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American Express Says the Rich Are Still Dining Out and Living Large — While Everyone Else Braces for Recession, Tariffs, and Skyrocketing Prices
American Express (NYSE:AXP) is riding high — and so are its richest customers. While warnings of a tariff-fueled recession swirl and some Americans are pulling back on spending, AmEx says its most ...
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American Express’ wealthy cardholders are mostly untouched by tariff jitters
American Express' affluent cardholders are showing few signs of curbing their spending, Chief Financial Officer Christophe Le ...
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American Express' wealthy cardholders are mostly untouched by tariff jitters
Chief Financial Officer Christophe Le Caillec told CNBC. Billed business on AmEx cards rose 6% in the period, or 7% when adjusted for the impact of the leap year, the company reported Thursday ...