Thursday, February 5, 2026 at 4:00 PM
The biggest credit-card issuers collected about $146 billion in revenue last year from America’s reliance on debt.
The credit-card company said higher-income clients are spending on restaurants and luxury items, and that they continue to seek out its premium cards.
The payments company posted a profit of $5.85 billion, citing strong consumer spending through the holidays.
SoftBank-backed ride-hailing firm Grab is hoping to begin its newly announced $500 million share buyback soon, and keep delivering returns to shareholders, the CFO said in an interview.
The firm reported a 13% increase in adjusted fourth-quarter earnings and raised a record $228 billion in new capital for the year.
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