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The pace of inflation likely moderated again in August — further relief for beleaguered consumers still smarting from pandemic-era price shocks. Though price growth has largely returned to the Federal Reserve's official 2% target, the sting of rapid price increases over the past four years lingers for many consumers. The latest inflation report is likely to cement a 0.25% cut in the Federal Reserve's key interest rate, currently at about 5.3%, later this month. But experts say it will take some time for consumers to feel the impact of the lower interest rate — and the relatively small size of the cut means borrowing costs will still be somewhat elevated. While the Fed is now widely expected to cut interest rates, a cut of just 0.25% may not be enough to stave off that scenario.

Persons: —, There's, Joe Biden, Kamala Harris, Zillow, Paul, ” Marina Walsh, ” Walsh, Torsten Slok, Slok, Sophia Kearney, Jerome Powell's, Kearney, Lederman Organizations: of Labor Statistics, Federal Reserve's, Democratic, Labor Statistics, Princeton, “, Mortgage Bankers Association, Apollo Global Management, FHN, NBC News, Fed Locations: U.S, New York, Los Angeles, Minneapolis, St, Las Vegas, Phoenix

☆ It's not always 'a sexy thing' to be a millionaire, former NFL linebacker Brandon Copeland says. Here's why
▼ + stars: | 2024-09-10 | by ( Greg Iacurci | ) www.cnbc.com time to read: +10 min

Brandon Copeland Copeland MediaBrandon Copeland is a former NFL linebacker turned coach. Brandon Copeland: Feeling unprepared for some of the major financial decisions in life. I think that's important to start to develop your stomach. I always break that down as, that's a lot of Chipotle burritos, that's a lot of dinners, that's a lot of time with my family at the water park. Brandon Copeland Copeland MediaGI: One of the first things that you encourage people to do in the book is say aloud to themselves, "I can be wealthy."

Persons: Brandon Copeland Copeland, Brandon Copeland Copeland Media Brandon Copeland, gravitates, —, Cope, Copeland, Greg Iacurci, Brandon Copeland, That's, you've, Bloomberg —, I'm, it's Organizations: Brandon Copeland Copeland Media, NFL, National Football League, University of Pennsylvania's Wharton School, New York Jets, CNBC, Financial Wellness Advisory Board, Athletes.org, Orlando, Baltimore Ravens, NFL Players Association, Lions, Yahoo Finance, Wall Street Journal, Bloomberg Locations: isn't, New Jersey, Detroit

☆ Chipotle and Spirit Halloween are launching a costume collection
▼ + stars: | 2024-09-04 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

New York CNN —Chipotle is already getting into the Halloween spirit. The fast-casual chain announced a costume collection with Spirit Halloween Wednesday, the seasonal Halloween costume store that pops up every year in abandoned storefronts. Two years ago, it posted a fake “Chipotle Fork” bodysuit with the caption “Found ur costume.” Then last year, another fake “Chipotle Napkin” costume showed up on its Instagram. The Chipotle Fork costume, for example, is just a plain black, polyester bodysuit. “Our popular Halloween tradition, Boorito, began with a burrito-themed costume contest and now we’re taking it to the next level with the launch of our first-ever costume collection in collaboration with Spirit Halloween,” said Chris Brandt, chief brand officer at Chipotle in a statement.

Persons: New York CNN — Chipotle, Chipotle, ”, Chris Brandt, Brian Niccol, Taco, Scott Boatwright Organizations: New, New York CNN, Burt’s, Retailers, Taco Bell Locations: New York, Canada, Chicago, Denver, Egg Harbor Township, N.J, Los Angeles

☆ Beyond Meat to launch new steak alternative as it focuses on health
▼ + stars: | 2024-09-04 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

Beyond Meat will introduce a whole-muscle steak alternative as part of its pivot to win over health-conscious consumers. In recent months, Brown has blamed some of the plant-based meat industry's woes on misinformation from the meat industry and cattle farmers, such as skepticism about plant-based meat's processing. Beyond already sells plant-based steak tips, but the new product mimics the texture of a filet with mycelium, the rootlike part of fungi. Brown envisions the steak alternative as a substitute for chicken, topping salads and stuffing burritos as a source of protein. The new products have short ingredients lists, in the hopes of winning over customers who previously thought plant-based meat was too processed.

