Trump moves to develop sovereign wealth fund to 'create value for American citizens'
President Donald Trump said Monday he would create a sovereign wealth fund, a pool of assets like those that exist in other countries that can help pay out regular funds to ordinary citizens.
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Trump signs order establishing a sovereign wealth fund that he says could buy TikTok
The fund would serve as an economic development tool and perhaps be used to buy TikTok.CNBC - 1h -
5 things to know about Trump's plan to create a sovereign wealth fund
President Trump is taking steps to overhaul the way the U.S. government invests its money and change the nature of America’s financial presence abroad. The president signed an executive order ...The Hill - 1h -
Trump Orders Creation of U.S. Sovereign Wealth Fund, Says It Could Buy TikTok
It came in the form of an executive order, but it was unclear how such a wealth fund would work.Inc. - 1h -
Trump: Sovereign wealth fund could 'perhaps' do something with TikTok
President Trump signed an executive order to work towards establishing a "sovereign wealth fund," and hinted it could potentially be used to make deals with businesses like TikTok.NBC News - 3h -
Trump orders creation of a U.S. sovereign wealth fund
President Trump is directing his commerce and treasury secretaries to create what's called an American sovereign wealth fund.CBS News - 3h -
Trump signs order to create sovereign wealth fund that could buy TikTok
President decrees US treasury and commerce departments to create fund after delaying ban of ByteDance-owned app. Donald Trump signed an executive order on Monday ordering the US treasury and ...The Guardian - 3h -
Trump signs order to create US sovereign wealth fund, eyeing TikTok purchase
President Trump on Monday directed secretaries to begin a process to create an American sovereign wealth fund, suggesting it could partially own the popular app TikTok. The president signed an ...The Hill - 3h -
House Democratic Super PAC Creates $50 Million Fund Targeting Working Class
The new investment for the midterms is a shift from 2024, when the House Majority PAC’s initial funds were earmarked for battleground seats in California and New York.The New York Times - 8h -
Trump’s Deportations Only Work if Countries Agree to Take Their Citizens Back
Sending people to another country requires bilateral negotiations and diplomatic strong arming.The New York Times - 3d -
OpenAI in talks to raise funding that would value AI startup at up to $340 billion
SoftBank would contribute as much as $25 billion to OpenAI's funding round and become the largest investor.CNBC - 4d -
Schumer hits Trump over funding freeze memo reversal: 'Americans made their voices heard'
Senate Minority Leader Chuck Schumer (D-N.Y.) sharply attacked President Trump over the federal funding freeze memo and credited the American people with precipitating its reversal. “Today, we saw ...The Hill - 4d -
Trump accuses Fed, Powell of creating inflation on heels of rate decision
Trump, who appointed Jerome Powell as Fed chair, has called for lower interest rates and said the president should get a say on the Fed's rate decisions.CNBC - 5d -
What’s shielding Big Tech stocks like Nvidia in this market, according to the world’s biggest wealth fund
Managers of Norway’s Government Pension Global Fund are resigned to living with tech’s high concentration risk but say stocks like Nvidia have some bubble protection due to this one factor.MarketWatch - 5d -
World’s largest sovereign wealth fund reports record $222 billion annual profit on tech rally
Norway’s sovereign wealth fund reported its full-year earnings on Wednesday.CNBC - 5d -
U.S. Move to Suspend Mine Clearing Funds Alarms Vietnam
Large swaths of land in Southeast Asia are littered with unexploded bombs dropped by American forces during the Vietnam War.The New York Times - 5d -
A Nutrition Program for Low-Income Americans Seeks Clarity on Funding Pause
It was not immediately known how the federal funding freeze would affect W.I.C., which provides vouchers for healthy foods to low-income pregnant and postpartum women, infants and children.The New York Times - 5d -
Trump's funding freeze creates widespread confusion
The Trump administration's abrupt freeze on nearly all federal grants and loans has created widespread confusion.NBC News - 6d -
Wednesday Briefing: Trump’s Funding Freeze
Plus, renovations at the Louvre.The New York Times - 6d -
Immigration raids snag U.S. citizens, including Native Americans, raising racial profiling fears
A U.S. veteran and Americans who are Navajo have been asked for identification. Critics are complaining of racial profiling as raids and deportations increase.NBC News - 6d -
Trump's move to freeze Biden-approved funding draws howls from Democrats
