Current:Home > MyThe Daily Money: How the Capital One-Discover deal could impact consumers -Excel Wealth Summit
The Daily Money: How the Capital One-Discover deal could impact consumers
View
Date:2025-04-14 13:24:42
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! (833)
Related
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- Air India orders a record 470 Boeing and Airbus aircrafts
- Louis Tomlinson Devastated After Concertgoers Are Hospitalized Amid Hailstorm
- Missed the northern lights last night? Here are pictures of the spectacular aurora borealis showings
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Dawn Goodwin and 300 Environmental Groups Consider the new Line 3 Pipeline a Danger to All Forms of Life
- Do work requirements help SNAP people out of government aid?
- Tens of millions across U.S. continue to endure scorching temperatures: Everyone needs to take this heat seriously
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Mod Sun Appears to Reference Avril Lavigne Relationship After Her Breakup With Tyga
Ranking
- Former longtime South Carolina congressman John Spratt dies at 82
- CNN's Don Lemon apologizes for sexist remarks about Nikki Haley
- US Blocks Illegal Imports of Climate Damaging Refrigerants With New Rules
- Q&A: Gov. Jay Inslee’s Thoughts on Countering Climate Change in the State of Washington and Beyond
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- What to know about the train derailment in East Palestine, Ohio
- Gabby Douglas, 3-time Olympic gold medalist, announces gymnastics comeback: Let's do this
- Search continues for nursing student who vanished after calling 911 to report child on side of Alabama freeway
Recommendation
Don't let hackers fool you with a 'scam
The U.S. needs more affordable housing — where to put it is a bigger battle
Amazon Shoppers Love This Very Cute & Comfortable Ruffled Top for the Summer
Don't Miss This $40 Deal on $91 Worth of MAC Cosmetics Eye Makeup
Meta releases AI model to enhance Metaverse experience
House approves NDAA in near-party-line vote with Republican changes on social issues
Nearly 30 women are suing Olaplex, alleging products caused hair loss
Want To Get Ready in 3 Minutes? Beauty Gurus Love This $5 Makeup Stick for Cheeks, Eyes, and Lips