US President Donald Trump announced last week the creation of the first American sovereign wealth fund. He had pledged during ...
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, ...
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?
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Could the United States soon be joining the likes of Norway, Kuwait and Mongolia in having a national reserve to invest on ...
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 ...
Though Tesla’s shares doubled over the past 12 months, they’ve had a tough run since the inauguration. Investors are waiting ...
Trump's tax plans mean good times for junkyards. Plus, Disney makes dollars, Google changes its tune, and Bitcoin takes a hit ...
As the AI summit in Paris approaches, the US administration is taking a comparatively brakes-off approach on AI regulation. Can the UK and EU forge a leadership role on AI safety?
An executive order the president signed Monday directs the secretaries of commerce and the treasury to deliver the plan ...
Tutoring programs and services are operating as normal, the organization's board of... Sovereign wealth funds invest ...
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