The highest money market account rate available today is 5.00% Changes from the Fed or your bank can quickly change money ...
Money-market account yields have slid 5 basis points since last year to an average 0.59%, according to the latest government data. But despite that low rate of return, plenty are promising as much as ...
I’m in my early 30s. There was a tragedy in my family, which resulted in me receiving a large sum of money.
Assets in money-market funds reached $7.302 trillion for the week ended Sept. 10, a record. Investors had been piling cash into these funds because of their low risk and attractive interest rates. Now ...
* Change in money market fund assets is primarily driven by flows and can be used as a proxy for net new cash flows. ICI reports money market fund assets to the Federal Reserve each week. Data for ...
U.S. investors are sitting on a pile of cash. Even with rates now coming down, many are in no rush to move it. Assets in money-market funds reached a record $7.7 trillion last week, with more than $60 ...
Celebrations over the recent passage of the Genius Act should be muted. It institutionalized cryptocurrencies in the U.S. by creating the first comprehensive regulations for stablecoins. But all too ...