Amex Earnings: Gen Z, Millennials Drive Credit Card Volume Growth – PYMNTS.com

American Express The earnings, released on Friday (July 19), showed that consumers continue to spend money on experiences, especially dining out, driven by younger generations who are using their cards more frequently. Spending by millennial and Gen Z customers increased 13% year over year, according to executives. CFO Christophe Le Caillec Spending growth was seen […]
Burglars Hit Bhad Bhabie’s Home Days After She Posts Multi-Million Dollar OnlyFans Earnings, Police Say: REPORT

Burglars forced their way into the home of famous singer Bhad Bhabie and successfully made off with some of her personal items just days after she flaunted her wealth online, police sources told TMZ. Bhad Bhabie publicly declared that she had earned $57 million on OnlyFans, just days before her home was burglarized. Law enforcement […]
First Horizon CEO talks regional bank competition after earnings miss – CNBC

After First Horizon reported weaker-than-expected profits on Wednesday morning, the regional bank’s CEO, Brian Jordan, told CNBC’s Jim Cramer that tough competition in the industry could continue through the rest of the year. “Competition is increasing. Money market and CD deposit rates are becoming very competitive,” Jordan said. “We’re seeing a lot of special rates […]
BlackRock Posts Earnings Beat, Assets Jump 13% to Record $10.6 Trillion. Stock Rises. – Barron's

BlackRock Inc. said on Monday that its second-quarter profit rose 11% from a year earlier, beating analysts’ expectations. The firm currently manages a record $10.64 trillion in assets for its clients, up 13% from last year. The world’s largest asset manager reported quarterly adjusted net income of $1.55 billion, beating expectations of $1.47 billion. That […]