• Donald Trump's most recent tariffs on China put Apple's profitability at risk, analysts say.
• Apple previously avoided similar tariffs in 2019 after discussions between Cook and Trump.
• Mexico, Canada, and China are planning retaliatory measures that could additionally hurt sales.

Apple CEO Tim Cook is finding himself staring down China tariffs again, six years after narrowly avoiding them during Donald Trump's first term.

President Trump is imposing tariffs on Mexico, Canada, and China that he says are meant to push them to do more to stop fentanyl, an addictive synthetic opioid, from entering the US. So far, it's prompted each country to announce potential countermeasures, with Mexico and Canada promising retaliatory moves.

Tech analysts' eyes are now on Cook to see whether he can successfully extricate Apple from the levies — like he managed to with Trump's China tariffs in 2019.

"We're dealing with a new political and market landscape, and similar exemptions aren't guaranteed," Jacob Bourne, tech analyst at EMARKETER, a Business Insider sister company, said.

Apple makes about 95% of its most popular products in China, Forbes previously reported. Trump's added 10% tariff on the country's imports to the US would mean the cost could fall on consumers or the company itself, analysts told BI.

It's unclear if Cook is already pursuing a workaround for Apple, but Morningstar analyst William Kerwin said Apple's exploration of US manufacturing "could be a part of a deal for an exemption."

The last time China was hit with Trump tariffs, Apple managed to protect iPhones and MacBooks. Reuters reported that Cook cited competition with South Korea's Samsung in previous discussions with Trump. Kerwin says, "We'll see" if Cook can make another good case to Trump in 2025.

Apple's global visibility and the "challenging geopolitical climate" leaves it open to potential retaliatory tariffs from countries where it does business, said Gil Luria, an analyst at D.A. Davidson & Co.

China, specifically, poses a threat when it comes to manufacturing and revenue, as the region is a key market for Apple's sales. The iPhone maker has lost ground there to local smartphone companies in recent years.

"A prolonged tariff-driven conflict could impact Apple sales outside the US," Luria said.

Apple didn't immediately respond to a request for comment from BI.

Over the past five years, Apple has mostly avoided increasing iPhone prices in the US (apart from a $100 bump on Pro Max models in 2023).

"We don't expect the pricing lever to get pulled in the short-term," Kerwin said.

As for Cook, he told analysts that Apple is "monitoring the situation" during its first-quart fiscal year 2025 earnings call Thursday.

• Elon Musk, the head of DOGE, is officially an employee of the US federal government.
• The White House confirmed his employment on Monday. He will not receive a paycheck.
• Musk is a "special government employee," a role that's not supposed to last for more than 130 days.

Elon Musk is officially an employee of the United States federal government.

A White House spokesman confirmed to Business Insider on Monday that the Tesla and SpaceX founder is a "special government employee" and will not receive a paycheck for his service.

The government has historically used the "special government employee" classification for temporary workers who bring a particular expertise but do not intend to be employed permanently.

Special government employees are not subject to the ethics and conflicts of interest rules that government employees typically encounter. Musk's companies, particularly Tesla and SpaceX, have benefited significantly from government contracts.

According to federal law, special government employees cannot serve for more than 130 days in a 365-day period.

Musk's "Department of Government Efficiency" is also part of the federal government — President Donald Trump's signed an executive order on his first day in office renaming the United States Digital Service to the "United States DOGE Service."

In recent days, Musk and his DOGE team have taken aim at the US Agency for International Development (USAID), with Musk calling for the agency to be shuttered.

On Monday, employees were told that the building would be closed and staffers would be required to work from home, spurring outcry from Democratic lawmakers.

• Ontario Premier Doug Ford said the Canadian province would be ending its Starlink contract with SpaceX.
• The contract, worth around $68 million, aimed to provide internet access to 15,000 homes and businesses in Ontario.
• Ford said he also plans to ban American companies from provincial contracts until Trump's tariffs are removed.

One of the companies Elon Musk runs could be about to lose a $68 million contract due to President Donald Trump's tariffs against Canada.

Ontario Premier Doug Ford announced on Monday that the province would be "ripping up" its contract with Starlink, the satellite internet service operated by SpaceX.

"Ontario won't do business with people hellbent on destroying our economy," Ford wrote in a post on X. "Canada didn't start this fight with the U.S., but you better believe we're ready to win it."

In November, Ontario awarded a contract worth about $68 million with SpaceX, which is helmed by CEO Elon Musk, to provide internet access to "15,000 unserved and underserved homes and businesses" across Ontario by June 2025.

In Ford's post mentioning Starlink, he also said Ontario would be "banning American companies from provincial contracts," adding that the Ontario government spends about $30 billion on procurement every year and "U.S.-based businesses will now lose out on tens of billions of dollars in new revenues."

"They only have President Trump to blame," Ford said in the post.

Ford's statements follow Trump's announcement of a 25% tariff on Canadian and Mexican goods and a 10% tariff on imports from China.

The US has already delayed its tariffs on Mexico by a month after the country agreed to compromise on some of Trump's border demands. Colombia similarly worked out an agreement with the Trump administration about a week ago after the White House threatened a 25% tariff on the country.

Canadian Prime Minister Justin Trudeau said on Saturday that Canada would impose 25% tariffs on around $106 billion of US goods. Some of the tariffs are set to go into effect on Tuesday, and others in about three weeks.

Ford has previously criticized Trump's policies, and over 30 labour leaders in Ontario gathered last Monday to demand the Premier establish a tariff task force to address US tariffs.

SpaceX, Ford, and Donald Trump's administration did not immediately respond to a request for comment.

• Celebrities attended the 2025 Grammy Awards in stunning fashion on Sunday night.
• Many of their outfits featured subtle but interesting details you might have missed.
• Beyoncé and Taylor Swift, for example, both hid meaningful initials in their looks.

The Grammy Awards were, in a single word, eventful.

Beyoncé finally took home the album of the year award, Chappell Roan called out the music industry onstage, and Kanye West walked the red carpet alongside his partner, Bianca Censori, who was nearly nude.

Of course, there were also many examples of stunning style moments throughout the event and countless subtle details you might have missed.

Here's a look at some of those hidden fashion moments, from charitable donations to jewelry that made a statement.

The gown Beyoncé wore subtly nodded to her name and cowgirl era.

The "Cowboy Carter" star didn't walk the red carpet this year, so you might not have gotten a good look at the details of her custom Schiaparelli gown and matching gloves.

The sleeveless piece had a deeply scooped neckline, a waist cutout with a hanging gem, a floor-length skirt, and all-over brown sparkles.

It was also decorated with beaded Bs and a white paisley print, which gave the gown a Western feel.

Sabrina Carpenter didn't just accessorize. She wore famed diamonds with a deep history.

From the front, Carpenter appeared to wear a simple, feathered gown designed by JW Anderson. When she turned around, however, you could see its daring backless design and the dazzling diamonds she wore to highlight it.

Those jewels, in particular, are more significant than you might realize.

They come from Chopard's Garden of Kalahari collection, which features pieces crafted from a 342-carat stone mined in Botswana and named "The Queen of Kalahari."

Carpenter wore them in the form of a torso-length necklace with small pear-shaped stones — which collectively weigh 19 carats — leading to a 50-carat round statement piece.

She also wore matching earrings and a 10.10-carat ring from Chopard, according to People.

Charli XCX made it rain underwear for a good cause.

To perform her hit "Guess," Charli XCX hit the Grammys stage in denim undergarments, a belt, and a jacket from Dior.

She also recreated the song's music video and had underwear rain from the ceiling to create "Brat"-style confetti that fell around the musician, dancers, and her famous friends.

Though the stunt might have seemed silly to some, it was actually meaningful.

"All unworn undergarments will be donated to survivors of domestic violence through I Support the Girls," the Grammy Awards noted via a brief text box displayed on its broadcast.

Taylor Swift sported a red ensemble that appeared to honor her boyfriend in multiple ways.

The cherry-red color of Swift's Vivienne Westwood minidress matched the signature color of Travis Kelce's team, the Kansas City Chiefs.

She may have been manifesting the team's third straight Super Bowl win, which they'll play for on Sunday.

The "Tortured Poets Department" musician also completed her custom dress with a T initial charm that hung from a gold, ruby-embellished chain attached to her miniskirt.

The letter T could've been a nod to Kelce's first name, while the style overall appeared to reference a line from her song "Guilty as Sin?" in which Swift sings, "What if he's written 'mine' on my upper thigh only in my mind?"

Swift co-designed the leg jewelry with Lorraine Schwartz and her stylist Joseph Cassell Falconer, People reported.

Multiple stars wore blue, heart-shaped pins to honor victims and first responders of the California wildfires.

Trevor Noah was one of them, wearing the MusiCares-designed pin on the red carpet and onstage while hosting the show.

The nonprofit's CEO, Harvey Mason Jr., told USA Today that the natural disaster "changed the mood" of the 2025 Grammys.

"It changed what we've done (with the show), raising funds and awareness for the fire relief," he told the publication.

Miley Cyrus quietly made three daring outfit changes.

She first arrived at the Grammy Awards wearing a black Saint Laurent halter dress crafted from leather. It had a wide waist cutout, a floor-length skirt, and a subtle slit at the bottom.

The "Flowers" musician later changed into a custom Alaïa gown that was similar in style but drastically different in fabric. The sleeveless black gown had a plunging neckline, a silver belt, and a pleated skirt with an opening that showed her skin.

Finally, Cyrus changed into another Saint Laurent look designed by Anthony Vaccarello. The long-sleeved look was black, striped, and sheer.

Julia Fox wore a simple outfit with a daring detail you could only see when she turned around.

The actor arrived on the red carpet in a cropped leather jacket with puffy sleeves, a see-through nylon top, and a matching miniskirt.

It was only when she turned around that you could see her revealing thong, which showed most of her backside.

Fox wore the daring outfit with a pair of yellow gloves that resembled kitchen cleaning gear.

• President Trump's executive order on tariffs has contributed to market volatility.
• The executive order also targets the de minimis customs loophole and has brands scrambling.
• Brands are considering raising their prices and using other entry methods for their goods.

President Trump's Saturday executive order placing tariffs on goods from China, Canada, and Mexico sent shockwaves through global markets.

But another part of the order has also had e-commerce brands scrambling for solutions. It targets a loophole in US customs law that has been used by e-commerce disruptors like Shein and Temu and many American companies.

Section 321, also known as de minimis, allows importers to avoid paying duty and tax on shipments that are valued at less than $800 and going directly to customers. Shippers using de minimis do not have to provide as much information to US Customs and Border Protection as shippers using more traditional methods would. Opponents of the provision have argued that since de minimis shipments are often not inspected, they have allowed bad actors to import illicit goods like fentanyl into the US.

Saturday's executive order closes that loophole, at least in part. However, there are still uncertainties regarding the future of de minimis.

The executive order imposes tariffs on goods originating in China, Mexico, and Canada and specifically calls out Canada for its failure "to do more to arrest, seize, detain, or otherwise intercept DTOs [drug trafficking organizations], other drug and human traffickers, criminals at large, and drugs." It does not mention de minimis shipments originating in countries aside from the three listed, leaving open the possibility that the loophole could still be used elsewhere.

DTC brands are scrambling

Companies that have relied on de minimis are trying to quickly make changes to their business models.

Maggie Barnett, CEO of third-party logistics provider LVK, said that some direct-to-consumer brands she spoke with over the weekend are facing cash-flow issues because they have relied on the de minimis provision to import their goods into Mexico or Canada before shipping them to customers in the US duty-free. They may have to raise their prices.

"They're used to not having to pay this money upfront before sales come, if at all," Barnett told Business Insider.

She said the company is advising its customers to weigh their options before revamping their supply chains in response to the executive order.

"Making changes to your supply chain can be very costly, and you wouldn't want to completely change your supply chain and then have a new announcement drop," she said. "I would urge all brands to be very cautious and to find optionality in their approach to their supply chains."

That could mean working with a US-based third-party logistics company if they don't already, or starting to work with suppliers in countries not affected by the executive order.

Portless, a startup that replicates Shein's model by fulfilling online brands' orders in China and then shipping them directly to customers, told BI on Monday that it would shift to using other methods like Entry Type 11. Entry 11 is faster than traditional types of import, but it does require importers to pay tax. Portless will now pay its customers' import duties upfront and then issue a monthly invoice for brands to cover.

"We've been preparing for this potential change over the last few months," CEO Izzy Rosenzweig said.

Some US politicians have called for reform to the de minimis provision in recent years, arguing it creates unfair competition for American companies and furthers trade of illicit goods.

The rise of Shein and Temu has brought further attention to the loophole. An interim 2023 report from the US House Select Committee on the Chinese Communist Party said that Shein and Temu "likely" account for more than 30% of all shipments made to the US under the de minimis provision. It added that almost 50% of all de minimis shipments to the US come from China. Both Shein and Temu have pushed back on the notion that they rely on de minimis to grow their business.

Canadian Prime Minister Justin Trudeau announced 25% retaliatory tariffs on the US following Trump's executive order. The tariffs on Mexico, meanwhile, have been delayed a month after Trump reached an agreement with Mexican president Claudia Sheinbaum on Monday.

