Author: Editor

As he sprints up the middle of the field, the striker whizzes by the defenders and settles the perfect pass and fires into the upper corner out of reach of the diving keeper. He celebrates the goal with his teammates as they confidently jog back to midfield. Parents are cheering wildly on the sidelines. Simultaneously, the sideline referee raises the dreaded flag. Offsides. The goal is called back and the defending team heaves a sigh of relief.My 13-year-old son didn’t score that goal. He was the ref who called it back, but watching that happen was just as exciting to…

Federal Reserve Gov. Lisa Cook’s fight over her future is getting even more heated.After a federal judge blocked Trump’s attempt to fire her, Trump asked an appeals court to let his ouster of Cook go through before the Federal Reserve’s scheduled meeting on Tuesday.The Federal Open Market Committee, which includes Cook, is set to consider whether to cut benchmark interest rates during its two-day meeting in Washington. Most Fed watchers expect the central bank to cut rates after holding steady for all of 2025 thus far, though far short of the drastic cuts Trump has pushed.Here’s how Cook found herself…

The “slop bowl” battles are heating up in the international market, with Chipotle announcing this week that it will expand into Singapore and South Korea.New Chipotle restaurants will open in the countries in 2026, the company’s first foray into Asian markets, as part of a partnership with SPC Group, a leading South Korean-based food company.”Both markets have large, fast-growing out-of-home dining cultures that prioritize real food, and consumers are highly familiar with American brands like Chipotle through education, travel, and social media conversations among relevant celebrities,” a Chipotle spokesperson told Business Insider about the expansion. “Operationally, the dense urban footprints…

Welcome back to our Sunday edition, where we round up some of our top stories and take you inside our newsroom.On the agenda today:But first: Quitting? In this economy?If this was forwarded to you, sign up here. Download Business Insider’s app here.This week’s dispatchIt’s time to goQuitting a job can be a tantalizing idea — especially when so few people are actually doing it.The worker quit rate across the country has been around 2% for much of the year. Excluding the beginning of the pandemic, that’s near the lowest it’s been since 2018, according to the Labor Department.More people appear…

After years of being at sellers’ mercy, homebuyers can finally breathe.In markets where inventory is outpacing demand and contracts are falling through, sellers are getting desperate.This is an opening for motivated buyers: homebuilders and homeowners are cutting asking prices and, in some cases, offering incentives or concessions.”There are more homes to fill than there are buyers out there,” Daryl Fairweather, chief economist at Redfin, told Business Insider. “Those are going to vary by geography, but especially in places where there’s a lot of new construction, it is a buyer’s market.”While Fairweather says homebuilders are generally more willing to negotiate than…

For years, Elon Musk has consistently argued that one of the greatest threats to civilization is collapsing birth rates.The billionaire CEO believes that declining fertility could hollow out economies, weaken workforces, and leave the West unable to sustain itself.In an X post last week, he wrote: “Low birth rate is the number one threat to the West. There will be no West if this continues.”In August, Musk amplified a warning from political commentator Tim Pool, who wrote: “The population isn’t ‘collapsing’ — it has collapsed. The shoreline is receding and no one understands the tsunami about to hit us.” Musk…

Kristin Schwiermann has lived in this home in Washington, Utah, for 16 years. She says she has known the Robinson family for “a long time.” Tyler Robinson is a suspect in the Charlie Kirk assassination that took place Wednesday. David Condos/NPR hide caption toggle caption David Condos/NPR OREM, Utah — The arrest of Tyler Robinson sent shockwaves through the small community where his family lives. Washington, a city of around 30,000, sits next to St. George in Utah’s southwest corner. It’s a 3 ½-hour drive from the Utah Valley University campus. The 22-year-old is the suspect in the killing of…

The US could be on the hook for between $750 billion $1 trillion, if the Supreme Court overturns the president’s tariffs.Legal experts told Business Insider that this figure shouldn’t factor into the Supreme Court’s decision on whether the tariffs are legal, which they see as a matter concerning the Constitution.After two lower courts ruled President Donald Trump’s sweeping emergency tariffs illegal, the Supreme Court granted the administration’s petition to hear and expedite the case on Wednesday.Trump’s team claimed in the petition that the economic consequences would be “ruinous” for the country should the tariffs be struck down.”For example, delaying a…

A Wawa store is seen on May 29, 2024 in Washington, DC. Kent Nishimura | Getty ImagesFast-food restaurants are losing breakfast customers to convenience stores.Morning meal traffic to fast-food chains rose 1% in the three months ended in July, while visits to food-forward convenience stores climbed 9% in the same period, according to market research firm Circana.”Over the long run, convenience stores have taken share, really at foodservice overall, but the morning meal has been their strong suit,” David Portalatin, Circana senior vice president and foodservice industry advisor, told CNBC, noting the trend has largely been driven by what the…

In an era when American billionaires are minted in Silicon Valley and fortunes are built on algorithms and artificial intelligence, Don Vultaggio stands out.With a net worth of nearly $6 billion, the 73-year-old cofounder of Arizona Beverage USA made his billions largely by selling $0.99 cans of iced tea that have become as iconic as they are affordable.Unlike ultrawealthy university alums, including Elon Musk, Jeff Bezos, and Warren Buffett, Vultaggio never went to college. In fact, he said he probably wouldn’t have finished high school if his mother hadn’t stepped in.”I wasn’t a good student, but it wasn’t the school’s…