Money market funds aim to maintain a net asset value, or NAV, of $1.00, while providing a high level of current income. Other ...

The move by BNY Mellon and Goldman Sachs could signal a growing acceptance of blockchain technology in traditional finance. As two of the world’s largest financial institutions embrace this technology ...

Money market ETFs and mutual funds are not protected by the Federal Deposit Insurance Corp. (FDIC) like bank accounts are.

Goldman Sachs and BNY Mellon are tokenizing money market funds to stay competitive as stablecoin adoption surges. JPMorgan ...

The yield investors get from money-market funds has been declining as the date of an expected interest-rate cut from the ...

Bank of New York Mellon Corp. and Goldman Sachs Group Inc. are collaborating to use blockchain technology to maintain an ...

Tokenized money market funds by Goldman Sachs and BNY Mellon could lead a shift toward real-time asset mobility and ...

Billionaire hedge fund manager Bill Ackman, known for bold macro calls and running Pershing Square Capital Management, recently weighed in on rising cash levels in the market. In a post on X ...

A CD can help you lock in a high rate or save for future goals, but a money market account offers other benefits.

US money market funds recently eclipsed $7 trillion in assets for the first time. Deborah Cunningham, CIO of Federated Hermes, explains the popularity of this simple, conservative investment vehicle.

As money-market funds swell, critics say fat yields are taxpayer subsidized Money-market fund stress could ‘put everyday Americans at risk,’ SEC Chair Gensler says By Chris Matthews Follow ...

Money market funds are mutual funds that only invest in money market securities and aim to maintain a unit price of $1, passing all interest earned onto investors in monthly dividend payments.