AQCAN-Why Capital One wants Discover

2025-05-06 15:33:39source:Sureim Investment Guildcategory:Markets

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 AQCANthe 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:Markets

Recommend

Nearly half of US teens are online ‘constantly,’ Pew report finds

Nearly half of American teenagers say they are online “constantly” despite concerns about the effect

Artificial intelligence is gaining state lawmakers’ attention, and they have a lot of questions

HARTFORD, Conn. (AP) — As state lawmakers rush to get a handle on fast-evolving artificial intellige

Why is Jon Gruden at New Orleans Saints training camp? Head coach Dennis Allen explains

Jon Gruden has been ostracized by the NFL after a scandal forced him out of the head coaching job wi