If reports are correct that former Morgan Stanley technology banker Michael Grimes is set to lead President Trump’s planned U ...

The U.S. ran a budget deficit of $1.83 trillion for its 2024 financial year and a trade deficit of $918.4 billion in the 2024 ...

Sovereign wealth funds have been around for generations, and President Donald Trump wants the federal government to join in ...

Indonesia unveils Danantara, a sovereign wealth fund with US$900 billion AUM, set to restructure SOEs and drive economic ...

that’s literally where a fund is run with government money, meaning your money. And a lot of nations have sovereign wealth funds. It’s nothing new, but that was with Trump’s proposal or ...

Scopely said it would buy Niantic’s video game business, which includes Pokémon Go, for $3.5 billion. Saudi Arabia’s ...

a sovereign wealth fund is proportional to its economy, meaning the U.S.’s would have to be quite impressive, being the largest economy in the world. While signing the executive order ...

meaning that it doesn’t have a surplus that could be used to back a sovereign wealth fund. While the U.S. does have natural resources, that revenue will need to be used to pay the interest on U ...

Sovereign wealth funds are becoming the hottest thing in global finance. Indonesia launched its second state investment fund, the Daya Anagata Nusantara Investment Management Agency, or Danantara ...