🚀 5 Million children enrolled for Trump accounts

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Year To Date Performances:

1. The U.S. Department of the Treasury announced on Wednesday that over 5 million children have been enrolled in the new Trump accounts, a tax-deferred investment vehicle enacted under the 2025 "Big Beautiful Bill." Of those enrolled, 1.2 million babies born between 2025 and 2028 are eligible for an immediate $1,000 USD pilot program contribution from the federal government. The accounts are set to officially launch on July 4, 2026, with the Treasury reporting that several major corporations and philanthropists have already pledged to match the $1,000 USD seed deposits for qualifying families.

2. Bank of America reported record-breaking first-quarter results on Wednesday, posting its highest earnings per share in nearly two decades. The nation’s second-largest lender swept past analyst expectations with a net income of $8.6 billion USD, fueled by a 30% surge in equities trading revenue as investors repositioned portfolios amid the U.S.-Iran conflict and fluctuating energy prices. CEO Brian Moynihan characterized the American consumer as "healthy," pointing to stable asset quality and a lower-than-expected provision for credit losses as evidence of a resilient economy.

3. United Airlines CEO Scott Kirby has been privately mulling a massive industry-shaping merger since the fall of 2025. The idea has since been shared and is being evaluated by the Trump administration. Reports suggest that Kirby has discussed a potential tie-up with American Airlines, a move that would create the world’s largest carrier and fundamentally restructure the domestic market, where four airlines already control 80% of market share.

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