US President Donald Trump has taken the first step towards setting up a sovereign wealth fund for the United States and suggested that it could end up buying TikTok.

A sovereign wealth fund is a vehicle that could use proceeds from U.S. national resources to make investments.

President Donald Trump signed an executive order to create a U.S. sovereign wealth fund, aiming to support future generations ...

Funding mechanism unclear, but Trump previously mentioned tariffs as a source Biden administration reportedly explored a fund to boost global ...

President Donald Trump on Monday signed an executive order directing the U.S. to take steps to start developing a ...

President Donald Trump on Monday signed an executive order directing the U.S. to take steps to start developing a government-owned investment fund.