Author: Editor

NASCAR CEO Steve O’Donnell said the company has seen “a lot of momentum” after a challenging few years, touting NASCAR’s presence on multiple streaming platforms and the recently announced sequel to “Days of Thunder” as opportunities to raise the company’s profile.The auto racing company CEO, in an interview with CNBC’s Brian Sullivan, credited the company’s growing popularity among a younger audience, in part, to its ability to connect with fans online. “The media partners are just the foundation of the sport [that] help us grow,” he told CNBC.  NASCAR content is available through streaming, cable and digital platforms across Fox,…

The data is getting worse.A third of investors who buy data say its quality has deteriorated over the past couple of years, according to a survey by consultancy Neudata, and some pin the blame on artificial intelligence.Data is the lifeblood of any investing business, and hedge funds have relied on so-called alternative data — information that doesn’t come from traditional sources like SEC filings or exchange trading data — to help them make bets for years.The advent of AI has led to a surge in new vendors selling data, thanks to the ease in accumulating and sorting it, as well…

This as-told-to essay is based on a conversation with Jessica Cruel, the 37-year-old editor in chief of Allure Magazine, who lives in Newark, New Jersey. It has been edited for length and clarity.I’m the editor in chief of Allure, and I have a lot of things going on. My day is a mix of making decisions, meeting with founders and executives, working with my senior team, and testing new beauty products.I also teach a class at NYU, am working on a book called “Single Happy Female,” manage three rental properties, and create social media content. Business Insider’s Power Hours series…

The stars of YouTube supergroup Good Good could hardly contain their enthusiasm as they unveiled an expansive partnership with one of golf’s best-known names: Callaway.”It’s a dream of ours,” one said, as another gushed it would be “super dope.”That was 2023, and the reveal — which Good Good called its “biggest announcement yet” — felt like a sign of golf’s new era. Good Good’s high-energy pranks and challenges were getting the backing of a blue-chip equipment maker. Good Good followed the deal up with a string of retail partnerships and $45 million in investment. The creator economy had come to…

President Donald Trump threatened Wednesday to retaliate against Europe if the European Union follows through on a proposal to make Canada its first associate member.The plan, floated earlier in the day by European Commission President Ursula von der Leyen, would deepen the EU’s ties with Canada beyond their existing trade agreement.Trump said he could respond with heavy tariffs or curb trade with Europe if he viewed the move as hostile, extending his trade fight with Canada to one of America’s largest economic partners.”If they do that, if I think it’s at all a hostile act, I will put very serious…

What does the drop in viewers for the “60 Minutes” season premiere mean for CBS News’ top editor, Bari Weiss? A look at the granular ratings data provides some clues.Viewership for the first “60 Minutes” episode led by new producer Nick Bilton, who was handpicked by Weiss in May, fell 20% from 2025’s season debut. An average of just under 8 million people watched the newscast, versus over 10 million last September.The question: Did people start watching and then give up, or did they simply not switch the program on in the first place?Data from Nielsen shows it was the…

Leon Black, left, a billionaire who was close with Jeffrey Epstein, walks out of the Rayburn House Office Building at the Capitol after his interview about Epstein with the House Oversight Committee, in Washington, Friday, June 26, 2026. J. Scott Applewhite/AP hide caption toggle caption J. Scott Applewhite/AP The House of Representatives held billionaire investor Leon Black in contempt of Congress on Wednesday. The bipartisan move came after Black refused to provide additional information on his relationship with convicted sex offender and disgraced financier Jeffrey Epstein. It’s the first time lawmakers have held a witness in the House Oversight Committees’…

The Fed hiked interest rates for the first time in three years — and President Donald Trump isn’t thrilled.”Interest Rates in the United States should be 1%, or less, because we are the Best Credit in the World — BY FAR,” he wrote on Truth Social. “Our Country is BOOMING with new Investment!”While Trump didn’t mention him by name in the post, Chair Kevin Warsh faced a massive test of Fed independence Wednesday. The Federal Open Market Committee voted unanimously to raise rates by a quarter point to foster stable prices. Inflation is stubbornly outpacing wage growth in the US…

In 2020, Elon Musk wrote on X that he was selling “almost all physical possessions” and would no longer own a house.The South African-born billionaire and SpaceX CEO had amassed a sizable California real estate portfolio, at one point owning multiple homes in the same neighborhood. His properties included multimillion-dollar mansions with amenities such as pools and tennis courts.Musk said the sales were not solely about money. He wrote on X that he was dedicating himself to Mars and Earth, adding that “Possessions just weigh you down.”Sticking to his word, Musk has had a flurry of property sales, and, at…

Kevin Warsh is taking a big swing at America’s inflation problem.Alongside the Federal Open Market Committee, the new central bank chair opted to hike rates by a quarter point on Wednesday. It’s the first time the Fed has increased interest rates since summer 2023, and the first policy change under Warsh’s tenure.Here are Business Insider’s biggest takeaways, from the hawkish dot plot to Fed independence.The FOMC is feeling hawkishThe FOMC voted unanimously for a quarter-point hike, a uniform decision after a series of split votes over the past year.In the committee’s quarterly economic projections, the group said it expects GDP…