The US doesn't run a surplus like most sovereign wealth funds. But Trump's order refers to trillions in existing assets.

President Trump said the entity would focus on cutting government waste and slashing federal regulations, and he put tech ...

Elon Musk's rapid takeover of two U.S. government agencies has enabled the South African-born billionaire to exert ...

Should the U.S. create a sovereign wealth fund in line with President Donald Trump's executive order this week, it would be an unusual one among those already established by other countries.

Democrats are railing against Elon Musk’s efforts to gut federal agencies and recent access to the federal government’s payment system.

Congress is proving little match for the Department of Government Efficiency as wary lawmakers watch it march through the ...

President Trump said the entity would focus on cutting government waste and slashing federal regulations, and he put tech ...

Forcing Palestinians to leave the enclave would be “a straightforward crime against humanity,” an Oxford professor said. It ...

Allowing the merger to proceed would help both companies, bolster our relationship with an important ally, and strengthen the ...

Democratic lawmakers continue to protest tech billionaire Elon Musk’s sweeping influence over government decisions and material, with protests, proposed legislation and other attempts to obstruct ...

Marcus Jordan, 34, the son of NBA legend Michael Jordan, was arrested in Central Florida, according to law enforcement.

Bloomberg reporters answer questions about Trump's EU tariff threats and the impact it could have on markets in a Live Q&A at 8 a.m. EST/1 p.m. GMT. Listen here.