President Donald Trump signed an executive order to create the United States' first sovereign wealth fund, which could be ...

US President Donald Trump signed an executive order on Monday ordering the US Treasury and Commerce Departments to create a ...

It’s not clear where the money to create the sovereign wealth fund is coming from, but Treasury Secretary Scott Bessent said the hope is to get it up within the next 12 months.

Investors were surprised by the news because the US runs a deficit and doesn’t have the finances needed for such a fund.

Trump signed an executive order Monday ordering the U.S. Treasury and Commerce Departments to create the fund. The president ...

The new wealth fund could be used to finance major government projects and fund strategic investments in critical areas like supply chains.

Donald Trump on Monday said that a newly created US sovereign wealth fund could play a part in his attempt to rescue TikTok ...

The sovereign wealth fund — a government-owned and-administered investment fund — will be the first ever established in the ...

US President Donald Trump has signed an executive order directing the creation of a US sovereign wealth fund, with plans to ...

President Donald Trump on Monday signed an executive order directing the U.S. to take steps to start developing a ...

TikTok’s tumultuous journey through legal battles reflects the growing role of digital platforms in the intensifying US–China ...