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A major shakeup is coming to a popular tech-sector exchange-traded fund.

The newest federal holiday will see many closures.

The chief of the Philadelphia Federal Reserve on Monday said one reduction in interest rates “would be appropriate by year’s end” based on the current trajectory of inflation and the U.S. economy.

As Big Tech stocks pushed higher last week while the rest of the market lagged, the gulf between the performance of S&P 500 and its equal-weighted sibling reached a notable new extreme.

The bearish significance of current market concentration may be exaggerated

Best Buy’s stock now appears “fully charged” for a rally, said UBS’s Micheal Lasser, who on Monday became Wall Street’s most bullish analyst covering the consumer-electronics and appliances retailer.

Economists are divided between a first cut in September or waiting for December. Traders in derivative markets see the Fed cutting interest rates twice starting in September.

The Hennessy Cornerstone Mid Cap 30 Fund is highly rated and follows a fascinating stock selection methodology.

GameStop Corp.’s stock shed early gains to trade flat on Monday, as investors braced for the company’s annual shareholder meeting which will take place at 11.30 a.m. Eastern after it was delayed by technical issues last week.

Yields on U.S. government edged higher on Monday for the first time in five sessions, bolstered by the view that U.S. economic growth prospects may be stronger than realized.

Cannabist, the parent of Columbia Care, to shed workers as part of a plan to save $10 million.

The sole purpose of these large, lucrative business partnerships “is to avoid tax bills by moving assets from one pocket to another to generate deductions,” Deputy Treasury Secretary Wally Adeyemo said.