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International Business Times

Politics

Bruce Golding

Mark Cuban Calls Plans By Trump, Biden To Create US Sovereign Wealth Fund 'Stupid'

Mark Cuban United States Donald Trump Joe Biden Kamala Harris Deficit White House

Mark Cuban (standing R) reacts during Game 4 of the NBA's Western Conference finals in Dallas on May 28, 2024. (Credit: Tim Heitman/Getty Images)

Billionaire entrepreneur Mark Cuban is blasting bipartisan plans floated by former President Donald Trump and White House officials to create an American sovereign wealth fund.

"A Sovereign Wealth Fund, while a country is running a deficit, is stupid. Period, end of story," Cuban wrote on social media Saturday.

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Ukrainians and Sudanese Keep TPS Protections as Salvadorans Face Similar Limbo

Ukrainians and Sudanese Keep TPS Protections as Salvadorans Face Similar Limbo

Ukrainian and Sudanese immigrants covered by Temporary Protected Status will retain their deportation protections and work permits beyond the programs' scheduled Oct. 19 expiration, according to CBS News, entering the same uncertain wait that Salvadorans have faced since their own deadline passed last month.

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CDC expects COVID-19, flu, and RSV hospital peaks near last winter's level as flu rises early on the West Coast. What the numbers mean for families.

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Adult Measles Case in Virginia Prompts Harrisonburg Exposure Alert as Symptom Window for Exposed People Opens October 19

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Houston Pharmacy Behind Recalled Compounded Tirzepatide Vials Drew 14 FDA Inspection Observations, Including Exposed Skin and Research-Grade Ingredients

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Ukrainians and Sudanese Keep TPS Protections as Salvadorans Face Similar Limbo

Ukrainians and Sudanese Keep TPS Protections as Salvadorans Face Similar Limbo

Ukrainian and Sudanese immigrants covered by Temporary Protected Status will retain their deportation protections and work permits beyond the programs' scheduled Oct. 19 expiration, according to CBS News, entering the same uncertain wait that Salvadorans have faced since their own deadline passed last month.

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Sweet corn can turn dark after home canning even when it was processed correctly; natural compounds can react with iron and air to create the unexpected colour

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The Economic Times

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