In a large stockpot, add the olive oil, chopped pepper, and diced onions. Sauté over medium heat for 5-8 minutes until onions are translucent and peppers soften.
Add the cumin, chili powder, oregano, cinnamon, cayenne pepper, and salt. Stir for a minute or two; this allows the spices to “bloom”.
Add the ground chuck to the pot and, using a wooden spoon or similar, break apart the beef and combine with the vegetables and spices.
Continue to cook the beef for 10-15 minutes, stirring occasionally. There should be natural liquid released from the ground beef as it simmers.
Add the drained and rinsed black beans to the meat and fold to combine.
Add the fire-roasted tomatoes to the pot and stir to combine all ingredients.
Once the pot of chili comes to a simmer, reduce the heat to low and bring to a low simmer for 90 minutes. Stirring occasionally and adjusting the heat as needed. Low and slow is the perfect temperature for chili.
Serve with your favorite chili toppings.