In a stunning development that could reshape the Middle East and global energy markets, President Donald Trump announced late Friday that peace negotiations with Iran have reached a decisive breakthrough. Iran has publicly declared the Strait of Hormuz completely open to all commercial ship traffic for the remainder of the current ceasefire, a move Trump hailed as Tehran “capitulating on all points.”

President Trump's "Trump Accounts" initiative establishes tax-advantaged investment accounts for American children to build long-term wealth, modeled loosely on individual retirement accounts (IRAs). The program, enacted through the One Big Beautiful Bill Act, provides a one-time $1,000 government seed deposit for U.S. citizen children born between January 1, 2025, and December 31, 2028, with parents enrolling via a new IRS form during tax filing.