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RCMP Raids Accounting Firm Tied to Smith Government Appointee Amid Procurement Probe

                        RCMP officers at the office of accounting firm Jaberson & Associates in Edmonton on Thursday. An accounting firm owned by a government appointee under Alberta Premier Danielle Smith has been searched by the RCMP as part of a widening investigation into procurement irregularities within the province’s health system. The search is one of several conducted this week as federal officers executed multiple warrants connected to allegations of misconduct in Alberta Health Services contracting.  The probe has intensified scrutiny on companies linked to senior figures associated with the Smith government. RCMP officers were also seen at the Edmonton headquarters of MHCare Medical Corp., a firm at the centre of the broader procurement controversy that has persisted for more than a year. Police confirmed the execution of multiple warrants but declined to provide further details, citing the ongo...
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S&P 500 and Nasdaq Set to Jump as Nvidia Surge Continues


US stock indexes are poised for gains early today as Nvidia’s record-breaking surge continues. The tech-heavy Nasdaq Composite futures lead the way, up about 0.7%, while S&P 500 futures point up around 0.4%. This follows the S&P 500’s 31st record close of the year on Tuesday.

Nvidia’s meteoric rise has captured investors’ attention, with its stock up more than 170% so far this year. Just two weeks after dethroning Apple as the No. 2 most valuable company, Nvidia now claims the title of the world’s most valuable public company, surpassing Microsoft.

Elsewhere, global central banks are in focus, with the Swiss National Bank cutting rates for the second time this year. The Bank of England maintains its benchmark rate at a 16-year high but signals a potential rate cut in the summer. In the US, traders continue to bet on a Fed rate cut by September.

Keep an eye on weekly jobless claims data today for further insights into the macroeconomic landscape.


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