Do you have a story to share? Contact this reporter at [email protected], [email protected], or on Signal at @mlstone.04.

• Financial firms seek to hire thousands of skilled foreign workers through H-1B visas each year.
• President Trump's immigration crackdown is raising questions about the future of such visas.
• See which financial firms file for the most H-1B visas, according to publicly available data.

As President Donald Trump follows through on his campaign promises to crack down on immigration, questions remain about what might happen to skilled workers who come to the US on H-1B visas.

Trump targeted the H-1B visa program in his first term when he signed the "Buy American, Hire American" executive order to rein in potential abuses. Ahead of the second term, however, he told the New York Post that he "always liked the visas," which US companies use to hire foreign workers with specialized skills, often in science and technology.

"I've been a believer in H-1B," he told The Post in December. "I have used it many times. It's a great program."

Still, the future of the program remains very much up in the air: Last week two Republican senators introduced a joint resolution to strike down a Biden-era rule allowing such visas to be automatically extended for 540 days, instead of 180 days.

As such, Business Insider has run the numbers to find out which US financial services companies stand to be most impacted if these visas are tamped down again. BI used data from the Department of Labor and US Citizenship and Immigration data to analyze which financial giants file the most H-1B requests. The data runs through the 2024 government fiscal year (the fourth quarter of 2023 through the third quarter of 2024) and is collected from applications submitted by businesses that wish to sponsor a skilled worker's visa.

We found that some of the largest banks, credit card companies, and asset managers are among the most active sponsors of these visas, including JPMorgan and BlackRock. While many of the filings seek tech and software workers, some firms have used them to hire investment bankers or investment professionals.

Of course, not all filings lead to a foreign-worker hire and some filings may actually be for the same hire as firms will refile to reflect amendments or to extend an existing visa. Still, the publicly available data provides a good indication of the H-1B visa demand among major companies.

The firms listed either did not respond to a request for comment or declined to comment on the record.

Check out which financial firms are sponsoring the most H-1B visas, including the types of roles they are seeking to fill:

1. JPMorgan Chase

Total certified H-1B filings: 1,990

Total employees worldwide: 317,233 as of the end of 2024

Types of filings: More than 1,500 filings are for workers with "software" in their title. The firm also fired for roles like a vice president of investment banking, an executive director of liquidity risk management, and a managing director of client fraud prevention

2. Fidelity

Total certified H-1B filings: 1,839

Total employees worldwide: More than 76,000 per a January press release

Types of filings: More than 40% of filings contain the word software in their job title, and many other filings are related to tech as well, such as a director-level AI employee. The company also filed for a director of quantitative analysis and even some accounting roles through the program.

3. Goldman Sachs

Total certified H-1B filings: 1,443

Total employees worldwide: 46,500

Types of filings: Slightly more than a quarter of Goldman's filings are for roles that contain the word software. The company has also hired some divisional COO and CFOs through the program, as well as managing directors in areas like banking and financial crime control.

4. Citi

Total certified H-1B filings: 1,058

Total employees worldwide: 239,000

Types of filings: Many of the filings are for tech roles, like software engineering, application development, and information technology roles. Other filings include a regulatory risk group manager and even a trader.

5. Capital One

Total certified H-1B filings: 758

Total employees worldwide: 51,987 at the end of 2023

Types of filings: Most of Capital One's filings are for tech roles, as well as adjacent roles like a quantitative analysis manager and a range of data science roles.

6. Morgan Stanley

Total certified H-1B filings: 642

Total employees worldwide: More than 80,000 per its website

Types of filings: Morgan Stanley does not include job title information in their filings, only the level of seniority. The filings range from the associate level all the way up to managing director.

7. Barclays

Total certified H-1B filings: 609

Total employees worldwide: Approximately 85,000 per its corporate website

Types of filings: Most of Barclay's filings are for tech roles, but the company has also hired for director roles in global markets, equity derivatives structuring and for a credit desk quant role.

8. Visa

Total certified H-1B filings: 587

Total employees worldwide: 31,600 as of a December 4, 2024 report

Types of filngs: The vast majority of filings are for tech roles, like a senior machine learning engineer and a wide variety of software engineers. Other filings include a senior M&A manager and a senior finance manager.

9. American Express

Total certified H-1B filings: 575

Total employees worldwide: 74,000 per a 2024 press release

Types of filings: Nearly a third of AmEx's filings are for manager roles, the vast majority of those are in tech and data science portions of the business. The company has also filed for director roles in investment management and marketing analytics through the program.

10. Bank of America

Total certified H-1B filings: 500

Total employees worldwide: 213,193 as of the end of last year

Types of filings: Similar to others on the list, most of Bank of America's H-1B filings are for tech roles, but the company has also hired a credit senior officer at a director role, and an associate general counsel and VP who works with financial derivatives.

11. Wells Fargo

Total certified H-1B filings: 453

Total employees worldwide: 220,167 employees as of the end of Q3 2024

Types of filings: Nearly 300 of Wells Fargo's filings are for roles with software in the title, but the firm had also filed for roles like a construction management director and a lead securities trader.

12. Mastercard

Total certified H-1B filings: 447

Total employees worldwide: 33,400 employees at the end of 2023 per an annual report

Types of filings: Mastercard has made 220 H-1B filings for roles with software in the title, while another 64 include product in the name. Other filings include roles like a vice president of marketing, strategy, and operations, and a commercial counsel role.

13. Charles Schwab

Total certified H-1B filings: 429

Total employees worldwide: 32,100 employees as of the end of the third quarter of last year

Types of filing: More than 80% of roles have software in the name, though the company has also filed for director roles in business strategy, market risk management and treasury capital markets.

14. BlackRock

Total certified H-1B filings: 354

Total employees worldwide: more than 20,000 globally

Types of filings: The vast majority of BlackRock's H-1B filings only note the role level. Some specific roles were highlighted, like an external relationship management associate and a sustainable investing associate.

15. UBS

Total certified H-1B filings: 294

Total employees worldwide: 109,396 as of end of third quarter last year

Types of filing: UBS has filed for a range of tech roles as well as direct business roles, such as an alternative investments strategy director and director of investment banking.

• Many NFL greats fell short of winning the sport's greatest achievement: a Super Bowl.
• The Buffalo Bills' Jim Kelly led the team to four consecutive Super Bowls in the '90s but never won.
• Meanwhile, others like Cris Carter and Warren Moon never made it to the big game.

Winning the Super Bowl is what every professional football player strives to achieve.

But while many players have made their mark on the sport by winning a Super Bowl or two (or seven), there are plenty of great players who fell short of winning on football's biggest stage but still achieved legendary success.

Take Hall of Fame quarterback Fran Tarkenton: He went to the Super Bowl three times in four years during the '70s with the Minnesota Vikings but was never able to secure a ring. Buffalo Bills Hall of Famer Jim Kelly faced a similar fate in the '90s, losing four consecutive Super Bowls.

On the other hand, the Kansas City Chiefs have had no problem securing Super Bowl rings — they're after their third consecutive win at Super Bowl LIX — and it's up to the Philadelphia Eagles to disrupt their legacy on February 9 at Caesars Superdome in New Orleans.

With the big game quickly approaching, we put together a (subjective) list of the greatest NFL players who never won a Super Bowl but definitely should have.

Julius Peppers

Some players take a while to adjust to the demands of the NFL — Julius Peppers was not one of them. The defensive end and linebacker entered the league with a bang, winning NFL Defensive Rookie of the Year and setting the tone for the rest of his 17-season long career.

Although his only Super Bowl appearance came in 2004, where the Panthers lost to the New England Patriots 32-29, Peppers finished his career as a nine-time Pro Bowler and still holds the record for second-most forced fumbles and fourth-most sacks in NFL history.

In February 2024, he was announced as a first-ballot inductee to the Pro Football Hall of Fame. Throughout his career, he played for the Panthers, Chicago Bears, and Green Bay Packers.

Junior Seau

Linebacker Junior Seau was a star who fell short with both the Patriots and Chargers in the Super Bowl.

Seau played an impressive 20 seasons in the NFL, during which he reached the Pro Bowl 12 times and tallied 56 sacks and 18 interceptions. He reached the Super Bowl twice in his career: once with San Diego in 1995 and later as a part of the undefeated 2007 New England Patriots squad which lost to the Giants in Super Bowl XLII.

The NFL star died by suicide in 2012 and was posthumously inducted into the Pro Football Hall of Fame in 2015.

Eric Dickerson

Eric Dickerson sits atop the leaderboard for single-season rushing yards thanks to his 2,105-yard season in 1984, but he couldn't translate that success into a Super Bowl victory.

Throughout his 11 seasons, the Hall of Fame running back and his iconic googles made six Pro Bowls and rushed for more than 13,000 yards.

He never made it to a Super Bowl and lost in his only NFC Championship Game appearance during the 1985-1986 season to the Chicago Bears.

Warren Moon

Warren Moon is statistically one of the best quarterbacks ever, but he is rarely talked about ... likely because he never won a Super Bowl.

Throughout Moon's 17 seasons, he played for four different teams, threw for just under 50,000 passing yards, and tossed 291 touchdowns.

The Hall of Fame and All-Pro quarterback played in nine Pro Bowls but never reached even an AFC or NFC Championship, let alone the Super Bowl.

Terrell Owens

The NFL may never see another player as theatrical as Terrell Owens. The wide receiver put up incredible stats throughout his 15-season tenure — nearly 16,000 receiving yards and 153 touchdowns — but his indelible antics and the way he was known to divide locker rooms tend to stand out more to many.

His only Super Bowl appearance was with the Eagles in 2005, which they lost to the New England Patriots.

Cris Carter

Cris Carter is regarded as one of the best wide receivers in NFL history, but he and the Minnesota Vikings never made it to the Super Bowl.

Carter started his career in 1987 as a fourth-round pick by the Philadelphia Eagles, but truly began to shine after he joined the Vikings in 1990. Throughout his time in Minnesota, Carter led the team in receptions for 10 consecutive seasons. He was named to the NFL's All-Decade team of the 1990s and remains the sixth all-time leading receiver with 1,101 receptions.

Carter and the Vikings came the closest to a chance at winning the Super Bowl in the 1998 NFC Championship against the Atlanta Falcons, but a missed field goal allowed Atlanta to win in overtime. Carter later retired in 2002 after a brief stint with the Miami Dolphins and was named to the Pro Football Hall of Fame in 2013.

Tony Gonzalez

Before Rob Gronkowski and Travis Kelce elevated the tight-end position to a new standard, Gonzalez was arguably the best in the game.

He never made it to a Super Bowl but came close during the 2012-13 season, when the Falcons competed against the San Francisco 49ers in the NFC Championship. Gonzalez made the Pro Bowl 14 of his 17 seasons and was inducted into the Pro Football Hall of Fame in 2019.

LaDainian Tomlinson

LaDainian Tomlinson is widely considered one of the best running backs in NFL history, but he never made it to the Super Bowl.

In lieu of a Super Bowl victory, the Hall of Fame running back is remembered for numerous accolades including setting the single-season record for points scored (186), winning MVP in 2006, and appearing in five Pro Bowls.

In addition to his time spent with the Chargers and Jets, he is also known for his ambitious philanthropy.

Anthony Muñoz

Anthony Muñoz is one of the greatest offensive linemen in NFL history, but he and the Cincinnati Bengals lost two Super Bowls to the San Francisco 49ers in 1982 and 1989.

Despite not winning a Super Bowl, Muñoz still boasts an impressive resume, being named to 11 consecutive Pro Bowls and earning 11 consecutive All-Pro selections.

Randy Moss

Randy Moss set multiple league records but lost both Super Bowls he played in.

Moss' legendary 14-season career included stints with five different teams and numerous accolades such as the single-season record for receiving touchdowns with 23.

Despite making Super Bowl appearances with both the Patriots and the 49ers, Moss and co. could never overcome the final hurdle and win it all.

Jim Kelly

Few people have been as close to winning a Super Bowl — and know the frustration of losing — better than Jim Kelly.

The Hall of Fame quarterback led the Bills to the playoffs in eight of his 11 seasons and to the Super Bowl four consecutive times from 1991 to '94 but couldn't win any of the four games.

Until Josh Allen set a new record in 2020, Kelly held the Bills' single-season record for the most touchdown passes thrown.

Fran Tarkenton

Similar to Kelly, the Vikings' Fran Tarkenton made the Super Bowl three times in four years from 1973 to 1976 but left empty handed.

What's even worse is that he broke down during each performance, throwing multiple interceptions and failing to put up the kind of points required to win the Super Bowl.

The Hall of Fame quarterback is remembered as the original scrambler and at the time of his retirement, he held many league records, which are still impressive by today's standards.

Bruce Smith

Though an argument could really be made that the entire Buffalo Bills team from '91 to '94 deserved to win a Super Bowl, Bruce Smith is one of those players who leaves us scratching our heads as to how he never won.

The defensive end is the NFL's all-time sacks leader with 200 and a Hall of Famer, not to mention one of the fiercest defensive players to ever step on the field.

