Charles Schwab Buys TD Ameritrade in Brokerage Blockbuster

NEW YORK — Charles Schwab is buying rival TD Ameritrade in a $26 billion stock swap, a blockbuster agreement accelerated by massive disruption in the online brokerage industry. Competitive pressure has already forced brokerages to make it free for customers...
Photo of New York Stock Exchange

US Stocks Climb Amid Signs of a Thaw in US-China Trade War

Stocks marched broadly higher on Wall Street in midday trading Monday after President Donald Trump claimed China was willing to reopen talks on the costly trade war that has roiled markets and dimmed the outlook for global economic growth. "It always seems ...
Photo of trader Brandon Barb working on the floor of the stock market

US Stocks Steady After Plunge, but Caution Reigns

NEW YORK — Stocks around the world remained stuck in the spin cycle Thursday, as worries about a possible recession collided with hopes that the strongest part of the U.S. economy — shoppers spending at stores ...
Photo of specialist James Denaro at the New York Stock Exchange

US Stock Indexes Slide as China’s Currency Hits 11-Year Low

NEW YORK — U.S. stocks nosedived in morning trading on Wall Street Monday as China's currency fell sharply and stoked fears that the trade war between the world's two largest economies would continue escalating. China let its currency, the yuan, sink to an ...