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‘Trump accounts’ promise to mint child millionaires. Experts have their doubts

President has hyped growth of federal investment accounts to help US children – for his own political gain Since returning to the White House, Donald Trump has scrapped rules that made childcare more affordable and pushed to cut funding for the nation’s public schools . But with midterm elections fast approaching and his approval ratings very low, the US president has repeatedly trumpeted a two-month-old program designed to help the nation’s children. That program, unhumbly named “ Trump accounts ”, calls for the federal government to give a one-time $1,000 seed deposit to every newborn whose family applies. In campaign speeches this summer , Trump has sought to milk these accounts for maximum political advantage, making big promises about how much these accounts will help the nation’s children. In a speech in Las Vegas last month, Trump hailed the program, saying: “It’s really giving [children] a head start on the American dream… They start off with $1,000 … and they can end up with $100,000, $200,000, $300,000” and if the stock market booms, “you’d end up with $1m”. Continue reading...

The GuardianThe GuardianSteven Greenhouse13 Sept

‘Trump accounts’ promise to mint child millionaires. Experts have their doubts

President has hyped growth of federal investment accounts to help US children – for his own political gain Since returning to the White House, Donald Trump has scrapped rules that made childcare more affordable and pushed to cut funding for the nation’s public schools . But with midterm elections fast approaching and his approval ratings very low, the US president has repeatedly trumpeted a two-month-old program designed to help the nation’s children. That program, unhumbly named “ Trump accounts ”, calls for the federal government to give a one-time $1,000 seed deposit to every newborn whose family applies. In campaign speeches this summer , Trump has sought to milk these accounts for maximum political advantage, making big promises about how much these accounts will help the nation’s children. In a speech in Las Vegas last month, Trump hailed the program, saying: “It’s really giving [children] a head start on the American dream… They start off with $1,000 … and they can end up with $100,000, $200,000, $300,000” and if the stock market booms, “you’d end up with $1m”. Continue reading...

The GuardianThe GuardianSteven Greenhouse13 Sept

Ryan Garcia v Conor Benn: WBC welterweight championship – live updates

Garcia defends WBC welterweight title against Benn Rivals collide at T-Mobile Arena in Las Vegas Send Bryan an email with your thoughts on the fight Hello and welcome to Las Vegas, where Ryan Garcia and Conor Benn will meet tonight for the WBC welterweight championship in a main event that offers a revealing snapshot of boxing in 2026. Four years ago Benn’s career was thrown into limbo after two positive drug tests scuppered his blockbuster fight with Chris Eubank Jr. Two years ago Garcia was serving a one-year suspension after testing positive for ostarine around his career-best victory over Devin Haney , a result subsequently overturned to a no-contest . Tonight they will each collect an eight-figure payday beneath the lights of T-Mobile Arena, with reports putting the combined purse at around $30m. Few sports are better at turning yesterday’s scandal into tomorrow’s main event. Continue reading...

The GuardianThe GuardianBryan Armen Graham13 Sept

Benn and Garcia turn past scandals into a $30m Las Vegas world title payday

Fight offers revealing snapshot of boxers once facing uncertain futures after positive drug tests now vying for a welterweight world championship Four years ago Conor Benn’s career was thrown into limbo after two positive drug tests scuppered his blockbuster fight with Chris Eubank Jr. Two years ago Ryan Garcia was serving a one-year suspension after testing positive for ostarine at the time of his greatest victory. On Saturday night they will each be rewarded with an eight-figure payday when they meet at T-Mobile Arena in Las Vegas for Garcia’s WBC welterweight championship. The purses have not been disclosed, although reports have put the combined pot at around $30m with each fighter expected to haul in roughly $15m (£11m). Continue reading...

The GuardianThe GuardianBryan Armen Graham11 Sept

Kyle Larson to honor Kyle Busch with throwback paint scheme at Las Vegas

The No. 5 Hendrick Motorsports Chevrolet will have a unique paint scheme for the October 4 NASCAR Cup Series race at Las Vegas Motor Speedway. Kyle Larson will race a throwback scheme in honor of the late Kyle Busch, who drive the No. 5 HMS Chevy from 2005 through 2007. Busch drove a yellow/blue/red Carquest and Kellogg's car, which Larson will replicate with the only real difference being ... Keep reading

Motorsport.comMotorsport.com10 Sept