If it's.01% on basic savings deposits at Bank of America or, or chase, you know, like Mike, what's it going to be? I think right now the CEOs at those banks are kind of sussing out exactly what they're going to have to do. The one big competition for banks is money market mutual funds because they invest in short term securities. They're able to be much more nimbler in raising and lowering rates as need be.
Bloomberg News EV Reporter Sean O’Kane discusses Tesla signaling more price cuts ahead despite margin damage. Bloomberg News Space Reporter Loren Grush reports on SpaceX’s Starship rocket exploding shortly after liftoff on Thursday. Rachel Gerring, EY Americas IPO Leader, shares her insight on the current state of the US deals market. Bloomberg Businessweek Editor Joel Weber and Bloomberg Markets Senior Editor Mike Regan provide the details of Mike's Businessweek Magazine cover story Breaking Up With Your Bank Is Easier With 4% Savings Accounts. And We Drive to the Close with Mary Ann Bartels, Chief Investment Strategist for Sanctuary Wealth.
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