Current:Home > StocksThe Daily Money: How the Capital One-Discover deal could impact consumers -FutureFinance
The Daily Money: How the Capital One-Discover deal could impact consumers
Fastexy Exchange View
Date:2025-04-11 04:16:55
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! (664)
Related
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Inter Miami faces Charlotte FC in key MLS game: How to watch, will Lionel Messi play?
- Starbucks, Workers United union sue each other in standoff over pro-Palestinian social media post
- US says initial independent review shows no evidence of bomb strike on Gaza hospital
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- The Masked Singer: You Won't Believe the Sports Legend Revealed as the Royal Hen
- Xi, Putin detail 'deepening' relations between Beijing and Moscow
- You Can Bet on Loving This Photo of Zac Efron and His Little Siblings Olivia and Henry
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- District attorney praises officer who shot man who killed two Black bystanders moments earlier
Ranking
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Netflix raises prices for its premium plan
- SEC coaches are more accepting of youthful mistakes amid roster engagement in the portal era
- Former San Diego detective, 3 women sentenced to prison for operating sex parlors
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Southern California sheriff’s deputy shot and hospitalized in unknown condition
- Magnitude 4.1 earthquake shakes part of Northern California, setting off quake alert system
- North Carolina Republicans pitch Congress maps that could help them pick up 3 or 4 seats next year
Recommendation
Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
Dancing With the Stars’ Sharna Burgess Shares the “Only Reason” She Didn’t Get a Boob Job
SNL debuts with Pete Davidson discussing Israel-Hamas war and surprise cameos by Taylor Swift, Travis Kelce
Las Vegas Aces become first repeat WNBA champs in 21 years, beating Liberty 70-69 in Game 4
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
Midair collision between hang glider and paraglider in Utah kills 1, injures 2 others
Joran van der Sloot Sentenced to 20 Years in Prison for Extorting Natalee Holloway’s Mom
Jets trading Mecole Hardman back to the Chiefs in a deal that includes draft picks, AP source says