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Economy
Labor Dept. proposes a safe harbor allowing 401(k)s to include private assets — from private equity to crypto — if fiduciaries follow specified vetting processes.
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#retirement
#401k
#labor
#privateequity
#regulation
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Financial Markets
EOG raised its projected current tax expense for Q1 2026 to $500–$600M, citing higher crude prices tied to Middle East conflict — lifting the tax midpoint about $270M.
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#eog
#oil
#energy
#taxes
#commodities
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Industry
On April 9, Chevron warned marking derivatives, LIFO inventory and a $2–4bn working‑capital outflow could trim roughly $2.7–$3.7bn from Q1 results.
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#chevron
#oil
#earnings
#accounting
#energy
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Industry
Maersk will keep vessels on longer detours despite a US‑Iran two‑week ceasefire that could allow limited, conditional transit through the Strait of Hormuz.
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#maersk
#shipping
#straithormuz
#oil
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Economy
CEA research finds a federal ban on stablecoin yields would raise U.S. bank lending by about $2.1 billion under current conditions; worst‑case $531B.
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#stablecoin
#banks
#regulation
#fintech
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Financial Markets
Seoul’s KOSPI surged 5.8% after a U.S.-Iran two-week pause in fighting drove oil prices lower and strengthened the won, triggering a broad relief rally.
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#southkorea
#kospi
#oil
#iran
#stocks
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Financial Markets
Morgan Stanley's planned spot bitcoin trust set ticker MSBT and a 0.14% fee after seed purchases, but no official launch date has been announced.
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#bitcoin
#etf
#morganstanley
#crypto
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Industry
Neurocrine will acquire Soleno for $2.9B to add VYKAT XR, the newly approved Prader‑Willi hyperphagia drug, aiming to expand its rare‑disease portfolio.
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#biotech
#m&a
#raredisease
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Industry
Samsung projects a record Q1 2026 operating profit of about ₩57.2 trillion, driven largely by surging demand for AI memory chips.
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#samsung
#semiconductors
#ai
#memory-chips