Persons: Ethan Brown, Dunkin, Brown Organizations: PepsiCo, American Cancer Society

☆ It's no wonder Taco Bell is winning the fast-food wars. Just look at how they treat their biggest fans.
▼ + stars: | 2024-09-02 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +15 min

When Taco Bell announced the event back in July, it invited hundreds of fast-food lovers to slow down and enjoy "early retirement" with all-you-can-eat Taco Bell meals and "senior-inspired recreation." Hanging among the racks were limited-edition Taco Bell merchandise, vintage T-shirts, basketball shorts, hot pants, and many, many hats. I opted for the Cantina chicken burrito and soft taco, my favorite new menu items at Taco Bell. Tim revealed he was an avid runner who had trekked two miles to grab a single taco from Taco Bell for 97 days in a row. Anneta Konstantinides/Business InsiderWhen I asked Rotter why Taco Bell was so important to him, he recalled a trip to the only Taco Bell in Hawaii that sells kalua pork, where the staff lit up over his Hawaiian Taco Bell shirt.

Persons: —, Taco, Taco Bell, Uber, tacos, Kenny Rotter, Rotter, fanny, there's, Snoop, I've, Anneta, Taylor Montgomery, Taco Bell's, Montgomery, Dolly Parton, Bell, Gen Z, Tim, dink, influencer Joey Zauzig, Zauzig, Will, James, Caroline Organizations: Service, Taco Bell, Bell, Business, New York, Subway, Planters, KFC, Mac Locations: San Diego, La Valle, San Diego's, Santa Fe, Los Angeles, San, Woodstock, LA, Taco, Hawaii, America

☆ 6 ways Starbucks' incoming chief Brian Niccol transformed Chipotle
▼ + stars: | 2024-08-14 | by ( Grace Dean | ) www.businessinsider.com time to read: +6 min

Niccol has a "great track record" and is an "outstanding" hire for Starbucks, Edward Jones restaurant analyst Brian Yarbrough told Business Insider. Alongside Curt Garner, the chain's chief information officer who joined in 2015, Niccol helped spearhead Chipotle's digital turnaround. In Niccol's first full year at Chipotle, in 2019, digital sales were up 90%. AdvertisementMost locations already had two make lines when Niccol joined Chipotle, but the strategy was unclear, BI previously reported. "Whether you're a light, medium, or heavy user, when you're in the rewards program, you come more frequently and you spend more," Niccol told investors in February.

Persons: —, Taco Bell, Brian Niccol, Laxman Narasimhan, Niccol, Edward Jones, Brian Yarbrough, William Blair, Sharon Zackfia, Howard Schultz, He's, perf, Chipotle, Chipotle's, Gregory Rec, Jack Hartung, Curt Garner, they'd, Jefferies, Andy Barish Organizations: Service, Taco, Starbucks, Business, Portland Press, Getty, Niccol's, BI Locations: Chipotle, Ohio, China

☆ Are Chipotle Burritos Getting Smaller? Not on Purpose, Its C.E.O. Says
▼ + stars: | 2024-07-25 | by ( Sarah Hurtes | ) www.nytimes.com time to read: +1 min

Chipotle Mexican Grill has built its fast-casual burrito dominance largely on consistency and size. Amid a storm of customer complaints on social media, accusing the chain of serving smaller portions in their burritos and burrito bowls, Chipotle’s chief executive, Brian Niccol, firmly denied that the company’s portion policies had changed. “First, there was never a directive to provide less to our customers,” he said during an earnings call Wednesday. “Generous portion is a core brand equity of Chipotle. It always has been, and it always will be.”Still, Mr. Niccol said the complaints had led him to re-examine Chipotle’s practices across its operation.

Persons: Brian Niccol, ”, Niccol

☆ Chipotle’s CEO weighs in on the burrito bowl portion size debate
▼ + stars: | 2024-07-24 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

New York CNN —Customers on social media have been furious with Chipotle for allegedly skimping on its burrito bowl portions this year. “First, there was never a directive to provide less to our customers,” CEO Brian Niccol said during an earnings call Wednesday. In June, a Wells Fargo analyst ordered and weighed 75 Chipotle burrito bowls with white rice, black beans, chicken, pico de gallo, cheese and lettuce across eight Chipotle locations in New York City. The bowls weighed roughly the same for in-store orders and online orders, but some locations served bowls that weighed 33% more than other locations. Some burrito bowls went to extremes, with one topping out at 27 ounces in one location, and a meager 14 ounces in another.

Persons: Chipotle, Brian Niccol, ” Niccol, pico de, ” Niccols, Nathaniel Meyersohn Organizations: New, New York CNN Locations: New York, Wells, New York City

☆ Chipotle earnings and revenue top estimates, restaurant traffic rises again
▼ + stars: | 2024-07-24 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

Chipotle Mexican Grill on Wednesday reported quarterly earnings and revenue that topped analysts' expectations as it saw higher traffic at its restaurants, bucking an industry slowdown. Shares of the company rose about 13% in extended trading before losing most of those gains and settling around 3% higher. The company's same-store sales rose 11.1% in the quarter, topping StreetAccount estimates of 9.2%. Chipotle opened 52 new company-owned locations and one new international licensed restaurant during the quarter. The company reiterated its full-year outlook that same-store sales will grow by a mid- to high-single-digit percentage.

