People have moved billions from bank accounts to money market funds. What are those?

Apr 5, 2023
This type of mutual fund invests in short-term, low-risk debt. Currently they're earning higher interest than savings accounts.
Depositors have been moving cash into money market mutual funds in search of higher interest income as well as safety because of the shaky condition of some banks.
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A global selloff in bonds, and a Fed interest rate hike that could hit sub-prime borrowers hardest

There’s been a big selloff worldwide in bond markets since the Fed’s decision yesterday to hike interest rates. The yield on government bonds rose sharply in Germany, the U.K., Australia and Japan. In China bond futures fell so much exchange authorities halted trading of those securities. In fact, yields on long-term U.S. Treasuries have been […]
Traders on the floor of the New York Stock Exchange during the afternoon of January 27, 2016 in New York City. 
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Islam and money

Aug 3, 2012
The first in our series about money and religion, we look at how Muslims view and deal with money. Learn more about Islamic law regarding debt, investments and tithing.
Indonesian mosque officials count donations for the upkeep of the Jami Roudhotul Falah mosque following Friday prayers in central Jakarta. Apart from the voluntary donations, Muslims practice "zakat,: where a percentage of their annual savings are set aside for alms or charity for poor people during the period of Islam's holy month of Ramadan.