Dan Marino

Miami Dolphins quarterback Dan Marino is arguably the most prolific passer in NFL history, but he lost his lone Super Bowl game in 1985 to the 49ers.

Marino's sole Super Bowl appearance came the same season he threw for a jaw-dropping 5,084 passing yards — he was the first player to throw for more than 5,000 yards — and 48 touchdowns.

He did play in two other AFC championships, but never ended up making it back to the big show. He was inducted into the Pro Football Hall of Fame in 2005.

Barry Sanders

Barry Sanders has the fourth-most rushing yards in NFL history (15,269) but never won a Super Bowl.

Sanders was the first player in NFL history to rush for 1,000 yards in each of his 10 seasons in the league. The closest Sanders ever got to the Super Bowl was the 1991 NFC Championship Game.

He was inducted into the Pro Football Hall of Fame in 2004.

Champ Bailey

Champ Bailey is widely considered one of the best cornerbacks to ever play the game, but he and the Denver Broncos fell short of the Super Bowl title in a 43-8 loss to the Seattle Seahawks in 2014.

Still, Bailey holds the record for most defended passes in NFL history (203), he was a 12-time Pro Bowler, and he was chosen for the NFL's All-Decade Team of the 2000s.

He was inducted into the Pro Football Hall of Fame in 2019 as a first-ballot entry.

Larry Fitzgerald

Eleven-time Pro Bowl wide receiver Larry Fitzgerald lost the only Super Bowl he ever played in.

Fitzgerald and the Arizona Cardinals lost 27-23 to the Pittsburgh Steelers at Super Bowl XLIII in 2009.

He spent all 17 seasons of his career with the Cardinals, amassing the second-most career receiving yards of all time (17,492) and the second-most receptions of all time (1,432).

Fitzgerald will be eligible for the Pro Football Hall of Fame in 2026 and is expected to be first-ballot choice.

• Donald Trump is now America's 47th president and serving his second term.
• From his marriages to real estate to the presidency, he's captured the public's attention.
• Here's all you need to know about Trump's family, real estate business, and career in politics.

Donald Trump is president — again.

After his inauguration on January 20, 2025, the businessman and former reality television star commenced his second term. Long a fixture of the American cultural scene and now the 45th and 47th president of the United States, he will continue to have untold political influence.

Trump first entered politics in June 2015 when he descended an escalator at Trump Tower in New York City and announced he was entering the 2016 presidential race. Trump's presidency altered the very fabric of the Republican Party, bucking some traditional conservative values and ushering in the MAGA — Make America Great Again — era.

Here's a closer look at Trump's personal history and wide-ranging career.

Donald Trump's second presidency

Starting on his very first moments in office, Trump signed a flurry of day one executive orders and rescinded many of former President Joe Biden's executive actions.

Trump's earliest actions built on themes from his campaign, from an immigration crackdown, to increasing oil and gas production, to shrinking the federal workforce and calling employees back to the office. He signed a series of orders rolling back diversity, equity, and inclusion efforts, demanding that government-run diversity offices shut down and green-lighting probes into private companies' DEI efforts. He also issued around 1,500 pardons for January 6-related offenses included six commutations in the package, including for individuals who had been charged with seditious conspiracy.

Trump also used an executive order to form the Department of Government Efficiency, Elon Musk's cost-cutting and deregulatory body. Despite saying the group would exist outside of government during the campaign, the executive order brought DOGE inside the White House.

Tech and corporate leaders beyond Musk have also featured prominently in Trump's second term, with some formally serving in his administration. Silicon Valley leaders, including Mark Zuckerberg and Jeff Bezos, had prime spots at his inauguration.

Congress also confirmed a number of Trump's more controversial Cabinet picks, including Pete Hegseth for defense secretary. Marco Rubio soared to confirmation as the secretary of state in a unanimous vote. One of Trump's most contentious nominees, former Rep. Matt Gaetz for attorney general, withdrew from consideration amid allegations of sex-trafficking.

Donald Trump's 2024 presidential campaign and defeat of Kamala Harris

Trump announced his third presidential bid just after the 2022 midterms, and almost two years before election day in 2024. He easily beat his primary rivals and prepared for a rematch against Biden.

Trump complained when Biden dropped out of the presidential race at the end of July and former vice president Kamala Harris soared to the top of the ticket. Polls showed Trump and Harris closely tied in the final days of the race, though Trump ultimately pulled off a comfortable victory, sweeping the seven swing states and winning 312 electoral votes to Harris' 226. He also won the popular vote — the first time a Republican has done so in 20 years.

While surveys suggested Biden's unpopularity may have proven unsurmountable for Harris, other stats showed how younger voters tilted red, Latino voters increasingly backed Trump, and economic frustrations likely pushed the needle in his favor, too.

Additionally, Republicans regained Senate control and maintained control of the House, paving the way for Trump to make judicial appointments and fill any vacancies on the Supreme Court.

The election cycle was defined by political violence: There were two alleged assassination attempts against Trump, one in Pennsylvania and the other in Florida. The then-candidate survived both.

On July 13, Thomas Matthew Crooks shot at Trump at a rally in Butler, Pennsylvania, nicking his ear using an AR-style rifle. A Secret Service sniper killed Crooks, whose motive for the shooting remains unclear. The first assassination attempt quickly became a rallying cry for Trump supporters, and Elon Musk endorsed the former president shortly after.

The second assassination attempt occurred on Sept. 15 in Palm Beach, Florida at a golf course. Ryan Wesley Routh, the suspect, may have staked out the course for 12 hours. Law enforcement officials said that Routh got close to Trump but didn't have a clear line of sight of the former president. They also said that a Secret Service agent spotted Routh's rifle through a fence and immediately opened fire, at which point the suspect fled. On September 16, Routh was charged with two firearms counts.

Given the two candidates' wildly different politics, the competition turned nasty at times, with Trump questioning Harris' race and continuing a pattern of misogynistic comments toward female opponents.

In terms of the economy, a top issue for many voters, Trump promised to extend his hallmark 2017 tax cuts and eliminate taxes on tips. He also threatened broad 10 to 20% tariffs on imported goods, which economists predicted would fuel inflation.

Trump's views on abortion were a sticky subject in the post-Roe environment. He took credit for overturning Roe v. Wade during the race but tempered his stance to appeal to rising pro-choice sentiment. Trump said that states should decide the laws around abortion and didn't publicly supported a federal ban. In August, Trump said that the federal government should pay for costly IVF treatments.

Trump criticized Israel's actions in Gaza at times but portrayed himself as a strong defender of the Israeli state and hosted Prime Minister Benjamin Netanyahu at Mar-a-Lago. A temporary cease-fire between Israel and Gaza went into effect days before Trump took office for the second time.

With respect to the war in Ukraine, Trump repeatedly said he could end the war on Day One, though did not do so on his first day in office. He avoided explicitly saying that he wants Ukraine to win during the campaign.

Donald Trump's controversies and legal woes

Donald Trump's legal troubles stretch back to the very beginning of his business career. In 1973, the US Justice Department sued Fred and Donald Trump for allegedly violating the Fair Housing Act in various New York City apartment buildings. The parties settled the suit two years later and the Trumps did not admit to any wrongdoing.

Trump's political rise is backlit by controversy as well, from the personal scandals that have plagued his candidacies to his new status as the first former president convicted of a federal crime. The FBI investigated Russian interference in the 2016 election, but ultimately concluded that there wasn't sufficient evidence to prove that "members of the Trump campaign conspired or coordinated with the Russian government." Yet the report did find "numerous links" between the two groups.

While in office during his first term, Trump was impeached twice by the House of Representatives, but the Senate acquitted him both times.

The chamber first impeached him in 2019 on articles charging him with abuses of power and obstruction of justice. He is accused of offering Ukraine a quid-quo-pro: dig up dirt on Biden in exchange for military aid.

The second impeachment articles relate to his ongoing efforts to overturn the 2020 election and actions on January 6, 2021, when a violent mob stormed the Capitol. As lawmakers convened to certify the election results, Trump encouraged his supporters to attend a rally in DC to protest the joint session of Congress. Thousands showed up, including some from white supremacist groups and right-wing militias.

When speaking to the crowd, Trump did not explicitly call for violence, but encouraged his followers to "fight like hell" — many of those same followers stormed the Capitol moments later, overwhelming police and forcing lawmakers to flee. Five people died during or shortly after the event, including a Capitol police officer.

Congress reconvened to certify the election results in the early hours of January 7 and Biden was inaugurated on January 20, 2021. Meanwhile, Trump continues to deny that he lost the election in 2020, refusing to admit defeat.

After he left office, an avalanche of lawsuits against Trump piled up, many of which are stalled or are no longer being pursued after the election.

The former president has been charged in four criminal cases: a federal election interference case, a classified documents case, a Georgia election interference case, and a hush-money case. Trump had used money from two of his PACs to pay his legal fees.

In the federal election interference case, special prosecutor Jack Smith accused Trump of engaging in a broad effort to undermine Biden's 2020 win. Smith argued that Trump amplified false claims about voter fraud, pressured elected officials, and organized fake electors. He dropped the case after the 2024 election, but filed a report shortly before the inauguration saying that Trump would have been convicted if he hadn't won another term.

Smith also led the charge on a federal case accusing Trump of storing sensitive national security documents at Mar-a-Lago after removing them from the White House, and impeding the government from retrieving the documents. A Trump-appointed judge in Florida dismissed the case over highly controversial allegations that Smith's special counsel appointment was unconstitutional, a finding Smith's office appealed. The case was also ultimately dismissed after the election.

On May 30, 2024, Trump was convicted of 34 felony counts of falsifying business records related to hush-money payments made to Stormy Daniels, a porn star who alleges she had an affair with Trump. With the guilty verdict, Trump became the first former president to be convicted of a crime.

On January 10, 2025, the judge in that case sentenced Trump, cementing his felon status. The president did not receive any punishment, but the decision set off a new slate of legal questions, as Trump has pledged to appeal his criminal conviction.

Georgia's election interference case focused specifically on Trump's alleged attempts to overturn Biden's win in the state. District Attorney Fani Willis charged Trump and allies in August of 2023, though the case shrunk in scope and a judge dismissed several counts against Trump. The case was mired in scandals involving Willis' personal life, and her team was eventually disqualified. Willis is appealing the decision, which could take months. If Willis wins the appeal, she'll have to wait until Trump finishes his second term to re-start the case.

In addition to the criminal trials, a jury found Trump guilty of sexual abuse in a civil case brought by E. Jean Carroll. The saga, which has extended over two suits, related to Carroll's allegation that Trump raped her in a Manhattan department store and subsequently made defamatory statements. Together, they resulted in a verdict granting Carroll damages of $88.3 million. Trump appealed the cases but a jury upheld one of the verdicts in December, 2025. A spokesperson for Trump told BI he plans to keep appealing the verdict, which could keep the $5 million that Trump owes Carroll through that case frozen.

Donald Trump's political rise and the 2016 election

An ubiquitous presence in American life since the 1980s, Trump floated running for president since his early days as a businessman. People generally didn't take him seriously, and his political affiliations flip-flopped — he went from being a registered Democrat, to a registered Republican, to the front man for a remade American conservatism.

In 2012, Trump gained prominence in Republican circles for popularizing the "birther" theory — the racist and false claim that former President Barack Obama was not born in the United States. And in the summer of 2015, the prospect of a Trump presidential bid became much more real when he announced his candidacy at a campaign rally in New York City.

Throughout the 2016 campaign, Trump positioned himself as a political outsider and built his platform around economic prosperity, immigration, and a newly combative rhetoric. His campaign was mired in controversy — from the Access Hollywood tape where he bragged about groping women to his failure to quickly denounce the KKK — but he appealed to a wide swath of Americans.

Despite doing poorly in the early Iowa caucus, Trump triumphed in a series of primary wins and had a strong performance on Super Tuesday. After becoming the Republican nominee, Trump trailed Hillary Clinton in the polls but ended up victorious on November 8, 2016. He lost the popular vote by more than 2.8 million but won 304 electoral votes to Clinton's 227.

Donald Trump's first presidency

Once in the White House, Trump was quick to issue a slate of executive orders based on his campaign promises, including building a wall on the southern border and implementing his proposed "Muslim ban," which quickly faced legal challenges.

While running for office, Trump promised to repeal the Affordable Care Act, but doing so proved difficult and contentious, so he instead chipped away at the law. He also repealed many Obama-era environmental policies and withdrew from the Paris Climate Agreement because he said it damaged the economy.

Trump took an isolationist approach to foreign policy, imposing tariffs and withdrawing from revising long-standing trade agreements. On the economy, Trump pushed a $1.5 trillion tax cut package through Congress. Regarding the Supreme Court, he appointed three conservative judges and took credit for overturning Roe v. Wade.

By his final years in office, Trump was both president and candidate — he launched his reelection bid in June 2019. The COVID-19 pandemic upended both the election and spelled the end of Trump's presidency. President Joe Biden had accused him throughout the election of ignoring the crisis. Trump came down with COVID-19 himself during the final weeks of the campaign and received treatment at Walter Reed Medical Center.

