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The Independent UK

Io Dodds

What is Trump's planned sovereign wealth fund and how could it buy TikTok?

TikTok Donald Trump ByteDance United States

Donald Trump on Monday signed an executive order that did not for once focus on freezing government budgets or implementing the tenets of Project 2025.

The order directed the Treasury and the Commerce Department to develop a plan for establishing a sovereign wealth fund, which Trump hopes will one day rival that of Saudi Arabia.

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Top stories on inkl right now

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Police appear to have been taken by surprise by scale of looting that began after protests turned violent in Paris and other cities

The Guardian - UK

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The Independent UK

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

Already a member? Sign in here

Winter Hospital Peaks From COVID-19, Flu and RSV Expected Near Last Season's Level as Early Flu Activity Climbs

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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