money market funds news from FierceFinance

Charles Schwab's earnings were overlooked--perhaps not a bad thing--amid the earnings releases of big banks. It ended up posting a decline in profits of 31 percent for the second quarter. The main... Read more...

The credit markets are not quite seizing up, but there is a lot of nervousness evidence by a big move into short-term Treasuries. The costs of capital are certainly rising for Corporate America.... Read more...

Quietly, this big asset manager has become a casualty of the credit crunch. The move to bailout one of its money market funds was among the final straws. Now it is reported to be considering a... Read more...

Even after the bailout of Bear Stearns, of Fannie and Freddie, and then AIG, the government has decided that it needs to do more. So what we're seeing now are extraordinary moves that are designed to... Read more...

There were a few scenarios out there that were really, really nasty. It's one thing when accredited investors take their lumps on hedge funds. But what if Ma and Pa started taking losses on their... Read more...