Stock Spotlight: American Express charges ahead despite economic uncertainties

On 20 October, AMEX reported record revenue, up 13% from a year earlier to $15.4bn, driven by vigorous consumer spending and a significant increase in net interest income, which more than compensated for sluggish growth in commercial spending. Both international and US consumer spending saw significant increases, with a 17% rise globally and a 10% uptick in the United States, while retail sales showed resilience in the face of economic uncertainties.  Stock Spotlight: Political scrutiny likely to cast shadow over Exxon's $60bn merger with Pioneer The strong results beat market expe...