Democrats are sounding the alarm over President Trump's move to freeze funding approved in two of President Biden's signature laws. Trump issued an executive order pausing the disbursement of funds ...The Hill - Jan. 27 -
Trump deportation plan creates uncertainty for undocumented U.S. farm workers
Bird flu, climate change and rising costs are just a few of the issues threatening the U.S. farming industry. Now, President Trump's mass deportation plan could add to the challenges. Nancy Chen ...CBS News - Jan. 25 -
Democrats grill Project 2025 co-author over ‘illegal’ Trump funding move
Democrats on Wednesday grilled Office of Management and Budget (OMB) nominee Russell Vought over recent executive orders made by President Trump they say “illegally” target funding authorized by ...The Hill - Jan. 22 -
Advocates rue Trump immigration plan 'calculated to create fear'
President Trump’s barrage of executive orders on immigration and border security will test his opposition’s strength in the courts of law and public opinion, and also threatens to set boundaries on ...The Hill - Jan. 21 -
Trump Executive Order Creates DOGE, Trying to Dodge Lawsuits Challenging It
The Musk-led panel looking for trillions in budget cuts and eliminating as many as a million federal jobs gets off to an evasive, rocky start.Inc. - Jan. 21 -
World's biggest sovereign wealth fund warns markets at risk from tariff-fueled inflation
"If you look at the risk to financial markets, I think inflation is for sure one, all driven by tariffs."CNBC - Jan. 21 -
A top 10 fund manager with $2 trillion in assets is being created. ‘The bigger, the better,’ says analyst.
Generali and Natixis are planning to merge to create the ninth-largest investment manager in the world by assets under management, the companies said Tuesday.MarketWatch - Jan. 21 -
Saudi wealth fund ramps up efforts to tap ETF investors
Public Investment Fund stumps up $200mn as seed investor in SSGA’s Europe-listed bond fund in support of Vision 2030Financial Times - Jan. 21 -
What’s the value of Trump’s new memecoin?
Crypto-offerings from the president and his family have worth, but not necessarily the financial kindFinancial Times - Jan. 20 -
Trump’s second act creates several firsts
Plus, Davos delegates seek collaboration, Belarus runs a predictable election and darts player Luke Littler turns 18Financial Times - Jan. 19 -
Trump-backed memecoin value tops $13bn as crypto industry hopes rise
Incoming president launched token on Friday after a Washington gala for crypto executives and politiciansFinancial Times - Jan. 19 -
Andy Roddick believes in the young Americans as they move through the Australian Open: 'It's exciting'
Roddick's 2003 US Open title is still the most recent Grand Slam trophy for American men, but there is hope on the horizonCBS Sports - Jan. 19 -
The Guardian view on Biden’s warning of oligarchy: Trump and the malefactors of wealth | Editorial
The outgoing president was right, in his farewell address, to warn of the dangers posed by the billionaires around the table. . Aristocrats are “the most difficult Animals to manage, of anything in ...The Guardian - Jan. 16 -
Trump Plans to Create an ‘External Revenue Service’ to Collect Tariffs
Despite vows to shrink the federal government, the President-elect wants to create a new agency for these taxes, even though the Commerce Department and the Customs and Border Patrol now handle ...Inc. - Jan. 15 -
Vulnerable Americans live in the shadow of COVID-19 as most move on
People with immune system health problems continue to take precautions against COVID-19 five years into the pandemicABC News - Jan. 15 -
Trump says he'll create "External Revenue Service" to collect tariffs
The federal government already collects tariffs, and deposits them in the General Fund of the United States.CBS News - Jan. 14 -
Latin American Fact-Checkers Brace for Meta’s Next Moves
So far Meta has only abandoned fact-checking in the US. If and when it expands, the move will be a major blow to the Latin American news ecosystem.Wired - Jan. 11 -
Why young Asian Americans are 40% more likely to develop allergies
A recent Stanford University study of nearly half a million California pediatric records is one of the first to look at subgroups of Asians in the U.S. to try to understand why Asian Americans are ...NBC News - Jan. 11 -
Liberal Americans consider moving to UK after Trump win, lawyers say
Advisers cite rise in US citizens weighing up emigration amid fears over introduction of socially conservative policiesFinancial Times - Jan. 10 -
AI Startup Anthropic Raising Funds Valuing It at $60 Billion
The Amazon-backed OpenAI rival was valued at $18 billion last year.The Wall Street Journal - Jan. 7
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