Persons: Chipotle, Brian Niccol, Niccol Organizations: LSEG, Executives, PepsiCo, McDonald's Locations: Texas

☆ That Chipotle portion-size social media drama might mean more 'generous' meals for some customers
▼ + stars: | 2024-07-24 | by ( Alex Bitter | ) www.businessinsider.com time to read: +1 min

Chipotle has taken action after some customers complained about small portion sizes at the chain. The company found stores that got "outlier portion scores" in surveys, CEO Brian Niccol said. Chipotle never gave "a directive to provide less to our customers," Niccol added. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy .

Persons: Chipotle, Brian Niccol, Niccol, — Organizations: Service, Business

☆ Serve Robotics stock soars 241% after Nvidia takes $4 million stake in the company
▼ + stars: | 2024-07-19 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

Serve Robotics' shares soared 241% after Nvidia disclosed a stake in the company. Serve Robotics focuses on self-driving delivery vehicles for last-mile deliveries. AdvertisementShares of Serve Robotics soared as much as 241% on Friday after Nvidia disclosed a stake in the company. The bond was converted to stock following Serve Robotics public debut in April. In February, Nvidia disclosed relatively small investments in SoundHound AI and Nano X Imaging, resulting in similarly big stock price moves.

Persons: —, Serve's, Uber Organizations: Robotics, Nvidia, Service, SEC Locations: Los Angeles, San Diego, Dallas, Vancouver

☆ My son and I spend half the year in France. His biggest culture shocks are the Coca-Cola, the gas stations, and the tiny roads.
▼ + stars: | 2024-07-16 | by ( Stephanie Kaloi | ) www.businessinsider.com time to read: +5 min

My teen son joins us frequently, mostly made possible because he homeschools and agenerally likes to travel. AdvertisementGas stations in France are better than those in the USThis summer is the first one we've rented a car and spent significant time driving throughout France. This experience has come with a startling experience: Shell gas stations in France are wildly more clean and comfortable than they are in the States; in fact, they're even borderline beautiful. In addition to just flat-out being my favorite fast food, Taco Bell is also a favorite of my son's because he's been a vegetarian his entire life, and you can always count on Taco Bell for a few bean burritos (no red sauce, no onions) in a pinch. The reason for the lack of Taco Bell has never been explained to me, and France clearly has no problem hosting fast food establishments from the US (KFC, McDonald's, and Burger King are everywhere).

Persons: agenerally, Pepper, Uber, we've, Taco Bell, he's, Taco, Burger Organizations: Service, Advertisement, Shell, Taco Bell, Taco, US, KFC Locations: Europe, France, Paris, States, Coke, we're, Cannes, America

☆ I'm a dietitian, and my husband is a personal trainer. Here are 14 things we're buying at Trader Joe's right now.
▼ + stars: | 2024-07-07 | by ( Jasmine Westbrooks | ) www.businessinsider.com time to read: +1 min

I'm a registered dietitian and my husband is a personal trainer, and we love Trader Joe's. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTrader Joe's may feel like a kitschy neighborhood grocery store, but it's actually a multibillion-dollar chain with well over 500 locations across the US. As a dietitian who married a personal trainer, here are some of our favorite things to get at Trader Joe's in the summer.

Persons: I'm, Joe's, —, it's Organizations: Service Locations: burritos

☆ Why doesn't Facebook just ban AI slop like Shrimp Jesus?
▼ + stars: | 2024-06-30 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +1 min

AI "slop" images all over Facebook. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This is all "AI slop," the new term describing the sudden flood of garbage AI-generated content, from ebooks to viral photos. This is the Shrimp Jesus kind of slop: bizarre, obviously fake, and sometimes vaguely unsettling in a trypophobia-triggering way. This story is available exclusively to Business Insider subscribers.

Persons: —, Jesus Organizations: Facebook, Service, Business

☆ How Gen Zers dine out: From spicy food to menu hacks
▼ + stars: | 2024-06-14 | by ( Grace Dean | ) www.businessinsider.com time to read: +7 min

They love to customize their food, they're suckers for a menu hack, and they crave spicy dishes, restaurant executives and experts say. Menu hacks fly on social mediaGen Zers are more inclined to try out menu hacks, creating new dishes using items already available on the menu. AdvertisementAt Caribou Coffee, younger customers — Gen Alpha, Gen Zers, and younger millennials — are most likely to modify their drinks, CMO Erin Newkirk told BI. They crave spicy foodGen Zers are big fans of spicy food, executives previously told BI. In a 2022 poll by Morning Consult , US Gen Z respondents listed chicken as their second-favorite food overall, behind only pizza.

