Trump order will allow alternative assets like cryptocurrencies, private equity in 401(k)s

Key Points

President Donald Trump will sign an executive order Thursday to allow alternative assets into 401(k)s, CNBC has learned.
The executive order will direct the U.S. Secretary of Labor to review fiduciary guidance on private market investments in 401(k) and other defined-contribution plans.
An executive order would mark a major victory for private asset managers, who have pushed for greater adoption of alternative assets in defined contribution plans during Trump’s second term in office.

Source

Finance

Stocks making the biggest moves midday: Oracle, Figma, Trilogy Metals, Ford and more

October 7, 2025

Check out the companies making headlines in midday trading: Oracle — The software giant fell more than 5%, leading a reversal in tech stocks, after The Information reported its margins on its cloud business are weaker than analysts currently estimate and that it is losing money on some of its Nvidia chip deals. Figma — […]

Finance

Ray Dalio says today is like the early 1970s and investors should hold more gold than usual

October 7, 2025

Key Points Ray Dalio, founder of one of the world’s largest hedge funds, believes investors should allocate as much as 15% of their portfolios to gold. The precious metal surged to an all-time high above $4,000 an ounce on Tuesday. Dalio said gold stands apart as a hedge in times of monetary debasement and geopolitical […]

Finance

Stocks making the biggest moves premarket: Trilogy Metals, Aehr Test Systems, Dollar Tree and more

October 7, 2025

Check out the companies making headlines before the bell. Trilogy Metals — U.S.-listed shares of the Canadian minerals explorer soared more than 222% after the White House said it would take a stake in the company . The Trump administration will invest $35.6 million in Trilogy as part of a new partnership, making the U.S. […]