While savings products largely shed yields over the past year, money-market accounts have bucked the trend with averages holding at 0.66% APY over the period, according to the latest government data.
High yields, easy access, and peace of mind are making money market accounts one of the most popular financial moves of the ...
Date Money market account national average APY 12/15 0.44% 12/8 0.44% 12/1 0.44% 11/24 0.44% 11/17 0.44% 11/10 0.45% 11/2 ...
Tom Blake is a full-time finance writer and blogger who specializes in covering the banking industry, side hustles and ways to make and save more money. His work has been featured in publications like ...
While yields continue to gradually decline despite the Federal Reserve holding its benchmark rate steady since December 2024, money market accounts (MMAs) still offer competitive returns. They remain ...
Putnam Investments has joined a short but growing list of firms offering a new twist on the traditional money market fund. The Putnam Short Duration Income Fund Ticker:(PSDTX) is designed as a hybrid ...
With a background in education and a fascination with finance, Emily Batdorf writes approachable content for consumers who want to deepen their understanding of personal finance topics. She loves ...
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Learn what it takes to open a money market account Gina Young is an accomplished ...
Billions of dollars have flowed from traditional banks to money market funds in search of higher returns. These funds are supposed to be safe. But lately, things have been looking a little shaky.
According to the mutual fund industry trade group Investment Company Institute, continued upheavals in the banking industry and the unsettled economy have caused over $30.28 billion to flow into money ...
Discover how money with zero maturity (MZM) measures the liquid funds available in an economy and why it's a preferred metric ...
Money markets deal with short-term debt instruments for quick liquidity, while capital markets focus on long-term investments such as stocks and bonds to generate growth over time. When looking to ...