Current:Home > NewsThe Daily Money: How the Capital One-Discover deal could impact consumers -WealthMindset Learning
The Daily Money: How the Capital One-Discover deal could impact consumers
View
Date:2025-04-12 13:31:34
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! (2)
Related
- A White House order claims to end 'censorship.' What does that mean?
- Simone Biles Calls Out Paris Club for Attempting to Charge Her $26,000 for Champagne After Olympics
- Everything You Need to Create the Perfect Home Bar — Get Up To 75% Off Bar Carts & Shop Essentials
- Don’t Miss These Free People Deals Under $50 - Snag Boho Chic Styles Starting at $19 & Save Up to 65%
- Meta releases AI model to enhance Metaverse experience
- Ashanti Gives Birth, Welcomes First Baby With Nelly
- US government report says fluoride at twice the recommended limit is linked to lower IQ in kids
- Jill Duggar Gives Inside Look at Jana Duggar's Wedding to Stephen Wissmann
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Tim Walz is still introducing himself to voters. Here are things to know about Harris’ VP pick
Ranking
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Travis Kelce Scores First Movie Role in Action Comedy Loose Cannons
- FACT FOCUS: A look at claims made during the second night of the Democratic National Convention
- Thriving Miami Dolphins QB Tua Tagovailoa calls out Brian Flores for coaching style
- A South Texas lawmaker’s 15
- It Ends With Us' Brandon Sklenar Slams Critics Vilifying the Women Behind the Film
- Pumpkin Spice Latte officially back at Starbucks this week: Plus, a new apple-flavored drink
- Subadult loggerhead sea turtle returns to Atlantic Ocean in Florida after rehabilitation
Recommendation
Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
Sicily Yacht Sinking: 4 Bodies Recovered From the Wreckage By Divers
'Hard Knocks': Caleb Williams' QB1 evolution, Bears nearly trade for Matt Judon
NY state urges appeals court to uphold Donald Trump’s nearly $500 million civil fraud judgment
Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
Dance Moms’ Kelly Hyland Shares She Reached Milestone Amid Cancer Treatments
Travis Kelce Scores First Movie Role in Action Comedy Loose Cannons
1000-Lb. Sisters’ Tammy Slaton Shares Powerful Message on Beauty After Revealing 500-Pound Weight Loss