Tag: American Express stock

American Express CEO Stephen Squeri dismissed concerns of an impending recession, stating that the credit card company has not yet seen a downturn in spending trends to suggest one such change. This assessment comes after American Express announced its fourth-quarter results. Net sales for the...

As you might have heard by now, the U.S. economy has been trending towards recession for several months. However, this prediction isn't unanimous. For example, American Express CEO Stephen Squeri believes the situation isn't as bad as it seems. American Express recently shared a positive...