CJ Papa

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Articles

Capital One to acquire Discover in $35B deal, creating largest U.S. credit card company

Feb 20, 2024 | newsbreak.com | CJ Papa

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Capital One to acquire Discover in $35B deal, creating largest U.S. credit card company

Feb 20, 2024 | youralaskalink.com | CJ Papa

A mega-merger will marry two of the largest credit card companies in the United States. "If you want to compete head-to-head with AmEx, this is how you do it," said Harris Financial Group managing partner Jamie Cox. Capital One has agreed to buy Discover Financial Services in a $35 billion all-stock deal. The merger would create the largest U.S. credit card company by loan volume.
Surge in 'buy now, pay later' spending raises concerns among financial experts

Dec 6, 2023 | youralaskalink.com | CJ Papa

Keeping up with the Joneses and clicking the "buy" button a lot. The five days from Thanksgiving to Cyber Monday generated a total of $38 billion in online spending, reflecting a 7.8 percent growth. Financial expert Rachel Cruze says: "I mean, it's a really, it's a mind game, right? I mean, I do this when I check out online.