook's new olive branch to the media industry, click here.In other news:Snapchat has introduced a new feature that lets people collaborate on Stories. It's the latest maneuver in the company's battle with Facebook's Instagram.A startup that has built digital profiles on 200 million people has raised $31 million. The New York-based BounceX plans an acquisition and hiring spree.Fox News has fallen into 3rd place in primetime ratings for the first time in nearly 17 years. The network has recently undergone a major shakeup in its primetime lineup with the departure of longtime anchor Bill O'Reilly.The ad agency holding company Havas is launching a new platform designed to help clients track exactly where they are spending money on digital ads. The company is looking to assuage marketer concerns over the perceived lack of transparency in programmatic advertising, reports the Wall Street Journal.Snapchat is trying to reimagine TV for mobile phones. The company has commissioned a number of new series for its Discover platform, reports Variety. NOW WATCH: Yale history professor: Trump's path to tyranny is unfoldingTue, 23 May 2017 12:21:00 -0400 are the top US asylum seekers today in every five asylum seekers in the US this year is Venezuelan, a troubling trend that speaks to the severity of the country's many crises.Tue, 23 May 2017 12:16:09 -0400 attack on North Korea is imminent, George Friedman says KCNA/ReutersThe US is preparing to attack North Korea, according to Geopolitical Futures founder George Friedman—setting the stage for a difficult, messy war with potentially catastrophic consequences.Speaking Monday to a rapt audience at the 2017 Strategic Investment Conference in Orlando, Friedman said that while it is unlikely the US will take action before President Trump returns home at the weekend, North Korea’s actions appear to have “offered the US no alternative” to a clash.According to Geopolitical Futures analysis, evidence is mounting that the enmity between the two is escalating to a point where war is inevitable.Friedman revealed that on May 20, the USS Carl Vinson supercarrier was joined off the Korean peninsula by the USS Ronald Reagan.Additionally, more than 100 F16 aircraft are conducting daily exercises in the area, a tactic which foreshadowed the beginning of Desert Storm in 1991.F35 aircraft have also been deployed to the area, and US government representatives will be briefing Guam on civil defense, terrorism, and Korea on May 31.All of these strategic moves telegraph one outcome—conflict.Friedman’s decision to make public his focus on North Korea comes days after the secretive state’s latest ballistic missile launch. The UN Security Council condemned its “highly destabilizing behavior and flagrant and provocative defiance” of the organization.Seoul in the Cross-HairsProblems with any conflict are myriad. The 25 million people of the Seoul metropolitan area lie in reach of what Friedman called a “stunning mass of [North Korean] artillery.” Any strike on North Korea would likely result in a retributive attack on Seoul.“We cannot afford the kind of casualties this will create,” Friedman warned, adding that the US needs to neutralize the artillery by strategic bombardment.A second problem for the US is that any conflict will necessarily rely on imperfect intelligence, and the impact of incorrect information could take a devastating human toll.Friedman also called attention to Andersen Air Force Base in Guam, noting that a North Korean attack on the base is Kim Jong-un’s only chance at delaying the war.Pointedly branding the North Korean elites “neither crazy nor stupid,” Friedman said they have “homicidal, but not suicidal tendencies.” “We are facing a war that is not simple,” he said, adding that Russia and China are both washing their hands of the matter.Reuters/ U.S. Navy/Mass Communication Specialist 2nd Class Sean M. Castellano/HandoutAn Undeclared War?In off-the-cuff remarks following his speech at the SIC 2017, Friedman said a conflict would mark the beginning of another undeclared war.“We have not declared war on a country since World War II, a terrible mistake morally and constitutionally, but also practically,” he said. “Getting congress to declare war binds both sides together and puts responsibility on all.”Nonetheless, he said, North Korea is America’s problem to bear.“This is how it’s going to be for America over the next decade because we are the major global power and that power is of the sort that doesn’t disappear very quickly,” he said. “We are the only country in the world with a global military capability.”“There is no other power that can conceivably—and I include the Chinese in this—take effective military action against the North Koreans to stop a nuclear program,” he continued. “That means it’s either the US [takes action], or North Korea has a nuclear weapon.”Systemic War Will Come to the 21st CenturyRumors of the demise of America’s hegemonic status are greatly exaggerated, according to Friedman. A consequence of its unparalleled power is that it will continue to “be involved in all sorts of miserable wars every 5–10 years. It’s partly because no one else wants to do it and partly because we can afford to and partly because of long-term threats.”As for the remainder of the 21st century, Friedman was pragmatic. “Every century has its systemic wars,” he said. “The odds that the 21st century will be the first not to have it are slim to none.”For the foreseeable future, it seems, the US’ reluctant sheriff’s hat will remain in place.Get Live Updates from the Sold-Out 2017 Strategic Investment ConferenceDon’t miss out as some of the world’s leading asset managers, geopolitical experts, and Federal Reserve insiders, including John Mauldin, George Friedman and Ian Bremmer, discuss how to assemble a winning portfolio for the Paradigm Shifts now destabilizing the world. Click here to tune in.NOW WATCH: Here's what popular dog breeds looked like before and after 100 years of breedingTue, 23 May 2017 12:15:00 -0400 are all of the Memorial Day deals you need to know Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase.While Memorial Day honors members of the armed forces who have died serving our country, it also has several lighter, commercialized connotations. You may think of the holiday as the unofficial start of summer or the release date of a highly-anticipated summer blockbuster.Memorial Day is also an opportunity to take advantage of some really great deals. You could go to your local mall to shop all of the sales, but you'll cover much more ground online.To make your Memorial Day weekend shopping as efficient as possible, we put together a list of the best sales. Check back here for updates soon.  3x13x1Looking for some new jeans? Between May 26 and May 29, you can take 25% off sale items — all you need to do is enter "MDW25" at checkout.Shop here >>AJ MadisonAJ MadisonAppliance store AJ Madison is offering up to 40% off tons of refridgerators, dishwashers, and more. Plus, depending on the product, you can also score free shipping.Shop here >>AmazonAmazonAmazon has daily deals across many product categories, so make sure to make it one of your first virtual stops over Memorial Day weekend.If you're not a Prime member already, now is a good time sign up — not only can you get same-day shipping for any last-minute grill accessories you need, you're also granted early access to certain lightning deals.Shop here >>See the rest of the story at Business InsiderTue, 23 May 2017 12:15:00 -0400 to hide your embarrassing Instagram posts with new archive feature is testing a new feature that lets users hide posts to a private place on their profile.Tue, 23 May 2017 12:12:06 -0400$1,000 in Netflix 15 years ago worth $140K today Netflix went public in 2002, its business model was renting DVDs over the Internet. Now, it is a legit global media giant thanks to hits like "House of Cards" -- and its stock has outperformed Apple, Amazon, Facebook and Google.Tue, 23 May 2017 12:06:30 -0400's CEO thinks he's misunderstood Kalanick does give a damn 'bout his bad reputation.Tue, 23 May 2017 11:55:03 -0400'Twin Peaks’ Premiere Delivers Only Half a Million Viewers Lynch’s series returned to TV after more than 25 years.Tue, 23 May 2017 11:45:17 -0400 Grande suspends tour following Manchester terror attack full story for latest details.Tue, 23 May 2017 11:28:07 -0400 dumb 401(k) moves - May. 23, 2017 full story for latest details.Tue, 23 May 2017 11:02:44 -0400 you, the birds, the gargoyles and Darth Vader can get this view of D.C.  - Video, 23 May 2017 10:58:20 -0400's safety net at risk from Trump's budget ax, 23 May 2017 10:57:49 -0400 thump is short-lived as stocks rebound continued to rebound from their big drop last week. Investors seem to be putting concerns about turmoil in the Trump administration and are focusing more on strong earnings and Trump's budget proposal. For now at least.Tue, 23 May 2017 10:06:50 -0400 Down, Investors: OPEC (NYSE: USO) Meetings Themselves Hold Little Weight of the Organization of the Petroleum Exporting Countries and other oil producers are set to meet this Thursday to discuss extending output moreTue, 23 May 2017 08:37:12 -0400 Among The 22 Dead In Latest UK Terror Attack struck yet again in the United Kingdom. Two months after a terrorist drove a car into pedestrians on the iconic Westminster Bridge in London, authorities are saying a suicide bomber blew himself up at the conclusion of an Ariana Grande concert in moreTue, 23 May 2017 08:21:01 -0400 Stocks Moving In Tuesday’s Pre-Market Session Inc rose 15.3 percent to $5.29 in pre-market trading as the company reported the purchase of BarioSurg and its Gastric Vest moreTue, 23 May 2017 08:04:32 -0400 As A Pain Reliever? much of anything is a poison, and moderation is recommended for anything to work in a positive manner. This seems to ring right and true even for alcohol, as a drinking binge can cause several health to physiological to psychological to behavioral issues.That said, analysis of some studies has confirmed alcohol's benefits, when consumed in moreTue, 23 May 2017 07:47:18 -0400 Money Traders Share Thoughts On Netflix (NASDAQ:NFLX) CNBC's "Fast Money," Tim Seymour said that Netflix, Inc. is a fantastic company but it has some moreTue, 23 May 2017 07:41:55 -0400 Peek Into The Markets: U.S. Stock Futures Gain Ahead Of Economic Reports moversread moreTue, 23 May 2017 07:17:50 -0400 Street's M&A Chatter From May 22:, Nutraceutical-HGGC, Huntsman-Clariant following are the M&A deals, rumors and chatter circulating on Wall Street for Monday, May 22, 2017.Nutraceutical to be Acquired by HGGC for $41.80/Share in CashThe Deal:read moreTue, 23 May 2017 07:11:47 -0400, GM, Halliburton, Snap: Fast Money Picks For May 23 CNBC's "Fast Money Final Trade", Tim Seymour recommended a long position in FedEx Corporation .Karen Finerman believes that General Motors Company is a moreTue, 23 May 2017 07:08:14 -0400 Cramer Gives His Opinion On Yum China, Panera Cramer said on CNBC's "Mad Money" that Yum China Holdings Inc is inexpensive and he likes it very much. He advised his viewer to hold his long position in the moreTue, 23 May 2017 07:07:16 -0400 Brothers earnings Q2 2017 Blake - U.S. luxury homebuilder Toll Brothers Inc reported a 40 percent rise in quarterly profit as it sold more homes and said its orders jumped 26 percent.Toll, which has been building luxury homes for half a century, said it expects to sell between 6,950 and 7,450 homes in fiscal 2017, up from its previous forecast of 6,700 to 7,500 homes.Orders, a key metric of future revenue for homebuilders, rose to 2,511 homes from 1,993 in the second quarter."This was the best spring selling season we have had in over 10 years," Chief Executive Douglas Yearley said on Tuesday.The U.S. housing industry has seen a steady recovery, driven by an improving job market.The number of homes sold rose to 1,638 from 1,304 in the quarter ended April 30.However, Toll Brothers said the average price of homes sold decreased to $832,400 from $855,500 a year earlier, partly as it rolled out a new line of lower priced homes, T-Select, to cater to millennials who are now entering their thirties and starting families.The Horsham, Pennsylvania-based company said its net income rose to $124.6 million, or 73 cents per share, in the quarter ended April 30 from $89.1 million, or 51 cents per share, a year earlier.Revenue rose 22.2 percent to $1.36 billion.Up to Monday's close, the company's shares had risen 22.7 percent this year.NOW WATCH: Here's why the American flag is reversed on military uniformsTue, 23 May 2017 06:59:00 -0400 plunges and then recovers its losses’d have to be a brave soul to be trading Bitcoin right now, at least in the short-term.The recent price action has been wild — and that’s saying something given the large intraday swings that are usually witnessed in the crytocurrency.After hitting a fresh record-high of $2,298 in overnight trade, it tumbled more than 10% to a low of $1,983 before rebounding yet again.It currently fetches $2,190, having added more than 10% from its overnight low.Investing.comWhile the recent short-term movements have been all over the place, the trend this year — apart from a stumble in March — has been significantly higher.From the low of $891.33 struck on March 25, and even with the recent slump, it is still up a stonking 135%.Last week, Business Insider reported that recent gains were likely driven by developments in Japan where Bitcoin is now recognised as legal currency.Speculation that the US Securities & Exchange Commission may overturn its decision to ban the creation of a Bitcoin Exchange Traded Fund may have also been a factor.The SEC has stated that it would accept public comments on the subject until May 15, but it’s yet to make a final decision. NOW WATCH: Yale history professor: Trump's path to tyranny is unfoldingTue, 23 May 2017 06:50:00 -0400 Bell, May 23, 2017 UgarteHere is what you need to know.Trump's budget is out. The White House's 2018 budget calls for massive cuts over the next 10 years to social safety net programs like Medicaid, food stamps, and the Children's Health Insurance Program while increasing the budget for the Department of Homeland Security and Department of Defense.The British pound is slipping after the Manchester bombing. The pound trades down 0.2% at 1.2972 against the dollar after an explosion following an Ariana Grande concert killed at least 22 people while injuring more than 50.Greece still doesn't have a deal. A meeting between Greece and its creditors failed to iron out details of a new debt deal, with the IMF reiterating its claims any framework must grant debt relief, Reuters says.Eurozone growth holds at a 6-year high. Flash eurozone PMI held at a 6-year high of 56.8 in May with IHS Markit saying, "Job creation also perked up to one of the strongest recorded over the past decade amid improved optimism about future prospects."Bitcoin plunges and then recovers. The cryptocurrency fell more than $300 a coin from Monday's record high of $2,298 before recouping its losses. Bitcoin now trades up almost 2% near $2,190.Apple and Nokia settle their patent dispute. Apple will pay Nokia an undisclosed upfront cash payment and additional revenues and the two sides agreed to collaborate further, Reuters says.Global smartphone sales jumped. The global smartphone market grew by 9.1% in the first quarter versus a year ago, but Apple and Samsung saw their marketshares fall, TechCrunch reports, citing Gartner data.Stock markets around the world trade mixed. China's Shanghai Composite lagged in Asia and Germany's DAX is out front in Europe. The S&P 500 is set to open up 0.2% near 2,398.Earnings reporting is light. AutoZone and Toll Brothers are among the names reporting ahead of the opening bell.US economic data flows. US Markit PMIs will be released at 9:45 a.m. ET and new home sales will cross the wires at 10 a.m. ET. The US 10-year yield is down 1 basis point at 2.25%.Tue, 23 May 2017 06:35:00 -0400 bomb attack: History of recent terror attacks in Britain© AFP Oli SCARFFLondon - At least 22 people were killed, including children, in a suicide bomb blast at the end of a pop concert by US star Ariana Grande in Britain's third city of Manchester.Police say they believe Monday night's attack, the deadliest on British soil in 12 years, was carried out by one man who had died at the scene.The country has been hit by a number of other terror strikes in recent years, including:2017: Westminster Bridge attackMike Nudelman/Business InsiderMarch 22: Five people are killed and more than 50 are wounded when a man rams his car into pedestrians on Westminster bridge in London before crashing into the barriers surrounding parliament and then stabbing a police officer to death.The attacker, 52-year-old British Muslim convert Khalid Mahmood, is shot dead by police at the scene. Investigators describe the lone-wolf attack as "Islamist-related terrorism."2016: Jo Cox murderedReutersJune 16: British Labour