Business

Where to put your money during a banking crisis


This year’s market turmoil sent

Worried investors rush to cash out. But protecting your money isn’t as simple as leaving it in a cushion.

although recently stress in the banking sectorBank accounts are still the simplest place to keep cash. Balances up to $250,000 are protected by the Federal Deposit Insurance Corporation, or FDIC, at any U.S. bank.

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