When a new financial instrument launches and amasses assets fast, that’s usually a sign that the investment type, rather than the specific vehicle, is in high demand. The Simplify Government Money ...

Savers have come out on top over the past few years, thanks to the rate hikes conducted in 2022 and 2023 by the Federal Reserve to help tame inflation. The decisions the Federal Reserve makes for its ...

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 (formerly ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

The highest money market account rate available today is 4.35% Changes from the Fed or your bank can quickly change money ...

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.

BNY Mellon and Goldman Sachs took steps toward a more tokenized future Wednesday. The companies are letting some investors access tokenized money market funds through BNY platform using Goldman's ...

Money market ETFs invest in short-term, high-quality debt for safety. Low expense ratios are among their benefits. They generate higher yield than other short-term instruments. These ETFs are often ...