Wealthy American Categorical prospects spend freely, with one exception

American Categorical has lengthy benefited from a concentrate on wealthier prospects who admire the bank card firm’s journey and eating perks. That has helped insulate the corporate from issues over a spending slowdown. Within the second quarter, complete spending on Amex playing cards jumped 7%, matching the primary quarter and better than the 6% enhance … Read more

Josh Brown talks two big bank stocks after earnings reports

Ritholtz Wealth Management CEO Josh Brown had good things to say about JPMorgan and Citigroup following the financial institutions’ earnings reports on Tuesday. Brown joined CNBC’s “Halftime Report” to discuss the two banks after both beat Wall Street estimates. Here’s what he had to say about each name: Citi While Brown said he doesn’t own … Read more