Charles Schwab

The Robinhood investment app appears on a smartphone in this photo illustration. Day trading has surged during the coronavirus pandemic as stay-at-home people try buying and selling stocks, often for the first time.

National

He Thought Day Trading Would Be A Thrill. He Ended Up Losing $127,000

9:10am December 08, 2020

by Jim Zarroli

With millions stuck at home, more and more people are trying day trading. Most will end up losing money, studies show, while troubling cases of addiction are also on the rise.

Queue Listen Now

Brokerage giant Charles Schwab said Monday it will acquire competitor TD Ameritrade in an all-stock transaction valued at $26 billion. A Schwab office in Oakland, Calif., is seen here.

National
Economy

Charles Schwab To Buy TD Ameritrade, Creating Brokerage Behemoth

2:35pm November 25, 2019

by Laurel Wamsley

Changes are rippling through the financial services market as trade fees drop to zero. The merger will likely attract antitrust scrutiny, as the combined firms will hold $5 trillion in client assets.