lawmaker Jo Cox is shot and stabbed to death by a pro-Nazi sympathiser just days before the historic vote to leave the EU. Far-right white nationalist Thomas Mair is later sentenced to life in prison for her murder.2015: London underground stabbingPixabayDecember 5: A paranoid schizophrenic stabs two people at London's Leytonstone Underground station, two days after Britain's first air strikes on the jihadist Islamic State group in Syria. The knifeman, Somali-born Muhaydin Mire, 30, is sentenced to life behind bars. The police say the incident is a "terrorist" attack.2013: Soldier Lee Rigby slainYui Mok/PA Archive/PA ImagesMay 22: British soldier Lee Rigby, 25, is hacked to death by two Britons of Nigerian descent near an army barracks in London. Witnesses say the attackers encouraged them to film the scene as they shouted "Allah Akbar" before being injured and arrested by police. In February 2014, Michael Adebolajo, 29, is sentenced to life in prison for the murder while Michael Adebowale, 22, receives a minimum of 45 years behind bars.2009: Northern Ireland shootingsPaul Faith/PA Archive/PA ImagesMarch 2009: sees a sudden resurgence of political violence in Northern Ireland with two soldiers shot dead outside their barracks by republican militants as they went to collect a pizza delivery, the first such slaying since 1997. Two days later a police officer is shot dead by a different paramilitary republican faction.2007: Glasgow airport attackAlistair Robertson/PA Archive/PA ImagesJune 30: Two men in a burning vehicle ram into the main terminal of Glasgow Airport in Scotland. An Indian driving the car suffers serious burns and later dies. The passenger, Iraqi doctor Bilal Abdulla, 29, is jailed in December for at least 32 years for plotting to murder hundreds of people.2005: Suicide bombers hit London transportEdmond Terakopian/PA Archive/PA ImagesJuly 7: Four British suicide bombers inspired by Al-Qaeda attack London's Underground network and a bus during rush hour, killing 52 people, as well as themselves, and wounding 700.It was the deadliest attack on British soil since a Pan Am airliner blew up over the Scottish town of Lockerbie, killing a total of 270 people including 11 on the ground, in 1988.The London attack took place just a day after the city was awarded the 2012 Olympics.Tue, 23 May 2017 06:34:00 -0400 Korea fired at a suspected North Korea drone amid tension over Pyongyang's latest missile test REUTERSSEOUL - South Korea's military fired warning shots at a suspected drone from North Korea on Tuesday amid tension over Pyongyang's latest missile test which drew international condemnation and a warning from China.The identity of the object remained unclear, the military said, but Yonhap news agency said it was possibly a drone, more than 90 shots were fired in return and it disappeared from radar screens.The incursion came with tension already high on the Korean peninsula after the North's test-launch of a ballistic missile test on Sunday which Pyongyang said proved advances in its pursuit of building a nuclear-tipped weapon that can hit U.S. targets.The United States has been trying to persuade China, North Korea's lone major ally, to do more to rein in North Korea, which has conducted dozens of missile launches and tested two nuclear bombs since the start of last year, in defiance of U.N. Security Council sanctions and resolutions.The North has made no secret of its plans to develop a missile capable of striking the United States and has ignored calls to halt its weapons programs, even from China. It says the program is necessary to counter U.S. aggression."We urge North Korea to not do anything to again violate U.N. Security Council resolutions," Chinese Foreign Minister Wang Yi said in a statement posted on the Foreign Ministry's website on Tuesday."At the same time, we hope all parties can maintain restraint, not be influenced by every single incident, ...persist in carrying out Security Council resolutions on North Korea and persevere with the resolution of the issue through peaceful means, dialogue and consultation."Wang was responding to reporters' questions on Monday while in Ivory Coast, according to the statement.The North's official KCNA news agency, citing the spokesman for the foreign ministry, said the country had "substantially displayed" the capabilities for mounting a nuclear attack on Hawaii and Alaska and had built full capabilities for attacking the U.S. mainland.U.S. and South Korean officials and experts believe the North is several years away from having such a capability.North Korea said on Monday that Sunday's launch met all technical requirements that could allow mass-production of the missile, which it calls the Pukguksong-2.The test was North Korea's second in a week and South Korea's new liberal government said it dashed its hopes for peace on the peninsula.REUTERS/Jung Yeon-Je/PoolThe U.N. Security Council condemned the launch and again expressed its concern over the North's behavior. The Security Council is due to meet behind closed doors later on Tuesday.North Korea's recent missile tests were a legitimate act of self-defense by a "fully-fledged nuclear power", North Korean diplomat Ju Yong Chol told the U.N. Conference on Disarmament in Geneva on Tuesday."It is the United States' hostile policy and its aggressive joint military drills, nuclear threats and military build-up around the Korean peninsula that really aggravates the situation on the Korean peninsula and the region and which compels the DPRK to also up its nuclear deterrence," he said.DPRK are the initials for the North's official name, the Democratic People's Republic of Korea. Ju was the only speaker at the forum who did not begin his remarks by offering condolences to Britain for the victims of Monday night's bomb attack at a concert in Manchester.The South Korean military did not say if the unidentified object was hit by the warning shots on Tuesday, but it disappeared from military radar.North Korea has previously sent drones into South Korean airspace, with some crashing. In January 2016, South Korea fired warning shots at a suspected drone which turned back.U.S. President Donald Trump has warned that a "major, major conflict" with North Korea is possible over its weapons programs, although U.S. officials say tougher sanctions, not military force, are the preferred option to counter the North Korean threat.Tue, 23 May 2017 06:30:00 -0400 sperm frozen in space for 9 months yield healthy mice's Stem Cell AgencyCAPE CANAVERAL, Fla. — After nine months in space, mouse sperm has yielded healthy mice, Japanese scientists reported Monday.The freeze-dried sperm samples were launched in 2013 to the International Space Station and returned to Earth in 2014. The intense radiation of space caused slight DNA damage to the sperm. Yet, after in vitro fertilization on the ground, healthy offspring resulted. The baby mice grew into adults with normal fertility of their own.The researchers — led by Sayaka Wakayama of the University of Yamanashi — said it's a step toward reproducing other mammals, even humans, using space-preserved sperm. They envision missions lasting several years or multiple generations, during which assisted reproductive technology might be used for domestic animals and people, too.The findings were published in the Proceedings of the National Academy of Sciences.Previous developmental studies in space have involved, among other things, fish and amphibians. Mammals are more difficult to maintain and handle in space, and so testing, by comparison, has been limited. More extensive testing on sperm preservation is needed in space, according to the researchers.Besides looking ahead to long-term space crews and societies, the researchers see other reasons for saving sperm in space, including in the event of disasters on Earth.The moon would be ideal for underground sperm storage, they noted, in particular lunar lava tubes because of "their very low temperatures, protection from space radiation by thick bedrock layers, and complete isolation from any disasters on Earth."NOW WATCH: Fewer women in the US are having babies than ever beforeTue, 23 May 2017 06:13:00 -0400 investors are making a killing chasing smart money J. PaniaguaTo profit from the stock market, be sure to follow the "smart money." Just figure out where hedge funds are investing, and then do the same.It's a strategy that, if executed properly, would've worked this year as the stocks most widely held by hedge funds have outperformed