Current:Home > MyThe Daily Money: How the Capital One-Discover deal could impact consumers -Wealth Empowerment Academy
The Daily Money: How the Capital One-Discover deal could impact consumers
View
Date:2025-04-27 20:25:30
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! (3485)
Related
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- King Charles III Visits Kate Middleton as He Undergoes Procedure at Same Hospital
- Congo rebel group kills at least 19 people in attack on eastern town
- China doubles down on moves to mend its economy and fend off a financial crisis
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Dominican judge orders conditional release of rapper Tekashi 6ix9ine in domestic violence case
- Exotic animals including South American ostrich and giant African snail seized from suburban NY home
- 'Heartless crime': Bronze Jackie Robinson statue cut down, stolen from youth baseball field
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- LSU vs. South Carolina highlights, score, stats: Gamecocks win after Angel Reese fouls out
Ranking
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Cyprus government unveils support measures for breakaway Turkish Cypriots ahead of UN envoy’s visit
- New Hampshire veteran admits to faking his need for a wheelchair to claim $660,000 in extra benefits
- Nicole Kidman couldn't shake off her 'Expats' character: 'It became a part of who I was'
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- Winter Skincare From Kiehl's, Peter Thomas Roth & More That'll Bless Your Dry Skin From Head to Toe
- Shooting at Arlington, Texas apartment leaves 3 people dead, gunman on the loose: Reports
- Shooting kills 3 people at a Texas apartment complex, police say
Recommendation
Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
Will Biden’s Temporary Pause of Gas Export Projects Win Back Young Voters?
Martin Scorsese Shares How Daughter Francesca Got Him to Star in Their Viral TikToks
American founder of Haitian orphanage sexually abused 4 boys, prosecutor says
Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
Nursing home employee accused of attempting to rape 87-year-old woman with dementia
As US brings home large numbers of jailed Americans, some families are still waiting for their turn
Indianapolis police shoot and kill wanted man during gunfight