American entrepreneur, investor, and CEO of Altimeter Capital
Fostering the Future accounts launch, offering a $1,000 seed and potential matching funds to foster children and others under 18. Governors signing on, and advocacy groups push for automatic enrollment to boost participation; analysis notes persistently poor outcomes for foster youth.
Five major U.S. egg producers have agreed to a civil settlement with the DOJ and 17 states over a scheme to inflate egg price quotations between 2022 and 2025. They will pay $3.3 million and donate 53 million eggs, with antitrust compliance measures required and court approval pending. Prices surged during the bird flu era and later cooled.
The Trump Accounts program has launched with a $1,000 federal seed for babies born 2025–2028, with additional gifts from philanthropists and employers. Morningstar finds outcomes rely on ongoing contributions and behavior, while others note possible leakage and wealth gaps. Companies are pledging matching funds and planning auto-enrollment efforts to broaden reach.
Dell shares have surged after President Trump highlighted a $6.25 billion contribution from Michael and Susan Dell to the Trump Accounts program, a tax-advantaged education and wealth-building vehicle for children. The White House event featured executives from tech and finance, with bipartisan attention on the program’s potential to broaden access to capital and ownership.