Add olive oil to large pot

Add ground beef, cook until browned

Once meat is brown, add chili powder, ground cumin, sugar, tomato paste, garlic powder, salt, and pepper and mix together into the meat

Add diced tomatoes, beans, beef broth, and tomato sauce and stir until mixed

Simmer for 20-25 minutes

Let rest for 5 minutes before serving

Add shredded cheese, sour cream, and/or crackers as desired