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- BusinessBenzinga
Increase In Card Member Spending Boosts Amex Q1 Revenue, Company Eyes Steady Annual Growth
American Express Co’s (NYSE:AXP) first-quarter revenue (net of interest expense) grew 11% year-on-year to $15.80 billion, marginally beating the consensus of $15.79 billion. The increase was primarily due to higher net interest income and increased Card Member spending. EPS of $3.33 beat the consensus of $2.95. Card Member spending or Billed Business grew 6% Y/Y to $367 million. Also Read: Mastercard Set to Increase Credit Card Fees, Adding Millions in Costs for Retailers After Visa Settlement U
2 min read - BusinessYahoo Finance
Fed's Goolsbee: 'It makes sense to wait' before cutting rates
One of the Fed's more dovish officials said Friday that 'progress on inflation has stalled' and that 'it makes sense to wait' before cutting interest rates.
2 min read - BusinessInsider Monkey
Here’s Why Polen Focus Growth Strategy Trimmed ServiceNow (NOW)
Polen Capital, an investment management company, released its “Polen Focus Growth Strategy” first quarter 2024 investor letter. A copy of the same can be downloaded here. The US stock market started 2024 optimistically. In the first quarter, the fund returned 8.29% (gross) and 8.09% (net) compared to 11.41% for the Russell 1000 Growth Index and […]
2 min read - BusinessBBC
Oil price eases as Iran downplays attack
Reports of a retaliatory strike by Israel raise commodity prices and fears over inflation.
3 min read - WorldBBC
Columbia University: Ilhan Omar's daughter suspended and 108 arrested for Gaza protest
Democratic politician Ilhan Omar's daughter is suspended from college for participating.
4 min read - BusinessInsider Monkey
20 Best Cheap Phones for 2024
In this article, we will look at the 20 best cheap phones for 2024. If you want to skip our detailed analysis, you can go directly to the 5 Best Cheap Phones for 2024. Overview of the Global Smartphone Industry The global smartphone industry is one of the fastest evolving industries and experiences regular updates […]
11 min read - BusinessSimply Wall St.
Is Cricut, Inc.'s (NASDAQ:CRCT) Stock Price Struggling As A Result Of Its Mixed Financials?
With its stock down 6.8% over the past three months, it is easy to disregard Cricut (NASDAQ:CRCT). It is possible that...
4 min read