A distant view shows a mountainous landscape with sloping peaks, green trees in the foreground, and a cloudy sky above.

<a href="https://www.newsweek.com/australia-shows-what-trump-retirement-revolution-could-mean-americans-12164491" target="_blank" rel="noreferrer noopener">Australia Shows What Trump’s Retirement Revolution Could Mean for Americans | Newsweek</a>



The President continues to look to Australia for inspiration for a potential shift in the how the United States handles retirement savings in the private sector. Unlike the U.S., Australia’s retirement system uses mandatory employer-funded accounts that follow a worker from one job to the next, with supplemental savings coming from a Social Security-style plan.



<a href="https://www.reuters.com/legal/litigation/judge-blocks-colorados-first-of-its-kind-price-cap-amgens-enbrel-2026-07-01/" target="_blank" rel="noreferrer noopener">Judge Blocks Colorado&#8217;s First-of-its-Kind Price Cap on Amgen&#8217;s Enbrel | Reuters</a>



A judge has blocked Colorado from placing a price cap on the popular arthritis drug Enbrel. Colorado became the first state in the country to attempt to cap a prescription drug’s cost when the state’s Prescription Drug Affordability Board declared Enbrel unaffordable and moved to limit its price. In issuing a preliminary injunction, a federal judge said the price cap is likely to harm Amgen, the medication’s manufacturer.



<a href="https://bankingjournal.aba.com/2026/07/parents-growing-more-comfortable-talking-to-kids-about-money-u-s-bank-data-says/" target="_blank" rel="noreferrer noopener">Parents Growing More Comfortable Talking to Kids About Money, U.S. Bank Data Says | ABA Banking Journal</a>



A new survey finds that while many people report growing up in homes where money is rarely a topic of discussion, that trend appears to be shifting. According to the survey from U.S. Bank, 49% of Baby Boomers said they discussed money while growing up, versus 62% of Generation Z who said the same. In addition, a majority of current parents said they feel comfortable talking to their kids about money.



<a href="https://www.aarp.org/money/personal-finance/get-affordable-financial-advice/" target="_blank" rel="noreferrer noopener">How to Get Financial Advice You Can Afford | AARP</a>



It’s a common misconception that financial advisers are only for people with large account balances or a lot of assets to manage. While many advisers’ fees are a percentage of their clients’ assets, it’s also possible to find advisers who charge an hourly rate and can help navigate individual financial decisions instead of managing your money for you.



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News You Should Know is a digest of news from publications around the nation about finance, investing, and retirement.

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News You Should Know: Could the U.S. Adopt an Australian-Style Retirement System?