When election day finally rolled around, Trump eventually lost both the popular and Electoral College votes. The race was extremely close in key states and took days to call. Trump declared victory one day after the election, before all the votes were tallied, and thus inaugurated his months-long campaign contesting the election results.

After leaving office in January 2021, Trump and Melania moved to Mar-a-Lago, where he has lived since leaving the White House.

Donald Trump's various marriages and children

Donald Trump has a marital history marked by various divorces and alleged affairs.

He met his first wife, Czech model Ivana Marie Zelníčková, in 1976 when she was in New York City for a fashion show. The two got married in 1977 and remained a fixture of the city's tabloid scene. They had three children together: Ivanka, Donald Jr., and Eric.

Rumors about Trump having affairs swirled throughout the marriage, including with American actor Marla Maples. Ivana and Trump divorced in 1992.

One year later, Maples had Trump's fourth child, Tiffany. The couple got married two months later but split up in 1999.

Trump's current wife, Melania Trump (née Knauss), is a Slovenian-American former model whom he met in 1998 at a mutual friend's party. The two dated on and off before tying the knot in 2004 at Mar-a-Lago. The star-studded guest list included the Clintons and Billy Joel.

Trump's fifth child, Barron Trump, was born in 2006. When Trump moved into the White House, Melania and Barron waited months before joining him at the residence.

In addition to his five children, Trump has 10 grandkids. The oldest, Kai, has already stepped onto the political scene and even spoke at the 2024 Republican National Convention.

Donald Trump's early life and family

Donald John Trump was born on June 14, 1946, in the Queens borough of New York City. At 78 years old, he was the oldest person to run for president. Compared to other former presidents, Trump has released relatively little information on his physical health.

In November 2023, his personal physician said measures of his physical health were within the normal range but did not provide details about his medication, blood pressure, or cholesterol. Standing at a reported height of 6 feet 3 inches, some have expressed concern about Trump's weight in the past.

His parents, real estate developer Fred Trump and Mary MacLeod, met at a party and got married in 1936. They had five children, with Donald Trump being their fourth. He attended a Presbyterian church as a child but doesn't appear to regularly attend church services.

Fred Trump made much of his fortune in New York City real estate and was the subject of a US Senate investigation related to taking advantage of a federal loan program.

As a teenager, Donald Trump attended New York Military Academy, a private military school. After graduating, he attended Fordham University in the Bronx for two years before eventually switching to the Wharton School of Finance and Economics at the University of Pennsylvania. Trump graduated from Wharton with a bachelor's degree in economics and talks about his time at the prestigious institution often.

Donald Trump's career in business and reality television

After graduating from college, Trump began working for his father and eventually became the president of a collection of family-owned companies that he later turned into the Trump Organization. Throughout the 1970s and 1980s, Trump expanded his father's business and invested in Manhattan hotels. He was buoyed along by financial and social help from his father, whose New York connections ran deep.

In 1983, Trump opened Trump Tower on 56th Street and 5th Avenue, where he later had an apartment. That same decade, Trump started investing in casinos and bought Mar-a-Lago, his resort in Palm Beach, Florida.

The 1990s recession harmed Trump's businesses and he was forced to sell various assets, as well as commit to a personal budget. His luck largely changed by the end of the 1990s, though his casinos continued to struggle.

Trump profited from his name throughout his long business career, selling everything from branded cologne and steaks to putting his name on an online education company. In 2018, The New York Times published a lengthy investigation detailing how Fred Trump funneled money to his son. The outlet reported Donald Trump received the equivalent of $413 million from his dad by the early 2000s. (Trump declined the Times's request for comment on the article at the time; a Trump spokesman at the time said there had been no fraud or tax evasion.)

In 1996, Trump teamed up with NBC to buy the Miss Universe Organization, which encompasses the Miss Universe, Miss USA, and Miss Teen USA beauty pageants. Trump then starred in a reality television show of his own — "The Apprentice." The Emmy-nominated program made him nearly $200 million over 16 years and boosted his image as a self-made billionaire.

Trump's net worth was $3.8 billion as of September 2024, according to Forbes's calculations.

• President Donald Trump ordered the Gulf of Mexico to be renamed the Gulf of America.
• Google has agreed to honor the name change, while Mexico is pushing back.
• Experts say the name change reflects much deeper issues and could have larger implications.

President Donald Trump's decision to rename the Gulf of Mexico is more than just geographical nitpicking — it's a political move that shows how he wants to be perceived by the world, experts in international law and geography say.

The move could cause a headache for Google, which has said it will go with Trump's renaming on its platform, and it has the potential to worsen US-Mexico relations, the experts said.

There's also the issue of whether Trump has the authority to change the internationally agreed-upon name of a body of water to begin with, which is up for debate.

Can the US rename a body of water?

In one sense, countries can call geographic features whatever they want within their own jurisdiction, said Ian Hurd, a political science professor at Northwestern University who researches international law.

"Countries name and rename features in their countries as they wish, and renaming is pretty common especially when a new government wants to differentiate itself from past practices," Hurd told Business Insider.

For example, he said, the Indian government has renamed many of the country's cities to emphasize decolonization or Hindu nationalism, and many Russian place names changed throughout the 20th century.

And outside each country, "there is no formal body to decide on what things are called," Hurd said.

There is a consultive body within the United Nations called the Group of Experts on Geographical Names that encourages international coordination and standardization of cartographic names. But, the group does not have binding authority and countries do not have to follow its recommendations.

While individual states can make their own decisions about what to call a place, that doesn't mean they have the authority to rename an international body of water either, said Matthew Zierler, a political science professor at Michigan State University who studies foreign policy and international law.

"So renaming Denali to McKinley is within the United States' purview, but the Gulf of Mexico is a different issue," Zierler told BI. "Internationally, there have always been differences among countries about what to name specific bodies of water, islands, etc."

"Names reflect culture, history, and identity, so the disagreements between countries on what to refer to a place are real," but the core of the issue, he said, "is political rather than legal."

What the name change means for Google

Following President Trump's executive order to rename the gulf in America's likeness, Google agreed last week to implement the change. In a post on X, Google said it would begin changing the name for US users of its maps once it has been officially entered in the US Geographic Names System, spurring Mexico's president to push back in a letter to the company.

"We have a longstanding practice of applying name changes when they have been updated in official government sources," Google wrote in its X post.

The tech giant said in a follow-up comment that "when official names vary between countries, Maps users see their official local name," and the rest of the world sees both names appear on their map.

Although the name change was handed down by executive order from the president, Google has absolutely no legal requirement to adopt this naming convention, nor does any other private entity, Mark Lemley, a Stanford law professor and longtime tech observer, told Business Insider.

"And indeed," Lemley said, "If they were required to do so, they would be in a difficult position because other countries officially call it different things."

Because Google is not required to follow Trump's name change order, its decision to do so anyway is, in essence, a political one, experts said.

"Google and other mapmakers are not focused on the law. They want to remain in business, and will tend to follow the direction of the countries they are operating in," Zierler said, adding that while this may be confusing to some, "I think it is quite clear to most that names are symbolic."

Historically speaking, Google's decision to abide by Trump's name change is not unprecedented.

"Throughout history, cartographers have often served the interests of the powerful, so it is not surprising to see a company like Google follow suit with these name changes," Reuben Rose-Redwood, a professor of geography and director of the Critical Geographies Research Lab at the University of Victoria, told BI.

Google did not respond to a request for comment from BI.

Implications for the US and its relations with Mexico

Some legal experts said Trump's decision to rename the Gulf of Mexico says a lot about how he wants himself, and the US, to be perceived by the world.

"Most name-changes arise from culture-war politics," Hurd told BI. "Nationalist governments often project an image of power by giving ideologically laden names to places. This appears to be the motivation in Trump's claim to the 'Gulf of America.'"

And that can send an unintended message to the world, Hurd added.

"Changing names is often a sign of weakness by a leader rather than strength," Hurd said. "It reveals their insecurities about their place in the world."

And Trump's "Gulf of America" order does not reflect well on the state of US-Mexico relations, nor on the countries' future rapport, Zierler said.

"The potential for this to be a major dispute between the US and Mexico is real," Zierler told BI.

But the name change itself, he said, "is secondary to other issues the US President has with Mexico over immigration and trade."

Mexico is concerned, as are other countries, about "United States unilateralism and being pushed around," Zierler said. "The naming dispute is emblematic of that."

Mexican President Claudia Sheinbaum isn't thrilled about Trump's order to change the Gulf of Mexico's name or Google's decision to honor it.

In a letter to Google presented on Thursday, Sheinbaum urged Google to reconsider changing the 400-year-old name of the body of water on its maps, Reuters reported.

"[The name change] could only correspond to the 12 nautical miles away from the coastlines of the United States of America," Sheinbaum said in Spanish as she read the letter in a morning press conference, according to Reuters.

Mexico argues the US has no legal right to change the name of the body of water — which borders the US, Mexico, and Cuba — because the United Nations Convention on the Law of the Sea mandates that a country's territory only stretches up to 12 nautical miles out from its coast, Reuters reported.

When Trump floated the name change idea before taking office last month, Sheinbaum responded by joking that parts of North America should be renamed Mexican America, because a world map from 1607 named it as such.

"Why don't we call it América Mexicana? That sounds nice, no?" she said at a press briefing at the time.

As for what Google's top competitor will call the gulf, Apple has not indicated whether it would change the gulf's name in its own maps. The company did not immediately respond to Business Insider's request for comment.

• Mark Zuckerberg has largely said goodbye to his signature hoodies, but one bidder can say hello to them.
• A hoodie custom-made for the Meta CEO has hit the auction block, with a handwritten note from him.
• Zuckerberg wore it several times in 2010, including in one sweaty interview where he was pressed on privacy concerns.

Mark Zuckerberg has shed his iconic hoodies and flip-flops for trendier clothes today. But as the saying goes, one man's trash is another man's treasure.

And so it is that a relic from Zuckerberg's early Facebook days has hit the auction block — and it's none other than one of his famous hoodies.

Julien's Auctions on Monday launched an auction called "Spotlight: History and Technology" that features a black hoodie that was custom-made for Zuckerberg and a note handwritten by the Meta CEO on Facebook stationery.

The note reads, "One of my favorite old-school Facebook hoodies. I wore this all the time in the early days. It even has our original mission statement on the inside lining. Enjoy!"

The logo reads "Making the world open and connected" and the inside lining separately has three arrows running through a circle that read "Graph," "Platform," and "Stream" with the year 2010 at the center.

Zuckerberg wore the hoodie several times in 2010, the item listing says, the same year that the biographical film "The Social Network" came out and that Zuckerberg was named TIME's Person of the Year.

Notably, it appears to be the same style of hoodie Zuckerberg wore in a 2010 interview where he appeared sweaty and nervous when grilled about privacy issues. Asked by tech journalist Kara Swisher, who was interviewing him on stage, if he wanted to take off his hoodie, Zuckerberg did — leading her to notice its lining and ask him about the "weird symbol."

It's also the same hoodie that Zuckerberg gave to a fan last February, the auction house confirmed to BI.

The fan, who goes by Matt Thompson on Threads, said in a post last year that Zuckerberg had posted the hoodie on Facebook Marketplace in honor of Facebook's 20th anniversary; fans were able to bid for free, and Thompson won, he said.

Thompson at the time posted a photo of the hoodie featuring the inside logo along with the handwritten note.

The hoodie is expected to fetch $1,000 to $2,000, according to the item listing, and already had one bid for $1,000 as of Monday afternoon. The auction closes on February 27th at 12 p.m. PT.

It's not the only sartorial symbol of Zuckerberg's to go to auction recently. He donated one of his newfound fashion favorites, a gold-plated chain, to a charity auction organized by his sister last year, and the winning bid was a whopping $40,500.

Besides Zuckerberg's hoodie, Julien's Auctions is also listing a striped bow tie that late Apple founder Steve Jobs wore in photo shoots for the debut of the Macintosh computer in 1984. There's also memorabilia from the Titanic, as well as clothes, photos, and unpublished speeches from former US Presidents John F. Kennedy, Barack Obama, Harry S. Truman, and Dwight D. Eisenhower.

• January was filled with macro tremors and market jitters, but big-name hedge funds were positive.
• Walleye and Balyasny led the way for multistrategy hedge funds.
• Firms like Schonfeld, ExodusPoint, and Millennium were positive in January.

In a rocky month filled with geopolitical tension and artificial intelligence breakthroughs, the biggest names in the $4.5 trillion hedge fund industry still made money.

Walleye, which runs $5.8 billion in its multistrategy fund, led the way with a 3.6% gain in January, a person close to the firm told Business Insider. Larger rivals like $20 billion Balyasny and $12 billion Schonfeld were also up in January, making 2.5% and 2.2%, respectively, people familiar with the managers told Business Insider.

January markets were choppy, thanks to President Donald Trump's trade and immigration policy plans and a breakthrough from Chinese artificial intelligence darling DeepSeek.

The S&P 500 finished the month up 2.7%, but there was a significant sell-off of big-name tech stocks like Nvidia in mid-January. The chipmaker is down more than 10% for the year after a blockbuster 2024, though other tech giants are up for the year, including Facebook parent Meta and Amazon.

