ALL THE MONEY NEWS YOU NEED TO KNOW | | | | | | Daniel de Visé | Personal Finance Reporter
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If you think your food bill is high, take a look at your car insurance. |
The average cost of full coverage car insurance increased by 26% to $2,543 in 2024, up $529 from a year earlier, Medora Lee reports. That's six times faster than overall inflation and more than any food item at the grocery store, including eggs, over the past three years. |
Capital One gobbles up Discover |
Bank merger news: Capital One is acquiring Discover Financial Services in an all-stock transaction valued at $35.3 billion, Gabe Hauari reports. |
Capital One shareholders will own 60% of the combined company, while Discover shareholders will own 40%. |
Discover's payments network has 70 million merchant acceptance points in more than 200 countries and territories, making it the smallest of the four US-based global payments networks, trailing Visa, Mastercard and American Express. If approved, the merger could make Discover more competitive with the bigger brands. |
📰 More stories you shouldn't miss 📰 |
And now, back to Gabe Hauari: The man has range. |
Red Lobster is offering 150 customers across the country the chance to enjoy "endless amounts of lobster," on the house. |
Starting Tuesday, Feb. 20, and while supplies last, U.S. residents will have the chance to win one complimentary two-hour seating to enjoy endless lobster at the Red Lobster of their choosing. |
Oh, wait: The offer is not actually endless. There's a maximum of 12 lobsters. If you have room for more, the 13th is on you. Read the story. |
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. | | | | Vehicle insurance prices continue to soar despite overall easing inflation trends. See which states have the highest rates and where yours ranks. | | | |  | Capital One is acquiring Discover in a deal valued around $35 billion, the companies announced Monday. | | | | If your company is undergoing financial difficulties, cutbacks, or layoffs, it may not be the ideal time to request a raise. | | | | Red Lobster is offering 150 customers the chance to win a complimentary two-hour seating to enjoy endless lobster. | | | | Taxpayers often push the limits to save on their taxes. Here are some unusual deductions the IRS has allowed taxpayers to take. Do any pertain to you? | | | | A recent survey of 2,202 adults last month showed only 4 in 10 have a nest egg, even though 74% expect to retire at 64. | | | | How do you talk to your parents about death and money? We tackle that in our Uncomfortable Conversations About Money series. | | | | Let this help you retire rich. | | | | Kim Komando help you skip the clickbait and hype with 15 tech tips you'll use every day. | | | | Omni Hotels announced its new 660-acre Omni PGA Frisco Resort in spring 2023, dubbed a "golfer's paradise" in a booming Dallas-Fort Worth suburb. | | | | |  | Sign up for the news you want | Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you. | | | | | | |
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