Current:Home > MyThe Daily Money: How the Capital One-Discover deal could impact consumers -Excel Money Vision
The Daily Money: How the Capital One-Discover deal could impact consumers
View
Date:2025-04-14 15:48:14
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! (9679)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Wendy Williams 'lacked capacity' when she agreed to film Lifetime doc, unsealed filings say
- Penguins announce contingency plan after Jaromir Jagr bobbleheads stolen in California
- Wide receiver Keenan Allen being traded from Chargers to Bears for a fourth-round pick
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Drew Barrymore, those menopause supplements she's raving about and what experts want you to know
- Your ACA plan's advance premium tax credit may affect your refund or how much you owe.
- Shades of Pemberley Bookstore in Alabama has a tailor-made book club for all ages
- The Super Bowl could end in a 'three
- TikTok could draw a range of bidders, but deal would face major hurdles
Ranking
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Lindsay Lohan tells Drew Barrymore she caught newborn son watching 'The Parent Trap'
- Why John Legend Called Fellow The Voice Coaches Useless After This Battle Rounds Performance
- North Korea says Kim Jong Un test drove a new tank, urged troops to complete preparations for war
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Michigan fires basketball coach, 'Fab Five' legend Juwan Howard after five seasons
- Gerald Levin, the former Time Warner CEO who engineered a disastrous mega-merger, is dead at 84
- King of the Netherlands Jokes About Kate Middleton Photo Controversy
Recommendation
A South Texas lawmaker’s 15
TikTok could draw a range of bidders, but deal would face major hurdles
Truck driver accused of killing pregnant Amish woman due for hearing in Pennsylvania
Migrants lacking passports must now submit to facial recognition to board flights in US
Could your smelly farts help science?
These Republicans won states that Trump lost in 2020. Their endorsements are lukewarm (or withheld)
Bhad Bhabie Gives Birth, Welcomes First Baby With Boyfriend Le Vaughn
US consumer sentiment ticks down slightly, but most expect inflation to ease further