Persons: —, Gen, Taylor Swift, Zers, They're, Joe Labombardo, It's, Alessandro Biascioli, Lizzy Freier, Tom Boland, he'd, Boland, Piper Sandler, Justin Sullivan, Labombardo, Gen Z, Alpha, Gen Zers, millennials, Erin Newkirk, Andy Rebhun, Kuttig, Gen Zs, pao, it's, Liang Lim, Cane's, Joe's, Z, they're, Caribou's Newkirk Organizations: Service, Business, Higher, Getty, Bojangles, Coffee, El Pollo, Morning, Piper, Foods Locations: Chipotle, Nashville

☆ My family tried 8 frozen meals from Costco and ranked them. Even the lowest-rated item was tasty.
▼ + stars: | 2024-06-06 | by ( Ted Berg | ) www.businessinsider.com time to read: +1 min

My family tried and ranked eight frozen meals from Costco to see which ones were the tastiest. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementLike a large portion of shoppers who buy frozen food, a retail sector that's seen significant growth over the past year, I prioritize cheap, convenient meals for my family. The freezer section at Costco always offers a broad variety of frozen meals, but buying anything in bulk-sized portions can be risky if you have no idea what to expect from the food. This story is available exclusively to Business Insider subscribers.

Persons: Kirkland, — Organizations: Costco, Service, Business

☆ I helped my aging dad get a job in the kitchen of the hospital I work at. It's hard to see him in such a thankless job, but I'm so proud and love being his coworker.
▼ + stars: | 2024-05-29 | by ( Grace Ryu | ) www.businessinsider.com time to read: +8 min

My dad owned a wide variety of businesses. My dad worked the grill and made the hot dishes while my mom took customer orders and packed the food. AdvertisementI vouched for my dad at my jobMy dad told me that he still wanted to work after he sold the lease. That's when I thought he could get a job working in the kitchen at the hospital where I worked. I talked to the manager of food services at my hospital and asked if they'd give my dad a job in the kitchen.

Persons: he'd, Ryu, Grace Ryu, —, He's, they'd, I'd, he's, I've, She's Organizations: Service, Business Locations: Maryland, Baltimore, Ocean City, California, America

☆ I tried 23 popular frozen meals from Trader Joe's, and would buy at least half of them again
▼ + stars: | 2024-05-16 | by ( Savanna Swain-Wilson | ) www.businessinsider.com time to read: +34 min

I'm picky about instant meals, though, so I reviewed 23 of Trader Joe's frozen entrées. AdvertisementVERDICT: Although Trader Joe's penne arrabbiata could make for a satisfying, last-minute dinner, it wasn't memorable enough for me to buy again. Trader Joe's frozen section offers many different Tex-Mex and Mexican-inspired dishes, but I noticed these because of the "hatch chile" description. I thought Trader Joe's vegetable-and-cheese enchiladas were a disappointing, soggy messOnce cooked through, Trader Joe's vegetable-and-cheese enchiladas didn't impress me. I hoped Trader Joe's spicy peanutty noodle bowl with chicken would be goodI enjoyed Trader Joe's spicy peanutty noodle bowl with chicken.

Persons: —, Joe's, Wilson, Wilson I'm, it's, penne arrabbiata, I'm, fryer, Savanna, gooey Monterey Jack oozed, they're, might've, I've, provolone, Wilson Jackfruit, didn't, It's, I'd, you've, mozzarella, Bolognese, would've, bolognese, microwaving, gnocchi, it'll, chow, chiles, Wilson I, raved Organizations: Service, Business, Monterey, Wilson, Joe's Locations: Savanna, Monterey Jack, gooey Monterey, Cuban, pesto, jalapeño, gnocchi

☆ Chipotle says its service is much faster now, and it means fewer people are bothering to order ahead
▼ + stars: | 2024-04-26 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

Chipotle's CFO said that says that fewer customers are ordering ahead as its service speeds up. A key metric for the chain is how many entrées each restaurant makes in its peak 15 minutes. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementChipotle says that its service is becoming so much speedier that fewer customers are bothering to order ahead on its app. During the pandemic, many fast-food and fast-casual chains rolled out ways for customers to order ahead so that customers could skip the line.

