Capital One’s purchase of Discover faces political and regulatory hurdles

Ramsey Solutions personality Jade Warshaw talks about young people living with their parents, ‘buy now, risk later’ and how to best diversify your stock allocation. Capital One is moving ahead with plans to buy Discover Financial, but the proposed takeover is expected to face significant opposition from regulators, and whether the deal actually goes through […]
Capital One’s purchase of Discovery faces political and regulatory hurdles

Ramsey Solutions personality Jade Warshaw talks about young people living with their parents, ‘buy now, risk later’ and how to best diversify your stock allocation. Capital One is moving ahead with plans to buy Discover Financial, but the proposed takeover is expected to face significant opposition from regulators, and whether it actually goes through depends […]
Hawley urges blocking Capital One acquisition of Discover

Sen. Josh Hawley, R-Missouri, called on Jonathan Canter, assistant attorney general of the Justice Department’s Antitrust Division, to end Capital One’s planned acquisition of Discover. “This is the most disruptive corporate merger of all time. If completed, this merger will create a new behemoth in the credit card market that will take unprecedented robbery from […]
How Capital One’s acquisition of Discover could impact consumers

Portfolio Wealth Advisors President and Chief Information Officer Lee Munson talks about the expected earnings releases of major banks, the Federal Reserve’s interest rate cuts, and gives his outlook for the market this year. Following Capital One’s announcement earlier this week of its plans to acquire Discover, there are already opposing views on whether the […]
This tool can help you pay a 0% tax rate on capital gains

Taxpayers who sold some investments last year may be able to take advantage of an often overlooked tool to reduce their tax liability and qualify for a 0% tax rate. Long-term capital gains have three tax rates based on income: 0%, 15%, and 20%, and the wealthiest Americans are subject to a 3.8% Medicare surcharge. […]
Texas suspect in Audrii Cunningham disappearance charged with capital murder

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How Capital One's buying Discover may mean more luxury perks for you – USA TODAY

Experts say customers can expect a flurry of new benefits if Capital One’s $35 billion acquisition of Discover Financial Services goes through. The acquisition will give Capital One access to Discover’s high-credit customers and network of payment processing services, an area dominated by Visa and Mastercard. As the number of premium customers increases, Capital One […]
Capital One-Discover merger could put a bigger squeeze on credit card users, experts warn – NBC News

capital ones $35.3 billion acquisition deal Discover is far from complete. But consumer advocates and some lawmakers are already raising questions about how the proposed merger could affect credit card users, many of whom already have high interest rates. and under pressure from record debt. Sen. Elizabeth Warren (D-Massachusetts) has long supported stronger financial regulation. […]
Democrats blast ‘dangerous’ Capital One-Discover merger

The proposed merger between Capital One and Discover quickly drew pushback from some Democratic lawmakers and consumer advocacy groups, who argued that the partnership could reduce competition and increase rates and costs for consumers. . Senate Banking Committee Chairman Sherrod Brown (D-Ohio) said, “When it comes to mergers of this size, regulators need to do […]
Capital One to buy Discover for $35 billion in deal that combines major US credit card companies – ABC News

NEW YORK — Capital One Financial announced it will acquire Discover Financial Services for $35 billion. The deal would combine two U.S. credit card companies and could revolutionize the payments industry, dominated by Visa and Mastercard. . Under the terms of the all-stock transaction, Discover Financial shareholders will receive approximately $140 worth of Capital One […]