Why Capital One wants Discover

2024-12-25 10:00:34 source: category:Contact-us

Capital One Financial Corporation plans to acquire Discover Financial Services in a $35 billion deal that would combine two of the largest U.S. credit card companies. Today on the show, five big questions about the deal, and the opaque system behind every swipe, tap or insertion of your credit card.

Related:
Planet Money's TikTok on the secret behind credit card rewards

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

More:Contact-us

Recommend

What that 'Disclaimer' twist says about the misogyny in all of us

Spoiler alert! The following contains spoilers for the season finale of Apple TV+'s "Disclaimer."Not

Black man who says he was elected mayor of Alabama town alleges that White leaders are keeping him from position

A Black man who says he was elected mayor of a rural Alabama town but has been kept from taking offi

Big Agriculture and the Farm Bureau Help Lead a Charge Against SEC Rules Aimed at Corporate Climate Transparency

As drought continued to grip huge stretches of American farmland last week, decimating some crops an