Author: Editor

In 2016, I spent two weeks in Medellín, Colombia — and it changed the course of my life. Loading audio narration… I explored the city and hiked to a waterfall hidden in the mountains, but it was the small details that stayed with me: Latin music I’d never heard before, tropical fruits, and locals socializing in a neighborhood barbershop.Back in Canada, I couldn’t shake Colombia’s beauty. I hatched a far-fetched plan: become a freelance writer and move there.At the time, I was in my mid-20s, living in Toronto, and working in magazines. With no deep roots in the city and…

Nike’s “Win Now” turnaround plan isn’t seeing immediate results. Loading audio narration… The sports giant announced its third-quarter earnings results for fiscal year 2026 on Tuesday, and revenue remained flat at $11.3 billion. Nike shares moved lower after market close, falling more than 8% despite the company delivering better-than-expected results.On the call, CEO Elliott Hill said the company’s comeback is taking “longer than I would like,” but he and other executives expressed confidence in the approach.So far, running is leading the charge with growth. It was the first category to move into the “sport offense,” which puts sports back at…

Insider trading on prediction markets is illegal and could get perpetrators sued or land them in prison, the top enforcement lawyer at the Commodity Futures Trading Commission said Tuesday. Loading audio narration… David Miller, who was named earlier this year as the enforcement chief for the federal finance regulator, said he will be hiring more staff to bring cases — and cut deals — with traders, including those active on new marketplaces like Kalshi and Polymarket.”A myth has spread that insider trading is permissible, or even encouraged, in the prediction markets. Prominent individuals in finance, media, and particularly on social…

A federal judge on Tuesday ordered President Donald Trump to stop construction on a new White House ballroom, citing a lack of congressional approval. Loading audio narration… “Unless and until Congress blesses this project through statutory authorization, construction has to stop!” US District Judge Richard Leon of the District of Columbia ruled on Tuesday.The ruling gives the White House 14 days to comply with the order, allowing them time to ask a higher court to pause it while they appeal.The Trump administration didn’t immediately return a request for comment, but filed a notice preserving its right to appeal. Trump on…

From Pizza Hut to Dunkin’, Tom Brady is seemingly everywhere these days promoting food brands he once wouldn’t have touched during his NFL playing days. The seven-time Super Bowl winning quarterback famously followed a strict health-focused diet and once referred to soda and sugary cereals as “poison for kids.” But Brady says he’s softened his stance in retirement. “I think it’s moderation in all things,” Brady told CNBC’s Alex Sherman in a recent interview while discussing his partnership with Ferrero, one of the world’s biggest sweets makers. CNBC Sport’s full interview with Brady will be released on Thursday.”I think there’s…

Sam Altman and OpenAI are getting serious. Loading audio narration… They’re dropping sidequests like Sora, and trying to catch up to rival Anthropic, which has a booming business selling tools to coders.But OpenAI still wants to make money from people who will never give it a dime. It wants to do that by showing them ads.And this chart from analysts at MoffettNathanson explains why: ChatGPT has lots of users, but only a sliver of them are paying for the service. The rest could see ads.  MoffettNathanson It’s a simple argument, but I’ll spell it out here: As of January, OpenAI’s…

Mercedes-Benz USA CEO Adam Chamberlain said Tuesday that 2026 is shaping up to be more challenging than expected.  “If you look at the market in the first couple of months of the year, the market environment is definitely a little tougher than we anticipated,” Chamberlain told CNBC at the company’s manufacturing plant in Vance, Alabama. “I think there are lots of distractions out there, whether it’s geopolitics and everything else.”Car buyers are facing elevated auto loan interest rates and questions about the strength of the economy that threaten to slow shopping for a new vehicle. But even with gasoline prices…

BYD’s global expansion was already accelerating. Now, it’s getting a new shot in the arm: high global gas prices.Executives at the Chinese automaker, which overtook Tesla as the world’s most popular EV seller in 2025, said on Monday it is “highly confident” it will hit or exceed its target of 1.5 million overseas vehicle sales. Insiders also told Reuters that foreign markets could eventually make up half of BYD’s car business.It’s a sign of how quickly BYD is moving from a domestic giant to a global contender — and squeezing legacy automakers on price and technology in the process.”A lot…

This as-told-to essay is based on a conversation with Kiki Leigh, a 28-year-old originally from Winnipeg, Canada, who is relocating from Los Angeles to Mussomeli, Italy, after buying a house there. The following has been edited for length and clarity.I’ve traveled to Italy several times, but I had only been to Sicily once prior to living there. Sicily is completely different than other parts of Italy.I fell in love the first time I went in 2022, and I just wanted to get back.The people and the culture charmed me, and the natural beauty is unbelievable. There are volcanoes, there’s crystal…

Warren Buffett is no longer Berkshire Hathaway’s CEO. But he’s still picking stocks, fielding offers, and commuting into the office. Loading audio narration… In a CNBC interview on Tuesday, his first since stepping down as CEO, the famed investor and Berkshire chairman shed light on how his life has changed since Greg Abel succeeded him at the start of this year.”Well, it’s not much different,” Buffett said, underscoring that he travels to Berkshire’s headquarters in downtown Omaha five days a week.The billionaire, 95, downplayed his post-retirement contributions to Berkshire: “I don’t accomplish hardly anything,” he said. “It just takes me…