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Trump Accounts launch July 4, giving newborns $1,000. Here's what to know

President Donald Trump is launching Trump Accounts on July 4, aiming to boost financial independence for children born during his second term

Boston Is Drinking Like It’s 1776. The Founding Fathers Would Be Proud.

JENNA RUSSELL

A summer of celebratory drinking is underway in the birthplace of the American Revolution. But however tipsy the tourists get, the founders probably had them beat.

Drones Over Europe Raise Concerns About Russian Activities

NICHOLAS KULISH AND LARA JAKES

A new study, backed up by analysts and political leaders, says frequent drone flights over NATO military assets mark a Russian campaign to probe defenses and gather information.

WATCH: Nashville gears up for 'Star-Spangled Bash'

WKRN-TV’s Danielle Breezy takes “GMA” viewers behind the scenes of how the city is preparing for “Nashville's Star-Spangled Bash,” hosted by Ryan Seacrest.

Heat wave forecast: Dangerous temps to continue into July 4 holiday

A dangerous heat wave is bringing prolonged extreme heat to more than two dozen states across the Midwest, the South and the East Coast.

WATCH: Statue of Liberty ceremony marks America’s 250th anniversary

ABC News’ Stephanie Ramos sang the national anthem at the event, which also included a flyover by the French Air Force.

Ocasio-Cortez Endorses Abdul El-Sayed in Crucial Michigan Senate Race

SHANE GOLDMACHER

The endorsement is the first in a contested Senate primary by Representative Alexandria Ocasio-Cortez this year, in a state that Democrats believe they must hold this fall to win a Senate majority.

Swifties Delight in Taylor’s Wedding Day

MALIA MENDEZ

Fans see, in the pop star, reflections of their own lives: hope, heartbreak and now, finally, happiness.

Can Companies Embrace A.I. Without Layoffs? This One Says It Is Trying to.

JIM TANKERSLEY

The German software giant SAP says it is betting that employees can reinvent jobs instead of eliminating them. Experts are divided on whether it will work.

Putin Retaliates With New Strikes After Ukraine Takes the War to Russia

PAUL SONNE

Ukraine is taking the war to Russia, but so far President Vladimir V. Putin’s response has been to keep attacking, including with deadly ballistic missile and drone strikes in Kyiv on Thursday.

U.S. Resumes Dollar Transfers to Iraq After Monthslong Suspension

RAJA ABDULRAHIM AND FALIH HASSAN

The Trump administration had halted the shipments to Iraq as part of its efforts to pressure the Baghdad government to distance itself from Iran.

U.S. Hopes for Investment in Iran Would Break With Decades of History

YEGANEH TORBATI

Senior U.S. officials have said Iran would be richly rewarded for changing its stance on the United States. Iran’s leaders have rejected such a bargain in the past.

WATCH: July 4th celebrations to have heightened security

ABC News’ Pierre Thomas reports on the latest from the FBI saying there are no credible threats to July 4th celebrations, though many will have heightened security.

What Private Credit Is, and Why Investors Are So Worried About It

ROB COPELAND

Some say the industry expanded too quickly and extended loans to companies that won’t be able to pay them back.

US soccer coach responds to World Cup red card suspension

U.S. men's soccer striker Folarin Balogun got a red card against Bosnia and automatic suspension for the next match against Belgium in World Cup round of 16.