CAI Community|Why Capital One wants Discover

2025-04-30 10:52:50source:John Caldwellcategory:My

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 CAI Communitythe 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:My

Recommend

Meet first time Grammy nominee Charley Crockett

Country music singer Charley Crockett was born and raised in Texas, grew up in a single-wide trailer

Thousands of protesters in Armenia demand the prime minister’s resignation over Azerbaijan dispute

YEREVAN, Armenia (AP) — Thousands of protesters in Armenia angered by the government’s decision to h

Video shows bus plunge off a bridge St. Petersburg, Russia, killing 7

A bus swerved through traffic, veered off a bridge and plunged into a river on Friday in St. Petersb