Things To Do In SW Florida

By STAN CHOE, AP Business Writer

NEW YORK (AP) — U.S. stocks are drifting on Tuesday as Wall Street waits to hear what the Federal Reserve will say on Wednesday about where interest rates are heading.

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The S&P 500 rose 0.1%, coming off just its second loss in the last 11 days, and pulled closer to its all-time high set in October. The Dow Jones Industrial Average was down 89 points, or 0.2%, as of 12:49 p.m. Eastern time, and the Nasdaq composite was 0.2% higher.

Exxon Mobil was one of the strongest forces lifting the market. It climbed 2.5% after increasing its forecast for profit over the next five years, thanks in part to strength for its fields in the Permian basin in the United States and off Guyana’s shore. read more

MARGARET GILES and CHRISTINE BENZ of Morningstar

As 2025 winds down, here are some moves to help you finish the year strong financially. Morningstar’s director of personal finance and retirement planning, Christine Benz, discusses strategies.

This interview has been edited for length and clarity.

Benefits of Rebalancing Your Portfolio

Q: What are the benefits of portfolio rebalancing, and who most needs to do it?

A: The main benefit of rebalancing is risk reduction. You trim securities that have performed really well, presumably ones with higher valuations today. And you redirect the money into securities where returns have lagged, but valuations might be more attractive. It’s also important to rebalance on an ongoing basis as you get closer to your spending target.

As retirement approaches, we need to spend that money, so you want to de-risk your portfolio and build safer asset reserves. Investors age 50 and above really need to take notice of rebalancing. It’s time to take some winnings and build safer assets that you could access if you needed to spend from your portfolio. Moving money into high-quality bonds removes risk and takes advantage of current attractive yields. read more

SpaceX sent up its second launch in less than 24 hours on the Space Coast on Tuesday afternoon, while also bringing home its booster for the last time on a landing zone it has been leasing for the last 10 years.

Liftoff! pic.twitter.com/4iQmX6dSF8

— SpaceX (@SpaceX) December 9, 2025

A Falcon 9 rocket lifted off on the NROL-77 mission with a classified satellite for the National Reconnaissance Office from Cape Canaveral Space Force Station’s Space Launch Complex 40 at 2:16 p.m.

This was the fourth launch of the first-stage booster, which made a recovery at Canaveral’s Landing Zone 2.

SpaceX had warned the land recovery could bring one or more sonic booms to parts of Central Florida.

The warning was part of the same standard plans SpaceX plans to use for future Starship and Super Heavy launches, which promise to bring more powerful versions of the loud and rattling pressure change as the massive spacecraft’s booster, as well as upper stage, breaks the sound barrier upon returns to the launch site. read more

By JOSH BOAK, Associated Press

WASHINGTON (AP) — President Donald Trump said Monday that he would allow Nvidia to sell an advanced type of computer chip used in the development of artificial intelligence to “approved customers” in China.

There have been concerns about allowing advanced computer chips to be sold to China as it could help the country better compete against the U.S. in building out AI capabilities, but there has also been a desire to develop the AI ecosystem with American companies such as chipmaker Nvidia.

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Tracking the retirement announcements of members of Congress read more

By RIO YAMAT

Boeing said Monday that it has completed a $4.7 billion purchase of key supplier Spirit AeroSystems, which builds fuselages for the giant aerospace company’s 737 Max jetliners, including an Alaska Airlines aircraft that suffered a door-panel blowout last year.

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The deal, in the works for over a year, brings Boeing’s largest provider of spare parts in-house. CEO Kelly Ortberg called it a “pivotal moment” for the company’s future.

“As we welcome our new teammates and bring our two companies together, our focus is on maintaining stability so we can continue delivering high quality airplanes, differentiated services, and advanced defense capabilities for our customers and the industry,” Ortberg said in a statement. read more