Background on that Capital One-Discover deal

Published: Feb. 20, 2024, 3:45 p.m.

b'

Once upon a time, Sears department stores were everywhere. A subsidiary of Sears launched the Discover card in 1986. It wasn\\u2019t unusual for department stores to offer their own credits cards, but the Discover card was accepted by other merchants. Today, we’ll hear a brief primer on the history that predated the recently announced Capital One-Discover purchase. Plus, China slashes mortgage rates, and northeastern Spain faces tough water restrictions.

'