Multistrategy funds, which have become LPs' favorite thanks to their ability to handle volatility, were mostly able to shrug off the tech sell-off and macro jitters. While ExodusPoint and Millennium didn't match the monthly returns of the market, the managers made 2% and 0.5% in January, respectively, people close to the firms said.

More firms will be added as returns are learned. The managers declined to comment.

• The most prestigious category at the Grammys is album of the year (AOTY).
• Some of the best albums in history have lost the award to lesser nominees. 
• Recent examples include SZA's "SOS," Beyoncé's "Renaissance," and Olivia Rodrigo's "Sour."

For a ceremony that's designed to honor the most important and impressive people in the music industry, the Grammys give plenty of awards to the wrong artists.

The Recording Academy has been slipping up since 1959 — especially when it comes to album of the year, widely considered the most prestigious category, which has consistently failed to recognize (or even nominate) some of the most beloved releases in history.

The best albums that were nominated and lost in this category are listed below, from most to least recent.

SZA deserved to win the top prize for "SOS."

Year: 2024, at the 66th Grammy Awards

What beat it: "Midnights" by Taylor Swift

Even as a card-carrying Swiftie, I was disappointed to watch Taylor Swift win her fourth album of the year award for an album that doesn't measure up to her best work.

The radio-friendly pop music of "Midnights" pales in comparison to the brutal, sprawling genius that SZA displays on her sophomore album. Despite its late 2022 release date, "SOS" proved to be a peerless force, dominating the musical landscape of 2023 and confirming SZA as "a key voice in her generation" (per Rolling Stone). She received more Grammy nominations than anyone else in 2024, including song and record of the year for "Kill Bill."

Unfortunately, like many essential Black artists, SZA was shut out in major categories. Her wins were confined to genre-specific awards: best progressive R&B album, best R&B song for "Snooze," and best pop duo/group performance for "Ghost In The Machine." 

There is no reason why Beyoncé's "Renaissance" should've lost album of the year.

Year: 2023, at the 65th Grammy Awards

What beat it: "Harry's House" by Harry Styles

Each time Beyoncé failed to win album of the year, it got a little more inexplicable and infuriating.

Her eighth album, the queer-pop masterpiece "Renaissance," was the obvious choice for album of the year in 2023. Instead, it marked her fourth loss in the category.

To make matters worse, the Recording Academy spent a large chunk of the ceremony exalting Beyoncé for becoming the most-decorated person in Grammys history — and patting themselves on the back for allowing it to happen — just to end the night by handing the top award to Harry Styles. And to be clear, "Harry's House" is good, but it's no "Renaissance." It's not even close.

Once again, Beyoncé was triumphant in genre-specific categories — best dance/pop album, best dance/electronic recording for "Break My Soul," best traditional R&B performance for "Plastic Off the Sofa," best R&B song for "Cuff It" — but not in the prestigious general-field races.

Olivia Rodrigo's debut "Sour" was the defining album of 2021.

Year: 2022, at the 64th Grammy Awards

What beat it: "We Are" by Jon Batiste

Olivia Rodrigo stunned the world in 2021 with "Drivers License," her first official single that immediately soared to the top of the Billboard Hot 100.

Rodrigo seemed to arrive on the pop battlefield as a predestined star, brandishing lyrics that could make grown adults cry.

Her debut album "Sour" built upon this power with an array of eloquent heartbreak anthems, from pop-rock bangers to tender piano ballads. The collection was met with universal critical acclaim and commercial success, charting at No. 1 on the Billboard 200 for five nonconsecutive weeks.

At the Grammys, however, "Sour" suffered a shocking loss to Jon Batiste's "We Are." Although Batiste was the most-nominated artist of the evening, few expected his album to take home the top prize. It had failed to crack Billboard's top 50 and made a minimal impact on the year's musical legacy.

Thankfully, Rodrigo did walk away with three awards for her celebrated debut: best pop vocal album, best pop vocal performance for "Drivers License," and best new artist.

"Thank U, Next" is a perfect pop album that Ariana Grande managed to create amid trauma and grief.

Year: 2020, at the 62nd Grammy Awards

What beat it: "When We All Fall Asleep, Where Do We Go?" by Billie Eilish

Just a couple of months after releasing the best album of her career, "Sweetener," Ariana Grande found herself in the midst of multiple personal crises. Her longtime love and ex-boyfriend, Mac Miller, unexpectedly died of an accidental overdose. Shortly after, she broke off her whirlwind engagement to Pete Davidson.

Grande channeled this feverish period of upheaval and grief into one of the most compelling pop albums in recent memory. "Thank U, Next" is filled to the brim with intimate personal details, irresistible hooks, genre-blending beats, and angelic vocal runs. It was written and recorded in just three weeks.

This isn't to say Billie Eilish's debut album isn't a stunning piece of art, or that she isn't deserving of praise. As a teenager, Eilish already cemented herself as a Grammy darling.

But it is to say that 2020 should've been Grande's year. She has proved herself as a once-in-a-generation pop star, infusing her music with brightness and resilience. "Thank U, Next" marked Grande's arrival as a living icon, while Eilish has plenty of growth ahead of her — and even Eilish herself would agree with this assessment.

"Can I just say that I think Ariana deserves this?" she said during her acceptance speech.

Lorde's "Melodrama" is a rich portrait of heartbreak and young adulthood.

Year: 2018, at the 60th Grammy Awards

What beat it: "24K Magic" by Bruno Mars

The so-called "sophomore slump" is extremely difficult to avoid, especially when you're following a trendsetter like "Pure Heroine." But Lorde returned with "Melodrama," a masterfully vivid portrait of a woman in transition and easily one of the decade's best albums.

But "Melodrama" was viciously undervalued at the 2018 Grammys, netting just one nomination for album of the year.

Lorde was the only female artist nominated for album of the year in 2018 (and the only nominee who wasn't asked to perform solo). She ultimately lost to "24K Magic" by Bruno Mars — a catchy, safe album that doesn't come close to Lorde's precocious grandeur.

Beyoncé's "Lemonade" is the product of an icon at her creative peak.

Year: 2017, at the 59th Grammy Awards

What beat it: "25" by Adele

"Lemonade" is a one-of-a-kind album that only Beyoncé could make.

The disrespect she was paid at the 2017 Grammys is one of the great injustices in music history; she also failed to win best pop solo performance for "Hold Up," best rock performance for "Don't Hurt Yourself," best rap/sung performance for "Freedom," and record and song of the year for "Formation."

Even that year's album of the year winner, Adele, said that "Lemonade" should've won. (To make matters worse, it was Beyoncé's third straight loss in that category.)

"I can't possibly accept this award. My artist of my life is Beyoncé. And this album for me, the 'Lemonade' album, was just so monumental," she said onstage. "So well thought-out and so beautiful and soul-bearing and we all got to see another side to you that you don't always let us see, and we appreciate that. And all us artists here, we fucking adore you. You are our light."

Kendrick Lamar's "To Pimp a Butterfly" is one of the best rap albums in history.

Year: 2016, at the 58th Grammy Awards

What beat it: "1989" by Taylor Swift

Although "1989" is a pop gem, its artistry doesn't match Kendrick Lamar's "To Pimp a Butterfly." 

Lamar is widely considered the greatest living rapper, known for impeccable lyricism and prodigious production. But his third studio album also holds an extraordinary amount of cultural significance. As Mark Braboy wrote for Business Insider, it "became the unofficial soundtrack to the Black Lives Matter movement amid a continuing wave of fatal police violence against unarmed black Americans across the country."

To this day, Lamar has yet to win album of the year. Meanwhile, Swift has won more times than anyone else.

Beyoncé's self-titled album changed the fabric of the music industry.

Year: 2015, at the 57th Grammy Awards

What beat it: "Morning Phase" by Beck

When "Beyoncé" unexpectedly arrived on a Thursday night in 2013, it was the definition of game-changing. The concept of a surprise drop or a "visual album" didn't really exist before. Now, everyone wants the magic Beyoncé created that night.

At a time when immersive listening experiences had all but disappeared — streaming had begun to take over, and iPod playlists encouraged fans to bounce from song to song without much thought — Beyoncé offered a collection of 14 songs that were so intentional, so unique, so undeniably flawless that we had no choice but to wrap them around our collective consciousness like a blanket.

Each track on "Beyoncé" was its own moment, but they were inextricably connected, weaving a stronger fabric together. Enter: Beyoncé the storyteller, the big-picture visionary.

And "Morning Phase" is, well, fine.

Beck's win for album of the year read as an overdue apology; the Recording Academy failed to reward his best work from previous decades, like 1996's "Odelay" and 2008's "Modern Guilt." Obviously, it was too late. Giving him the award in 2015, the year of "Beyoncé," was just laughably out of touch. 

At the time, "Red" was Taylor Swift's magnum opus.

Year: 2014, at the 56th Grammy Awards

What beat it: "Random Access Memories" by Daft Punk

In 2014, Swift was already the youngest album of the year winner in history. But her fourth album, "Red," elevated Swift to a new level of success: it spawned her first-ever No. 1 hit on the Billboard Hot 100 ("We Are Never Ever Getting Back Together") while "All Too Well" was hailed by fans as the best song of her career.

"Red" seemed like a shoo-in for Swift's second big win at the Grammys. Instead, fans and critics were shocked when she lost the award to EDM duo Daft Punk.

This misstep has only proved more and more galling as years have passed. In 2019, "Red" topped countless rankings of the decade's best albums, from Stereogum (No. 10) and Billboard (No. 4) to Rolling Stone (No. 4) and, yes, Business Insider (No. 1). "Random Access Memories" failed to crack the top 10 in any of these lists, or it failed to be included at all.

Frank Ocean's debut album "Channel Orange" was an instant classic.

Year: 2013, at the 55th Grammy Awards

What beat it: "Babel" by Mumford & Sons

Frank Ocean didn't produce one of those debut albums that you later recognize, only in retrospect, as the birth of an icon. "Channel Orange" was an instant classic — a tectonic shift in the modern musical landscape. Those young artists that are being hailed these days for "genre-bending," like Billie Eilish and Lil Nas X? Their music wouldn't exist without "Channel Orange."

But the Grammys gave Ocean a consolation prize known as best urban contemporary album (like, what does "urban contemporary" even mean?). "Channel Orange" lost the big award to a much safer, more traditional option: the folk-rock, banjo-heavy sophomore album from Mumford & Sons, which isn't even the band's best work.

"The Fame Monster" secured Lady Gaga's reputation as an avant-pop genius.

Year: 2011, at the 53rd Grammy Awards

What beat it: "The Suburbs" by Arcade Fire

"The Fame Monster" was such a Moment that Pitchfork ranked it as one of the best albums from the 2010s, despite it being released in 2009.

"For something that cast such a long shadow over this decade, we're making an exception," Amy Phillips wrote. "'The Fame Monster's' release kicked off an arms race of pop kookiness: Suddenly, it seemed like everyone from Katy Perry to Nicki Minaj to Kesha was falling all over themselves to out-weird each other. But nobody's freak flag ever flew higher than Gaga's."

Once again, however, the Recording Academy favored a more obvious choice: Arcade Fire's "The Suburbs," an admittedly excellent album, but far more palatable for a voting bloc that's majority male, white, and older.

"Graduation" took Kanye West's career to new heights.

Year: 2008, at the 50th Grammy Awards

What beat it: "River: The Joni Letters" by Herbie Hancock

In 2008, Kanye West had already been nominated for album of the year twice: for "The College Dropout" in 2005 and "Late Registration" in 2006.

But "Graduation" felt like his watershed moment, his career-defining masterpiece (of course, we hadn't yet heard "My Beautiful Dark Twisted Fantasy").

It also seemed like a much easier choice for the Recording Academy to make, even for a group of voters that historically ignores rap and hip-hop. "Graduation" was more commercialized than West's previous works. It was the work of a perfectionist, a sharp student of pop music who craved acclaim, an artist desperate to be recognized as an icon in his own time.

"Graduation" perfectly synthesized the culture in which it was formed, but still had an eye on the future. It had huge stadium bangers, radio hits, sprawling self-examinations, and one particularly poignant self-fulfilling prophecy: "On this day, we become legendary."

And what did this genius piece of work lose to? A... tribute album... of cover songs. OK!

Amy Winehouse won big for her hit song "Rehab," but its parent album "Back to Black" deserved more recognition.

Year: 2008, at the 50th Grammy Awards

What beat it: "River: The Joni Letters" by Herbie Hancock

Grammy voters squandered two chances to get it right in 2008.

"Graduation" was a phenomenal piece of work, but the question of its legacy is divisive for West's fan base. The Mark Ronson-produced "Back to Black," on the other hand, is an undeniable, certified classic — and, in retrospect, Amy Winehouse's last chance to get the recognition she deserved. (She swept the other three main categories that year, and she deserved to sweep all four.)

"The Grammys voting panel could not have known that Herbie would ultimately outlive her and that 'Back to Black' would become her final album," Dee Lockett noted for Vulture. "But they should've known then that while both albums were an homage to the past (Hancock was a Joni Mitchell covers album; Amy's a doo-wop and soul tribute though technically original work), they had different purposes."

