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.

Trump noted many other nations have such investment funds and predicted that the U.S. could eventually top Saudi Arabia’s ...

A sovereign wealth fund is a vehicle that could use proceeds from U.S. national resources to make investments.

A newly signed executive order by President Donald Trump has sparked significant debate over the creation of a United States ...

TikTok could still not be downloaded from the Apple and Google app stores in the U.S, even after President Trump's executive ...

President Donald Trump issued an executive order aiming to temporarily halt a law requiring TikTok to sell U.S. assets or be ...

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

President Trump signed an executive order on his first day in office that halts the ban on TikTok. But is TikTok actually ...

President Donald Trump, Commerce Secretary-designate Howard Lutnick, and Treasury Secretary Scott Bessent discuss an ...

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

The latest turn in the ongoing saga over TikTok in the United States has brought the balance of power among the three ...

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