Banks plead for federal guidance as penny shortage spreads
- Key Insight: Banks are struggling to supply retailers with pennies as circulation slows and federal agencies provide no guidance on how to cope.
- Supporting Data: Of the 165 coin distribution terminals used by the Federal Reserve, 102 are neither supplying pennies nor accepting deposits of them.
» Read more about: Banks plead for federal guidance as penny shortage spreads »
Read MoreTesla Stock Is Reeling Back Following Previous Gains: What's Going On?
Tesla Inc (NASDAQ:TSLA) shares are pulling back Thursday after the gains made following President Donald Trump‘s announcement of interest deductions for EV purchases, as part of the Big, Beautiful Bill. Additionally, Elon Musk‘s AI startup xAI has struck a major deal to build a Saudi-backed data center using Nvidia Corp chips.
» Read more about: Tesla Stock Is Reeling Back Following Previous Gains: What's Going On? »
Read MoreTranscript: The Big Tech stock rollercoaster
This is an audio transcript of the FT News Briefing podcast episode: ‘The Big Tech stock rollercoaster’
Marc Filippino
Good morning from the Financial Times. Today is Friday, November 21st, and this is your FT News Briefing.
» Read more about: Transcript: The Big Tech stock rollercoaster »
Read MoreSocial Security Administration talk: Child benefits
Social Security Administration talk: Child benefits
Published 12:00 am Friday, November 21, 2025
Kathleen Romig, senior advisor in the Office of the Commissioner, joined an episode of SSA Talks to discuss the Social Security benefits available to children.
» Read more about: Social Security Administration talk: Child benefits »
Read MoreBillionaires Sell Palantir Stock and Buy an IPO Stock Wall Street Says Could Soar Up to 300%
The Burst
Why This Might Still Be a Long-Term Winner
Leonardo DRS is one of those under-the-radar defense companies powering some of the most advanced military systems in the world. From sensors and tactical computing to ruggedized networking gear and combat vehicles, DRS builds much of the U.S. military’s digital backbone.
Shares are up more than 20% over the past year but have slipped nearly double digits since Q3 earnings.
» Read more about: Why This Might Still Be a Long-Term Winner »
Read MoreThe Ivy
Is PayPal About to Stage an AI-Powered Comeback
Shares of PayPal haven’t joined the tech sector’s rally. While the S&P 500 has climbed, PayPal has slipped about 15% over the past year. But a new partnership with OpenAI and strong underlying fundamentals could mark the start of a rebound.
Key Points
-
PayPal’s integration into ChatGPT positions it as the default payment option for AI-powered shopping—an early lead in conversational commerce.
» Read more about: Is PayPal About to Stage an AI-Powered Comeback »
Read MoreThe Spotlight
Why Small-Caps Could Crush Big Tech
Markets were rattled earlier this week after a fresh round of tariff threats reignited tensions between the U.S. and China. For a moment, it looked like the trade war narrative of 2018 was making a comeback. But by midweek, cooler heads prevailed, and stocks came roaring back.
The surprise? Small-cap stocks didn’t just recover,