Marketplace Money for March 21-22, 2009
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The money market industry is proposing changes that would lower yields, improve safety and place restrictions on certain funds. But should you choose a money market account over a savings account? Reporter Tamara Keith asks the experts.
Tess Vigeland talks to New York Times columnist Ron Lieber about how some of the old rules about investing and managing money don't make sense during the current financial climate.
Foreclosure scammers aren't the only ones preying on the vulnerable. Online scammers, or phishers, are also prowling the Web for unsuspecting victims. Tess Vigeland talks to Jorgan Wouters of Consumer Reports about how to avoid being scammed.
Investors are adjusting the way they manage their money, but those hoping to retire soon don't have time to build back wealth. Tess Vigeland talks to financial planner Stuart Ritter about what soon-to-be retirees can do to weather the storm.