MARKET

Union Pacific to buy Norfolk Southern in a much-anticipated $85 billion deal

The combined railroads will span more than 50,000 route miles across 43 states. Source link

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‘Poof! His money could disappear’: My boyfriend is 75. His portfolio is down 4% this year. Do we fire his adviser?

“His portfolio is still down from the April slump when everybody else’s accounts have gone up.” Source link

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Chipotle’s stock slides, weighed down by weak outlook

Shares of Chipotle Mexican Grill Inc. are down more than 9% in extended trading after the company’s same-restaurant sales declined…

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They shrunk the airport lounge: Why that flight-day haven may be getting smaller

American Express and American Airlines airport lounges will soon be available in travel-sized versions. Source link

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Oracle looks to join an exclusive club as it approaches this financial milestone

Oracle’s stock rose more than 3% on Thursday, moving ever closer to a $700 billion market cap. Source link

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‘We are acquaintances, not friends’: My neighbors need somewhere to stay after a house fire. Do I say yes?

“We feel obliged to offer our house to this couple to live in while they deal with this horrible experience.”…

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How AI is going to give your financial adviser new ways to manage your money

Trusted advisers will get a new life, not a pink slip. Source link

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More tariff letters look set to hit. A Trump official says they’ll include a ‘general’ notice.

U.S. Commerce Secretary Howard Lutnick said Tuesday that another batch of tariff letters was close to going out, followed by…

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What’s in your 401(k)? Why boomers and Gen X really need to know.

Your target-date fund might have the wrong mix for you, and new alternatives could be risky. Source link

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These stocks surged as SEC chair sounds positive on ‘tokenization’ of equities

Robinhood and Coinbase shares surged after SEC Chair Paul Atkins sounded upbeat about the tokenization of stocks in an interview.…

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