Unbiased AI-powered news
Total assets in U.S. money market funds declined during the week ended June 10. The decrease followed a period of steady inflows earlier in the year.
forbes.comTotal assets held in U.S. money market funds fell by $21.48 billion during the week ended June 10, reaching $7.87 trillion. The decline reversed recent gains recorded in prior weeks. Officials tracking the sector noted the shift in a weekly data release.
Weekly asset movement The reported drop marks the first weekly decline after several weeks of net inflows. Market participants monitor these figures as an indicator of short-term cash positioning. No further details on specific fund categories or investor types were provided in the release.
Single source — no framing comparison available.
Top stories every evening. Bias-free. Ranked for relevance.
ForbesMariska Hargitay will host the 78th Emmy Awards live on NBC and Peacock. The ceremony takes place at L.A. Live’s Peacock Theater at 8 p.m. ET. It is the first time in 15 years a woman has hosted the show.
The GuardianU.S. stock markets declined Wednesday after renewed U.S. strikes on Iran and comments from President Trump declaring the ceasefire over. Oil prices jumped more than 5 percent while the Federal Reserve signaled possible rate increases.
theconversation.comIranian state media reported that two of three power lines serving Chabahar have been restored after an interruption. The third line is expected to return to service shortly.