Newborn Investment Accounts Proposed in Federal Legislation

A new federal proposal aims to provide every newborn American child with a tax-deferred investment account seeded with a $1,000 government contribution. The initiative, part of a broader legislative package, is designed to promote long-term financial security and early market participation.

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PM Modi Highlights AI Governance, Ethics, and Global Cooperation at Paris Summit

Indian Prime Minister Narendra Modi addressed the AI Summit in Paris, emphasizing the significance of artificial intelligence and the necessity of addressing biases within AI systems. He highlighted the importance of global collaboration to establish governance frameworks and standards for the responsible development and deployment of AI. The Prime Minister also underscored the need for investment in skilling and reskilling the workforce to adapt to an AI-driven future. He reaffirmed India’s commitment to contributing to AI advancements by sharing its experience and expertise to ensure that AI benefits all of humanity in a responsible and inclusive manner.

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