The companies are urging Congress to remove a measure from a bill that would restrict defense contractors from issuing dividends or buying back their stock. More than 40 business and industry groups have written a letter to the Senate urging action on Section 815 of the National Defense Authorization Act, a provision that would effectively
It’s a good year to be Michael Dell. His net worth exceeds $80 billion. His company’s shares are up 240% as it rides a wave of AI-powered growth. And, most importantly, Dell, 61, has found favor with perhaps the most influential man in the world: President Donald Trump. Last week, Dell laptops received a resounding
The man who headed Trump Accounts said President Donald Trump wants to automatically open accounts for all American children. In an “All-In Podcast” interview published Saturday, Altimeter Capital CEO Brad Gerstner talked about the early success of Trump Accounts and how Trump wants to increase its adoption. “In fact, the president suggested that we would
The Trump Accounts are up and running and have already raised $125 million. In an X post Thursday night, the White House wrote, “THIS is what investing in the future looks like.” “In just five days since its launch, American families have contributed nearly $125 million to Trump Accounts,” the White House wrote. Trump Accounts,
The Trump administration wants American parents to open federally backed investment accounts for their children, and billionaire CEO Michael Dell plans to sweeten the deal. Dell said he and his wife, Susan Dell, will donate $250 to the first 25 million qualifying American children who sign up for Trump Accounts. “This makes every child a
American parents will soon have another option to fund their kids’ financial futures. “Trump Accounts,” which were set up as part of the sweeping GOP-backed tax and spending law last year, will officially launch in July 2026 as an investment savings option for children. The app will go live on all major platforms on Thursday