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 ...

DAVOS, Switzerland — President Donald Trump is obsessed with saving TikTok and one solution he and his people are weighing, bankers say, is the creation of a US sovereign wealth fund to buy the ...

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 ...

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 ...