JPMorgan Chase and Bank of America have decided to add their own money to a special savings plan for kids. This plan, called "Trump accounts, " gives $1, 000 to each eligible child born in the U. S. between 2025 and 2028. The banks will match this amount, doubling the initial contribution. The idea
Crypto millionaires are growing fast. In 2025, there were 241, 700 of them worldwide. That's a lot! But what if they want to borrow money without selling their crypto? Traditional banks often say no to crypto as collateral. So, what's the solution? Enter DeFi, or decentralized finance. It's a way t
AI is being sold as the magic tool to find wealthy clients. But top advisors aren't convinced. They say AI can find names and numbers, but that's just the start. The real challenge is getting these busy, wealthy people to trust you. Matthew Fleissig, CEO of Pathstone, knows this well. He manages $1
UBS, a major Swiss bank, is considering a big step into the world of cryptocurrency. They want to let some of their private banking clients invest in digital assets. This could be a game-changer for UBS, as they manage a huge amount of wealth, around $4. 7 trillion. The bank is currently looking fo
The U. S. economy is splitting in two. On one side, the wealthy are enjoying record profits and soaring stock prices. On the other, millions of Americans are struggling to make ends meet. The holiday season of 2025 highlighted this divide. While online sales hit $11. 8 billion on Black Friday, many
California is thinking about a new tax. This one targets billionaires. It's called a wealth tax. The idea is to take a small cut from their total assets. Not just income. This has sparked a big debate. Some people see it as a fair way to share the wealth. Others think it's a dangerous move. David S
In Ethiopia, a big problem stands in the way of stopping HIV from moms to babies. It's not just about having the right medicine or doctors. It's about money, or the lack of it. When women go for check-ups during pregnancy, they should get tested for HIV. This is super important to keep babies safe.
A recent survey reveals a significant divide in financial preferences between younger and older Americans. The findings indicate that younger individuals, particularly Gen Z and Millennials, are increasingly trusting and investing in cryptocurrency. In contrast, older generations, especially Baby Bo
Technology is often seen as a magic wand that creates wealth. But what if it's more like a straw, a siphon, and a sieve? These tools help us take resources from nature, concentrate them, and filter out what we don't need. But is this really making us richer, or just depleting the planet? For a long
Picking stocks that can grow over a long time is tricky. Not every company can stay strong for many years. But some can. Here are three companies that might be good for this. Amazon is one of them. It's big in online shopping. In the U. S. , it controls about 40% of the market. That's a lot. Walmar
