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Market Extra: Public pension systems don’t think they’ll earn as much from investments. Here’s why that matters

State pension systems dropped the rate of return they assume for their investment portfolios again, continuing a two-decade long trend that public-finance experts say is necessary, even as it presents some challenges for the entities that participate in such plans.

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Cannabis Watch: Trulieve buys Harvest Health in $2.1 billion cannabis deal that gives it access to Arizona adult-use market

Trulieve Cannabis Corp. said Monday it has agreed to acquire Harvest Health & Recreation Inc. in an all-stock deal valued at about $2.1 billion, the latest tie-up in a sector hoping for reforms of strict U.S. cannabis laws that would crack open capital markets.

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Futures Movers: Oil ends pennies higher as traders weigh impact of Colonial Pipeline cyberattack

Oil futures end a few pennies higher on Monday after a ransomware attack forces the shutdown of pipelines supplying around 45% of fuel to the East Coast, boosting speculation that the U.S. will have to slow its refining activities and boost imports of gasoline.

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