Wall Street Eyes the $8.8 Trillion Invested in Money-Market Funds
Podcast: WSJ What’s NewsPublished On: Thu Jan 18 2024
Description: P.M. Edition for Jan. 18. Investors poured trillions of dollars into money-market funds and other cash-like investments during the Federal Reserve’s rate-hike campaign. Now, Wall Street’s hoping they move it into stocks and bonds. Markets reporter Eric Wallerstein explains. And drugmakers have already raised prices for hundreds of drugs, in the U.S. including blockbusters Ozempic and Mounjaro. Reporter Jennifer Calfas has more. Plus, the Justice Department details “cascading failures” in the response to the 2022 mass shooting in Uvalde, Texas. Annmarie Fertoli hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices
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