Current:Home > InvestThe Daily Money: How the Capital One-Discover deal could impact consumers -TradeCircle
The Daily Money: How the Capital One-Discover deal could impact consumers
Poinbank View
Date:2025-04-10 23:09:04
Good morning! It's Daniel de Visé with your Daily Money.
Capital One's acquisition of Discover adds new urgency to the question, What's in your wallet?
Turns out, customers can look forward to a flurry of new perks if Capital One’s $35 billion purchase of Discover Financial Services goes through, Medora Lee reports.
The acquisition would give Capital One access to Discover’s high-credit-quality customers and its network of payment processing services, an area dominated by Visa and Mastercard. That means more competition, and that's good for customers. Read the story.
Meet the Beatlemania boomers. They face a retirement crisis
The youngest baby boomers, born in the era that spawned Beatlemania, face a looming retirement crisis, researchers have found.
"Late boomers," Americans born between 1960 and 1965, have less retirement wealth, and much less retirement savings, than either older boomers or “war babies,” generations born between 1942 and 1959, according to a recent paper from the Center for Retirement Research at Boston College.
To compare wealth, researchers examined different generational groups at the same age range. They found late boomers had significantly less combined retirement wealth than older boomers at the same age. Read the story.
📰 More stories you shouldn't miss 📰
- Viral tumblers spawn viral lawsuits
- $4.95 wine at Aldi: Do you get what you pay for?
- Education Department rolls out a FAFSA fix
- A review of Cash App Taxes
🍔 Today's Menu 🍔
KFC is introducing a new item. And, to invoke a favorite Saturday Night Live sketch, it's almost pizza.
"Chizza," pronounced "cheet-za," is coming to KFC menus starting Monday, Feb. 26, for a limited time. The not-quite-pizza features two white meat fried chicken filets topped with marinara sauce, melted mozzarella cheese and crispy pepperoni, Gabe Hauari reports.
According to KFC, the Chizza debuted on KFC menus in the Philippines -- Huh -- and has since made its way to KFC restaurants in Korea, Taiwan, India, Thailand, Germany, Spain and Mexico, among other countries. Read the story.
About The Daily Money
Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.
Daniel de Visé covers personal finance for USA Today.
veryGood! (7511)
Related
- Former longtime South Carolina congressman John Spratt dies at 82
- Court Orders New Climate Impact Analysis for 4 Gigantic Coal Leases
- Inside the Coal War Games
- See Below Deck Sailing Yacht's Gary Tell Daisy About His Hookup With Mads in Awkward AF Preview
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- Fugitive Carlos Ghosn files $1 billion lawsuit against Nissan
- Gov. Newsom sends National Guard and CHP to tackle San Francisco's fentanyl crisis
- Hurry to Coach Outlet to Shop This $188 Shoulder Bag for Just $66
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- What happened to the missing Titanic sub? Our reporter who rode on vessel explains possible scenarios
Ranking
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Angela Paxton, state senator and wife of impeached Texas AG Ken Paxton, says she will attend his trial
- Apple AirTags can track your keys, wallet and luggage—save 10% today
- In House Bill, Clean Energy on the GOP Chopping Block 13 Times
- Rylee Arnold Shares a Long
- Angela Paxton, state senator and wife of impeached Texas AG Ken Paxton, says she will attend his trial
- FAMU clears football activities to resume after unauthorized rap video in locker room
- A robot answers questions about health. Its creators just won a $2.25 million prize
Recommendation
In ‘Nickel Boys,’ striving for a new way to see
Biden says his own age doesn't register with him as he seeks second term
Lions hopeful C.J. Gardner-Johnson avoided serious knee injury during training camp
This shade of gray can add $2,500 to the value of your home
Senate begins final push to expand Social Security benefits for millions of people
Your First Look at American Ninja Warrior Season 15's Most Insane Course Ever
Vanderpump Rules' Tom Sandoval and Ariana Madix Honor Friend Ali Rafiq After His Death
Clean Power Startups Aim to Break Monopoly of U.S. Utility Giants