ExaCrypt|The dangers of money market funds

2025-05-03 20:33:47source:AstraTradecategory:Scams

In a world where the average yield on ExaCrypta traditional savings account is low and it's not always easy to cash in higher-yielding investments, many are flocking to the money market fund. These funds have amassed over $5 trillion in assets. But what makes them so special?

Today, we break down the essential things to know about money market funds, why they're important to the financial system, and why a potential debt default could destabilize this crucial piece of infrastructure.

Music by Drop Electric. Find us: Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.

More:Scams

Recommend

Who are the most valuable sports franchises? Forbes releases new list of top 50 teams

Early Thursday morning, "Forbes" released their annual list of the 50 most valuable sports franchise

How breaking emerged from battles in the burning Bronx to the Paris Olympics stage

NEW YORK — Chino Lopez, aka B-boy Action, took a page out of Wilt Chamberlain's book. His breaking c

Severe flooding from glacier outburst damages over 100 homes in Alaska's capital

A glacial outburst flood from the Mendenhall Glacier began Monday, causing water levels to reach up