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Warren Buffett recently offered an estate-planning tip to parents: “When your children are mature, have them read your will ...

which is the largest in the world — are often funded by wealth generated from state-owned natural resources. The issue is that "natural resources in the US are mostly owned by the states," Ma said.

Northwestern professor Jeffrey Winters says he knows how to get billionaires to jump off the Forbes list of richest Americans ...

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President Donald Trump has tasked his Cabinet with coming up with a plan for a sovereign wealth fund. Such funds have grown enormously and usually manage surpluses, while the US runs a huge deficit.

WASHINGTON - President Donald Trump signed an executive action he said would direct officials to create a sovereign wealth fund for the US, following through on an idea he floated during the ...

If created, the sovereign wealth fund could place the US alongside numerous other countries, particularly in the Middle East and Asia, that have launched similar funds as a way to make direct ...

Trump signs order to create US sovereign wealth fund, eyeing TikTok purchase But the prevalence of state wealth funds and bipartisan interest in a federal version give the Trump administration a ...

President Donald J. Trump signed an executive order calling for the creation of a sovereign wealth fund for the United States that could be used to acquire Chinese-owned social media platform TikTok.

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 ...

He said Monday in the Oval Office that TikTok, which is owned by China-based ByteDance, was an example of what he could put in a new U.S. sovereign wealth fund. “We might put that in the ...