The payments, part of the new domestic policy law, are for U.S. citizens born this year through 2028. The idea is that the money in the accounts will have many years to grow.

Official ONS data will arrive on Wednesday - though before inflation figures, ONS revealed today that the UK economy ...

Educational, rewarding and child-friendly: These are the 5 best savings accounts for kids and teens CNBC Select's top picks help parents teach their children about the value of a dollar early on.