The Charles Schwab Corporation

TAP, Inc. introduced a unified platform combining digital wallet, multi-asset investing, and asset registry services, leveraging blockchain technology to enable more transparent and secure financial transactions across consumer, commercial, and government sectors.

The article compares Roth and Traditional IRAs, highlighting key differences in tax treatment and recommending investors strategically choose based on current and expected future tax brackets. The primary advice is to minimize total taxable income and consider potentially contributing to both types of accounts.

Charles Schwab reported impressive Q3 earnings with 70% year-over-year earnings growth, beating analyst estimates. The company saw record client assets of $11.6 trillion and strong revenue increases across multiple business segments.

FINRA voted to overhaul the Pattern Day Trading (PDT) rule, potentially removing the $25,000 minimum account balance requirement for same-day trades. This change could boost retail trading volumes and benefit certain brokerages and trading platforms.

Bank of America, Morgan Stanley, and Schwab reported earnings that topped analyst estimates. Bank of America's stock rose, while Morgan Stanley and Schwab fell in premarket trades despite topping projections. The updates come on the heels of favorable deal-making and market activity reported by other big banks.