Business

Amex Beats Estimates as Premium Clients Keep Spending on Cards  Bloomberg Amex Q2 Card Member Spending Hits Record, Card Fees Soar  Yahoo Finance American Express Revenue Rises on Card Fee Growth  The Wall Street Journal American Express earnings show healthy spending — including on these fancy categories  MarketWatch American Express’ Affluent Cardholders Send Revenue to Record High While Earnings Slip  Barron’s Source link

The Club’s 10 things to watch Friday, July 18 — Today’s newsletter was written by Jeff Marks, the Club’s director of portfolio analysis. 1. Stock futures are muted to close out the week this morning. The S & P 500 closed at a new all-time high yesterday, and all three major averages are on pace for winning weeks amid a …

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Beware this Prime account attack, Amazon warns customers. NurPhoto via Getty Images Update, July 18, 2025: This story, originally published on July 17, has been updated with additional information from Amazon regarding the Prime account attacks that it has emailed 220 million users to warn them about. I know better than most that Amazon Prime subscribers are under attack: I …

Stablecoin regulation bill heads to Trump’s desk  Axios A ‘Crypto Week’ win: Congress passes 1st major crypto legislation in the U.S.  NPR House sends bill regulating stablecoins, a type of cryptocurrency, to Trump  CNBC Instant View: US House sends “Genius Act” stablecoin bill to Trump to sign  Reuters House advances crypto, defense spending bills following standoff  Politico Source link

Netflix, Norfolk Southern, Amex, Hess, Interactive Brokers, 3M, Talen, Schwab, and More Movers  Barron’s Stocks making the biggest moves premarket: Netflix, American Express, Chevron, Sarepta Therapeutics and more  CNBC Stock Market Today: Dow poised for gains, S&P 500 and Nasdaq eye fresh records after Waller’s dovish comments; Netflix stock slips after earnings  MarketWatch Stocks to Watch Friday: Chevron, Hess, Netflix, 3M  The Wall Street …

FDA panel backs menopausal hormone therapy  Axios F.D.A. Panelists Call for Removal of Warnings on Menopause Treatments  The New York Times FDA chief: HRT warning among ‘greatest mistakes of modern medicine’  NewsNation FDA Expert Panel on Menopause and Hormone Replacement Therapy for Women  fda.gov US could scrap health warnings on HRT  The Telegraph Source link

Chevron Wins Green Light to Buy Into One of World’s Hottest Oil Projects  The New York Times Chevron clinches Hess acquisition after winning Exxon legal battle  Reuters Chevron defeats Exxon in dispute over Guyana oil assets, clearing path for Hess acquisition  CNBC Chevron’s megadeal for Hess gets approval after winning legal battle with Exxon  CNN Exxon fails in bid to torpedo Chevron’s $53bn Hess …

By Niket Nishant (Reuters) -American Express surpassed Street estimates for second-quarter profit on Friday, fueled by resilient spending from its affluent cardholders. The beat underscores how the credit card giant’s focus on wealthy customers has helped insulate it from the effects of waning consumer confidence, which is more pronounced among lower-income households. While not representative of the broader economy, AmEx’s …

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