Business

Ripple says 'skinny' Fed master account is attractive despite limitations 

Ripple says 'skinny' Fed master account is attractive despite limitations

By Hannah Lang (Reuters) -Crypto giant Ripple supports the idea of a "skinny" Federal Reserve payments account for non-banks, which…

November 7, 2025

Fed's Miran says he expects rate cut in December

(Reuters) -Federal Reserve Governor Stephen Miran says he expects the U.S. central bank to cut interest rates in December, despite…

November 6, 2025

Cummins beats estimates on power systems strength; electrolyzer unit drags

By Apratim Sarkar (REUTERS) -U.S. truck engine maker Cummins on Thursday reported third-quarter results above Wall Street estimates, driven by…

November 6, 2025

US FAA to detail flight cut plan at major airports later on Friday

By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration on Thursday was working to hammer out details of an unprecedented…

November 6, 2025

Nissan returns to operating profit in second quarter, maintains forecast

By Daniel Leussink YOKOHAMA, Japan (Reuters) -Nissan Motor swung back to an operating profit in the second quarter, reporting its…

November 6, 2025

More than half of hedge funds invested in crypto, global survey says

By Elizabeth Howcroft PARIS (Reuters) -Global hedge funds' exposure to crypto markets is increasing, and more than half are now…

November 6, 2025

US FAA to detail flight cut plan at major airports later on Friday

WASHINGTON (Reuters) -The Federal Aviation Administration on Thursday was working to hammer out details of an unprecedented plan to cut…

November 6, 2025

Exclusive-US sorghum shipment heads to China after Trump-Xi meeting, grains council chairman says

By Casey Hall SHANGHAI (Reuters) -A shipment of sorghum has been sent from the United States to China over the…

November 6, 2025

BoE hold stems sterling slide, tech nerves sap shares

By Marc Jones LONDON (Reuters) -European shares slipped on Thursday, having uncoupled from Asia and Wall Street this week, while…

November 6, 2025

Moderna trims top end of full-year forecast on weak COVID vaccine sales

By Patrick Wingrove (Reuters) -Moderna lowered the top end of its 2025 revenue forecast by $200 million on Thursday, citing…

November 6, 2025