The government is rallying big names to back a new savings plan for kids. The idea is to help families build a financial cushion for their children's future. The plan lets people set aside up to $5, 000 a year for each child. The money grows in index funds and can be used for college, buying a home,
Big names in finance are stepping up to support a new program for kids. Ray Dalio, a well-known investor, has promised to put money into investment accounts for children in Connecticut. This is part of a larger plan to get more people involved across the U. S. The idea is to give every child born b
A tragic plane crash has shaken the NASCAR world. Seven lives were lost when a Cessna C550 jet went down at the Statesville Regional Airport. Among the victims were former NASCAR driver Greg Biffle, his wife Cristina, and their two children, Emma and Ryder. The families of the victims released a jo
The Knight family has made a huge donation to fight cancer. They gave $2 billion to the Oregon Health & Science University's Knight Cancer Institute. This is a lot of money. It is more than double the second-biggest donation this year. Warren Buffett gave $746. 7 million to his foundation. That is a
Boston is getting a big new mental health hospital just for kids. The hospital will have 116 beds and is set to open in 2029. It will be on the campus of Franciscan Children's in Brighton, which Boston Children's Hospital bought in 2023. The hospital will treat many different mental health problems
In 2025, women faced big challenges in the workplace. Many left their jobs, and fewer companies focused on helping women move up. Online hate against women also grew, making things harder. But some women stood out and made big changes. Beyoncé, who has been on a powerful women list many times, show
The Knight Foundation, led by Phil and Penny Knight, has made a significant impact in Oregon through its philanthropic efforts. In 2024, the foundation donated a record-breaking $226 million, primarily benefiting various causes within the state. This generous giving is part of a trend, as the founda
Bridgestone Americas is making a big difference in Akron, Nashville, and Cleveland. They have teamed up with United Way to tackle serious issues like hunger and homelessness. Since 2015, they have raised over $17 million for United Way in these cities. But Bridgestone didn't stop at fundraising. Th
A financial expert recently shared his thoughts on the Giving Pledge. He pointed out that it was born out of fear during the 2008 financial crisis. Wealthy individuals wanted to avoid public anger. But, he argues, the Giving Pledge hasn't made much progress. He believes a new idea, called Trump Acc
In a move that could reshape the financial future of millions of American kids, Michael and Susan Dell have made a massive donation. They're giving $6. 25 billion to help set up investment accounts for children under 10. This isn't just any donation—it's one of the largest private commitments ever m
