Many Americans feel economy isn't improving

CNNMoney: "A new CNN/ORC poll released Friday found that people were pessimistic that the economy was improving. Nearly 70 percent said the economy is generally in poor shape, and only 32 percent rated it good."

 

American Express ordered to refund customers $60 million

CNNMoney: 'American Express Co. was ordered to refund $60 million to customers for illegal credit card practices, according to the company and the Consumer Financial Protection Bureau. More than 335,000 consumers were affected. According to the federal agency, American Express illegally marketed identity protection products and charged people without telling them that the services would be provided only after customers provided written consent."


 Wall Street edges up, on track for strong weekly gains

Reuters: "Stocks opened with slight gains on Friday as the market's recent upward trend continued, though investors were reluctant to make big bets with major indexes at all-time highs. If the Dow closes higher on the day, that will mark a seventh straight daily rise for the index, its best streak since March."