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Tuesday, 2 December 2025

A windfall for 'Trump Accounts'

06:58

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Also: Weight-loss drug gets cheaper ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Tue Dec 2 2025

 

Daniel de Visé Personal Finance Reporter

Good morning! It's Daniel de Visé with your Daily Money.

Remember those Trump Accounts, seeded with $1,000 of government money for every baby born in the next few years?

The size of that handout is about to grow.

Popular weight-loss drug gets cheaper

Eli Lilly just announced it has slashed the price of a leading weight-loss drug. This follows price cuts from some of its competitors. Ken Alltucker reports.

📰 More stories you shouldn't miss 📰

Some Americans are waving off holiday gifts
Is the stock market overpriced?
Guess who wants crypto for Christmas?
Costco sues for refund of tariff costs
How to prepare a car for storage

📰 A great read 📰

Finally, here's a popular story from earlier this year that you may have missed. Read it! Share it!

Every child born between 2025 and 2028 is getting a baby shower gift from Congress and the president: a $1,000 deposit into a "Trump Account."  

We're reposting that story, of course, because of the big news on Trump Accounts above. Enjoy!

Daniel de Visé covers personal finance for USA TODAY. The Daily Money breaks down complex consumer and financial news. Subscribe here.

Dell Technologies CEO Michael Dell delivers remarks at the Invest America Roundtable hosted by President Donald Trump in the State Dinning room at the White House on June 09, 2025 in Washington, DC.

Billionaire tech executive Michael Dell is contributing more than $6 billion to President Trump's accounts for newborn babies.

Eli Lilly, the pharmaceutical company behind GLP-1 injection Zepbound, is working to bring its weight loss drug to the market in pill form.
 

Eli Lilly cuts price for popular weight loss drug Zepbound

Lilly's Zepbound price cuts ranged from $50 to $100, depending on the dosage, for consumers who pay cash via the drugmaker's LillyDirect website.

FILE PHOTO: U.S. President Donald Trump presents the sweeping spending and tax legislation, known as the "One Big Beautiful Bill Act," after he signed it, at the White House in Washington, D.C., U.S., July 4, 2025.
 

'Trump Accounts' are $1,000 of free money. Here's how to claim it.

Yes, it's free money, but there are lots of other tax-advantaged savings plans. Are "Trump Accounts" a worthy investment?

Josie Bradley of Snohomish, Washington, and her family have decided not to exchange Christmas gifts this year. Bradley, shown with two of her grandchildren, said the family will spend time putting on a talent show instead.
 

Here's why some people are not buying or receiving holiday gifts

Why are some people opting out of buying and receiving gifts?

A New York Stock Exchange floor trader looking up in awe at a computer monitor.
 

It's the 2nd priciest stock market in 155 years. Too good to be true?

If things seem too good to be true on Wall Street, history shows they probably are.

Gen Z wants crypto in their stocking this year, according to a Visa survey.
 

Gen Z wants Bitcoin for Christmas. Will their Gen X parents buy it?

Gen Z wants crypto for Christmas. Crypto is "the new digital stocking stuffer," Visa announced in a new survey, released Dec. 2.

A Costco Wholesale warehouse is pictured in Northridge, California, on May 7, 2025.
 

Costco sues Trump administration for 'complete refund' of tariff costs

The wholesale juggernaut claims that importers were not guaranteed a refund if the Supreme Court rules against the Trump administration.

The Prestige Auto Spa NJ crew does an oil change at the Toms River business Monday, November 3, 2025. The full-service car wash is celebrating its fourth anniversary under new ownership.
 

Car Doctor: How to prepare your car for long-term storage, and more

Do you need a Battery Tender? How's your infotainment screen? Were you overcharged for an oil change? The Car Doctor answers your questions.

Gat Caperton, CEO of Gat Creek Furniture in Berkeley Springs, W.V., is one of several American manufacturers fighting a battle against imports. The furniture company gave USA TODAY a first-hand look at how the business is being impacted on Oct. 31, 2025.
 

Go inside American-made factories as they battle import pressures

As overseas products flood U.S. markets, meet eight of the last home goods manufacturers in America.

USA TODAY
 

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