Listen Live

Current Weather

Loading advertisement…

AmEx beats profit estimates as spending growth hits three-year high

By Manya Saini April 23 (Reuters) - American Express sailed past Wall Street expectations for first-quarter profit on Thursday, as affluent customers splurging on travel and entertainment lifted card spending growth to its highest in three years. Elevated interest rates and concerns about inflation spiking due... Read More.

US senators seek probe into FAA administrator stock sale

WASHINGTON, April 23 (Reuters) - Three Democratic U.S. senators asked a federal watchdog to probe if the head of the Federal Aviation Administration violated his ethics agreement by delaying a stock divestiture after his departure as CEO of Republic Airways. Senators Maria Cantwell, Tammy Duckworth... Read More.