NEW YORK, June 10 (Reuters) – U.S. money market fund assets decreased by $24.84 billion to $4.668 trillion in the week ended June 9, the Money Fund Report said on Wednesday. Taxable money market fund assets decreased by $24.31 billion to $4.534 trillion, while tax-free assets decreased by $530.30 million Continue Reading
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US money market assets increased in latest week: iMoneyNet
NEW YORK, May 13 (Reuters) – U.S. money market fund assets increased by $26.28 billion to $4.716 trillion in the week ended May 12, the Money Fund Report said on Wednesday. Taxable money market fund assets increased by $27.02 billion to $4.581 trillion, while tax-free assets decreased by $740.60 million Continue Reading
Your Money: Stimulus check confusion? Common questions, answered
NEW YORK (Reuters) – In a little over a year, when Americans file their 2020 tax returns, much of what is going on with coronavirus-linked stimulus payments will finally add up. FILE PHOTO: FILE PHOTO: U.S. currency is seen in this picture illustration taken March 6, 2020. REUTERS/Mike Segar/Illustration Until Continue Reading
Your Money: Why you might be afraid to spend your stimulus check
NEW YORK (Reuters) – If you got your stimulus payment this week from the IRS and it is still in your account, are you afraid to spend it? FILE PHOTO: A local store is shuttered due to the outbreak of the coronavirus disease (COVID-19) in Matawan, New Jersey, U.S., April Continue Reading
Your Money: Coronavirus fears shake Yale economist Robert Shiller
NEW YORK (Reuters) – In scary times like these, it is comforting to talk to someone who has seen and studied a lot of things – booms, busts, and everything in between. FILE PHOTO: Robert J. Shiller, Sterling Professor of Economics at Yale University attends a session at the annual Continue Reading
Your Money: Ditch the Resolution – Do a year-end review instead
NEW YORK(Reuters) – It is hardly a secret that people rarely stick to New Year’s resolutions – only about 8% of people actually make it to the finish line with their goals, according to studies from the University of Scranton, in Pennsylvania. FILE PHOTO: U.S. one hundred dollar notes are Continue Reading
Fallout from money manager Kenneth Fisher’s remarks tops $1 billion in lost assets
BOSTON (Reuters) – Fallout from Kenneth Fisher’s alleged insensitive remarks about women escalated on Friday when a large Iowa pension plan cut ties with the money manager, whose firm has lost more than $1 billion in assets under management in the last week. The Iowa Public Employees’ Retirement System was Continue Reading
Your Money: Big companies explore virtual care to curb healthcare costs
NEW YORK (Reuters) – Big companies are increasing incorporating virtual technology and care options into employee benefit plans to combat the rising healthcare costs that long been corporate America’s bugaboo, according to the annual survey of the National Business Group on Health. FILE PHOTO: Nurse Health Practitioner Rachelle Quimpo (C) Continue Reading
YOUR MONEY: Retirement reform wants more of your tax dollars now
NEW YORK (Reuters) – Saving for retirement is such a lofty goal that the U.S. government has always been willing to give tax incentives to encourage people to do more of it. FILE PHOTO: An employee counts U.S. dollar bills at a money exchange office in central Cairo, Egypt, March Continue Reading
Your money: Cosigning a student loan? Be prepared to pay
NEW YORK (Reuters) – Is your college-bound child a good credit risk? FILE PHOTO: Messages and artwork are pictured on the top of the caps of graduating students during their graduation ceremony at UC San Diego in San Diego, California, U.S. June 17, 2017. REUTERS/Mike Blake/File Photo Consider this very Continue Reading