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.

When President Cyril Ramaphosa defended the policy on X, Elon Musk, the Pretoria-born tech billionaire who is currently ...

Tucked into the stack of the more than 50 executive orders President Trump has signed since taking office is the plan to ...

The Treasury and Commerce Departments are drafting a plan detailing how a federal sovereign wealth fund might be structured, ...

Tiger Woods abruptly withdrew from the Genesis Invitational at Torrey Pines on Monday, saying he was still processing the ...

The U.S. dollar strengthened after Trump's announcement on steel and aluminum tariffs. The USD Index has maintained its recovery, CIMB said. Upcoming tariffs are likely to focus on the European Union ...

The era of foreign investment being seen as a ‘privilege’ in New Zealand could be over. Prime Minister Christopher Luxon ...

The Irish once flocked across the Atlantic in search of the American Dream. Now it has come to them. Thanks to tax revenues ...

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

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, ...

Fueled by England and Saudi Arabia, clubs spent a record $2.35 billion on international transfer deals in a booming January ...

In a joint statement, commissioner Jay Monahan, Tiger Woods and Adam Scott say that having Trump involved "brought us closer to a final deal" with the Saudi sovereign wealth fund.