Good morning. In this edition:

• 💵 The Trump admin’s savings plan for US babies
• 🎶 Timbaland’s new music genre
• 💪 Adult sports league takeover

Ready, Set, Go: Today’s news should be a ~4.91-minute read (1,307 words).

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"Amateurs sit and wait for inspiration, the rest of us just get up and go to work."

–Chuck Close (1940-2021)

This week, President Trump hosted a White House event to highlight a new investment plan that would give newborn US citizens $1,000 in a tax-deferred account that tracks the overall stock market.

• The proposed savings accounts—dubbed “Trump accounts”—are part of the massive Republican-backed tax and spending bill currently moving through Congress.

Million Thousand dollar baby

The plan would create index fund accounts with $1,000, funded by the government, for citizens born in the US between January 1, 2025, and December 31, 2028. To access these accounts—which would be administered by yet-to-be-determined financial institutions—at least one parent must provide a Social Security number with work authorizations.

• The child’s guardians or other private entities would be able to contribute up to $5,000/year—though there’s no cap on contributions from tax-exempt entities, such as private foundations.
• Account holders would reportedly be eligible to withdraw half of its cash value between their 18th and 25th birthdays, with tax penalties if the funds aren’t put towards education, a home down payment, or to start a small business.

But…Not everyone is convinced it’s a good idea. Some financial advisors say the “Trump accounts” are similar to existing tax-preferred savings opportunities, like 529 accounts, and actually offer worse investment incentives in many cases.

And while Americans would receive an extra $1,000, the arrangement appears to disproportionately benefit Wall Street via ongoing management fees, as well as wealthier Americans who maxed out the other opportunities and get another tax benefit, some critics argue.

The (potential) impact: The average $1,000 account would grow to ~$8,000 after 20 years, ~$69,000 after forty years, and ~$574,000 after sixty years if invested in a broad-based US equity index without any contributions or withdrawals, per a March analysis from the nonpartisan Milken Institute.

Looking ahead…The “Trump accounts,” along with the larger GOP-backed tax and spending bill, appear on track to receive congressional approval ahead of Trump’s desired July 4 deadline to sign them into law.

📊 Flash poll: In general, how do you feel about the White House and Congress’ plan to give newborn US citizens $1,000 in a tax-deferred index fund account?

• Support
• Oppose
• Unsure/other

Meet three extraordinary conservationists working tirelessly with Costa Rica's threatened wildlife. They transformed lifelong love for animals into a professional conservation mission.

• 🐒 Jeremy Levine cares for howler monkeys tragically orphaned by electrocution
• 🐢 Tracey Lemon ensures sea turtle breeding cycles continue uninterrupted
• 🦜 Vernon Arias combats scarlet macaw extinction by breeding and releasing over 200 into the wild

Together, they create hope in the face of an environmental crisis.

Get ready for another slate of commercials telling you “it's got a Hemi.” Stellantis is bringing back the engine design banned by Nascar for being too dominating.

2026 Ram 1500 pickup trucks will once again have a 5.7 liter Hemi V-8 engine option, the company announced yesterday, saying its resurrection was due to customer demand. The engine was discontinued last year amid tightening fuel economy regulations and a companywide push toward EVs.

• Hemi engines have been a company staple since the 1950s. Moving forward, Ram expects the Hemi engine option to represent 25%-40% of its 1500 pickup trucks’ sales.
• These new vehicles won’t feature the word “HEMI” on the side, as in years past. Instead, the company has created a new badge that features a ram’s head coming out of a Hemi engine that it’s calling its “Symbol of Protest.”

What is a Hemi? An engine design characterized by a hemispherical combustion chamber. This shape, where the cylinder head looks like a dome, allows for better airflow and combustion efficiency, leading to increased power and torque compared to traditional engines.

Zoom out: Ram’s Hemi resurrection comes as automakers are increasingly walking back EV plans. 71 new electric vehicle models are expected to be offered over the next four years, about half of what was forecast two years ago, according to Bank of America projections.

Timbaland, music artist and producer extraordinaire (Justin Timberlake’s "Cry Me a River", Jay-Z’s “Dirt off Your Shoulder", Missy Elliot’s "Get Ur Freak On", Beyoncé’s "Drunk in Love", etc.), last week launched Stage Zero, an entertainment company with the stated goal of blending AI with human creativity to create a new brand of music called “A-pop” (or “AI pop”).

It already has its first artist. An AI creation called TaTa (👆), driven by Suno AI, an artificial intelligence music creation program. The Grammy-award winning producer plans to handle a majority of production for this AI venture, per Billboard.

• Songs will be created via a workflow where conventionally made Timbaland demos are uploaded to the platform, extrapolated upon by Suno, and then human-written lyrics are inserted.
• Stage Zero hopes to launch many AI personas similar to TaTa, with aspirations to turn these characters into virtual influencers—TaTa will maintain a social media presence with music videos generated by AI tools—and even movie and TV stars.

“Say tata”: Backlash to the announcement was brutal and swift from fellow musicians, who say it is too late to apologize. Stage Zero’s launch comes as major labels have filed lawsuits against Suno and competitor Udio over their use of copyrighted material in AI training data.

