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“If mutual funds didn’t exist today, would they have to be invented?” asks manager John Neff of the Akre Focus mutual fund. “I think the answer is very uncomfortably ‘no.’” ...

The chairman of the White House National Economic Council said that wealthy Americans are looking to help finance the seed money for the so-called "Trump accounts" for newborns. NEC Director Kevin ...

Trump accounts are a new type of tax-deferred investment vehicle for U.S. children, created under President Trump's "big, beautiful bill" tax and spending bill, which promises $1,000 seed ...

Dell Technologies founder Michael Dell joined 'Fox & Friends' to discuss his more than $6 billion donation to fund 'Trump accounts,' the importance of financial literacy and more. GOP wins major ...

The funds will go to the government's Invest America plan. In a major philanthropic move, billionaires Michael and Susan Dell are donating $6.25 billion to deposit $250 into savings accounts for up to ...

Vanguard is allowing customers to invest in cryptocurrency exchange-traded funds and mutual funds, reversing its policy of banning such investments from its massive brokerage platform.

Tech billionaire Michael Dell and his wife Susan have pledged $6.25 billion to fund so-called "Trump Accounts." The investment accounts would be available to children in low-income zip codes. Tech ...

Michael and Susan Dell on Tuesday said they will donate $250 in so-called Trump accounts to 25 million American children, a $6.25 billion investment that the Dells said is designed to jumpstart the ...

WASHINGTON (AP) — When the children of wealthy households leave the nest, they often benefit from their parents' largesse in the form of a trust fund. Less affluent peers may receive nothing at all — ...

The proceeds must be invested in a low-cost index fund tracking a major index such as the S&P 500, and the funds are untouchable until the child turns 18. The way the bill is written, it looks as if ...

(CNN) — Michael and Susan Dell on Tuesday announced that they are donating $6.25 billion to fund investment accounts for at least 25 million American children. The enormous pledge will go toward ...