ALL THE MONEY NEWS YOU NEED TO KNOW | | | | | Daniel de Visé | Personal Finance Reporter
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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. |
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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. |
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. | | | | Capital One's acquisition of Discover could mean fancy airport lounges, better service and perks for consumers but little actual cash savings. | | | | | The youngest baby boomers, born in the era that spawned Beatlemania, have less retirement wealth than older generations. | | | | The parent company behind the viral Stanley tumblers has been sued for allegedly failing to disclose the presence of lead in the cups sooner. | | | | Starting Feb. 16, Aldi is offering its new California Heritage Collection, a lineup of wines priced under $5. | | | | KFC announced Wednesday it is introducing a fried chicken-pizza hybrid, the Chizza. It hits menus nationwide starting Feb. 26. | | | | Tax Day, or the deadline to file taxes is April 15 this year, although you can request an extension. | | | | Walmart announced today that it bought the TV manufacturer Vizio in a deal worth billions, but Vizio still has 45 days to back out of the merger. | | | | Vehicle insurance prices continue to soar despite overall easing inflation trends. See which states have the highest rates and where yours ranks. | | | | If your company is undergoing financial difficulties, cutbacks, or layoffs, it may not be the ideal time to request a raise. | | | | 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? | | | | | | 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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