Current:Home > FinanceThe Daily Money: How the Capital One-Discover deal could impact consumers -Visionary Growth Labs
The Daily Money: How the Capital One-Discover deal could impact consumers
View
Date:2025-04-18 01:05:55
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! (5846)
Related
- Trump's 'stop
- Gabby Thomas was a late bloomer. Now, she's favored to win gold in 200m sprint at Olympics
- USA women’s 3x3 basketball team loses third straight game in pool play
- ‘He had everyone fooled': Former FBI agent sentenced to life for child rape in Alabama
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- Wyndham Clark's opening round at Paris Olympics did no favors for golf qualifying system
- Belgium pushed US women's basketball in every way possible. Why that's a good thing
- These Designer Michael Kors Handbags Are up 85% off Right Now & All Under $100
- DoorDash steps up driver ID checks after traffic safety complaints
- Behind the lines of red-hot wildfires, volunteers save animals with a warm heart and a cool head
Ranking
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- An 'asymmetrical' butt? Why Lululemon pulled its new leggings off shelves
- Carrie Underwood set as Katy Perry's 'American Idol' judge for Season 23
- On golf's first day at Paris Olympics, an 'awesome atmosphere' stole the show
- Trump wants to turn the clock on daylight saving time
- More women are ending pregnancies on their own, a new study suggests. Some resort to unsafe methods
- After Gershkovich and Whelan freed, this American teacher remains in Russian custody
- Horoscopes Today, August 1, 2024
Recommendation
Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
50 Cent addresses Diddy allegations and why he never partied with the rapper
Honolulu Police Department releases body camera footage in only a fraction of deadly encounters
Miles Partain, Andy Benesh advance in Paris Olympics beach volleyball after coaching change
The Louvre will be renovated and the 'Mona Lisa' will have her own room
CrowdStrike sued by shareholders over huge software outage
Russia releases US journalist and other Americans and dissidents in massive 24-person prisoner swap
Watch as adorable bear cubs are spotted having fun with backyard play set