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Pallavi Dewan

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

Apr 18 2018

AmEx profit tops estimates as record splurge on rewards woos customers

Credit card issuer American Express Co easily topped Wall Street targets for quarterly profit as record investments in card rewards and a strengthening U.S. economy contributed to higher customer spending.

Feb 07 2018

S&P cuts Wells Fargo's credit ratings on regulatory risks

Credit-rating agency Standard & Poor's on Wednesday cut Wells Fargo & Co's credit ratings, days after the U.S. Federal Reserve imposed regulatory restrictions on the bank.

Feb 01 2018

Cost control helps CME Group profit beat estimates

CME Group Inc on Thursday reported better-than-expected quarterly profit as a tight leash on costs helped the world's largest futures exchange counter a dip in clearing and transaction fees as fewer people traded during the quarter.

Jan 18 2018

Tax overhaul leads AmEx to first loss in 26 years, buyback suspension

Credit card issuer American Express Co posted its first quarterly loss in 26 years and said it would not buy back shares for the next six months, both due to the impact of the recently enacted U.S. tax reform.

Jan 12 2018

PNC Financial fourth quarter profit more than doubles

PNC Financial Services Group Inc reported a better-than-expected quarterly profit on Friday, helped by higher interest income and consumer loan growth and the U.S. regional lender also forecast mid-single digit loan and revenue growth for 2018.

Oct 18 2017

Kenneth Chenault to step down as AmEx CEO after nearly 17 years

American Express Co said its chairman and chief executive Kenneth Chenault would step down early next year, ending a nearly 17-year tenure at the helm of the No. 1 U.S. card issuer by spending.

Jul 27 2017

Mastercard beats profit estimates on higher consumer spending

Mastercard Inc , the world's second-biggest payments processor, joined bigger rival Visa Inc on Thursday in reporting a better-than-expected quarterly profit as people spent more using credit and debit cards.

Jul 19 2017

AmEx profit dips as it splurges on customer rewards

American Express Co's profit declined 33 percent in the second quarter, hurt partly by higher expenses, as the card company spent heavily on rewards to woo customers amid intense competition from big U.S. banks.

May 12 2017

Spotify, valued at $13 billion, to launch direct listing on NYSE: sources

Music streaming service Spotify, most recently valued at $13 billion, will be the first major company to carry out a direct listing on the New York Stock Exchange when it goes public later this year or early next year, two sources familiar with the situation said on Friday.

Apr 19 2017

AmEx profit beats as higher spending blunts partnership losses

American Express Co's first-quarter profit fell less than expected as its card members spent more and the company expressed more confidence over its full-year results, amid fierce competition in the industry.

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