Elizabeth Rutelidge is Named the New CMO at American Express
Elizabeth Rutledge has spent over 25 years at American Express and just last week the powerhouse was named Chief Marketing Officer of American Express. Rutledge joins Cheddar to explain how she will add to the C Suite and why she is excited about the role.
Rutledge explains that she has been able to succeed in her roles due to internal "sponsorship" at American Express. She is proud of the network of women that support one another in the company.
Rutledge also speaks to being a working mom. She said she tries her best to be good at both jobs every day, but some days she is better at one role than the other.
Chair Jerome Powell says the Federal Reserve only expects to cut rates once in 2024. But at least, as one economist says, ‘rate hikes are off the table.’
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.