Current:Home > ContactOliver James Montgomery-The Daily Money: How the Capital One-Discover deal could impact consumers -WealthSync Hub
Oliver James Montgomery-The Daily Money: How the Capital One-Discover deal could impact consumers
SafeX Pro Exchange View
Date:2025-04-08 07:58:18
Good morning! It's Daniel de Visé with your Daily Money.
Capital One's acquisition of Discover adds new urgency to the question,Oliver James Montgomery 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! (72246)
Related
- The Grammy nominee you need to hear: Esperanza Spalding
- Joe Burrow’s home broken into during Monday Night Football in latest pro
- Snoop Dogg Details "Kyrptonite" Bond With Daughter Cori Following Her Stroke at 24
- 'Unimaginable situation': South Korea endures fallout from martial law effort
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- PACCAR recalls over 220,000 trucks for safety system issue: See affected models
- Gas prices set to hit the lowest they've been since 2021, AAA says
- Military service academies see drop in reported sexual assaults after alarming surge
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Federal appeals court takes step closer to banning TikTok in US: Here's what to know
Ranking
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- KISS OF LIFE reflects on sold
- Krispy Kreme's 'Day of the Dozens' offers 12 free doughnuts with purchase: When to get the deal
- Orcas are hunting whale sharks. Is there anything they can't take down?
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Australian man arrested for starting fire at Changi Airport
- KISS OF LIFE reflects on sold
Recommendation
What to watch: O Jolie night
Rebecca Minkoff says Danny Masterson was 'incredibly supportive to me' at start of career
Biden and Tribal Leaders Celebrate Four Years of Accomplishments on Behalf of Native Americans
'Squirrel stuck in a tree' tops funniest wildlife photos of the year: See the pictures
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
New York Climate Activists Urge Gov. Hochul to Sign ‘Superfund’ Bill
Australian man arrested for starting fire at Changi Airport
Biden and Tribal Leaders Celebrate Four Years of Accomplishments on Behalf of Native Americans