Persons: —, Chipotle, Jack Hartung, Brian Niccol, Niccol, Hartung Organizations: Service, Business, Boston

☆ My family loves my easy homemade tortillas that only need 5 ingredients — and that's including water
▼ + stars: | 2024-04-26 | by ( Steven John | ) www.businessinsider.com time to read: +1 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIf you're looking for the ultimate crowd-pleasing food — especially if said crowd includes some hungry kids who may or may not be picky eaters — my family has the best homemade tortilla recipe. The five-ingredient recipe is great for tacos, burritos, quesadillas, wraps, dips, or on its own with butter. Since I pretty much always have the simple ingredients on hand in my kitchen, the homemade tortillas have been a great way for my family to save a little money on ever-inflating grocery bills.

Persons: masa, — Organizations: Service

☆ Chipotle had to rename its barbacoa burrito filling because customers didn't know what it was
▼ + stars: | 2024-04-25 | by ( Grace Dean | ) www.businessinsider.com time to read: +1 min

Chipotle renamed its barbacoa filling because customers didn't know what it was. It has now been renamed "braised beef barbacoa," its CEO said. AdvertisementChipotle's CEO said it had to rename its barbacoa burrito filling because diners weren't sure what it was. "Many of our guests did not know that barbacoa was braised beef," CEO Brian Niccol told analysts at the company's first-quarter earnings call on Monday. The item, which is labeled on its US menu as "beef barbacoa" and in its ads as "braised beef barbacoa," is available as a filling for burritos, burrito bowls, salad bowls, tacos, and quesadillas.

Persons: Chipotle, Barbacoa, —, barbacoa, Brian Niccol Organizations: Service, Business Locations: Mexico

☆ I'm a nutritionist who shops at Costco for 2. Here are 15 things I always buy in bulk.
▼ + stars: | 2024-02-26 | by ( Candace Nelson | ) www.businessinsider.com time to read: +11 min

Candace Nelson for InsiderEggs are so versatile, and we eat a ton in my house since we're huge fans of breakfast burritos. Kirkland Signature's mixed-nut butter is wholesome and simpleKirkland Signature's nut butter is a great source of healthy fats. Candace Nelson for InsiderKirkland's mixed-nut butter is my all-time favorite Costco discovery — I recommend it to my nutrition clients and use it almost daily. Candace Nelson for InsiderI do most of my cooking in olive oil, so I keep it near the stove for easy access. Candace Nelson for InsiderI don't eat a lot of dairy but when I do, I prefer it in cheese form.

Persons: —, Candace Nelson, Kirkland Signature's, Kirkland's, I'm, Kirkland Organizations: Service, Business, Costco, Disney, Kirkland Locations: Costco, veggies

☆ I used to work at Trader Joe's and I loved it — but there are 11 things I never buy there
▼ + stars: | 2024-02-23 | by ( Jonathan Chandler | ) www.businessinsider.com time to read: 1 min

I worked at Trader Joe's for almost three years and realized it's better to pass up some items. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementI loved trying many of the chain's products during my three years working at Trader Joe's. Here are 11 things I never buy at Trader Joe's.

Persons: Joe's, —, I'd Organizations: Swimmers, Service

☆ I'm a dietitian on the Mediterranean diet. Here are 12 things I buy at Target every month.
▼ + stars: | 2024-02-10 | by ( Lauren Manaker | ) www.businessinsider.com time to read: +1 min

I'm a busy mom and dietitian on the Mediterranean diet, so I love shopping at Target. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAs a busy mom, it should be no surprise that I find myself at Target at least once a month. This story is available exclusively to Business Insider subscribers.

Persons: I'm, — Organizations: Service, Business

More foods are being recalled in the wake of a deadly outbreak of listeria food poisoning, including snack foods that may be part of Super Bowl Sunday party menus. Photos You Should See View All 21 ImagesThe recalled foods were sold to food service providers, retailers and at deli counters nationwide. The U.S. Department of Agriculture also issued a public health alert for certain Amazon kitchen burritos that contain ingredients made by Rizo Lopez Foods. About 1,600 people are sickened by listeria food poisoning every year, according to the CDC. The CDC said consumers who have the recalled products should throw them away and thoroughly clean the refrigerator, counters and other contact sites.

Persons: Joe's, Rizo Lopez, Tio Francisco, Don Francisco, Rizo, Campesino, Dos, Casa Organizations: Super Bowl, Costco, Rizo Lopez Foods, Inc, U.S . Centers for Disease Control, Prevention, Health, Rizo Bros, Food, U.S . Department of Agriculture, CDC, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Modesto , California, Rio Grande , Food City, El, San Carlos, Santa Maria, Casa Cardenas

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