The White House launches America's first federal sovereign wealth fund. The initiative positions the US to compete with global government investment powerhouses.

New York Times business editor Ellen Pollock sent out the following on Tuesday: Hi all — We have had a bunch of folks take on ...

Confluence Investment Management LLC disclosed the purchase of Northern Trust shares, adding $8.21 million to its position ...

The presiding judge says Rosmah Mansor’s previous corruption conviction should not affect the damages awarded to her in the defamation case.

Fintech: Fintech remains one of the most capitalized sectors, with companies like Stripe, Klarna, and Revolut raising ...

By her 2.30am start time, most fans had called it a night, meaning the 83,000 capacity Superdome venue was nearly empty when ...

Trump told Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick they had 90 days to present him with a plan ...

Reid Rasner lost in a U.S. Senate race and has offered few details in support of his multibillion-dollar bid, but has won over the Rushmore State’s governor.

The statement was light on details, but Trump said that TikTok could be “put in” the possible sovereign wealth fund, to preserve access to the popular short-form video app in the United States. “Other ...

TikTok is one of the options the fund could do. “We might put that in the sovereign wealth fund, whatever we make or we do a partnership with very wealthy people, a lot of options," Trump said.

Trump orders creation of US sovereign wealth fund, says it could buy TikTok Treasury Secretary Scott Bessent told reporters the fund would be set up within the next 12 months.

A sovereign wealth fund (SWF) could help save TikTok by providing the financial resources needed for a potential acquisition or investment, according to a Washington Post report.