Breaking Industry News
Breaking News articles for November 2025
Holiday sales predicted to set record
Thursday, November 06, 2025
It's shaping up to be a merry holiday season for merchants. The National Retail Federation just released its annual holiday forecast. And it is predicting retail sales will surpass $1 trillion for the first time this holiday season.
Court backs Fed's refusal to let fintech access payment rails
Wednesday, November 05, 2025
A federal appeals court dealt a blow to crypto banks seeking access to the Federal Reserve's payment rails. In a two-to-one decision the U.S. Court of Appeals for the Tenth Circuit, in Denver, affirmed a decision by the U.S. District Court for the District of Wyoming that the Federal Reserve Bank of Kansas City had the authority to deny a request by Custodia, a crypto bank, for a so-called master account with the Reserve Bank.
