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Robinhood BlackRock State Street Corporation Bank of New York Mellon Vanguard

U.S. Treasury Proposes Low-Cost Investment Guidelines for Trump Accounts Aimed at Enhancing Children’s Long-Term Savings

The U.S. Treasury Department has proposed new guidelines for Trump Accounts, aiming to enhance investment options for children's long-term savings while emphasizing low-cost, efficient investment strategies. This initiative is significant as it seeks to maximize returns for families by minimizing fees associated with investments.
Merck

Analysts Morgan Stanley upgraded Merck & Co. (MRK) to Overweight and raised target price to $179, citing strong cancer drug pipeline

Morgan Stanley has upgraded Merck's stock to overweight, citing confidence in its drug pipeline to sustain growth despite the impending expiration of the Keytruda patent in 2028. The firm raised its price target for Merck shares to $179, indicating a potential 17% upside.