Amex Turns Gen Z Loyalty Into an AI Advantage

American Express ’ second-quarter earnings tell a spending story that stretches from restaurant tables to airport gates to corporate expense accounts, with artificial intelligence sitting somewhere in the middle. Card spending rose 9% on an FX-adjusted basis in the second quarter, according to a Friday (July 24) earnings presentation . Travel and entertainment spending increased 10%, goods and services rose 9%, and consumer spending in the United States climbed 11%, its fastest growth since earl