Morning Scan: Rate Hike Fallout; How to Beat the Startups

Rate Hike Winners and Losers: With a rate hike announcement seen as all but inevitable by week's end, attention has focused on who will win and who will lose when interest rates rise. The obvious winners in the Wall Street Journal's book? Asset managers and online brokers. As an example, the paper points to Charles Schwab. While the company makes a great deal of its money in trading commissions, for the first three quarters of...