A sovereign wealth fund often serves as a vehicle to invest a government’s budget surplus. The U.S. doesn’t have that luxury.

Relations between Ukrainian President Volodymyr Zelenskyy and U.S. President Donald Trump deteriorated rapidly Wednesday as Zelenskyy said Trump was living in a Russian-made ...

Not to be outdone, the Philippines created its own state-owned investment vehicle, the Maharlika Wealth Fund. After a few ...

President Trump’s proposal to create a U.S. sovereign wealth fund is flawed, as it would not generate new wealth and would ...

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.

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?

In a virtual address given to the World Economic Forum in Davos, President Trump promised to make the United States the “world capital of artificial intelligence and crypto.” On the same day ...

Kyle Peterson: President Trump signs an executive order to set up a U.S sovereign wealth fund, maybe even to buy TikTok. Meantime, the DOGE effort to streamline the government gets put on ...

For a country that is rolling in debt, this seems like an odd time to be planning a sovereign wealth fund. Yet President Trump has ordered one up for America, with specifications due within three ...

ANDY MILLS (AM): So, President Donald Trump wants a sovereign wealth fund. On behalf of some of our readers who might not know what that is, can you enlighten us? AM: Experts say that a sovereign ...