U.S. Express profits increased due to credit card expenditure elasticity
2025-01-24 17:31:00 : Reuters, January 24-American Express announced a 12%increase in profit in the fourth quarter on Friday because more and more consumers swipe their card travel and online shopping during the holidays. In the context of a decline in interest rates, the strong holiday season helped the U.S. Express to maintain expenditure. American Express … Read more