Trump has issued an executive order for the creation of the nation's first sovereign wealth fund, which could be used to purchase TikTok.

President Donald Trump on Monday signed an executive order directing the U.S. Treasury and Commerce departments to establish ...

Suswati Basu is a multilingual, award-winning editor and the founder of the intersectional literature channel, How To Be Books. She was shortlisted for the Guardian… We uphold a strict editorial ...

As Flip competes with TikTok Shop and other platforms in a highly competitive market, it has introduced a new creator fund that offers a unique opportunity to help it stand out. The creator fund ...

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

Trump said: 'It's a very exciting event. We're going to have a sovereign wealth fund, which we've never had. We have a lot of things that create wealth.' Treasury Secretary Scott Bessent ...

President Donald Trump signed an executive order that aims to create a sovereign wealth fund for the United States. A sovereign wealth fund (SWF) is an investment vehicle owned by a country’s ...