American Express Company News
Buy Now, Pay Later Payments: New Rules Consumers Should Know
Big changes are ahead for Buy Now Pay Later
Why Is Delta Airlines in Hot Water Over a Viral Tweet?
The Delta Sky Club seems to get even more exclusive every day.
Mastercard Stock Edges Higher As Spending Surge Drives Q2 Earnings Beat
“Increasing inflationary pressures have yet to significantly impact overall consumer spending but we will continue to monitor this closely," said CEO Michael Miebach.
Visa Stock Slumps On Senate Competition Bill Report, Clouding Q3 Earnings Beat
"We're seeing no evidence of a pullback in consumer spending," said CFO Vasant Prabhu.
Stocks Higher, Fed Rate Decision, Microsoft, Google and Visa In Focus - Five Things To Know
Stock futures higher as fed decision looms; Powell comments in focus as markets look for new rate signals; Microsoft leaps as bullish outlook offsets Q4 earnings miss; Google powers higher as earnings defy ad market gloom and Visa beats Q2 earnings forecast, sees no signs of spending slowdown.
Stock Market Today - 7/22: Stocks End Lower As Recession Fears, Snap Warning Rattle Markets
Recession fears, alongside a pointed warnings on social media ad spending, send stocks lower Friday.
American Express Stock Surges After Crushing Q2 Profit Forecast Amid Record Card Spending
“We had an outstanding second quarter, with record levels of revenue and Card Member spending,,” said CEO Stephen Squeri.
Credit Card Stocks: Which Are Wells Fargo's Favorites?
Credit-card companies face some speed bumps amid the potential for an economic downturn, Wells Fargo says.
Treasury Yields Jump After Weak $43 Billion 2-Year Auction, Sliding Foreign Demand
The Treasury sold $43 billion in 2-year notes at a high yield of 4.29% - nearly a full percentage point above last month's auction levels.
Economist El-Erian Sees Strong Chance for Recession
But he thinks the Fed must keep raising interest rates to quell inflation. And he expects continued market volatility.
Pound Collapse Puts Dollar Parity, Emergency Bank of England Rate Hikes in Focus
Britain's new government said it will continue focusing on tax cuts and new borrowing to boost growth even as markets push the pound to a record low against the U.S. dollar.
What Happens to Your Credit Card When Interest Rates Rise
With interest rates soaring, credit card consumers may be in for a shock