A CD can help you lock in a high rate or save for future goals, but a money market account offers other benefits.

Don't deposit $20,000 into either account type before calculating the interest-earning potential each offers now.

Today's top rates on a nationwide money market account are 5.25% from UFB Direct, 5.21% from Republic Bank of Chicago, and 5.05% from All America Bank and Redneck Bank.

Any reform of the $7 trillion money market funds sector should "tread carefully" and look at the broader financial system and not only the funds themselves, a global regulator said on Wednesday.

Unlike a money market deposit account at a bank, money market funds are not federally insured, but the SEC regulates them under the Investment Company Act of 1940.

Money market yield measures the annualized return on short-term, low-risk investments like Treasury bills and commercial paper. It helps investors compare the earnings potential of different money ...

During March, investors moved roughly $355 billion into money market mutual funds, according to Morningstar Direct. In the first three months of 2023, investors shifted more than $430 billion into ...