the broader market.Luckily for any aspiring smart money tracker, Goldman Sachs maintains an index of stocks in which fundamentally-driven hedge funds hold large positions — in other words, the companies that matter most to speculative institutional investors.The Goldman Hedge Fund VIP basket has climbed about 10% this year, beating the S&P 500 by almost four percentage points. Boasting the likes of Facebook, Amazon, Alphabet and Apple among the most popular and heavily-weighted holdings, the index has been a big beneficiary of a stock market that's been rewarding investors for doubling down on proven winners.Goldman SachsThe willingness of hedge funds to continue buying the same strong-performing stocks has pushed the firms' long exposure to the highest since 2013, according to Goldman. Further, gross leverage — or the total asset value held either long or short by a fund — has surged to the highest since the financial crisis.Upon first glance, this type of momentum-based investing may seem like a recipe for disaster. After all, crowded positions typically unwind in swift and unforgiving fashion, suggesting considerable downside risk in the event of an unexpected market shock. That's what happened in early 2016, when high-flying mega-cap tech stocks led to a temporary selloff.Not so fast, says Goldman, which points out that high leverage alone has not historically challenged momentum. Rather, there were other external conditions that led to the 2016 weakness that are absent today, most notably earnings.Mired in a five-quarter profit contraction back then, corporations in the S&P 500 are now coming off their best earnings growth since 2011. Goldman also notes that crowding in hedge funds is less pronounced now than it was a year ago.Goldman Sachs NOW WATCH: China built a $350 million bridge that ends in a dirt field in North KoreaTue, 23 May 2017 06:04:00 -0400 marketing tech firm BounceX raised $31 million for acquisitions ReutersMarketing technology company BounceX has raised $31 million in growth capital financing as it plans to embark on both an acquisition and hiring spree.Founded in 2012, BounceX refers to itself as a cloud-based behavioral marketing company. Unlike marketing technology – or 'martech' – giants like Adobe or Oracle, BounceX isn’t aiming to provide software designed to help marketers manage all of their data and budgets.Instead the The New York-based firm is focused on helping e-commerce companies and publishers ranging from Sears to Kate Spade to Gannett understand more about their web visitors. The more they know about these visitors, the better they can target them with ads and offers.According to CEO Ryan Urban, many web publishers and commerce sites aren’t capable of properly identifying customers — and maximizing their revenue — unless consumers register or login when they visit their sites. To help, Urban says BounceX has amassed data on 200 million web users with a focus on identifying people as they move from device to device.“So much of web targeting is cookie-based,” said Urban. “Everything we do is people based.”The tech firm creates these profiles by tracking more than 20 different identifiers. For example, they can tie a digital beacon to a person’s email address and track that person anonymously across different web outlets and devices, wherever they check email or use that address to log in or check out of particular web site, Ryan says.Marketers can use their own email address lists and other first-party data to match up with BounceX’s profiles and potentially connect with customers on multiple devices.For example, brands like Neiman Marcus can target small clusters of customers with more custom offers rather than blasting out the same email to their full subscriber list, said Urban.The new funding round was led by Silicon Valley Bank. The plan is to make several eight-figure acquisitions in the marketing technology sector and to hire several dozen engineers, said Urban. He won't say which startups BounceX is looking to buy.Urban said he expects BounceX to reach $100 million in annual recurring revenue within the next two years.NOW WATCH: Yale history professor: Trump's path to tyranny is unfoldingTue, 23 May 2017 06:00:00 -0400 attack: Shock ripples through global media full story for latest details.Tue, 23 May 2017 05:24:33 -0400 5 things to know before the bell's what you need to know about the markets before you start your business day.Tue, 23 May 2017 05:05:33 -0400 Manchester bombing Ariana Grande concert ErnstPresident Donald Trump addressed the deadly attack at an Ariana Grande concert in Manchester, England, labeling it a terrorist act and calling the perpetrators "evil losers.""I would like to begin by offering my prayers to the people of Manchester," Trump said, at a new conference with Palestinian President Mahmoud Abbas. "I extend my deepest condolences to those so terribly injured in this terrorist attack and to the many killed, and the families, so many families, of the victims.""We stand in absolute solidarity with the people of the United Kingdom."The president also used the news conference as an opportunity to call the person or people behind the attack "evil losers.""So many young, beautiful, innocent people living and enjoying their lives murdered by evil losers in life," Trump said. "I won't call these people monsters, because they would like that term. They would think that's a great name.""I will call them, from now on, losers. Because that's what they are, they're losers."Trump tied the attack in to his talks with Middle East leaders on his trip abroad."Our society can have no tolerance for this continuation of bloodshed," Trump said. "We can not stand a moment longer for the slaughter of innocent people, and in today's attack it was mostly innocent children.""This wicked ideology must be obliterated, and I mean completely obliterated, and the innocent life must be protected."At least 22 people were killed in Monday night's attack, and 59 people injured. Manchester police say one individual who died in the explosion was behind the attack, using an improvised explosive device.Press Secretary Sean Spicer confirmed Tuesday morning that Trump spoke with UK Prime Minister Theresa May "to offer condolences and support on behalf of the US."NOW WATCH: This video shows all of the US presidents in order of heightTue, 23 May 2017 04:44:37 -0400 is in Bethlehem for talks with Palestinian President Mahmoud Abbas TorokmanBETHLEHEM, West Bank - U.S. President Donald Trump traveled in a high-security convoy to Bethlehem in the Israeli-occupied West Bank on Tuesday to discuss Middle East peace with Palestinian President Mahmoud Abbas.Much of central and southern Jerusalem was shut down to allow the presidential motorcade of around 60 vehicles to make its way from Trump's hotel to the town, just eight km to the south.To get to Bethlehem, the location of the Church of the Nativity, where Jesus is said to have been born, Trump passed through an Israeli checkpoint and a network of vast concrete blastwalls that separate the occupied territory from Israel.The route took the president past the "Walled Off Hotel", a guesthouse run by the British graffiti artist Banksy that is designed to draw attention to the security infrastructure, which Israel says is there to protect against Palestinian attacks.On one of the gray concrete walls, the convoy passed a portrait of Leila Khaled, a Palestinian militant who took part in two aircraft hijackings in 1969 and 1970.Trump is expected to hold around 40 minutes of talks with Abbas, whom he met at the White House earlier this month, before the two issue separate statements. Trump will then travel back to Jerusalem to visit Israel's Yad Vashem Holocaust memorial and deliver a speech at the Israel Museum.During their White House talks, Trump praised Abbas, and said he looked forward to working with him to pursue peace between Israel and the Palestinians. But he did not mention what has long been the goal of U.S. diplomacy in the region - a two-state solution to the conflict: Israel and a Palestinian state.Ahead of his visit to the Middle East, the second leg of a nine-day tour that began in Saudi Arabia and will move on to the Vatican, Italy and Belgium, administration officials indicated that Trump may talk about "Palestinian self-determination" in his public comments, a nod towards statehood.During meetings with Israeli Prime Minister Benjamin Netanyahu on Monday, Trump focused attention on the threat from Iran but also talked