What’s in your wallet?

Marketplace

English - February 21, 2024 00:02 - 26 minutes - 11.8 MB - ★★★★★ - 7.5K ratings
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Previous Episode: Can we break out of the mortgage lock-in effect?

Next Episode: Neel Kashkari and the Fed’s inflation fears

If a $35 billion deal goes through, Capital One will purchase Discover and become the nation’s largest credit card issuer. But the bank isn’t in it for credit debt — it’s in it for Discover’s payments system. Also in this episode: why Walmart had strong sales last quarter and how states are preparing for a potentially contentious Election Day. Also, is the post-lockdown travel boom still on?