American Express Co.’s bet on Gen Z customers is paying off, with the segment accounting for around 5% of all US spending on ...

American Express’ affluent cardholders got comfortable ... it was especially fueled by millennials and Gen Z users, where transaction volumes jumped 16%, up from 12% in the third quarter.

Gen Z is choosing ... most discretionary spending power of all age groups, famed businesswoman Meredith Whitney wrote in an op-ed for the Financial Times, citing American Express data.

According to a recent Capital One Shopping study, millennials dominate in total spending but are deliberate about where their dollars go. Gen Z shops more often but with smaller budgets.

The pickup was especially fueled by millennials and Gen Z users, who spent more on experiences such as travel and ...

American Express’s affluent cardholders got comfortable ... it was especially fueled by millennials and Gen Z users, where transaction volumes jumped 16%, up from 12% in the third quarter.