about the opportunities for peace in the region and how Saudi Arabia and other Arab states were shifting their stance, potentially opening a window for a peace agreement.Palestinian officials say they are ready to resume negotiations with Israel that collapsed in 2014, but the road ahead remains challenging. Abbas is an unpopular leader, according to polls, and the Palestinian political landscape is split between his Fatah party and Hamas, the Islamist movement that is in control in the Gaza Strip and opposes negotiations with Israel.In Gaza, a coastal territory around 60 km west of the West Bank that is under a land and sea blockade imposed by Israel and Egypt, demonstrations were expected later on Tuesday, following protests on Monday, to oppose Trump's visit to the region. Tue, 23 May 2017 04:14:00 -0400 announces guaranteed pay for military workers wants to make sure its employees who serve in the military never take a pay cut.Tue, 23 May 2017 04:03:59 -0400 Grande concert bombing in Manchester prompts other countries to consider tightening event security - Countries from the United States to Japan and Singapore are considering tightening security ahead of major theater and sports events following a suicide bomb attack in Britain that killed at least 22 people.Britain was on its second-highest alert level of "severe", meaning an attack by militants is considered highly likely, after the suicide bomb blast at the end of a concert by U.S. singer Ariana Grande in Manchester on Monday.The U.S. Department of Homeland Security said it was closely monitoring the situation in Manchester and that the U.S. public may experience increased security at public events.Japan said it had started gathering information. "We have strengthened our position by establishing an information-gathering unit dedicated to international terrorism," Chief Cabinet Secretary Yoshihide Suga told reporters.In Singapore, the organizer of Britney Spears' concerts in June said they were considering new measures."We are definitely looking at tightening security," Yogesh Mehta, project manager at IME Entertainment Group, said."All our events are licensed by the police. It is normally advised by the licensing department on what precautions to take, how many armed guards we need. So we work closely with them."Singapore, which hosts a security summit between June 2-4 bringing together Asia-Pacific defense and military chiefs, made amendments to the Public Order Act last month.It requires event organizers to notify the police a month beforehand if they expect more than 5,000 people to attend. And police may refuse to allow a public gathering if it has a direct political end or involves foreigners.Hong Kong's AsiaWorld Expo, where Ariana Grande is due to hold a concert in September, said it would enhance security measures for all concerts and events. Besides baggage inspection, there will be metal detectors, it said in a statement, adding it was also planning to introduce search dogs for any suspicious items.Hong Kong is already on high alert ahead of an expected visit by Chinese President Xi Jinping to mark the 20th anniversary of the city’s handover to Beijing on July 1 when the former British colony’s new leader will also be sworn in.The Melbourne Cricket Ground, Australia's biggest sports arena, said it was reviewing procedures. Prime Minister Malcolm Turnbull said the government was working closely with other countries on strategy."While the threat level in Victoria remains unchanged, and there is no known threat to the MCG, we continue to receive advice from relevant authorities and together review our security processes accordingly," the club's spokesman said, referring to the state of which Melbourne is the capital.SM investments Corp, whose Mall of Asia Arena in the Philippine capital will host Ariana Grande in August, said it would take all precautions."Our security is always stepped up especially for big crowds like this," said SM investment relations chief Corazon Guidote.Tue, 23 May 2017 03:27:00 -0400 attacks 'highly likely' linked to North Korea group firm Symantec says the world's biggest cyberattack shows strong links to Lazarus, a hacking group that has previously been tied to North Korea.Tue, 23 May 2017 03:11:56 -0400 Robots Can Tally What the Largest U.S. Pension Fund Pays in Fees nation’s largest pension plan has 380 people overseeing $320 billion in assets. But when one of its top officials was asked during a board meeting how much in performance fees was paid to private-equity managers, he had to acknowledge no one knew.Tue, 23 May 2017 00:34:23 -0400 sweep Spurs — becomes first team to start playoffs 12-0 Petersen/Getty ImagesSAN ANTONIO — Stephen Curry scored 36 points and the Golden State Warriors closed out the Western Conference Final against the injury-ravaged San Antonio Spurs with a 129-115 victory Monday night, becoming the first team in league history to start the playoffs 12-0.Golden State led by as many as 22 points in cruising to its third straight NBA Finals. The Warriors await a possible third straight championship matchup with Cleveland, which leads Boston 2-1 in the East finals.San Antonio's only lead came on the opening possession when Manu Ginobili tossed in a left-handed scoop shot. The Spurs started Ginobili in what could be his final game with the team. The 39-year-old had maintained he will not ponder whether to retire or return until after the season.Kyle Anderson scored 20 points to lead the Spurs, who were without Kawhi Leonard, Tony Parker and David Lee.NOW WATCH: Here's why the American flag is reversed on military uniformsMon, 22 May 2017 23:54:49 -0400 costs in the suburbs rising faster than city decades, Americans looking for more affordable housing options have left cities for the suburbs, but it’s getting tougher to find deals on suburban rentals these days.For the first time in four years, the cost of renting property in the suburbs grew faster than the cost of city rentals, according to a new analysis by Zillow.While nationally the difference in rental price increases is relatively small , the difference is bigger in areas with booming housing markets.In San Francisco, for example, where rents comprise nearly 44 percent of the median income, rental prices in the suburbs went up 2.6 percent, while rental costs in the city declined slightly.The cities seeing the biggest jumps in suburban rents were Seattle, where suburban rents rose 8.2 percent, Portland, Oregon, and Los Angeles .The trend reflects growing demand for suburban properties from city dwellers looking to reduce their housing costs, as well as an overall shift toward renting rather than buying homes. Renters occupied more than 19 percent of single-family homes last year, up from less than 13 percent in 2005, according to Zillow.Still, even as rents climb faster in the suburbs, they remain lower in most cases than rents inside of cities, and there are other cost savings. An analysis earlier this year by Zillow and found that on average, families saved more than $9,000 per year on housing and child care-released expenses by moving from the city to the suburbs.NOW WATCH: The Marine Corps is testing a machine gun-wielding robot controlled with just a tablet and a joystickMon, 22 May 2017 23:41:00 -0400 Arabia's control of the global oil supply is 'on the ropes' thanks to Iran and US fracking McNew/Getty ImagesRevamped Iranian oil production and US hydraulic fracturing operations has Saudi Arabia’s control of the global oil supply "on the ropes," according to Bloomberg’s Sam Wilkin.The Saudi-led Organization of Petroleum Exporting Countries will meet Thursday to work out a plan to cut global oil supplies and boost prices, but OPEC member Iran has an incentive and the power to screw the whole plan up.Wilkin noted that Saudi Arabia’s previous attempts to boost prices failed due to rising oil production from the US and Iran, which are gaining on the Saudi’s oil market share. Iran is inviting foreign investment in its oil industry, which could boost oil production enough to harm Saudi Arabia.Experts see Iran’s gunning for Saudi Arabia’s oil business as an extension of lingering tensions between the two nations."Iran and Saudi Arabia have had serious frictions in the past, but the last few years have seen a real increase in tension," John Gay, executive director of the John Quincy Adams Society and coauthor of the book "War With Iran," told The Daily Caller News Foundation."They’re fighting a bit of a proxy war in Syria, and Iranian