"Amy's album proved her a once-in-a-generation talent, but Hancock's only reaffirmed the obvious: He's a legend," Lockett continued. "Except there are quite a few of his albums that do a better job of making that point. Amy would never have another."

Justin Timberlake's "FutureSex/LoveSounds" is the perfect blend of catchy club bangers and experimental art.

Year: 2007, at the 49th Grammy Awards

What beat it: "Taking the Long Way" by The Chicks

Listen, we love The Chicks. But Timbaland really did his thing with "FutureSex/LoveSounds." Justin Timberlake was already a star, but this album made him a legend.

The current landscape of pop music simply wouldn't exist without Timberlake's seminal body of work. With its indulgent interludes, beatbox bridges, futuristic symphonies, twitchy beats, and sing-song rap verses, "FutureSex/LoveSounds" is super weird — too weird for Grammy voters, especially in 2007 — but it's also weirdly perfect. It was somehow both commercially successful and ahead of its time.

"The Emancipation of Mimi" reasserted Mariah Carey as the ultimate pop diva.

Year: 2006, at the 48th Grammy Awards

What beat it: "How to Dismantle an Atomic Bomb" by U2

"The Emancipation of Mimi" is often cited as Mariah Carey's comeback album, following a decade of pop dominance and then two albums that flopped.

Commercial giants are only welcomed back when the new music is undeniably catchy or downright transcendent. This album was both.

"The Emancipation of Mimi" became Carey's highest-selling release in the US in a decade. The Grammys typically like to reward albums that are relevant (it means all the voters have listened to it, at least). The Grammys also like Carey, who won best new artist back in the day. And yet, voters chose to congratulate U2 yet again.

This wasn't even really a case of two near-equal albums going head to head: "How to Dismantle an Atomic Bomb" was less deserving than multiple nominees, including Kanye West's "Late Registration."

As Zach Schonfeld wrote for Newsweek, "Grammy voters love U2, but this one's a stretch. Though commercially successful thanks to 'Vertigo,' 'Atomic Bomb' was the first U2 album that sounded like just another U2 album."

"Acoustic Soul" by India.Arie is "an album of simple beauty from a singer with a sublime vocal talent."

Year: 2002, at the 44th Grammy Awards

What beat it: The soundtrack from "O Brother, Where Art Thou?"

Movie soundtracks are usually considered long-shots for the major Grammy categories, so how did one beat the debut album from one of this century's most talented vocalists?

As BBC's David O'Donnell noted, "Acoustic Soul" by India.Arie received seven nominations but received zero awards, despite how it "broke the mold for female R&B singers at the time."

"It's a piece that blurs the boundaries of the genre and as a result found a diverse audience base from hip-hop to folk fans," O'Donnell wrote. "It's an album of simple beauty from a singer with a sublime vocal talent."

Radiohead's "Kid A" is widely considered one of the best — if not the best — album of the 2000s.

Year: 2001, at the 43rd Grammy Awards

What beat it: "Two Against Nature" by Steely Dan

"Kid A" is one of the most innovative alt-rock albums and profound musical statements in recent memory. Both Rolling Stone and Pitchfork named "Kid A" the No. 1 best album of the 2000s. The Guardian ranked it at No. 2, describing it as "the sound of today, a decade early." (That was in 2009, but it's still an apt description if it were "two decades early.")

By contrast, "Two Against Nature" was thoroughly average. But since it was Steely Dan's first album in 20 years, I guess the voters got overly excited.

Radiohead's "OK Computer" is one of the greatest albums of all time.

Year: 1998, at the 40th Grammy Awards

What beat it: "Time Out of Mind" by Bob Dylan

Radiohead's "OK Computer" was so perceptive it feels prophetic. It was less of an album and more of a crystal ball, peering into our technology-driven future (now present) and empathizing with our emotions before we had even felt them.

"Radiohead appeared to be ahead of the curve, forecasting the paranoia, media-driven insanity, and omnipresent sense of impending doom that's subsequently come to characterize everyday life in the 21st century," Steven Hyden wrote for the AV Club. "Lofty thematic chit-chat aside, 'OK Computer' delivered the goods for a monumental rock record: It sounded miles-deep and ocean-wide, it blew out your brain and re-invigorated your ears, and made lying on your bed with headphones on seem like a profound activity."

"Time Out of Mind" may have been Bob Dylan's best album to date, but it feels downright forgettable compared to "OK Computer" — an album that is literally preserved in the Library of Congress for having significant cultural, historical, or aesthetic impact on society.

"Odelay" by Beck is an oddball rock masterpiece.

Year: 1997, at the 39th Grammy Awards

What beat it: "Falling Into You" by Céline Dion

Céline Dion is a force, but in retrospect, her massively popular album "Falling Into You" is formulaic at best.

It had little lasting impact on the landscape of music and pales in comparison to its album of the year competitors, including the Fugees' "The Score," the Smashing Pumpkins' "Mellon Collie and the Infinite Sadness," and especially Beck's best album "Odelay," which still sounds fresh and innovative to this day.

Was "Odelay's" egregious snub the reason Beck has gone on to win Grammy Awards for inferior projects? We can only speculate.

"Sign o' the Times" is the most outstanding example of Prince's artistry.

Year: 1988, at the 30th Grammy Awards

What beat it: "The Joshua Tree" by U2

"The Joshua Tree" is probably U2's best album, but I think we can all agree that Prince's best album trumps pretty much any other musician's best album almost every time, including U2. 

"Purple Rain" might be Prince's best-known work, but "Sign o' the Times" is his magnum opus. It was even inducted into the Grammy Hall of Fame, nearly 30 years after it was disrespected by that same organization.

It's hard to believe that "Purple Rain," Prince's most beloved album, could lose any award ever.

Year: 1985, at the 27th Grammy Awards

What beat it: "Can't Slow Down" by Lionel Richie

No disrespect to Lionel Richie, but this is "Purple Rain" we're talking about. I rest my case.

Pink Floyd's "The Wall" is the most famous concept album of all time.

Year: 1981, at the 23rd Grammy Awards

What beat it: "Christopher Cross" by Christopher Cross

Not only is "The Wall" a seminal body of work, a self-evident standard that artists still strive to and fail to reach, but it lost to "Christopher Cross." Oh, you don't know who Christopher Cross is? That's OK, neither does anyone else.

If any one ceremony could encapsulate why the Recording Academy can't be trusted, it's this one. Cross became the only artist in Grammys history to win all four major awards in the same night — album of the year, record of the year, song of the year, and best new artist — and remained the only artist to do so for nearly four decades, until Billie Eilish joined the ranks in 2020. He never won another.

"Abbey Road" is the most iconic album from the most iconic band in history.

Year: 1970, at the 12th Grammy Awards

What beat it: "Blood, Sweat & Tears" by Blood, Sweat & Tears

"Blood, Sweat & Tears" is a wonderful jazz-rock album, but that hardly matters when "Abbey Road" is in the running — and, mind-bogglingly, the award wasn't even given to the next-best choice.

As Craig Jenkins wrote for Vulture, "The Recording Academy had one job in 1970, and that was to slide the album of the year trophy to one of the three masterworks of the late '60s."

"'Blood, Sweat & Tears' is great, but 'At San Quentin'? 'Crosby, Stills & Nash'? 'Abbey Road'!? These are epochal records within their respective forms. 'Blood, Sweat & Tears' isn't even the tightest mainstream jazz-fusion album from the same eligibility period. (What's up, 'Chicago Transit Authority'?) Swing and a miss."

For critics and Beatles fans alike, "Revolver" is second only to "Sgt. Pepper" as the band's greatest work.

Year: 1967, at the 9th Grammy Awards

What beat it: "A Man and His Music" by Frank Sinatra

Thankfully, "Sgt. Pepper's Lonely Hearts Club Band" did win album of the year in 1968. But the band's second-greatest work failed to get the same recognition the previous year.

To make it even worse, "Revolver" was only nominated in that singular category, so despite creating an album full of classics — from "Eleanor Rigby" and "Yellow Submarine" to "Got to Get You into My Life" — the band came up completely empty-handed.

• The 2025 Grammys took place at the Crypto.com Arena in California on Sunday.
• The stars were out for music's biggest night.
• Sabrina Carpenter, Taylor Swift, Shaboozey, and Chappell Roan were all spotted mingling.

The 2025 Grammys are officially over, but we'll always have these photos to remind us what a fun night it was for both the viewers and the stars in the room.

The biggest musicians of the moment attended the awards show at the Crypto.com Arena on Sunday, showing off their red-carpet fashion and honoring the best music of 2024.

Trevor Noah was the master of ceremonies for the fifth time in a row and while he can run the show like a well-oiled machine for CBS, some of the most iconic moments of the night happened off-screen.

Take a look at some of the best candid photos from the 2025 Grammy Awards you might have missed.

In what may be the image of the night, Taylor Swift raised a glass to Kendrick Lamar after his record of the year win.

Swift, who collaborated with Lamar originally on "Bad Blood" in 2014, and again in 2023 for "Bad Blood (Taylor's Version)," was spotted dancing and singing along when Lamar won record of the year for his Drake diss "Not Like Us."

Reigning pop girlies Billie Eilish, Sabrina Carpenter, and Chappell Roan posed together.

It was all smiles and hugs for these three, who were up against each other in album of the year, song of the year, and record of the year.

Willow Smith hitched a ride from her dad, Will.

The Oscar winner was at the show to honor Quincy Jones.

Olivia Rodrigo and Louis Partridge snapped a selfie.

Rodrigo and Partridge didn't walk the red carpet together, but they were still one of the best-dressed couples of the evening.

Coco Jones and Queen Latifah also took a selfie together.

Jones was nominated for best R&B performance and best R&B song, while Latifah was on hand to present Alicia Keys with the Dr. Dre Global Impact award.

Shaboozey had a busy evening and talked with many of his fellow musicians. He stopped at Noah Kahan and Kelsea Ballerini's table.

Ballerini and Kahan were nominated for best country duo/group performance, but lost to Miley Cyrus and Beyoncé.

He also met Lady Gaga.

The two shook hands.

And he looked like he was deep in conversation with Chappell Roan.

He lost best new artist to her, but clearly, there are no hard feelings.

Chappell Roan also had quite the busy evening.

In addition to winning best new artist, giving a speech calling out record labels for failing to support their musicians, and bringing the house down with a performance of "Pink Pony Club," Roan also had time to giggle with Sabrina Carpenter.

Taylor Swift was spotted whispering to Roan during the ceremony.

As Roan says, she's "your favorite artist's favorite artist."

Shakira hugged Gloria Estefan.

Estefan, who won best global music performance earlier in the night, was there to introduce Shakira.

Shakira gave Beyoncé a quick hug during her performance while Blue Ivy and Jay-Z looked on.

The two collaborated on 2007's "Beautiful Liar."

Chase Stokes and Kelsea Ballerini continued to be a cute couple.

They've been dating since Ballerini "swan dove" into his Instagram DMs in 2023.

Sabrina Carpenter got a kiss from Taylor Swift.

Carpenter, who won three Grammys this year, received some love from Swift. Carpenter was one of the openers on the Eras Tour.

Alicia Keys and Lena Waithe looked happy to see each other.

Waithe was on hand to support her partner, Cynthia Erivo, who performed as part of the tribute to Quincy Jones.

Keys won a Grammy for best musical theater album — her songs were used in the musical "Hell's Kitchen."

Troye Sivan got a selfie with Charli XCX and George Daniel of The 1975.

"Brat" singer Charli XCX performed a medley of "Von Dutch" and "Guess" at the end of the night. It was announced during the show that all the unused underwear from her performance would be donated.

Doechii had an animated discussion with Jay-Z and Alicia Keys.

Doechii won her first Grammy for best rap album, making her the third woman to ever win the award after Lauryn Hill and Cardi B.

Olivia Rodrigo was living her best life during Janelle Monáe's performance.

Monáe channeled Michael Jackson to perform "Don't Stop 'til You Get Enough" as part of the Quincy Jones tribute. She even moonwalked!

Margaret Qualley and Miley Cyrus posed together.

Qualley attended the ceremony with her husband, Jack Antonoff, who was nominated multiple times. Cyrus presented Kendrick Lamar with record of the year.

Lainey Wilson and Teddy Swims chatted.

Swims was nominated for best new artist.

• I'm a mom of four who loves shopping at Costco using my executive membership.
• My family likes the Kirkland Signature organic Greek yogurt and Costco rotisserie chicken.
• Costco helps me score great deals on my kids' favorite items, like berries and Goldfish crackers.

I started shopping at Costco about eight years ago. Back then, I only had one child, but Costco's price for bulk diapers was reason enough to sign up for an executive membership.

Now that I'm a mom of four, it only made sense to keep renewing that membership year after year. Here's what I buy at Costco to keep my family of six happy and full.

I always grab a rotisserie chicken for dinner on shopping days.

I'm typically exhausted after after grocery shopping, but a delicious rotisserie chicken makes dinner that night easy.

We almost always have enough leftovers for chicken tostadas the next night, and I frequently use the carcass (plus some onions, celery, carrots, and herbs) to make broth in the slow cooker.

Frozen edamame makes a great side dish.

