Finance & Markets

After peaking at around $3.14, XRP has now had its fourth straight day of losses. Traders are paying more attention to several possible triggers that may help arrest the current decline. The decline in XRP also results from the broader cryptocurrency market, which is under pressure as Bitcoin falls below $115,000. There are, nevertheless, ongoing changes that could help to bring about a revival. Developments in the ETF market could be among the most important possible XRP lifts. The U.S. Securities and Exchange Commission's approval of Generic Listing Standards (GLS) has been essential since it enables issuers to list crypto-spot ETFs under its framework, sans the need for personal SEC approval. Institutional investors are attentively watching whether BlackRock will submit a filing f...

With a strong focus on cryptocurrency, PayPal launched a new peer-to-peer payment system designed especially for messaging programs on Monday. Through SMS, direct messages, or emails, PayPal Links lets customers send directly to their intended recipients a range of currencies.  Officially starting for customers in the United States, transmitting U.S. dollars today, the PayPal Links program is expected to soon include the encouragement of payments in other digital tokens, as well as Bitcoin, Ethereum, and PayPal’s stablecoin PYUSD. Decrypt contacted a PayPal representative for more information about the schedule of the crypto effort and to ask about which Future could bring more tokens, but a response was not immediately forthcoming, repercussions of Trump 401(k). One-time custom...

On Thursday, European stock markets experienced an upward atmosphere as investors digested both the interest rate decision by the European Central Bank (ECB) and a major inflation report from the latest U.S. inflation data. The pan-European Stoxx 600 index provisionally ended the session up 0.51%, thus setting it up for a weekly gain. Automobile stocks recovered from early losses to close up 1.27%, with Stellantis leading gains after a strong afternoon rally, closing up 9.18%. The CEO told Reuters the company is planning to bring back models such as the Jeep Cherokee and 8-cylinder RAM trucks to help cash flow recovery after recent sales struggles. After the ECB decided the rates to keep rates on hold, the euro appreciated 0.3% against the U.S. dollar move largely anticipated by trad...

A platform for private market assets, Yieldstreet will reimburse some of its legal expenses stemming from a problematic series of Marine loans, but their customers are less lucky. According to communications to clients, the company said it will get $5 million from a settlement with the borrowers who defaulted on these marine loans, in letters acquired by CNBC last week. Despite this agreement, Yieldstreet stated that “far exceeds the total settlement amount” the expenses related to the recovery efforts; therefore, it is unlikely that investors will get any refunds. The corporation indicated that the agreements are almost finished and that financial reports showing losses will be turned in by February. Yieldstreet acknowledged in the investor letter, “We realize that this result is upset...

On August 27, 2025, the worldwide financial markets showed tentative indications of stabilizing political selloff in France as the U.S. dollar regained some of its power and European stocks experienced a tiny rise notwithstanding persistent worries about the Federal Reserve’s independence. Investor mood is now swinging toward Nvidia’s much-awaited earnings report, which is expected to affect world markets profoundly. Rising approximately 0.3% versus a basket of prominent currencies, the dollar rebounded to recoup losses suffered earlier in the week, even as concerns regarding the Federal Reserve’s independence loomed on and on. Legal consequences ensuing from President Trump’s sudden efforts to remove Fed Governor Lisa Cook, under Trump’s administration of Mortgage Fraud Allegations, an...

Simplification of sophisticated trading has seen significant progress by Kraken, a cryptocurrency exchange. On August 20, 2025, Kraken acquired Capitalise.ai, an Israeli firm noted for its no-code, natural-language trading automation platform. Capitalise.ai, which started in 2015, allows users to express trading strategies in plain English, such as Sell Bitcoin if RSI rises above 70 for three days, and smoothly transforms them into executable bots. Using real-time and historical data, the platform provides considerable support for several asset classes including equities, cryptocurrencies, foreign exchange, futures, and options. Kraken admitted that Capitalise.ai’s co-founders, Amir Shiovich (CEO) and Shahar Rabin (CPO), along with Key engineers will be joining Kraken’s Pro business ...

Following a steep drop in its stock price following the reveal of a new logo, Cracker Barrel saw a significant decline of roughly $100 million in market value on Thursday. This contemporary design streamlines the long-standing image of a man in overalls leaning on a barrel by just displaying the name of the chain. With the release of Cracker Barrel’s new logo, its stock fell by $4.22 on Thursday, a 7.2% decline that lowered the price to $54.80 and cost the company $94 million in market value. Early in the day, the stock had dropped to $50.27, suggesting a total loss of almost $200 million in its total worth. Early trading in Cracker Barrel showed a little rise on Friday, but eventually they fell throughout the day. At $54.40, the stock finished the day down by 40 cents, or less than 1%....

Falling 16% during afternoon trading on Wednesday, Cava’s stock is the most recent fast-casual restaurant chain to be frowned upon by Wall Street after subpar quarterly sales results were released. Double-digit growth in same-store sales was being celebrated by companies like Chipotle Mexican Grill and Cava just a year earlier, even as the restaurant industry as a whole saw decreased customer traffic and dwindling revenues.  But the circumstances have changed drastically. Foot traffic at quick casual restaurants fell this spring as sales started to slow or even decline. Executive leadership has stated that, to account for this decline, diners are feeling cautious, as described by Sweetgreen CEO Jonathan Neman, or are navigating an economic fog, according to Cava CFO Tricia Tolivar. I...

On Wednesday, New York Attorney General Letitia James filed a lawsuit against Zelle, alleging that the electronic payment platform's lack of necessary safety features allowed fraudsters to steal more than $1 billion from customers. Filed in a Manhattan state court, this lawsuit follows the March decision of the U.S. Consumer Financial Protection Bureau to stop a similar case. Following the return of U.S. President Donald Trump to the White House, the agency has since cut most of its enforcement operations. Starting in 2017, Zelle contends against other services, including Block’s Cash App, PayPal’s Venmo, and others. Its parent business, Early Warning Services, is owned by seven major U.S. banks: Bank of America, Capital One, JPMorgan Chase, PNC, Truist, US Bank, and Wells Fargo. ...

After originally suggesting this unusual action during an interview released on Tuesday, EJ Antoni, chosen by President Donald Trump to head the Bureau of Labor Statistics. He has decided against the notion of suspending the monthly jobs report, a crucial and historically important barometer of economic activity in the United States. Confirmed, Antoni will keep publishing the monthly employment data as Heritage Foundation economist Stephen Moore said in an interview with CNN on Tuesday. Moore said he spoke with Antoni, who has since retracted his earlier recommendation. Earlier, Antoni had told Fox News Digital that the monthly employment report should be postponed in favor of quarterly figures since the report is sometimes erratic and prone to frequent revision. In an interview ...