Author: troyashbacher

AI semiconductor revenue at Broadcom could double this quarter after seeing 74% growth in the latest period.

American Airlines has been on a premium push, rolling out new planes with more business and premium economy seats.Earlier in 2025, the airline started flying its Boeing 787-9P aircraft (yes, the “P” is for premium). Soon, it will be the first U.S. carrier to fly the Airbus A321XLR.The A321XLR is a single-aisle jet with extra-long range (hence, XLR), capable of transatlantic flights. Because it’s a smaller plane, airlines can justify flying it to less-visited locales, such as secondary cities in Europe and South America that U.S. airlines have traditionally overlooked in favor of more popular tourist destinations. (Photo by Benjamin…

Last Updated: Dec. 11, 2025 at 6:40 p.m. ETFirst Published: Dec. 11, 2025 at 4:56 p.m. ETCostco Wholesale late Thursday reported better-than-expected profits for its latest quarter, even as sales barely rose above Wall Street’s expectations, as shoppers flocked to its warehouses to shop for pizzas and pies and to score Black Friday bargains.Costco COST said its fiscal first-quarter sales rose 8% to $65.98 billion, from $60.99 billion in the year-ago quarter. Including membership fees, Costco reported revenue of $67.3 billion, just above Wall Street’s expectations of $67.14 billion.

Courtney Neidel writes for NerdWallet. Email: courtney@nerdwallet.com. Twitter: @CourtneyNerd. The article Bright Bulbs, Low Bills: How to Cut Christmas Electric Costs originally appeared on NerdWallet.

The new version of ChatGPT, based on GPT-5.2, shows “OpenAI is back on top of the benchmarks.”

Last week, the Centers for Medicare & Medicaid Services (CMS) repealed staffing requirements established in a 2024 rule. The rule would have required nursing homes to be staffed to a minimum level of 3.48 hours per resident day, divided among various categories, and to have a registered nurse 24 hours per day, 7 days per week. Nursing homes were given several years to bring their staffing into compliance. Critically, these guardrails were intended to be a floor. As CMS stated at the time, many facilities would likely need to go beyond them to ensure patient safety. Many facilities would likely need…

The One Big Beautiful Bill Act (OBBBA) made significant improvements in the taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. code’s treatment of capital investment. The law made expensing of short-lived assets and domestic research and development permanent, eliminating the tax penalty for capital investment while promoting economic growth. Despite this, OBBBA also maintains and expands parts of the US tax code that add complexity and distort economic activity. Among them is Section 1202 of the Internal Revenue…

Renovation work continues on the Marriner S. Eccles Federal Reserve Board Building, the main offices of the Board of Governors of the Federal Reserve System on December 9, 2025 in Washington, DC. Andrew Harnik | Getty Images News | Getty ImagesThe Federal Reserve on Thursday reappointed 11 of its 12 regional bank presidents, ending a mini-drama at the central bank in a move that came a bit earlier than usual.By unanimous vote, the seven governors kept in place a cast of officials that also includes first vice presidents at the branches that extend across the country. The group of presidents…

Earlier today, the Senate rejected legislation to extend the expiring Affordable Care Act (ACA) tax subsidies for three years. Despite Republican Senators Susan Collins (ME), Josh Hawley (MO), Lisa Murkowski (AK), and Dan Sullivan (AK) joining Democrats in support of the measure, it failed 51-48, well short of the 60-vote procedural threshold. Senators also blocked a GOP-backed health care bill that sought to expand health savings accounts rather than extend the tax credit enhancements. Senators also blocked a GOP-backed health care bill that sought to expand health savings accounts rather than extend the tax credit enhancements. That bill also included…

(Image credit: Getty Images)The Dow Jones Industrial Average inched up at Thursday’s opening bell and rallied throughout the trading session to set a new all-time closing high as the prospect of lower borrowing costs boosted sectors beyond technology and the AI spending boom. It was a different story for the Nasdaq Composite and the S&P 500.Visa (V, +6.1%) led 22 of the 30 Dow Jones stocks into positive territory after BofA Securities upgraded it to Buy from Neutral and reiterated a $382 12-month target price, potential upside of more than 10% vs Thursday’s closing price.At the other end of the…