Current:Home > FinanceThe Daily Money: How the Capital One-Discover deal could impact consumers -WealthGrow Network
The Daily Money: How the Capital One-Discover deal could impact consumers
View
Date:2025-04-17 16:40:19
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! (9555)
Related
- Why members of two of EPA's influential science advisory committees were let go
- Woman who fell trying to escape supermarket shooting prayed as people rushed past to escape
- Will Taylor Fritz vs. Frances Tiafoe finally yield Andy Roddick successor at Grand Slam?
- 'Words do not exist': Babysitter charged in torture death of 6-year-old California boy
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Kane Brown to Receive Country Champion Award at the 2024 People’s Choice Country Awards
- A man went missing in a Washington national park on July 31. He was just found alive.
- Lee Daniels: Working on Fox hit 'Empire' was 'absolutely the worst experience'
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Georgia school shooting stirs debate about safe storage laws for guns
Ranking
- The Daily Money: Spending more on holiday travel?
- Revving engines, fighter jets and classical tunes: The inspirations behind EV sounds
- Delinquent student loan borrowers face credit score risks as ‘on-ramp’ ends September 30
- See Macaulay Culkin and Brenda Song’s Sweet PDA During Rare Red Carpet Date Night at TIFF
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Jessica Pegula will meet Aryna Sabalenka in the US Open women’s final Saturday
- Kane Brown to Receive Country Champion Award at the 2024 People’s Choice Country Awards
- How to talk with kids about school shootings and other traumatic events
Recommendation
Small twin
Mayor of Alabama’s capital becomes latest to try to limit GOP ‘permitless carry’ law
Nigerian brothers get 17 years for sextortion that led to Michigan teen's death
A man went missing in a Washington national park on July 31. He was just found alive.
A South Texas lawmaker’s 15
'A great day for Red Lobster': Company exiting bankruptcy, will operate 544 locations
Olympian Tara Davis-Woodhall Reacts to Husband Hunter Woodhall's Gold Medal Win at Paris Paralympic Games
Police say the gunman killed in Munich had fired at the Israeli Consulate