Money market funds are a key tool for conservative investors and short-term cash management—here’s how they work and when ...
The highest money market account rate available today is 4.22% Changes from the Fed or your bank can quickly change money market rates Online banks typically offer the most competitive yields on the ...
Money market accounts combine the features of checking and savings accounts and are FDIC- or NCUA-insured up to $250,000 per depositor. Money market funds aren’t federally insured or regulated, but ...
The average money-market account pays just 0.59% this month, according to the latest government data. And while those already low returns are 5 basis points less than where they were last year, some ...
The Federal Reserve’s rate cut will reduce investor returns, yet money market funds remain a good deal, our columnist says. By Jeff Sommer Jeff Sommer writes Strategies, a weekly column on markets, ...
The MarketWatch News Department was not involved in the creation of this content. -- 68 per cent of Canadians are confident that they will be able to afford their life milestones, such as retirement, ...