Could the United States soon be joining the likes of Norway, Kuwait and Mongolia in having a national reserve to invest on ...

There are over 90 sovereign wealth funds in the world. The biggest ones are owned by states with significant oil revenues and ...

Mongolia, Norway and Kuwait all have one. So too do Texas, Alaska and New Mexico. But a US fund to invest in projects of national interest needs to be free of political interference.

Speaking in the Oval Office, Mr Trump said that TikTok, which is owned by China-based ByteDance, was an example of what he ...

Greenspan was explicitly against a sovereign wealth fund, but he needn’t have worried. Over the next two-and-a-half decades the federal government paid for tax cuts, a war, more tax cuts, another war, ...

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

Giulia Carbonaro is a Newsweek Reporter based in London, U.K. Her focus is on U.S. and European politics, global affairs and housing. She has covered the ups and downs of the U.S. housing market ...

President Donald Trump has signed an executive order directing the US to take steps to start developing a government-owned investment fund that he ... Join the Irish Independent WhatsApp channel ...

President Donald Trump signed an executive order directing the U.S. to take steps to create a government-owned investment fund that he said could be used to profit off of TikTok.