The Treasury and Commerce Departments are drafting a plan detailing how a federal sovereign wealth fund might be structured, ...

President Donald Trump’s order for the proposed fund calls for a plan within 90 days that details the vehicle’s purpose, ...

"promote the long-term financial health and international leadership of the United States." America's new sovereign wealth ...

PIF, chaired by Saudi Crown Prince Mohammed bin Salman, has its hands in several sports, including golf, soccer and boxing.

Around the world, thriving economies are powered by dynamic private enterprises acting as engines of growth, collaboration and resilience. In Saudi Arabia, the private sector’s role is even more vital ...

In private equity, big is not necessarily better. Smaller buyout funds tend to outperform megafunds, according to Preqin data ...

The artificial intelligence breakthrough from China's DeepSeek may turbocharge the already heated global race for AI ...

The slogan of ‘Islamic Bank’ carries a connotational interpretation that its functions are based on the principles of banking ...

Gold Spot US Dollar, Gold Futures, Crude Oil WTI Futures, Natural Gas Futures. Read Frank Holmes's latest article on ...

President Trump recently issued an executive order to develop a plan for a sovereign wealth fund. But what exactly is a sovereign wealth fund and why does Trump want one?

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...