↑ Business news Broadcom beats on earnings and revenue, says AI chip sales will double in current quarter - Broadcom stock is near an all-time high and has climbed 75% so far in 2025.Musk says SpaceX report of 2026 IPO is 'accurate' - Elon Musk ally Jared Isaacman looks set to be confirmed as the new NASA administrator after President Donald Trump renominated him for the role.Trump willing to seize more oil tankers off Venezuela coast, White House official says - The Trump administration has launched a major military buildup in the Caribbean as it escalates pressure on President Nicolás Maduro. The case for more Fed rate cuts could rest on a 'systemic overcount' of jobs numbers - There are indications that policymakers will be more inclined to cut further if the labor market stays weak. Home prices go negative for the first time in over 2 years — and may stay that way for a while - Home prices have not gone negative since mid-2023, a year after the Federal Reserve first brought rates up from zero, and mortgage rates moved sharply higher.Rivian announces new AI tech, in-house chip and robotaxi ambitions - The company has also developed AI models to power its Autonomy+ subscription, which it intends to roll out early next year for $2,500 upfront or $49.99 a month.Disney making $1 billion investment in OpenAI, will allow characters on Sora AI video generator - TechDisney making $1 billion investment in OpenAI, will allow characters on Sora AI video generatorPublished Thu, Dec 11 20259:02 AM ESTUpdated 4 Min AgoAshley Bessent to propose major overhaul of regulatory body created from financial crisis - EconomyBessent to propose major overhaul of regulatory body created from financial crisisPublished Thu, Dec 11 20258:00 AM ESTSteve Liesman@steveliesmanJeff CoxEli Lilly's next-generation obesity drug delivers strong weight loss, reduces knee pain in late-stage trial - The drugmaker is betting big on retatrutide as the next pillar of its obesity portfolio after its weight loss injection Zepbound and its upcoming pill. Russia's charm offensive on Trump leaves Europe scrambling to win him back - Russia has tried to make the most of the White House's national security strategy and President Trump's criticism of Europe and Ukraine's leadership of late.