Finance

Markets, economy, and industry.

  1. Economy

    Labor Department Proposes Safe Harbor to Let 401(k)s Include Private Assets

    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.

    · #retirement #401k #labor #privateequity #regulation

  2. Financial Markets

    EOG Doubles Q1 2026 Tax Outlook to $500–$600 Million After Oil Rally

    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.

    · #eog #oil #energy #taxes #commodities

  3. Industry

    Chevron Warns Accounting ‘Timing Effects’ and Working‑Capital Outflow Could Cut Billions From Q1 Results

    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.

    · #chevron #oil #earnings #accounting #energy

  4. Industry

    Maersk Keeps Ships on Longer Detours Despite Two‑Week Ceasefire for Strait of Hormuz

    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.

    · #maersk #shipping #straithormuz #oil

  5. Economy

    White House Analysis: Ban on Stablecoin Yields Would Add Only Modest Bank Lending

    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.

    · #stablecoin #banks #regulation #fintech

  6. Financial Markets

    KOSPI Rockets 5.8% as U.S.-Iran Two-Week Ceasefire Eases Oil Fears

    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.

    · #southkorea #kospi #oil #iran #stocks

  7. Financial Markets

    Morgan Stanley's Bitcoin Trust Nears Launch After Two 'Audit Seed' Shares Sold

    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.

    · #bitcoin #etf #morganstanley #crypto

  8. Industry

    Neurocrine to Buy Soleno for $2.9 Billion, Picks Up Prader‑Willi Drug VYKAT XR

    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.

    · #biotech #m&a #raredisease

  9. Industry

    Samsung Forecasts Record Quarterly Profit as AI Memory Chips Boom

    Samsung projects a record Q1 2026 operating profit of about ₩57.2 trillion, driven largely by surging demand for AI memory chips.

    · #samsung #semiconductors #ai #memory-chips