News

Oct 11
Blue Apron stock bounces back after offering meal kits on Amazon, without subscription

Shares of Blue Apron Holdings Inc. APRN, -0.42% surged 11.0% in premarket trading Tuesday, after the company said its meal kits were not available for purchase through Amazon.com Inc. AMZN, -1.78% in the U.S., without a subscription. Blue Apron is offering its regular selection of meal kits, including its Ready to Cook, Family Recipes and […]

Oct 11
American Airlines stock jumps after revenue outlook raised

Shares of American Airlines Group Inc. AAL, +1.70% jumped 3.3% in premarket trading Tuesday, after the air carrier raised its third-quarter total and unit revenue growth outlooks. The company said it now expects total revenue to be up approximately 13% from the same period in pre-pandemic 2019, compared with previous guidance of a rise of […]

Oct 11
BNY Mellon, America’s oldest bank, launches crypto services

The bank will store private keys and provide bookkeeping services equivalent to those offered to fund managers in traditional assets. Source: Cointelegraph

Oct 11
Tech selloff puts Nasdaq, S&P 500 on track to take out 2022 closing lows

Continued pressure on tech and tech-related shares killed an attempted bounce by the Nasdaq Composite a day after the index ended at its lowest in more than two years. The S&P 500 SPX, -0.71% also turned lower, on track for a fifth straight losing session in the final hour of trading Tuesday. The Dow Jones […]

Oct 11
G-7 pledges to support Ukraine ‘for as long as it takes’ as Russia launches fresh strikes

Leaders of the Group of Seven nations on Tuesday pledged to support Ukraine “for as long as it takes,” as the country was under a fresh round of strikes from Russia. “We will continue to provide financial, humanitarian, military, diplomatic and legal support and will stand firmly with Ukraine for as long as it takes,” […]

Oct 11
Fed’s Mester says larger risks come from hiking rates too little

The Federal Reserve should be wary of wishful thinking about inflation that would lead the central bank to pause hiking interest rates or reverse course, Cleveland Fed President Loretta Mester said on Tuesday. “Given current economic conditions and the outlook, in my view, at this point the larger risks come from tightening too little and allowing […]