NEW YORK (AP) — American Express has agreed to pay more than $138 million to resolve a wire fraud investigation related to its sales and marketing practices, federal authorities announced Thursday.

NEW YORK, April 17, 2025--American Express Company (NYSE: AXP) today reported first-quarter net income of $2.6 billion, or $3.64 per share, compared with net income of $2.4 billion, or $3.33 per ...

American Express on Thursday said it agreed to pay $230 million over claims the company used deceptive tactics to sell its credit cards and wire services to customers.

RBC analyst maintains Outperform rating on American Express (AXP) with $310 price target. AXP reports strong Q1 2025 results, reaffirms revenue and EPS outlook.

The Revenue Act of 1862 was passed by Congress to fund the Union in the American Civil War and created the Bureau of Internal Revenue.

Commerce Secretary Howard Lutnick declared during a cabinet meeting on Monday that April 4, when tariffs are planned to go into effect, "American Liberation Day," when the new "External Revenue ...

President-elect Donald Trump on Tuesday said he will create an “External Revenue Service" to collect tariffs. His announcement, made in a post on Truth Social, lacked details but appeared to ...

The creation of a separate department will likely need congressional support, though Trump could try to establish the department within a different existing agency.

The proposal is a contrast to the Internal Revenue Service, the country’s tax collection agency, which has faced harsh scrutiny from Republicans.

The IRS's Reduction in Force plan states the agency could go from 102,000 employees to a target of 60,000 to 70,000, according to an internal memo.

American Express Delivers Strong First-Quarter Results With Revenue of $17.0 Billion, up 7%, or 8% on an FX-Adjusted Basis Earnings Per Share of $3.64 Increased 9% ...