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Blending entertainment with money (Arab News)
JEDDAH: Investing in small-scale entertainment ventures is one of the most common practices of some youths during the month of Ramadan, especially in the southern districts of Jeddah.
Government steps to head off run on money funds (AP via Yahoo! News)
The federal government on Friday stepped in to bolster the teetering $3 trillion money-market mutual fund industry and stem a wave of withdrawals that resembled a Depression-era run on the banks ? sparked largely by panicked institutional clients rather than individual investors in what are normally considered to be the safest of investments.
Rushing to save money-market funds (CNN Money)
Coming to the rescue of a bedrock of American investing, the Treasury Department and the Federal Reserve took three big steps Friday to shore up the $3.3 trillion U.S. money-market fund industry.