activists, likely with state collusion, stormed the Saudi embassy in Tehran after the execution of a Shia cleric in Saudi Arabia in January 2016, which led Saudi Arabia to cut relations," Gay said.OPEC wants to keep oil prices relatively higher than they have been in recent years, having lost $76 billion in 2016 due to cheap oil caused by rising American and Iranian oil production, according to a report by the US Energy Information Administration .Joe Klamar/AFP/Getty Images"As a general rule, Iran, as a populous country, is going to favor higher oil prices, but that doesn’t always hold up case to case, and they’ve been more flexible lately." Gay said, noting that Iran’s increasing control over the global oil market could be a weapon against Saudi Arabia.Iranian oil is making the already sour relationship with Saudi Arabia even worse. US sanctions against Iran made Saudi Arabian oil more valuable, and allowed the Kingdom to increase its share of the global oil market. Iran’s re-emergence is making Saudi foreign policy more aggressive, while undermining the economies of Saudi Arabia and other OPEC nations.Iranian oil production rose after former President Barack Obama ended years of sanctions. By increasing oil production, Iran is acting to decrease prices.US producers handle cheap oil much better than many OPEC members. As recently as June 2014, the price of a barrel was almost $109.The OPEC conference will closely follow President Donald Trump’s visit to Saudi Arabia. Trump has increased US support for the Saudis against Iran, which could increase the risk of a battle for control of the oil market spilling into an all out confrontation."The Trump administration’s recent moves in the region may increase the dangers of confrontation between Saudi Arabia and Iran," Gay said. "Trump’s speech on Islam and countering extremism was music to Saudi ears, especially when he aligned the United States with the Saudi vision of Iran as a main source of regional instability and as a state that must change before it can be integrated into the regional order.""[I]f the Saudis are confident that America has their back, no matter what they do, they may see little need for rapprochement," Gay told TheDCNF. "For better or worse, Washington seems ready to follow Riyadh’s lead in the region."The US may export more oil in 2017 than four OPEC member states produce, according to a survey of energy analysts by Bloomberg. The US is already outproducing Libya, Qatar, Ecuador and Gabon; in 2017, US companies could ship more oil overseas than those OPEC nation pump out of the ground.NOW WATCH: China built a $350 million bridge that ends in a dirt field in North KoreaMon, 22 May 2017 23:17:00 -0400's manufacturing sector experienced a broad-based slowdown in May levels across Japan’s manufacturing sector improved at a slower pace in May, according to the lastest Nikkei-IHS Markit "flash" manufacturing purchasing managers index released today.The headline PMI came in at 52.0, down from 52.7 in April. It was a six-month low.IHS MarkitThe PMI measures changes in activity levels across Japan’s manufacturing sector from one month to the next. Anything above 50 signals that activity levels are improving while a reading below suggests that they’re deteriorating. The distance away from 50 indicates how quickly activity levels are expanding or contracting.The flash reading, released one week before the final PMI report, is based off around 85-90% of survey responses, and is generally a pretty accurate guide as to how the final figure will print.This table from IHS Markit shows how individual components within the May survey fared.Source: IHS-MarkitMarkets will be looking for confirmation as to whether or not that is the case with IHS Markit due to release flash manufacturing and services PMI reports for the Eurozone, Germany, France and the United States later in the session.While most came in above 50 — indicating that activity levels continued to improve — there was a clear deceleration compared to the levels reported in April.Of note, output grew at a slower pace while new orders and new export orders — lead indicators on activity levels in the months ahead — also grew at a slower pace than April.Fitting with the deceleration in activity levels, order backlogs declined after several months of growth while hiring levels and stock purchases also moderated.Input and output prices also grew at a slower pace, suggesting that inflationary pressures across the sector may be already starting to ebb."May’s PMI data signaled a broad-based slowdown in growth of the manufacturing sector, with output, new orders and employment all rising at their slowest rates since last November," said Paul Smith, senior economist at IHS Markit"Although growth is being maintained at a decent clip, reports of ‘wait-and-see’ attitudes amongst clients, excess warehouse inventories and recent sharp rises in raw material costs all served to undermine expansion during the month."While not a horrible report — activity levels still improved albeit at a slower pace — it suggests that activity levels across the global manufacturing sector may be starting to moderate after a strong rebound from the middle of last year. NOW WATCH: 9 phrases on your résumé that make hiring managers cringeMon, 22 May 2017 23:10:14 -0400 Haram released 82 kidnapped girls to their families SotundeABUJA, Nigeria — The 82 Nigerian schoolgirls recently released after more than three years in Boko Haram captivity reunited with their families Saturday as anxious parents looked for signs of how deeply the extremists had changed their daughters' lives.Brightly dressed families rushed through the crowd in the capital, Abuja, and embraced. One small group sank to their knees, with a woman raising her hands as if praising in church. Some danced. Others were in tears."I am really happy today, I am Christmas and new year, I am very happy and I thank God," said mother Godiya Joshua, whose daughter Esther was among those freed.This month's release was the largest liberation of hostages since 276 Chibok schoolgirls were abducted from their boarding school in 2014. Five commanders from the extremist group were exchanged for the girls' freedom, and Nigeria's government has said it would make further exchanges to bring the 113 remaining schoolgirls home."Our joy is never complete until we see the complete 113, because one Chibok girl matters to all Chibok people," said a parent of one of the freed schoolgirls, Yahi Bwata.Many of the girls, most of them Christians, were forced to marry extremists and have had children. Some have been radicalized and have refused to return. It is feared that some have been used in suicide bombings.The mass abduction in April 2014 brought international attention to Boko Haram's deadly insurgency in northern Nigeria, and it launched a global Bring Back Our Girls campaign that drew the backing of some celebrities, including former U.S. first lady Michelle Obama. Thousands have been kidnapped during the extremists' eight-year insurgency, and more than 20,000 have been killed.Reuters/Emmanuel BraunThe release of the 82 schoolgirls this month came after an initial group of 21 girls was released in October. Nigeria's government has acknowledged negotiating with Boko Haram for their release, with mediation help from the Swiss government and the International Committee of the Red Cross.The two groups of freed schoolgirls reunited earlier Saturday, Nigeria's Channels TV reported, showing the young women laughing and embracing.Since the latest release, many families in the remote Chibok community had been waiting for word on whether their daughters were among them. A government list of names circulated, and parents were asked to confirm the freed girls' identities through photos.Both groups of freed girls have been in government care in the capital as part of a nine-month reintegration program that President Muhammadu Buhari has said he will oversee personally. But human rights groups have criticized the government for keeping the young women so long in the capital, far from their homes.