Stock market reacts to Federal Reserve raising interest rate by 75 basis points

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What Recession? AmEx Shares Ambitious Hiring Plans As Peers Let Go Staff

American Express Co (NYSE: AXP) shared plans to hire 1,500 people for technology roles dispelling slowdown concerns as its peers slashed jobs and cut expenses. The new hires would fill roles like data scientist, software engineer, and others by the end of the year, Reuters reported. AmEx had already brought in 3,600 tech employees this year. AmEx bumped up its annual revenue forecast in July, boosted by a surge in spending on travel and entertainment. Contrastingly, Goldman Sachs Group, Inc (NYS

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