I love making the Imperial Garden frozen edamame as a side dish with dinner. An added bonus is that it's one of the few plants my kids will actually eat.

This big bag is full of smaller portions that go from frozen to ready to eat in just three minutes in the microwave.

It pairs well with the rotisserie chicken, and sometimes, I even eat it as a salty bedtime snack.

Costco's berry selection is colorful and affordable.

My kids love berries, and although I'm happy they reach for a healthy option, the price tag for these fruits can be high.

However, I've found Costco's strawberries, blueberries, raspberries, and blackberries are affordable and delicious.

The whole family enjoys the Kirkland Signature organic Greek yogurt.

Everyone in our house, from my 7-month-old baby to my 34-year-old husband, loves the creamy and delicious Kirkland Signature organic Greek yogurt. It's high in protein, nonfat, and pairs perfectly with the aforementioned berries.

My 6-year-old can't get enough Goldfish.

Costco's large box of Goldfish, which includes three bags of the snack, is the only size that makes sense for my family.

I fill a bin in the snack cabinet with the cheddar crackers and store the extra in our pantry. The bin sees a lot of refills, but this giant box usually lasts us around a month.

The Kirkland Signature protein bars make the perfect grown-up snack.

My husband and I rely on Kirkland Signature protein bars for a macro-friendly snack or breakfast.

They're so delicious that I almost feel like I'm eating a candy bar. Almost.

Kirkland Signature steak strips are another great high-protein option.

I always snag a few bags of the Kirkland Signature dried-beef steak strips.

My husband usually eats these jerky snacks with his lunch, and I often grab a handful on my way out the door for school dismissal. They're quick, easy, delicious, and gluten-free.

Costco has a great selection of nut butter.

Costco has a great selection of nut butter, and I usually find myself buying more than one kind. In an opinionated household of six, everyone has a favorite spread, and they don't often overlap.

I grab almond butter for my husband, natural peanut butter for me, Nutella for my 8-year-old, creamy Jif for my 6-year-old, and crunchy Jif for my 3-year-old.

Costco's New York steaks make for a special date night at home.

It may not come as a surprise, but babysitters aren't exactly lining up at my door to watch my four kids. Instead, my husband and I like to get creative with date nights at home using Costco's beef loin New York steaks.

I can typically find a pack of five for about $50. We usually grill or reverse sear steaks on Friday nights after the kids are in bed.

• It's starting to become clear how Rep. Marjorie Taylor Greene plans to use the DOGE subcommittee.
• She's asking the CEOs of PBS and NPR to testify in a hearing in March.
• Greene says she wants the organizations to justify why they receive public funds.

The House DOGE subcommittee has found its first targets: NPR and PBS.

In letters sent to both media organizations on Monday, Republican Rep. Marjorie Taylor Greene, the chairwoman of the House Oversight Subcommittee on Delivering on Government Efficiency, requested that their CEOs testify in a hearing on March 3 or 24.

In the letters, the Georgia congresswoman accused both NPR and PBS of producing "systemically biased" content, pointing to NPR's handling of the Hunter Biden laptop story and PBS's reporting on a gesture that Elon Musk made at an Inauguration Day event.

"As an organization that receives federal funds through its member stations, PBS should provide reporting that serves the entire public, not just a narrow slice of like-minded individuals and ideological interest groups," Greene wrote.

In a statement on Monday, NPR said that the organization would "welcome the opportunity to discuss the critical role of public media in delivering impartial, fact-based news and reporting to the American public."

A spokesperson for PBS also said they "appreciate the opportunity to present to the committee how now, more than ever, the service PBS provides matters for our nation."

NPR says it receives less than 1% of its annual budget from the federal government on average. PBS, meanwhile, says it gets 15% of its revenue from the government.

Separately, the chair of the Federal Communications Commission, Brendan Carr, launched an investigation into NPR and PBS over sponsorships.

The DOGE subcommittee, while intended to pursue similar goals to Musk's DOGE team in the executive branch, is a separate entity — and it's likely to be a forum for televised clashes between Democrats and Republicans over the federal government.

• The 67th annual Grammy Awards took place in Los Angeles on Sunday.
• Nominees like Sabrina Carpenter, Chappell Roan, and Doechii delivered standout performances.
• Others, including Billie Eilish, Benson Boone, and Teddy Swims, were underwhelming.

The 67th annual Grammy Awards proved to be a landmark evening for music industry veterans like Beyoncé and Kendrick Lamar, who swept the three biggest categories, as well as rising stars like Sabrina Carpenter, Chappell Roan, and Doechii, each of whom took the stage to perform before taking home a prize.

The standout moments at Sunday's ceremony shone a spotlight on fresh talent and big personalities in the industry. However, they were somewhat offset by a handful of uninspired sets.

Keep reading for a rundown of the best and worst performances, according to Business Insider's senior music reporter.

Sabrina Carpenter showcased her hits, humor, and charm.

Sabrina Carpenter was nominated for each of the "Big Four" awards for her masterful pop album "Short n' Sweet," plus best pop vocal album and best pop solo performance for "Espresso," both of which she won.

Thankfully, the Grammys gave Carpenter enough time onstage to honor her breakthrough into pop royalty after years of cutting her teeth at Disney Channel, training for Broadway, and perfecting her goofy-yet-sexy onstage persona.

Carpenter showcased the full range of her skillset with a Lucille Ball-esque performance, complete with comedic bits and costumes, a jazzy blend of "Espresso" and "Please Please Please," and even a tap-dance break.

Chappell Roan proved why she deserved to win best new artist.

Chappell Roan made headlines throughout 2024 for drawing massive crowds at festivals like Coachella and Lollapalooza. As she proved once again on the Grammy stage, Roan is a born entertainer with the creative vision, showmanship, and soaring falsetto to match.

Rather than sticking with the obvious choice and singing her breakout hit "Good Luck, Babe!" — nominated for both record and song of the year — Roan smartly opted to perform her gay-awakening anthem "Pink Pony Club" to honor her love of Los Angeles.

Shortly after, Roan returned to the stage to accept the award for best new artist, where she boldly took the music industry to task; Roan dedicated her speech to demanding higher wages and better worker protections for herself and her peers. You just can't teach stage presence like hers.

Doechii is quickly becoming one of the industry's buzziest performers.

Delivering eccentric choreography in head-to-toe Thom Browne, Doechii had the Grammy crowd buzzing with her medley of "Catfish" and "Denial Is a River," both standout tracks from her latest mixtape "Alligator Bites Never Heal."

The self-described "Swamp Princess" also became the third woman in Grammy history to win best rap album, following Lauryn Hill and Cardi B.

Raye boasted the most impressive vocal performance of the night.

Raye, who was nominated for best new artist and songwriter of the year, non-classical, executed a show-stopping rendition of her single "Oscar-Winning Tears" — hitting high notes and nailing vocal runs with a poise that brought to mind early Adele.

As the ceremony dragged on, Charli XCX delivered a much-needed energy boost.

Charli XCX was one of the most-nominated artists at the Grammys this year and one of the evening's final performers. Thankfully, the old cliché of "saving the best for last" applies here.

Charli kickstarted her "Brat" medley with "Von Dutch," strutting around the arena's parking garage while flanked by a crowd of partygoers and hot girls, including supermodel Alex Consani and internet "It Girl" Gabbriette Bechtel.

By the time Charli and her entourage arrived onstage, it felt like the whole crowd was on their feet. Even Taylor Swift, the apparent source of envy that Charli sings about in "Sympathy Is a Knife," was jumping around with a champagne bottle in her hand.

Charli capped the performance with "Guess," her hit collaboration with Billie Eilish, while panties and undergarments rained from the ceiling. It was hard not to feel jealous of the cool kids on that stage — which was, of course, exactly what Charli was going for.

On the other hand, Billie Eilish was uncharacteristically boring.

Ever since Billie Eilish's landmark year in 2020, when she swept all four general-field categories, she has been a reliable highlight at the Grammys. But on Sunday, her static rendition of "Birds of a Feather" was surprisingly forgettable.

In contrast with her previous Grammy performances of "When the Party's Over" and "Happier Than Ever," Eilish supplied muddled vocals and subdued energy levels that failed to do the fan-favorite song justice.

Benson Boone didn't offer anything fresh.

How many times do we need to watch Benson Boone follow this exact blueprint?

"Beautiful Things" may have been his breakout hit, but it's a cookie-cutter pop song that doesn't need yet another televised performance — especially not if Boone insists on recycling every detail for every one, from the all-too-faithful instrumentation to the onstage backflip and the sparkly jumpsuits stolen directly from Harry Styles' playbook.

Teddy Swims also performed the same old song in the same old way.

Teddy Swims had one of the biggest hits of 2024 with "Lose Control," a soulful ballad that spent months climbing the charts. Based on his live performances over the past year, it might be fair to assume that Swims doesn't know any other songs.

Swims delivered exactly what was expected of him and nothing more, a strategy that felt especially dull immediately following Doechii's dynamic performance.

To paraphrase the Recording Academy's former president, maybe the male nominees need to step up their game next year.

• My favorite chili recipe isn't from a celebrity chef but a random recipe my boyfriend found online.
• "Best Damn Chili" by Danny Jaye on Allrecipes has become one of my favorite winter dishes. 
• It's hearty, comforting, and perfect for a chilly night — or Super Bowl Sunday. 

When searching for a new dish to make, I usually stick to the pros, like Ina Garten, Gordon Ramsay, or my dad (no, seriously, try his Greek lasagna).

But there are plenty of fantastic recipes online if you know how to find them, and "Best Damn Chili" is definitely one of them.

Written by Danny Jaye and posted by Allrecipes, this chili has become one of my favorite winter dishes. My boyfriend and I have made it numerous times, adding our own tweaks and special touches to make it even more comforting.

And you can whip it up just in time for Super Bowl Sunday.

I love making the Best Damn Chili with tons of veggies.

To make the Best Damn Chili at home, you'll need:

• 2.5 pounds lean ground beef
• 1 yellow onion, chopped
• 1 red bell pepper, chopped
• 1 orange bell pepper, chopped (optional)
• 1 yellow bell pepper, chopped (optional)
• 1 summer squash (optional)
• 1-2 cups cremini mushrooms (optional)
• ½ purple cabbage (optional)
• 4 garlic cloves, minced
• 2 beef bouillon cubes
• 1 28-ounce can crushed San Marzano tomatoes
• 2 16-ounce cans dark red kidney beans
• 1 14.5-ounce can fire-roasted diced tomatoes
• 1 12-ounce can tomato paste
• 1 12-ounce can or bottle of light beer
• 1 cup sour cream, plus extra for serving
• ½ cup white wine
• ¼ cup Worcestershire sauce
• Green onions or cilantro, for serving
• Mexican-blend cheese, for serving (optional)

Here are all the seasonings you'll need:

• 2 tablespoons chili powder
• 2 tablespoons ground cumin
• 1 tablespoon brown sugar
• 2 ½ teaspoons dried basil
• 1 ½ teaspoons smoked paprika
• 1 teaspoon salt
• ½ teaspoon dried oregano
• ½ teaspoon ground black pepper
• 1 pinch garlic powder

If you want to make your chili spicy, you can also add:

• 2 red jalapeño peppers, chopped
• 1 Anaheim chile pepper, chopped
• 1 tablespoon chipotle pepper sauce

Most of the work in a chili is just chopping veggies. And we add quite a lot of them to the Best Damn Chili.

My boyfriend Peter and I always love to pack our chili with tons of veggies, so we added a few extra to the original recipe (which I noted with "optional" in the ingredient list). You can also switch things up and just use whatever you have in the fridge.

If you don't want to do a lot of prep, you can always stick to just the onion, garlic, and red bell pepper. I think all the extra vegetables are worth the work — they make this chili super hearty, flavorful, and comforting. Plus, the chopping goes by way quicker if you've got the help of a loved one, a good friend, or a great playlist.

Then, just dump all your hard work into a big pot.

First, add four tablespoons of olive oil to your pot, which should be placed over medium heat.

Then, throw in the onion, bell peppers, garlic, and whatever extra vegetables you decide to use. If you're going the spicy route, this is also when you should add the Anaheim and jalapeño peppers.

As the veggies begin to soften, start cooking the meat.

Add olive oil to a large skillet placed over medium-high heat. Throw in the beef and let it cook, stirring occasionally, until the meat has browned. This step should take around five to seven minutes.

Once the meat has browned, add the Worcestershire sauce and garlic powder.

During this step, you'll also want to crumble the two beef bouillon cubes over the meat.

Then, throw in the beer.

Keep cooking the beef, scraping the bottom of the skillet with your wooden spoon or rubber spatula until the beer becomes hot. This will take around three minutes.

Add your beef to the pot full of veggies.

At this point, your kitchen will already smell amazing.

Then, throw in all the tomato products.

Give everything a good stir after you add the crushed San Marzano tomatoes, the fire-roasted diced tomatoes, and the tomato paste.

Now, it's time for the wine and seasonings.

After adding the white wine, season everything with the chili powder, cumin, brown sugar, basil, paprika, oregano, salt, and black pepper. If you're using the pepper sauce, throw that in as well.

