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American Express saw a 12% surge in second-quarter expenses as the company spent more on marketing to attract and retain premium cardholders. Ben Elliott of Bloomberg Intelligence has more.

Wells Fargo CFO Mike Santomassimo discusses the bank's second-quarter earnings and the outlook for M&A on "Bloomberg The Close."

Nexo has launched its dual-mode crypto card in Argentina, allowing eligible users to spend cryptocurrency directly or borrow against their digital asset holdings without selling them as the company expands across Latin America.

MiniPay, the stablecoin wallet owned by Opera, has launched a Visa debit card that enables users to spend stablecoins directly from their wallets through Visa's payment network.

Meredith Whitney Advisory Group CEO Meredith Whitney says the economy is doing "well" amid the expansion of AI and rising inflation on "Bloomberg Open Interest."

American Express Co. plans to boost spending on marketing and technology and said its customers' spending on air travel has been slowing. Romaine Bostick discusses his interview with American Express CEO Stephen Squeri on "Bloomberg Open Interest."

PNC Financial Services Group CEO Bill Demchak says he hasn't seen a slowdown in US consumer spending yet. Speaking on "Bloomberg The Close," Demchak also comments on the recent concerns about private credit, the state of commercial real estate and PNC's growth strategy.

Wells Fargo CFO Mike Santomassimo breaks down the bank's first-quarter earnings and discusses growth prospects and the private credit market on "Bloomberg The Close."