The pickup was especially fueled by millennials and Gen Z users, who spent more on experiences like travel and entertainment.
American Express on Friday beat Wall Street revenue expectations, as more consumers swiped its cards during the holiday ...
American Express' affluent cardholders got comfortable spending more freely again late last year, Chief Financial Officer Christophe Le Caillec told CNBC. Spending on AmEx cards jumped 8% year ...
Travel and entertainment spend was the strongest area, CFO Christophe Le Caillec told Reuters, adding that airline travel, in particular, did really well. Billed business, a measure of spending on ...