US President Donald Trump announced last week the creation of the first American sovereign wealth fund. He had pledged during ...
Effectively, it's a government-run hedge fund that invests in assets like stocks, bonds, real estate, and infrastructure.
China’s Expanding Influence: China has financial stakes in nearly 100 ports worldwide, while the US has virtually none. Lea ...
Could the United States soon be joining the likes of Norway, Kuwait and Mongolia in having a national reserve to invest on ...
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.
The Treasury and Commerce Departments are drafting a plan detailing how a federal sovereign wealth fund might be structured, ...
"promote the long-term financial health and international leadership of the United States." America's new sovereign wealth ...
President Trump recently issued an executive order to develop a plan for a sovereign wealth fund. But what exactly is a sovereign wealth fund and why does Trump want one?
Trump also said that if this fund goes through, the money in it could be used for something like buying TikTok. The app’s ...
Bill Holdings tried to break out ahead of earnings. The IBD 50 stock plunged 30% on earnings on Friday, triggering a sell ...
The U.S. government has a large trade deficit and budget deficit, thus unable to fund a National Crypto stockpile and a ...