Then, add your kidney beans and bring your pot to a boil before letting it simmer.

The original recipe recommends adding the kidney beans after you've allowed your chili to simmer, but I've misread the instructions before and thrown them in early. Either way, it still tastes fantastic.

After your chili has come to a boil, reduce the heat to medium-low. Cover the pot and let it simmer.

You should let your chili simmer for at least 90 minutes, but we usually let it simmer much longer.

I love simmering chili on the stove all day, allowing it to develop and thicken. The vegetables still maintain their delicious texture, staying tender rather than mushy, and the overall flavor is incredible — and so worth the wait.

If you opt to add your kidney beans after the initial simmer, the original recipe recommends letting the chili simmer for an additional 30 minutes (which allows the beans to get hot) before serving.

Top the chili with sour cream and some green onions or cilantro, and enjoy.

The Best Damn Chili is just so rich, hearty, and comforting. The deep, delicious flavor that comes from allowing it to simmer all day is memorable, and all the different veggies work together so beautifully. The dollop of sour cream on top infuses the chili with a nice brightness and tang, and I love the color and crunch the green onions add. We've made this recipe every season of the year, and the Best Damn Chili always hits no matter the temperature.

Plus, even if you go back for seconds, this recipe provides enough leftovers for an entire week of dinners. My boyfriend and I often pack up some leftover chili for our friends, who are also huge fans.

Just beware if you make this for a Super Bowl Sunday party — there won't be a spoonful left by the final touchdown.

• We allow our 10-year-old to go places on his own.
• He bikes alone to the library, a place that says that kids under 10 need to be present with an adult.
• It all started during the pandemic, but we agreed with other parents to let it keep happening.

Sure, turning 21 has its benefits, and so does 18. But 10 is the first magic number in our family.

When my son turned 10 in 2024, he entered a new measure of independence. He is now welcome to go on his own to places that had previously required a grownup to accompany him.

He drops in at the local YMCA, where he and his friends of age can swim, play basketball, or participate in board games, pool, or foosball (and eat snacks) in the "teen center." A voracious reader, he can bike to the town library, which asks that adults supervise children under 10. He and his best friend have permission to walk to the video game arcade that recently opened in the center of our town.

It helps that Northampton is small — about 30,000 people — and largely accessible on foot or bike from our house. School, the Y, the library, and the arcade are all less than a mile away.

We agreed with other parents to let our kids roam

Visiting those places without a parent is the latest development in what I call "Not Knowing Where Our Kids Are Every Second," a very informal arrangement among some of my eldest son's friends' families.

Allowing our children a measure of independence is our conscious but unfussy contrast with the helicopter parenting approach that became so prevalent between when we were young, in the 1980s and early '90s, and now. Research backs us up — a 2018 study showed that children of parents who hover over their every activity are more prone to anxiety, depression, and low self-esteem.

Also, under surveillance parenting, children take longer to learn how to do for themselves. With five colleges and universities nearby, the Northampton area is home to professors, including my wife, with plenty of stories about students whose parents try to intercede on their kids' behalf, from picking their classes to complaining directly to professors, or even the administration, about a low grade. It makes me wonder how or if those newly minted adults manage to do their own laundry without multiple phone calls home.

It all started during the pandemic

Our journey into independence began, counterintuitively, during the pandemic.

School in the fall of 2020 was limited to classes on Zoom, a wholly ineffective way to engage with 5- and 6-year-olds. A handful of families in our neighborhood formed a pod and had the good fortune to find a teacher with a nature kindergarten background. Our kids spent the vast majority of their time that fall and winter outside, riding their bikes like a gaggle of two-wheeled geese and learning how to handle themselves, with gentle supervision, as they explored the world around them.

These days, as fourth-graders, they're free to range back and forth to each other's houses. That's how they've been spending afternoons over the past few months.

Instead of participating in structured (and not inexpensive) after-school activities, they interact on the playground or entertain themselves at one of our houses, as long as a parent is present. Many of us work at home, so someone is generally around.

Though we tend to have a rough idea of where they are when they're out in the world and when they'll be home, we're happy to leave the rest up to them. Most of them have other activities, too, like sports or music lessons. But when they have free time, they're old enough now to figure out how they want to spend it, without the grown-ups arranging every detail in advance.

I want my kids to have age-appropriate independence

We parents are here to answer questions, offer guidance, and assuage doubts — that's part of our job. But giving my kids the latitude to make their own decisions when the stakes are low is how they will learn to make good decisions when it matters. It's part of how they'll develop the confidence to advocate for themselves and to manage social and academic demands as they grow up.

Ultimately, offering them an age-appropriate sense of independence now is how they will learn to run their own lives in a way that has taken 10 years longer for kids 10 years older than they are.

In my house, at least, the kids are even folding their own laundry.

• I'm a chef with experience picking and preparing the best cuts of meat for almost any steak dish.
• Filet mignon pairs well with many flavors, but it's crucial to not overcook this cut of meat.
• The tri-tip sirloin and flank steak can be great for grilling and should be cut against the grain.

The sheer number of steak options at a grocery store can be overwhelming, with a myriad of available cuts at a variety of price ranges.

When it comes to selecting a steak, it's important to remember that fat equals flavor. Some cuts have a lot of marbling, or fat, woven throughout the piece of meat. A fat cap, which is a thick outer layer on the meat, also adds flavor to different cuts.

Here's how I cook different cuts of meat for the best steak.

Filet mignon plays well with a multitude of flavors

Filet mignon is one of the most expensive cuts on the menu because it plays well with so many other flavors.

Sear this steak in oil with some salt and pepper, being careful not to cook above medium, and add any sauce you prefer.

Anything fat-forward, such as browned butter and sage, a béarnaise sauce, or a red-wine reduction with cold butter, would taste great. Wrapping the filet in bacon also adds flavor and fat. 

The T-bone is two cuts in one

This cut is actually two steaks — the New York strip and the filet mignon — separated by a bone.

With the combination of the full, meaty flavor of the strip and the tender filet, I recommend cooking this cut over high heat with just salt and pepper.

Any brown butter or steak sauce would pair well and offset the flavor profile.

The Tomahawk can take longer to cook, but it's worth it

With a fat cap and at least 5 inches of rib bone extending from the meat, the Tomahawk is actually a rib-eye or cote de boeuf.

The extra 5 inches of bone can be cleaned of excess meat and then cooked over medium-high heat.

This cut is often aged before selling and can take a bit longer to cook than its thinner counterparts, but I think the extra effort is worth it.

Flank steak is perfect for marinating

To make a great flank steak, marinate it and do not overcook it. 

Cook the steak in a pan or on a grill to medium-rare to ensure the most tenderness and get those juices flowing.

You should let your steak rest for a few minutes before slicing it against the grain. If you're cooking it in a skillet, use the marinade for a quick pan sauce. 

Grill and slice the tri-tip sirloin steak against the grain

The trip-tip is cut from the bottom of the sirloin and is shaped like a triangle.

It's perfect for marinating and grilling but should be cooked to medium and sliced against the grain to be truly enjoyed.

The flat iron is very versatile

This newer cut, also known as blade steak or top blade, is found on the shoulder of a cow and is incredibly versatile.

The flat iron is one of the most tender cuts of meat because of its great marbling and also boasts a bold flavor at a lower price point than other cuts.

Treat this steak like a New York strip and cook at high heat until the outside is seared and the inside is medium-rare to medium for best results. Season with salt and pepper, or add a spice rub for a little kick.

This story was originally published on February 21, 2022, and most recently updated on February 3, 2025.

• Leading researcher Meredith Whitney shared the trends she has her eye on this year.
• Consumer spending could surge, sparking a rebound for beaten-down retailers.
• In real-estate, a key trend that Whitney had highlighted is now no longer likely.

Nearly two decades after her prescient warnings about the financial crisis, Meredith Whitney remains one of the more widely followed research analysts in markets.

Although no one's calls are always correct, Whitney is known for bold, outside-the-box thinking that gets gears turning — like why young people could get a leg up in the housing market, or why remote workers secretly working two jobs were at risk of getting caught.

Business Insider recently caught up with the "Oracle of Wall Street," who shared in an interview the three under-the-radar economic trends she's watching most closely in 2025.

1. Consumer spending reaccelerates

After countless hours of studying the US economy, Whitney's highest-conviction call this year is that consumer spending will strengthen across income strata and keep growth humming.

"The takeaways are clearly that consumer spending strength is going to broaden this year, so that means it will accelerate," Whitney said.

In recent years, Whitney's research suggests that spending has been disproportionately driven by higher-income consumers and the mid-20s to late-30s cohort, whom she affectionately calls "avocado toasters." Whitney noted last May that their young people's spending far exceeds that of baby boomers, and she now estimates their discretionary spending is five to six times higher.

Contrary to what some might suggest, these whippersnappers may not be being irresponsible. Instead, Gen Zers and millennials have been largely shut out of the housing market due to high mortgage rates and may be making up for it with retail therapy — or simply because they can.

"The avocado toasters who don't own homes — this is the 24- to 38-year-olds who don't own homes — have more discretionary spend, because it's gotten so expensive over the last three years to own a home with rising homeowners' insurance, property taxes, homeowners' association fees," Whitney said.

Besides being unburdened by expensive mortgage payments, many young people are finding creative ways to team up and save money. Whitney pointed out that password sharing is the norm for younger generations, and even those who don't snag log-ins for streaming services or YouTube TV can stay on their parents' phone plans for $10 a month instead of $50 or more.

Other consumers are in a much different spot. Lower-income consumers have felt the highest inflation in a generation most acutely. In fact, Whitney said last spring that households making between $50,000 and $70,000 a year could only afford to save 0.3% of their post-tax income.

"What has been clear is that the 52% that have been living paycheck to paycheck — over 50% of the households — are really struggling," Whitney said.

Consumers could make a financial comeback this year if inflation fades and interest rates inch down, Whitney said. And while some economic observers are anxious that Trump's tariffs could cause prices to reaccelerate, Whitney didn't cite that as a major near-term risk.

2. Dollar-store sales boom

A long-awaited rebound for consumers, including those in the lower-income bracket, could spark a turnaround for beleaguered dollar stores and other struggling retailers, Whitney said.

"The dollar stores and all the discounters — and I'll throw Target into the mix; it's neither — will have a great 2025 and beyond," Whitney said. "They've been beat up for a number of reasons, but one of them has been that their primary customer really had a hard landing after COVID stimulus checks ended."

As Whitney noted, pandemic-era government aid and inflation were major tailwinds for dollar stores. Consumers of all income types flocked to Dollar Tree and Dollar General for their rock-bottom prices, pushing their shares to record levels. Dollar Tree's stock even doubled in the five months from late September 2021 to mid-April 2022.

But ever since, Dollar Tree and Dollar General have been dead money, with shares down 57% and 72%, respectively, from all-time highs. Inflation has become a major headwind by eating into profits on dirt-cheap products. Dollar Tree's earnings have been hammered, and Dollar General's operating income growth has been negative for seven straight quarters.

Dollar Tree and Dollar General's standing among investors went from bad to worse early last fall after alarming earnings reports. Both companies lost about a third of their market value as they slashed full-year guidance, blaming consumer spending weakness among income cohorts.

Whitney said she became bullish about dollar stores shortly after, and it's not because she was bargain-hunting. Instead, her research indicates that consumers may get more breathing room.

Since last summer, Whitney said property owners have increasingly taken out lines of credit from their home equity, which is a relatively cheap way to borrow money. Consumers can take this cash and use it to pay down their credit-card statement and other costlier bills, she added. Armed with money in their pocket and lower card balances, households can spend more freely.

"What I expected was this to have almost like a trickle-down effect," Whitney said. "It's happened a lot faster than I would've thought. So if you look at the same-store sales year on year, they've already picked up dramatically with the dollar stores and with Target. And when the retailers report, I think the investors will be surprised by how strong the results are."

3. Older homeowners stay in place

Whitney's most surprising take is one that's the opposite of what she believed a year ago.

The Oracle of Wall Street had spoken for years about a so-called "silver tsunami," reasoning that older homeowners would flood the housing market by listing their homes en masse. This would send property values plunging and allow younger buyers to swoop in at steep discounts.

But after examining more data, Whitney recently said that her theory is no longer likely.

Although the US population is still steadily aging, the researcher now expects older people to "age in place" instead of moving to ranchers, retirement communities, or nursing homes, which can be very expensive. Only about one in eight seniors can afford assisted living without tapping into their assets, Whitney noted, citing a 2023 Harvard study on housing older adults in the US.

Her change of mind comes as older property owners are seemingly deciding not to move. Instead, seniors are taking out lines of credit to renovate their homes. That could mean putting bedrooms in on the ground floor, adding walk-in tubs, or installing movable stairs, Whitney said.

If grandpas and grandmas across the country stay put, there will be fewer houses for younger buyers to choose from. That could be disastrous, if new home inventory wasn't rising like it is.

"Their best chance of owning a home is with new homes — not existing," Whitney said of younger homebuyers.

Millennials and Gen-Zers might not get the revenge over owners that Whitney thought was possible last year, but they'll likely be better off than in the least affordable market of their lives.