To keep your spare cash growing, consider placing it in a high-yield savings account or investing in securities with strong return potential. Letting your money sit idle is a missed opportunity to ...

BOSTON (CBS.MW) -- Money market funds are losing ground to federally insured brokerage-sweep accounts, where assets now top $350 billion, a study released Monday said. Bank sweep-account assets, which ...

BNY Pershing’s plans to create a new charge on client cash held in accounts of RIAs that custody with Pershing and broker-dealers that use it for clearing are taking shape, with senior industry ...

The U.S. Securities and Exchange Commission has officially closed its yearlong investigation into Morgan Stanley’s cash sweep practices in advisory accounts—without recommending any enforcement action ...

The Federal Reserve has increased its benchmark interest rate nine times since the start of 2022. That makes mortgages, credit cards and other types of debt more expensive. But it also increases the ...