Bloomberg·2 min read·medium
Amex Raises Forecast for Revenue Growth on First-Half Momentum - Bloomberg.com
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Paige Smith
✦AI Summary
American Express reported a 12% increase in second-quarter expenses, reaching $14.5 billion. The company is spending heavily on marketing to attract and retain premium cardholders.
American Express Co. said second-quarter expenses surged 12% as it spent more on marketing to attract and retain premium cardholders. Expenses jumped to $14.5 billion from $12.9 billion, an increase…
businesseconomy
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