Current:Home > reviewsThe Daily Money: How the Capital One-Discover deal could impact consumers -ProfitPoint
The Daily Money: How the Capital One-Discover deal could impact consumers
View
Date:2025-04-16 18:34:43
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! (43)
Related
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- We never got good at recycling plastic. Some states are trying a new approach
- Record-breaking heat, flooding, wildfires and monsoons are slamming the world. Experts say it's only begun.
- The U.S. may soon export more gas to the EU, but that will complicate climate goals
- Senate begins final push to expand Social Security benefits for millions of people
- How can we tap into the vast power of geothermal energy?
- Ukraine can join NATO when allies agree and conditions are met, leaders say
- Joe Alwyn's Next Film Role After Taylor Swift Breakup
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Biden's climate agenda is stalled in Congress. In Hawaii, one key part is going ahead
Ranking
- Rylee Arnold Shares a Long
- Cary Elwes Addresses Possibility of a Princess Bride Reboot
- Russia suspends Black Sea Grain Initiative with Ukraine, says it will return when deal is implemented fully
- The Best Coachella Style Moments Deserving of a Fashion Crown
- Where will Elmo go? HBO moves away from 'Sesame Street'
- Vacuuming carbon from the air could help stop climate change. Not everyone agrees
- Russia says Ukraine killed 2 in attack on key bridge linking Crimea with Russian mainland
- Democrat Gavin Newsom to face Republican Brian Dahle in California race for governor
Recommendation
Bill Belichick's salary at North Carolina: School releases football coach's contract details
Why Jennifer Garner and Ben Affleck's Kids Are Not on Social Media
Kourtney Kardashian Receives Late Dad Robert Kardashian’s Wedding Ring in Emotional BTS Moment
Never Have I Ever: Find Out When the 4th and Final Season Premieres, Plus Get Your First Look
Nearly half of US teens are online ‘constantly,’ Pew report finds
Another Game of Thrones Prequel Series Officially Coming to HBO: Get the Details
An unexpected item is blocking cities' climate change prep: obsolete rainfall records
A Canadian teen allegedly carved his name into an 8th-century Japanese temple