Market

Money Market Funds vs. Money Market Accounts

When deciding where to save and invest, your choices will depend on your goals, time frame for saving and risk tolerance. A money market fund is one option; a money market account is another. While they sound similar, they actually work very differently when it comes to growing your money over time. Further, only one of these is insured against loss by the FDIC. Understanding the differences between a money market account and a money market fund can help you decide which one to include in your saving and investing plans.

Money Market Fund, Definition

A money market fund is an investment vehicle, rather than a deposit account. You can invest in money market funds through an online brokerage, either inside a tax-advantaged savings account like an IRA or through a taxable brokerage account.

A money market fund is essentially a type of mutual fund that holds other securities, such

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Virus Spurs Emerging Market Investors to Seek Returns in ESG

(Bloomberg) — Emerging-market investors may have identified the rare animal that offers a path to sustainable post-pandemic returns. Now they just need to find it.

The worst crisis since World War II is prompting some fund managers to rethink their strategies in a world with $13 trillion of sub-zero yielding debt and an increasing view that a V-shaped recovery is unlikely. Seeking opportunities in ESG, investments in countries and companies that are improving environmental, social and governance standards, are becoming crucial more than ever as investors navigate the pandemic-stoked market volatility.

“This is a crisis unlike anything we’ve seen and we cannot just go back to our old textbooks anymore that say ‘go buy the dip’,” said Thu Ha Chow, a money manager at Loomis Sayles Investment Asia Pte, who has been investing since Enron’s collapse. “The social and governance elements are going to be more important, but they can

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2020 graduates face uncertain job market with hope

NASHVILLE, Tenn. – If everything had gone according to plan, Missy Wood thought she’d have a job helping at-risk youths by now. 

Wood, a recent graduate of Middle Tennessee State University, saw her internship with Court-Appointed Special Advocates end abruptly in March as the COVID-19 pandemic took root in Tennessee. She started applying for jobs with the Department of Children’s Services and similar organizations in April.

By the time she graduated in May, new job postings for her chosen career had all but disappeared.

Wood is one of the thousands of graduates across the nation who face a turbulent job market amid the novel coronavirus pandemic. More than 47 million Americans have filed jobless benefit claims since the middle of March, according to the Labor Department.  

Eli Kellum, 7, climbs on the back of babysitter Missy Wood in the Kellum family's backyard in Murfreesboro on June 18, 2020, as the two play on the trampoline. Wood has been looking for work since April but has not been able to find any child-focused social work positions since graduating from MTSU in May. After the pandemic hit, job postings for her planned career seemed to disappear.
Eli Kellum, 7, climbs on the back of babysitter Missy Wood in the Kellum family’s backyard in Murfreesboro on June 18, 2020, as the
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If you don’t get more stimulus checks this summer from Uncle Sam, here’s how the stock market may react

With cities across major states such as California, Florida and Texas returning to some form of lockdown due to spiking COVID-19 cases after brief full re-openings, it’s becoming clear the U.S. economy will likely need a fresh jolt of stimulus from lawmakers.

If that stimulus isn’t received this summer the stock market — which has been blindly rallying despite growing risks of a renewed dive in economic activity because of COVID-19 —could easily fall off a cliff.

“It will be a hit, no question,” warned Belpointe Asset Management chief strategist David Nelson on Yahoo Finance’s The First Trade of the risk to stocks if more stimulus isn’t enacted. Other pros Yahoo Finance has chatted up estimate the stock market could plunge nearly 20% if lawmakers don’t enact additional stimulus.

Under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, individuals were eligible for up to $1,200 (depending on income level)

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As Big Deals Make the Rounds at the Cannes Market, a Pandemic Era of Dealmaking Takes Shape

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When this year’s Cannes market migrated online, some worried that it might have a negative impact on the business. As it turns out, it’s a lot easier to close international pre-sales when jumping from meeting to meeting means logging into various Zoom rooms, rather than squeezing through throngs of people on the Croisette. Agents and buyers say that while nothing can compare to in-person meetings at Cannes, this week’s virtual markets were productive and offered a blueprint for pandemic-era dealmaking.

In fact, if the Cannes markets are any indication, buyers are hungry for big deals, despite the uncertainty that surrounds whether audiences are comfortable returning to theaters.

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While the the country’s three largest circuits all plan to reopen all their locations in July, Warner Bros. this week pushed back for a second time the summer’s highest-profile film, Christopher Nolan’s “Tenet,”

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Cannes Delivers Big Titles, Sales & Hope but Questions Market Models

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“The Blacksmith,” “Ferrari,” “Armageddon Time” and “The Card Counter” look like market highlights of an extraordinary Cannes market, which saw its two virtual platforms delivering for a select number of big U.S. projects, amid large market caution and even fear of a second COVID-19 spike.

In the art film sector, Cannes Official Selection label titles made much of the running, with distributors lamenting that they would have loved to have seen more screened at Cannes. “Without the festival, the market was weak in terms of arthouse, because we lacked the buzz, hype and the experience of being all together in a screening room,” said Stefano Massenzi, head of acquisitions and business affairs at Italy’s distribution banner Lucky Red.

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Equally, more mainstream distributors looked for greater depth in the pre-sales market. Most everyone, however, was delighted and some even surprised that

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Cannes Virtual Market Verdict & Diversity’s Thunderbolt Moment

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Hello, and welcome to International Insider, Jake Kanter here. Well done on making it to Friday, here are the six things we want you to know about the global film and TV business this week. If you want to subscribe, sign up here.

1. Cannes Virtual Market Verdict

Will Smith
Will Smith

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Andreas Wiseman reports: The Cannes virtual market got underway this week and has largely been heralded as a success by those we’ve spoken to. There have been inevitable tech hiccups given the unprecedented nature of the undertaking but on the whole, buyers have been impressed by the volume and quality of projects and the operation itself. “It’s great to see how resourceful Cannes, the agencies and sales agents have been to make this happen,” one leading international buyer text me this morning.

Big names, big deals: Bill Murray,

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