Elsewhere…Oral arguments began this week in Getty Images’ landmark UK case against Stability AI, one of many other copyright cases involving the material upon which startups have trained chatbots.

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BUSINESS & MARKETS

• 🗣️ FanDuel is adding a 50-cent surcharge on all Illinois wagers to offset state taxes; DraftKings may follow suit. | Starbucks plans to roll out a Microsoft Azure OpenAI assistant for baristas.
• 📝 The US economy is projected to grow 1.4% this year, per a new World Bank report, a downward revision from a 2.3% projected increase in January. | A federal appeals court allowed President Trump's reciprocal tariffs to remain in effect while it reviews a lower court ruling that blocked the tariffs on grounds that Trump overstepped his authority.
• 🏆 CNBC released its 2025 list of the top-50 most disruptive companies (the “Disruptor 50”).

SPORTS, MEDIA & ENTERTAINMENT

in partnership with Veriheal

• 🏆 The BET Awards were held in Los Angeles on Monday night; Kendrick Lamar led the way with five awards.
• 🎤 K-Pop sensation BTS will have four of its seven members discharged from South Korea’s mandatory military service this week; the group plans to reunite this year for the first time since 2023.
• 📺 YouTube is relaxing its content moderation rules.

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SCIENCE, SPACE & EMERGING TECH

• 🤖 Meta CEO Mark Zuckerberg is personally assembling a “superteam” of AI experts to achieve artificial general intelligence at the tech giant, per a new Bloomberg report ($). | Snap announced its sixth generation of AR glasses, named Specs, will be released next year.
• 💻 Amazon Web Services plans to spend $20 billion on two data center complexes in PA; Gov. Josh Shapiro called it “the largest private sector investment in Pennsylvania history."
• 🌕 June’s full moon, called the strawberry moon, is at its brightest today; it’s the lowest full moon visible from the Northern Hemisphere in decades. | NASA slightly raised the odds that Asteroid 2024 YR4—once considered a risk to Earth—could hit the Moon in 2032 from 3.8% to 4.3%

US, WORLD & POLITICS

in partnership with Autio

• 🇺🇸 Anti-ICE protests were held in at least two dozen cities from coast-to-coast yesterday; it follows similar Los Angeles protests over the weekend that often turned violent, prompting the Trump admin to call in the National Guard and active-duty Marines (despite opposition from state leaders).
• 🌍 Israel deported climate activist Greta Thunberg one day after intercepting a sailboat carrying her and other activists who were attempting to take aid into Gaza.
• 🏛️ Over a dozen House lawmakers and their families made 700+ stock trades in the week after President Trump launched his sweeping “Liberation Day” tariffs on April 2, per a new Wall Street Journal analysis. | Several US agencies under the Biden admin tracked foreign nationals coming and going to Elon Musk’s properties in an investigation into possible attempts to influence Musk, sources told the WSJ.

*From our partners: 🏳️‍🌈🎧 Journey through stories of courage and progress…This June for Pride Month, Autio is highlighting narratives of LGBTQ+ trailblazers and transformative events. Stories activate seamlessly during exploration, connecting you to the movements that made history in the very places you walk through. Get started with Autio free here.

☝️ New images from NASA’s James Webb Space Telescope are detailed enough to reveal clouds in the sky of a planet ~306 light-years away

🤔 Did You Know? The Roman Emperor Nero participated in the Olympic Games in AD 67. He allegedly bribed organizers to enter, and also to hold the Olympics in an off-year to coincide with his tour of Greece. Despite a notable fall during the chariot race, Nero was declared the victor for all six events in which he competed—including three that he introduced himself—though Nero’s name was removed from the list of winners following his death a year later.

📰 Worth a Read: How adult sports leagues took over your city

🖱️ Clickbait: Think twice before you click ‘unsubscribe’

🏠🛠️ Architect Cynthia Sigler and her husband Alex Athenson are the proud new authors of The Foothill Catalog, a magazine with multiple pre-approved home designs to help victims of the Eaton Fire in California rebuild at lower costs.

🌳🥳 The USDA Forest Service just turned 120 years old. To celebrate the occasion, here are 10 fun facts about the organization.

🧘‍♀️ “Wellness rooms” are all the rage. Find out how to incorporate one into your home (or maybe just a “wellness corner”) here.

+Note: These stories previously appeared in Positive DONUT, a weekly newsletter delivering awe (and awww) inspiring stories you won't hear in the news. Sign up for free here.

How it works: We provide an incorrect stat. Then you guess whether the actual number is over or under the given value.

• 🤯 70 days: Fastest world record to count to one million.
• 🐝 3: The max number bees can count up to (with 80% success rate).
• 🔍 20%: Percentage of Google searches that have never been searched before.

💥 Crash out: Here’s a list of the best movie stunts of all time.

🌐 Explore: Ars Technica just dropped part two of its three-part series on the history of the Internet. Read it here, and/or read Part One here.

🧠 Get smarter: About sports in five enjoyable minutes with the Press Sports newsletter. No opinions or hot-takes—it’s free, witty, and designed for intelligent sports fans.

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1. 🤯 Over; 89 days.
2. 🐝 Over; 4
3. 🔍 Under; 15%.