___Associated Press writer Bashir Adigun in Abuja, Nigeria contributed.NOW WATCH: This animated map shows how religion spread across the worldMon, 22 May 2017 22:52:00 -0400 More than 700K foreign travelers to US overstayed visas in 2016 Photo/Julie JacobsonMore than 700,000 foreign travelers who traveled to the United States legally in 2016 overstayed their visas and remained in the country, according to the Department of Homeland Security."This report shows that we have a problem with visa overstays in the United States," a senior administration official said in a briefing with reporters on Monday.Roughly 740,000 people remained in the country illegally at the end of 2016, according to the report — though some of them were short-term overstays. A majority of them were long-term overstays, though: Nearly 630,000 were still in the US at year's end, for a rate of 1.25%.DHS said Monday that it is working to review the records of people violating their visas or visa waiver program, and is working with Immigration and Customs Enforcement to better deport those in the country illegally."Identifying overstays is important for national security, public safety, immigration enforcement, and processing applications for immigration benefits," the report says.According to DHS, individuals with student visas violated their stays the most, with an overstay rate of 2.8%.DHS made it clear that the data does not include border crossings.The Office of Inspector General at DHS revealed in May that the agency catches less than 1% of people whose visas have expired.NOW WATCH: This animated map shows how religion spread across the worldMon, 22 May 2017 22:27:00 -0400, White House 2018 fiscal year budget, Mick Mulvaney call White House began its roll out of its fiscal year 2018 budget on Monday, setting the stage for a battle over proposed massive cuts to domestic programs at the expense of increased defense spending.While the full budget will be released and distributed to Capitol Hill lawmakers on Tuesday, Office of Management and Budget director Mick Mulvaney shone a light on some of the details during a call with reporters on Monday.The budget, officially dubbed "A New Foundation for American Greatness," includes massive cuts over the next ten years to social safety net programs like Medicaid, food stamps, and the Children's Health Insurance Program while increasing the budget for the Department of Homeland Security and Department of Defense. According to Bloomberg's Justin Sink and Erin Wasson, the budget would cut domestic agencies' budgets by 40% in 2027.The plan is expected to receive pushback not only from incensed Democrats, but likely many Republicans. Additionally, cuts to farm subsidies and student loan programs will also face pushback from strong interest groups.While the bipartisan resistance to the budgetary ideas will be huge, the White House's attempt does represent the first bid in a long process to funding the government.Here's a breakdown of some of the key points from Mulvaney's briefing on Monday:An assumption of 3% economic growth: Part of the Trump team's assumptions in paying for plans from the budget to their massive tax cuts has been a system called dynamic scoring, which factors in an assumption of stronger economic growth for increased payments to the government. The White House budget proposal, said Mulvaney, is "part of an effort to get to sustained 3% economic growth." GDP growth in the first quarter of 2017 was 0.7% annualized according to the Bureau of Economic Analysis.Massive cuts to Medicaid: The budget proposes an additional $610 billion cut to Medicaid, with $250 billion in savings to offset it. Based on Mulvaney's comments, it appears this is in addition to the $880 billion already cut under the House's American Health Care Act. "We go another half a step further [beyond the AHCA] and ratchet down some of the growth rates that are assumed in the AHCA," Mulvaney said. "So if you assume growth rates — I can't remember what the exact measure is — it’s a CPI-plus measure. We take a measure that we think is closer to what the actual growth rates look like.Large cuts to foods stamps, officially known as the Supplemental Nutrition Assistance Program According to Bloomberg, the cuts to the food stamp program in the budget would amount to $193 billion. The program would also phase in a work requirement, according to Mulvaney, so that people without dependents would have to be employed to qualify.Changes to federal student loan repayment: The budget would not only call for overall cuts in federal spending on education, but also reshape how people pay back federal student loans according to Bloomberg, allowing debtors to pay up to 12.5% of their discretionary income towards loans, up from 10%.Cuts to federal employee retirement programs and disability benefits: The budget will call for a $72 billion cut over ten years to the Social security Disability Insurance. According to Mulvaney, this will inspire more people to get off disability and back to work."If the folks who are on Social Security disability insurance who are not supposed to be, if they go back to work, they're paying into the system, and they're not taking out of the system," Mulvaney told reporters. "So it does make the programs healthier."$1.6 billion for border-wall funding: "The spending on the border security is $2.6 billion, of which I think $1.6 billion is actual bricks and mortar construction," Mulvaney told reporters. "The other $1 billion is infrastructure and technology."Increased funding for childcare credits and family leave: A projected supported by Trump's daughter Ivanka and touted during the campaign, the program would create $25 billion over 10 years in spending for the paid family leave. Mulvaney said the parental leave program will help get the country to 3% sustained economic growth."We need men and women who are sitting home thinking you know what, I don't know if I can go back to work because we're getting ready to have a kid," Mulvaney said. "And what happens if I have to stay home?  We try and create the environment where people are more comfortable going back to work and staying at work knowing that if they do have a child, they’ll be able to spend time with that child under the paid parental leave program."The budget does not include any cuts on the topline to Social Security or Medicare. Trump promised during the campaign to not tough those two entitlement programs and Medicaid, but has reversed course only on the low-income health coverage program.Mulvaney will testify on Capitol Hill in the House on Wednesday and speak to the Senate on Thursday.A budget is needed by the end of September to prevent a government shutdown. NOW WATCH: Watch Sally Yates go toe to toe with Ted Cruz over Trump's immigration banMon, 22 May 2017 22:25:43 -0400 dead in explosion at Ariana Grande concert in Manchester dead in explosion at Ariana Grande concert in Manchester, England.Police treating event as suspected terrorist incident, with reports saying it could have been a suicide bomber.Prime Minister Theresa May said officials are "working to establish the full details" of the incident.Ariana Grande tweeted, "Broken. From the bottom of my heart, I am so so sorry. I don't have words."At least 19 people have died and 59 others were injured in an explosion at Manchester Arena on Monday evening in what police are treating as a terrorist attack.Police have not confirmed the cause of the explosion, which occurred around 10:30 p.m. local time at an Ariana Grande concert.Greater Manchester Police Chief Constable Ian Hopkins said the force is working closely with counter-terrorism and intelligence officials as it investigates. He said officers are "still receiving information," and a further update will be provided when they have "a clearer picture."British Prime Minister Theresa May said officials are "working to establish the full details" of the what police believe is an "appalling" terrorist attack."All our thoughts are with the victims and the families of those who have been affected," she said in the immediate aftermath of what appeared to be the deadliest incident of terror in Britain since the 2005 London subway bombings.Dave Thompson/Getty ImagesManchester police warned residents to avoid the area surrounding the arena, where Grande had just finished a concert. The American singer is safe, according to her spokesperson."Broken. From the bottom of my heart, I am so so sorry. I don't have words," she tweeted later.Police detonated a second device in a controlled explosion shortly after the initial event. It was "abandoned clothing" and not a suspicious item.Tweet Embed: statement on incident at Manchester Arena are a number of reports, including from Reuters, that the first explosion could have been caused by a suicide bomber, although that was not immediately confirmed by local police. Eyewitnesses have suggested that the bomb