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?
Africa is blessed with abundant natural resources, yet much of its wealth remains underutilized, leaving economies vulnerable ...
There are over 90 sovereign wealth funds in the world. The biggest ones are owned by states with significant oil revenues and ...
President Donald Trump on Monday signed an executive order ordering the U.S. Treasury and Commerce Departments to create a ...
President Trump is directing his commerce and treasury secretaries to create what's called an American sovereign wealth fund.
This week the US tech stock was volatile due to the emergence of Chinese AI startup DeekSeek's latest development. This led to a nearly 17% drop in Nvidia shares, where the fund holds a 1.3% stake, ...
Representative image OSLO: Norway's $1.8 trillion sovereign wealth fund, the world's largest, reported on Wednesday a record annual profit of 2.51 trillion crowns ($222 billion), driven by last year's ...
Norway’s gigantic sovereign wealth fund posted a full-year profit of 2.5 trillion kroner ($222.4 billion) on Wednesday. Norges Bank Investment Management, which manages the fund, said the ...