Spending is strong, delinquencies down from 2019
Stephen Squeri, chair and CEO of American Express, speaks during an Economic Club of New York event in New York on Nov. 10, 2022. Stephanie Keith | Bloomberg | Getty …
American Express Co
The top 10 things to watch in the stock market Wednesday
Our top 10 things to watch Wednesday, Jan. 10 1. Home Depot upgraded to outperform from neutral at Wedbush, price target increased to $380 form $330. Analyst expects 2024 will …
Fed-induced rally is unsustainable, especially for 5 sectors
It’s not being talked about enough. This market move off the November lows and the Fed pivot — signaling an end to the central bank’s rate-hiking cycle — is one …
Top money goals for Gen Z and millennials in 2024
The millennial and Gen Z generations are placing financial goals at the top of their lists of 2024 resolutions, a recent American Express survey finds. The poll, which surveyed more …
Affirm’s stock quintupled this year, beating all tech peers
Drew Angerer / Getty Images A year ago, there was little holiday cheer at Affirm. The point-of-sale lender was confronting rising interest rates, recession fears and weakening consumer spending. Affirm …
Etsy laying off 11% of staff, citing competitive environment
The Etsy website displayed on a laptop. Gabby Jones | Bloomberg | Getty Images Etsy is laying off 11% of its workforce at the height of the holiday season as …
As the market enters correction territory, don’t blame the US consumer
An Amazon.com Inc worker prepares an order in which the buyer asked for an item to be gift wrapped at a fulfillment center in Shakopee, Minnesota, U.S., November 12, 2020. …
Airport lounges are booming, and everyone wants in
Travelers are flocking to airport lounges in search of complimentary food, drinks and perhaps most importantly, a chance to relax away from the hordes of travelers at the gate. The …
Delta walks back some changes to Sky Club access, loyalty program
Delta’s new SkyClub at John F. Kennedy International Airport in New York. Leslie Josephs/CNBC Delta Air Lines on Wednesday walked back some of the broad restrictions it placed on access …
Here are 3 things to watch in the stock market after a very difficult week
It was a mixed week for the major stock benchmarks. The S & P 500 closed lower Friday, but turned in a weekly gain despite big swings in oil prices …