Business

Stock traders wear New Year's 2020 party glasses at the New York Stock Exchange, Tuesday, Dec. 31, 2019. Stocks slipped globally in quiet New Year's Eve trading Tuesday with many markets closed. Wall Street could close 2019 with back-to-back daily losses in a year that the U.S. posted the largest market gains since 2013. (AP Photo/Mark Lennihan)
AP
December 31, 2019 - 5:12 pm
Wall Street closed the books Tuesday on a blockbuster 2019 for stock investors, with the broader market delivering its best returns in six years. The S&P 500 finished with a gain of 28.9% for the year, or a total return of 31.5%, including dividends. The Nasdaq composite rose 35.3%. For both...
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Chinese investors monitor stock prices at a brokerage house in Bejiing, Thursday, Dec. 26, 2019. Shares are mostly higher in Asia with many world markets closed for Christmas holidays. (AP Photo/Mark Schiefelbein)
AP
December 26, 2019 - 2:33 am
TOKYO (AP) — Global markets edged higher on Thursday though trading was subdued after the Christmas holidays. Chinese markets surged after the government announced a relaxation of residency restrictions for small and medium cities that boosted property stocks. The Shanghai Composite index jumped 0...
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A man walks by an electronic stock board of a securities firm in Tokyo, Wednesday, Dec. 18, 2019. Asian shares were mostly higher Wednesday after record highs on Wall Street amid investor optimism about an interim U.S.-China trade deal announced last week. (AP Photo/Koji Sasahara)
WCCO Radio Newsroom
December 18, 2019 - 7:00 am
TOKYO (AP) — Global shares were mixed Wednesday as investor optimism fades about last week's U.S.-China trade breakthrough and all eyes turn to U.S. politics, where President Donald Trump is on the cusp of being impeached by the House. According to a tally compiled by The Associated Press,Trump is...
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FILE - In this Aug. 11, 2019, file photo a man puts his Visa card on a stack of cards for a split check at a restaurant in New Orleans. Knowledge is power when it comes to finances. Still, most people don’t know exactly where their money goes. Tracking your spending for one month will help you identify habits and spot excess expenses, says Colin Walsh, CEO of Varo, an online bank. (AP Photo/Jenny Kane, File)
WCCO Radio Newsroom
December 17, 2019 - 5:30 pm
Raise your hand if you feel confident about your finances. Not feeling it? That’s OK. Perhaps you’re among the 60% of Americans living paycheck to paycheck, or one of the 81.6 million paying off student loan debt. It’s hard to feel confident when your loan balance doesn’t seem to budge and you’re...
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A currency trader watches computer monitors near the screens showing the Korea Composite Stock Price Index (KOSPI), right, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Tuesday, Dec. 10, 2019. Asian stock markets have fallen as investors look ahead to interest rate decisions by U.S. and European central bankers and possible American tariff hike on Chinese imports. (AP Photo/Lee Jin-man)
WCCO Radio Newsroom
December 10, 2019 - 3:27 am
BEIJING (AP) — Global stock markets fell Tuesday as investors looked ahead to a U.S. tariff deadline on Chinese imports and American and European interest rate decisions. Markets also were watching for the outcome of Britain's snap election Thursday amid uncertainty over plans to leave the European...
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People shop at Macy's department store during Black Friday shopping, Friday Nov. 29, 2019, in New York. Black Friday shoppers fought for parking spots and traveled cross-state to their favorite malls, kicking off a shortened shopping season that intensified the mad scramble between Thanksgiving and Christmas. (AP Photo/Bebeto Matthews)
WCCO Radio Newsroom
November 29, 2019 - 4:03 pm
NEW YORK (AP) — Black Friday enthusiasts woke up before dawn and traveled cross-state to their favorite malls in search of hot deals, kicking off a shortened shopping season that intensified the scramble between Thanksgiving and Christmas. But the ever-growing popularity of online shopping and...
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A man walks by an electronic stock board of a securities firm in Tokyo, Wednesday, Nov. 27, 2019. Shares were mostly higher in Asia on Wednesday after a fresh set of record highs on Wall Street, spurred by encouraging signs on trade talks between the U.S. and China. (AP Photo/Koji Sasahara)
WCCO Radio Newsroom
November 27, 2019 - 2:48 am
BEIJING (AP) — World shares were mixed Wednesday after Wall Street benchmarks set fresh highs, spurred by optimism over trade talks between the U.S. and China. Investors are awaiting fresh U.S. home sales data, a key measure of inflation, and Washington’s latest quarterly estimate of economic...
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FILE - This July 14, 2010, file photo, shows a Charles Schwab office in Oakland, Calif. Charles Schwab is buying rival TD Ameritrade for $26 billion, a blockbuster deal accelerated by disruption in the online brokerage industry. The tie-up announced Monday, Nov. 25, 2019, would create a company so big, however, that it may draw sharp scrutiny from antitrust regulators.(AP Photo/Paul Sakuma, File)
AP
November 25, 2019 - 1:54 pm
NEW YORK (AP) — Charles Schwab is buying rival TD Ameritrade in a $26 billion stock swap, a blockbuster agreement brought about by massive disruption in the online brokerage industry. Bowing to competitive pressure, brokerages have made it free for customers to trade U.S. stocks online. A...
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FILE - In this Wednesday, Feb. 10, 2016 file photo, London taxis block the roads during a protest in central London, concerned with unfair competition from services such as Uber. London’s transit operator says it is not renewing Uber’s license to operate in the British capital. Uber’s license expires Monday Nov. 25, 2019. (AP Photo/Frank Augstein, File)
AP
November 25, 2019 - 7:27 am
LONDON (AP) — London’s transit authority on Monday refused to renew Uber’s license to operate, with the ride-hailing company vowing to appeal the decision as it struggles to secure its future in the British capital. It’s the latest chapter in Uber’s rocky history with London transport officials,...
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