Current:Home > NewsJohnathan Walker:The Daily Money: How the Capital One-Discover deal could impact consumers -VitalWealth Strategies
Johnathan Walker:The Daily Money: How the Capital One-Discover deal could impact consumers
SafeX Pro Exchange View
Date:2025-04-08 12:15:19
Good morning! It's Daniel de Visé with your Daily Money.
Capital One's acquisition of Discover adds new urgency to the question,Johnathan Walker 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! (75)
Related
- From bitter rivals to Olympic teammates, how Lebron and Steph Curry became friends
- Arkansas standoff ends with suspect dead after exchange of gunfire with law enforcement
- CAS ruling on Kamila Valieva case means US skaters can finally get gold medals
- Who is the athlete in the Olympic opening ceremony video? Zinedine Zidane stars
- Immigration issues sorted, Guatemala runner Luis Grijalva can now focus solely on sports
- Simone Biles has five gymnastics skills named after her. What are they?
- Feds: New Orleans police officer charged with fraud amid tryst with mayor
- Rafael Nadal, Serena Williams part of Olympic torch lighting in epic athlete Paris handoff
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- 'Transformers One': Chris Hemsworth embraces nostalgia as Optimus Prime
Ranking
- Illinois Gov. Pritzker calls for sheriff to resign after Sonya Massey shooting
- Gizmo the dog went missing in Las Vegas in 2015. He’s been found alive after 9 years
- Test results for Georgia schools rise again in 2024, remain below pre-pandemic outcomes
- For Falcons QB Kirk Cousins, the key to a crucial comeback might be confidence
- Tropical weather brings record rainfall. Experts share how to stay safe in floods.
- Trump returns to Minnesota with Midwesterner Vance to try to swing Democrat-leaning state
- Five American candidates who could light cauldron at 2028 Los Angeles Olympics
- Olympics 2024: Chrissy Teigen and John Legend's Kids Luna and Miles Steal the Show at Opening Ceremony
Recommendation
Tropical rains flood homes in an inland Georgia neighborhood for the second time since 2016
Arkansas standoff ends with suspect dead after exchange of gunfire with law enforcement
Megan Fox Plays the Role of a Pregnant Woman in Machine Gun Kelly's New Music Video
Gotham signs 13-year-old MaKenna ‘Mak’ Whitham through 2028, youngest to get an NWSL contract
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
Texas woman’s lawsuit after being jailed on murder charge over abortion can proceed, judge rules
Senate kickstarts effort to protect kids online, curb content on violence, bullying and drug use
TikToker Chris Olsen Tearfully Shares He’s a Victim of Revenge Porn