Morning Business Report: Trump expands 401(k) investment options as companies boost office attendance

President Trump has signed an executive order allowing more investment options in 401(k) retirement plans.

(LILAMAX) – President Trump has signed an executive order allowing more investment options in 401(k) retirement plans. Beyond traditional stocks and bonds, savers can now include alternative assets like cryptocurrency, real estate, and private companies. While this could potentially boost returns, it also introduces additional risks. Financial experts recommend consulting multiple advisors before making changes and checking for any adjustments to fees.

Meanwhile, companies are increasing efforts to monitor and enforce office attendance at the highest rate seen in five years. A recent survey by CBRE found nearly 75% of 184 companies have met their attendance goals, up from 61% last year. More businesses are also planning to expand their office spaces rather than reduce them.

On Wall Street, stocks closed mixed Thursday amid new tariffs going into effect. Imports from nearly 200 countries now face duties ranging from 10% to 50%, impacting markets.

In corporate news, Restaurant Brands International, the parent company of Burger King and Popeyes, reported a decline in profits due to rising commodity prices, particularly beef, and increased restaurant expenses. However, international sales remain strong.

Speaking of restaurants, Chick-fil-A has unveiled its fall menu, bringing back its popular Cherry Berry drinks for a second year. The chain is also launching the Pretzel Cheddar Club Sandwich nationwide after a successful test run in Raleigh, North Carolina last spring.