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The Latest Breaking News from Trump

Trump Accounts Just Became More Attractive to Working Parents: Employers Can Contribute $2,500 Tax-Free Under New Treasury Guidance

The U.S. Treasury Department and IRS have issued new guidance that would make it easier for parents and employers to put money into Trump Accounts for children.

Benzinga

Trump administration pushes stricter oversight of food ingredients

The Trump administration proposed a new rule for food companies. This rule requires reporting new ingredients to government regulators. It aims to close a loophole allowing substances with little oversight. Health chief Robert F. Kennedy Jr. announced the proposed measure. The rule will be open for public comment and review.

The Economic Times

I'm a Financial Adviser Who's About to Have a Kid: This Is How I'll Handle Trump Accounts

Parents have a new option for getting a jump-start on their child's financial future: Where a Trump Account could fit into your financial plan.

Kiplinger

From analysis to the latest developments in health,
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Bill Ackman's next big bet is convincing Americans to fall back in love with capitalism

Also: All the news and watercooler chat from Fortune.

Fortune

Federal Judge Blocks New York ICE Mask Ban While Upholding Local Police Restrictions

A federal judge blocked New York's ICE mask ban, citing constitutional issues, while upholding state restrictions on local police cooperation with federal immigration authorities.

International Business Times UK

Trump Wanted Thousands Of Immigration Arrests A Day. ICE Is Reaching Record Numbers Of Detentions

Immigration detentions hit a monthly high in July, according to a new report.

International Business Times

Weekend Round-Up: Rivian's Q2 Triumph, Trump's AV Push, Boeing's Sudan Connection, Baidu's London Test and Ford's Q2 Results

This week was a whirlwind of news in the tech and auto sectors. From Rivian’s impressive Q2 results to Trump’s push for autonomous vehicle deployment, there was no shortage of headlines. Let’s dive into the top stories.

Benzinga

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Ross Gerber Calls Higher Oil Prices a 'Tax' on Non-EV Consumers, Says Trump Is 'Too Scared' to Escalate Iran War

Investor Ross Gerber on Thursday said that heightened oil prices amid the ongoing war with Iran have negatively impacted consumers with more costs as he casts doubt on President Donald Trump‘s willingness to escalate the situation.

Benzinga

The US agency that fights workplace discrimination just voted to stop measuring it

Republicans have moved to dismantle a 60-year-old demographic reporting system. Now the agency wants to choose what it sees

The Guardian - US

Small businesses file lawsuits against Trump's new sweeping tariffs

Trump’s tariffs are headed to court — again

The Independent UK

GOP Senator Slams Trump Media's $100K Wall Street Deal as 'Buying Access'

Trump Media faces backlash for offering Wall Street firms early access to presidential social media posts, raising ethical concerns about market fairness and preferential treatment for wealthy investors.

International Business Times UK

Trump Accounts Spark New Debate Over Social Security Privatization

Trump Accounts have suddenly dragged one of Washington’s most explosive retirement debates back into the spotlight: whether Americans should eventually direct some Social Security money into personal investment accounts. The accounts currently give eligible children a new tax-advantaged investment vehicle, but Sen. Ted Cruz’s comments have sparked questions about whether…

The Free Financial Advisor

Trump’s IRS boss spied on colleagues’ emails when he worked at JPMorgan: report

Bisignano denied allegation that he had spied on colleagues while serving as an executive of JPMorgan Chase

The Independent UK

Another AI Leader In The Trump Admin Has Quit. He Lasted Three Months

The leader of the Trump administration's AI safety and security organization has quit after three months on the job.

International Business Times

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Latin Times

Leavitt's First Briefing Back Covers the Waterfront — But Talks Around the Week's Deadliest Immigration Story

Leavitt's first briefing since maternity leave covered election hype, cooling inflation, and a betting scandal — but sidestepped the deadliest immigration story of the week.

MarketBeat

Trump Accounts: Comparing the 5 Selected Low-Cost Index ETFs

The Treasury named low-cost index funds eligible for Trump Accounts, including SPYM, IVV, VTI, SPTM, and ITOT, with SPYM as the default option at launch.

Fortune

New School economist: Trump Accounts will widen America’s wealth gaps

The $1,000 Baby Bonus is projected to grow to just $4,000 — unless you're already rich.

Benzinga

Trump's New Student Loan Law Is Quietly Blocking Public Service Workers From Loan Forgiveness— and Most Won't Know Until It's Too Late

Federal student loan borrowers pursuing Public Service Loan Forgiveness, or PSLF, are facing new eligibility rules after key provisions of President Donald Trump‘s One Big Beautiful Bill Act took effect on July 1, changing which repayment plans qualify and limiting options for some Parent PLUS borrowers.

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The Times of India

US court says Donald Trump's 'censorship' visa policy likely violates free speech

A judge has temporarily blocked a Trump administration immigration policy. This policy targeted foreign researchers and fact-checkers working on misinformation. The judge found the policy likely violated the First Amendment and APA. This ruling allows researchers to continue their important work without fear. The litigation will now proceed on the…

Reason

Tariff Refund Update [Updated]

Important progress has been made on repaying illegally collected tariffs. But serious problems remain, including some caused by the Trump Administration's efforts to keep some of the illegally collected loot.

Tom’s Guide

I tortured myself for 2 weeks with the Trump Phone — here's 3 phones under $500 that are way better

Thinking about buying the Trump Phone T1? I spent more than a couple of weeks testing it out and here three phones under $500 that are better.

International Business Times UK

Kristi Noem, Bryon Noem Divorce Soon? How ICE Barbie's Mum Reportedly Confirmed Couple's Split to the Press

Kristi Noem's mother says the former US official and her husband Bryon are heading for divorce after his alleged involvement in an online 'bimbofication' scandal.

International Business Times UK

Opening a Trump Account for Your Child? Assets Could Reduce College Aid Eligibility by 20%

Trump Accounts, with their $1,000 Treasury contributions, might affect your child's need-based financial aid eligibility by up to 20%. Learn about the implications for FAFSA and potential tax consequences.

International Business Times UK

What Is Trump Account: Should Parents Sign Up Their Kids for the New $1,000 Investment Program?

Trump Accounts offer a new savings option for children in the US, combining government funding, private contributions, and long-term investing to support future education, home buying or business ventures.

Benzinga

Trump Accounts Could Attract $100 Billion in New Private Commitments, Brad Gerstner Predicts: 'We Have Tens of Billions… We Haven't Announced'

Trump Accounts could attract more than $100 billion in additional private commitments over the next 12 months, according to Altimeter Capital founder and CEO Brad Gerstner, who said businesses and philanthropists are increasingly backing the government-backed investment program for children.

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