As Tax-Season Ebbs, Money-Market Funds See Return Of Inflows; Fed's Bank Bailout Fund Remains At $126BN After the prior week's almost unprecedented outflows, total money market fund assets rose last week (admittedly by a modest $9.1BN), but remain below the $6TN level ($5.97TN) as tax-season draws roll off Source: Bloomberg The flows into money-market fund assets through April 24 mainly on the back of inflows by institutional investors, which had led the tax-related decline the...
Not the ‘Dirty Dancing’ lift, but I do know a guy who tore his ACL doing that
UniCredit Bank introduces exclusive investment solutions to the Romanian market with the launch of onemarkets Fund. This platform presents a diverse array of investment solutions available to customers of UniCredit Bank Romania, along with the opportunity to leverage the extensive expertise of world leaders in mutual fund management, including BlackRock, Fidelity, Pictet, J.P. Morgan, Pimco, […]
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Archax, Ownera and The HBAR Foundation have enabled the first tokenization of BlackRock’s money market fund (MMF) on Hedera. This is a major development in the real-world assets (RWAs) industry and comes after abrdn plc tokenized its MMFs on Hedera last year. The crypto world has witnessed a historic moment in the real-world assets (RWAs) […]
Medical experts from radiologists to urologists are calling for an urgent need to reform the Canadian Task Force on Preventive Health Care for its 'outdated screening guidelines.'
The New York Times piled on the criticism of the Biden White House for dodging press interviews, saying it sets a "dangerous precedent."
Nicolai Tangen, chief executive officer of Norges Bank Investment Management, during a news conference in Oslo, Norway, on Tuesday, Jan. 30, 2024. Bloomberg | Bloomberg | Getty Images The chief
Money-Market Fund Assets See Largest Outflows Since 'Lehman' Total money-market fund assets plunged by $112BN in the last week as Tax-Day demands took the total assets below $6 Trillion for the first time sine January (to $5.97 Trillion) Source: Bloomberg Corporate taxes collected from April 11 through April 17 totaled $100.7 billion, Treasury data show. While Tax-Day's impact matters obviously, we note that this is the largest weekly drop in money-market fund assets since...
Nine months after Legislature set aside $125 million to address PFAS, funding still stalled.
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