Stocks declined on Friday, with the S&P 500 recording its worst week since 2012, on momentum from the prior day's rout.» Read More
WASHINGTON-- American Express Co. is paying $112.5 million in refunds and fines to settle regulators' accusations that it charged unlawful late fees and deceived customers to pressure them to pay off old debts or buy extra credit card services. American Express is refunding $85 million to about 250,000 customers and is paying $27.5 million in civil fines.
Analysts from KBW weigh in with their picks of winners and losers in the financial sector if the U.S. falls off the “fiscal cliff.” TheStreet.com reports.
At Friday's ribbon cutting for the Barclays Center, the new Brooklyn home for the NBA's Nets franchise, a transformation was clear. The New Jersey Nets were never cool. The BROOKLYN Nets are.
Groupon is taking on established players like American Express, plus successful startups like Square, which Visa backs, along with PayPal and Google, which are also getting into the mobile payments space.
The U.S. economy may not be recovering as fast as President Obama likes, but at least he can make one claim: The stock market has done better under his watch than with any other recent president.
American Express is planning a lounge at Dallas-Fort Worth International Airport. And American Airlines isn't too happy about it.
Warren Buffett says Berkshire benefits when the companies it invests in decide to buy back stocks.
The Street's Stephanie Link, discusses which stocks investors should be looking at right now, including American Express ahead of the company's earnings report today after the bell.
CNBC's Bertha Coombs has the details of a young man pretending to be U.S. Attorney General, Eric Holder and asking for his ballot to vote; Facebook is acquiring photo sharing app, Instagram for $1 billion; and American Express and other gift card sellers say they will pull their products from New Jersey, in protest of a new law that requires companies to collect zip codes of buyers of cards in the Garden State.
So who's fueling this luxury boom? Ed Jay, SVP with American Express Business Insights, gives his take on a new group of big spenders who are walking into the world of luxury in this surprising new trend.
CNBC's Mary Thompson says Jamie Dimon told the Goldman Sachs financial services conference that JPMorgan may buy more stock and the low-interest-rate environment is likely to negatively affect the company's consumer banking business by about $400 million.
Edward Gilligan, American Express vice chairman, discusses preparations for its annual Small Business Saturday, a national initiative to get consumers to patron local small businesses in their communities and give them a boost in the holiday season.
The Fast Money traders with the play on credit card companies, and Chris Tevere, FOREX.com senior currency strategist, with the trade on the euro.
The story behind why Citi has removed American Express from its top list, even after the company beat Street expectations, with Donald Fandetti, Citi specialty finance analyst.
AirTran will begin charging overweight passengers two seats; strong earnings from American Express; profits rose 14 percent at eBay last quarter; earnings dropped at Wynn; and railroad giant, CSX plans to hire four thousand new workers, with CNBC's Jackie DeAngelis.
The CNBC news team with a preview of three companies reporting earnings after the bell.
CNBC's Mary Thompson has the earnings breakdown from American Express.
Discussing the integration of Amex and Facebook, with Edward Gilligan, American Express vice chairman.
CNBC's Julia Boorstin with details of the budding partnership between the location based service and American Express.
CNBC's Scott Wapner looks ahead to the earnings reports investors will be watching next week, including Citigroup, Goldman Sachs, Apple, IBM, Intel, Yahoo, Wells Fargo, AT&T, Verizon, Morgan Stanley and American Express.