could have contained nails and other metal items.Tweet Embed:'s an eyewitness account of the explosion. He describes a "flash" and smell. He says there were bolts on the floor. #ManchesterArena initial explosion caused concertgoers to scramble out of the concert building, and videos posted on social media showed police cars and ambulances rushing to the scene. British transport police said the explosion occurred in the "foyer area," or lobby, of the Manchester Arena, which has a capacity of 21,000.REUTERS/Andrew YatesKim Jackson, a witness at the scene, described the incident to Business Insider."We had floor seats and were just heading to exit. There was a massive bang from towards the back of the arena from the corridor area," she said."Everyone went silent and then huge crowds of people came running from the back and everyone was screaming and crying. We just wanted to get out of there as quickly as possible so we just headed straight for the exit. When we got up to the corridor there was smoke and we could smell burning. We just ran outside and got as far away as we could."Speaking to Manchester Evening News, concertgoer Sibion Joyce said: "The concert had ended and she had played her last encore. She went off and the lights came on. Everyone got up to leave. As we did we just heard a loud bang. People were running and people were really scared."Dave Thompson/Getty ImagesREUTERS/Andrew YatesTrains were canceled to and from Manchester Victoria train station, according to National Rail, while the station approach was reportedly closed by police.Concertgoers were offered accommodation by locals, with people using the #roomformanchester on Twitter to help those in the city stranded without a place to stay. Meanwhile, a desperate hunt for missing people is underway.Tweet Embed: AND SPREAD THE WORD. DOESN'T MATTER WHERE YOU ARE IN THE WORLD JUST KEEP IT GOING AND IT WILL GET TO SOMEONE #Manchester Mayor Andy Burnham said on Twitter: "My heart goes out to families who have lost loved ones, my admiration to our brave emergency services. A terrible night for our great city."Manchester Central MP Lucy Powell added:Tweet Embed: great city will, as we have in the past, come together and unite in solidarity. We support all the families and each other #ManchesterThe incident comes in the thick of a UK general election campaign, which will be put on hold on Tuesday out of respect for the victims in Manchester.Labour leader Jeremy Corbyn was one of the first to comment on events, saying his "thoughts are with all those affected." Liberal Democrat leader Tim Farron added: "Deepest condolences to the victims and families in Manchester."Video captures the moment of the explosion:Tweet Embed: you look towards the left you see the explosion and hear the bang. I hope to GOD everyone is ok, and so glad Jess and Em are. #manchester showed how the blast caused pandemonium inside the Manchester Arena and people ran for safety:Instagram Embed: 658pxMon, 22 May 2017 22:07:00 -0400 politics can win in a post-truth world SegarMuch has been made of Donald Trump’s wanton deployment of myths in the place of facts in recent months.To the dismay of his opponents, challenging these myths with rational evidence or “fact checking” simply does not cut through to his supporters.This disheartening truth-myth gap is playing out in reactionary politics everywhere, as anti-immigration and anti-Islamic sentiments surge across the Western world and beyond.Visceral and often unfounded narratives seem to resonate with the sentiments of large swaths of the global populace – and no amount of social scientific data seems able to dispel the myths. All this points to a fundamental problem: humans don’t make good statisticians and we’re rarely inspired to act on the basis of facts alone.What we’re good at is making myths. We are wired with an ability to combine ideas and observations into meaningful narratives – factually accurate or otherwise. It’s what gets us out of bed in the morning. But since the Enlightenment, we’ve been taught not to trust myths. Instead, the rationale goes, we should act solely on the basis of evidence.This attitude has become a core tenet of politics too. Whereas mainstream political parties once derived their legitimacy from the ability to spin a meaningful narrative about where their country is headed, they now increasingly turn to social scientific methods to observe what people want – or at least, the wants of voters in decisive constituencies.They make the same calculations when formulating policy. This approach is thoroughly alienating, not only because it makes for dull politics, but because it ultimately enables a university-educated elite to ignore the real concerns of ordinary people.Empirical, calculated politics just doesn’t work – and those seeking to stem the tide of reactionary politics across the world neglect the power of myth at their peril. Despite all our training not to trust these instincts, we still yearn for something deeper, and this is why electorates are so susceptible to almost anyone who can offer a story with some meaning. And once a myth takes hold, no amount of rational evidence is going to change our minds.Flickr/B RosenInstead, those on the progressive side of politics need to realise that myth can only be countered with myth. Myths of division can only be forcefully met with myths of solidarity. Rather than simply debunking the “alternative facts” of reactionary politics with fact checks, it would be better to develop counter-myths: of diverse people living together in harmony and fighting side-by-side for social justice.The good news is that even in these reactionary times, plenty of progressive groups out there are already putting myths of solidarity to work.How it’s doneOne excellent example is Citizens UK, who try to empower ordinary people to agitate for change in their neighbourhoods, cities and nations. They do so by working from the ground up, drawing on the ability of local institutions to assemble people into various actions, from street demonstrations to listening campaigns, that hold governments and businesses responsible for the difficulties faced by ordinary people.This undiscriminating focus on what the group’s organisers call “relational power” means that any organisation can be involved in the struggle – a church, a mosque, a school, a trade union. By bringing these diverse groups together, Citizens UK is able to overcome divisions in society to exert pressure in the service of change.The work of online activists matters too. Myths of solidarity pervade the Twittersphere: @FaithMatters cites cases of Jews protecting Muslims from attack and Muslims defending Jewish cemeteries. @pulseofeurope demonstrates people all over the continent rallying together to celebrate Europe’s common values. Even though the individual cases they point to are very real, neither account claims to reflect the worldwide norm; they simply offer exemplars, glimmers of hope.The effect is cumulative. As people of all religions and none work together in common cause, they realise that only by working with others can they really challenge the status quo, and that what divides them is far less significant than what unites them. As people begin to glimpse of a different way of living together, each small action fuels the next – and in time, today’s actions will become tomorrow’s myths.With small contributions to actions like these, whether on the streets or online, people can slowly begin to challenge myths of division with myths of solidarity. In a post-truth world, it is myth, not truth, that will set us free.NOW WATCH: Here's what popular dog breeds looked like before and after 100 years of breedingMon, 22 May 2017 22:06:00 -0400 RMD rules for an IRA you took a required minimum distribution for 2009, you may be able to roll it into another plan.Wed, 09 Sep 2009 20:00:00 -0400 a creditor garnish jobless benefits? in a few instances, unemployment benefits are exempt. Watch out for these exceptions.Wed, 09 Sep 2009 20:00:00 -0400 should make loan payments co-signer can protect her credit by making payments for an out-of-work primary loan signer.Wed, 09 Sep 2009 20:00:00 -0400 Rates Today - Compare Home Loan Rates at Bankrate.com rates and the first-time homebuyer tax credit -- and its Nov. 30 end -- are fueling home sales.Wed, 09 Sep 2009 20:00:00 -0400 reform needs urgent treatment the health care system on a gurney and run it into the operating room for a complete overhaul.Wed, 09 Sep 2009 07:00:00 -0400