Capital One - Discover merger: What we know and how it impacts you
Capital One's acquisition of Discover for $35.3 billion will have a major impact on consumer and financial services once the deal is finalized. Here's what you need to know.
Capital One's acquisition of Discover for $35.3 billion will have a major impact on consumer and financial services once the deal is finalized. Here's what you need to know.
Capital One to purchase Discover Financial for $35 billion
Capital One Financial is buying Discover Financial Services for $35 billion, in a deal that would bring together two of the nation’s biggest lenders and credit card issuers.
Capital One Financial is buying Discover Financial Services for $35 billion, in a deal that would bring together two of the nation’s biggest lenders and credit card issuers.
How attacks in the Red Sea are cramping global trade; what it means for retailers
The cost to ship a standard 40-foot container from China to northern Europe has jumped from $1,500 to $4,000, according to the Kiel Institute for the World Economy in Germany.
The cost to ship a standard 40-foot container from China to northern Europe has jumped from $1,500 to $4,000, according to the Kiel Institute for the World Economy in Germany.
Bread market expected to skyrocket, make big gains by 2027
A research firm predicts that the global bread market will gain $118.37 billion in value by 2027.
A research firm predicts that the global bread market will gain $118.37 billion in value by 2027.
Great wealth transfer is underway in US — to women
A McKinsey & Company study released in 2020 found women are set to control much of the unprecedented $30 trillion in assets held by baby boomers by the end of the decade.
A McKinsey & Company study released in 2020 found women are set to control much of the unprecedented $30 trillion in assets held by baby boomers by the end of the decade.
US home prices hit a new record high in November
US home prices rise again in November as inventory shortage persists
US home prices rise again in November as inventory shortage persists
Atlanta-based UPS announces plan to cut 12K jobs worldwide
Atlanta-based United Parcel Service Inc. is planning to cut 12,000 jobs worldwide and explore the sale of its Coyote truck brokerage business in response to soft demand and higher union labor costs in 2023.
Atlanta-based United Parcel Service Inc. is planning to cut 12,000 jobs worldwide and explore the sale of its Coyote truck brokerage business in response to soft demand and higher union labor costs in 2023.
US fourth quarter GDP beats expectations and recession odds
Real GDP increased at an annual rate of 3.3% for the October-through-December period after rising 4.9% in the third quarter of 2023, according to the BEA's advance estimate released Thursday.
Real GDP increased at an annual rate of 3.3% for the October-through-December period after rising 4.9% in the third quarter of 2023, according to the BEA's advance estimate released Thursday.
Housing is expensive for a record half of American renters, study shows
A new Harvard analysis reveals soaring housing costs put a financial strain on millions of renters, with prices spiking during the pandemic.
A new Harvard analysis reveals soaring housing costs put a financial strain on millions of renters, with prices spiking during the pandemic.
Mortgage rates drop to lowest level since last spring: Freddie Mac
With home prices and interest rates falling, the housing market is becoming slightly more affordable this year.
With home prices and interest rates falling, the housing market is becoming slightly more affordable this year.
Major bank announces elimination of 20,000 jobs after losses
Citigroup announced a net loss of $1.8 billion in the fourth quarter.
Citigroup announced a net loss of $1.8 billion in the fourth quarter.
New Kentucky bill could exempt diapers from state's sales tax
For weary parents rolling up their sleeves for diaper duty, a bill in Kentucky would deliver tax relief when purchasing a necessity that adds up to a big expense.
For weary parents rolling up their sleeves for diaper duty, a bill in Kentucky would deliver tax relief when purchasing a necessity that adds up to a big expense.
Lower gas prices expected in 2024 and weather, geopolitics could play role
Analysts said growing oil production in the U.S., as well as greater inventories, could lead to prices falling by at least 15 cents through the year.
Analysts said growing oil production in the U.S., as well as greater inventories, could lead to prices falling by at least 15 cents through the year.
US national debt nears $34 trillion; majority of voters say economy is in bad shape
The U.S. government’s total debt was fast approaching $34 trillion as of Friday afternoon, according to the latest numbers from the U.S. Treasury.
The U.S. government’s total debt was fast approaching $34 trillion as of Friday afternoon, according to the latest numbers from the U.S. Treasury.
Housing affordability plummeted to lowest level on record in 2023
Just a fraction of homes for sale in 2023 were affordable for the typical American
Just a fraction of homes for sale in 2023 were affordable for the typical American
Gen X advised to ‘stop spending’ due to largest retirement savings wealth gap of any generation
Economist argues less spending equals a 'milder’ recession.
Economist argues less spending equals a 'milder’ recession.
Federal Reserve nears victory over historic inflation, defying predictions of recession
The cost of goods — such as used cars, furniture and appliances — has fallen for six straight months.
The cost of goods — such as used cars, furniture and appliances — has fallen for six straight months.
Rent prices show biggest decline in more than 3 years, Redfin report says
Redfin says its the biggest annual price drop in rents since 2020.
Redfin says its the biggest annual price drop in rents since 2020.
Federal Reserve holds key interest rate steady, anticipates three rate cuts next year
The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time.
The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time.
How much do stamps cost now? Here’s what you will spend to send out holiday cards amid inflation
Still need to send out your holiday cards? It will cost you more this year.
Still need to send out your holiday cards? It will cost you more this year.