Trump Accounts for kids: Eligibility, $1,000 deposit

U.S. President Donald Trump speaks during an event to mark the launch of “Trump Accounts” in the Oval Office at the White House in Washington, D.C., U.S., July 6, 2026. Evan Vucci | Reuters Trump Accounts officially launched on July 4, introducing a new tax-deferred investing option for children. Unlike 529 college savings plans and…

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China’s BrainCo bets on wearable brain tech

Brain-computer interfaces, a nascent technology, establishes a direct link between human minds and devices. BrainCo Elon Musk’s Neuralink, which uses implants in people’s heads to compensate for disabilities, has become the poster child for so-called brain-computer interfaces (BCI). But some companies are betting that mass-market neural tech won’t require opening the skull at all. BCI…

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Amazon layoffs take their toll

People pass by The Spheres in downtown Seattle, Washington, on June 25, 2025. Juan Mabromata | AFP | Getty Images On an early morning in January, Jake Linsley woke up to a text from Amazon that was lighting up his phone. “I thought it was saying, ‘Your package is delayed,’” Linsley said in an interview….

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As bank earnings approach, a market anomaly emerges

Earnings season kicks off next week, and as usual, the big banks lead off. Here’s what the tape is telling me going in: for the past four weeks, financials’ relative rotation versus the broad market has been improving. Information technology — the market’s leader for as long as anyone can remember — flattened out four…

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Democrats want Trump crypto disclosure hearings

Sen. Elizabeth Warren, a Democrat from Massachusetts and ranking member of the Senate Banking, Housing, and Urban Affairs Committee, speaks to members of the media following a confirmation hearing in Washington, June 25, 2026. Graeme Sloan | Bloomberg | Getty Images Five top Senate Democrats on Friday renewed calls for hearings into President Donald Trump’s…

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Trump purges Election Assistance Commission members

U.S. President Donald Trump speaks to members of the press aboard the new Air Force One on July 8, 2026. Win Mcnamee | Getty Images President Donald Trump ousted the three remaining members of the Election Assistance Commission, with less than four months before midterm elections, the White House confirmed Friday. Democrats blasted Trump’s gutting…

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