U.S. stocks edged lower as investors navigated a mix of rising oil prices, corporate earnings signals, and shifting expectations around Federal Reserve policy. The Dow, S&P 500, and Nasdaq all turned down after early gains, reflecting a market grappling with geopolitical tensions and inflation concerns. Indexes Pull Back All three major indexes slipped roughly between 0.3% and 0.6%, giving back some of the previous session’s momentum. The downturn followed renewed volatility in energy markets and cautious sentiment around consumer spending. Oil Prices Add Fresh Pressure Crude prices extended their sharp rally, driven by heightened worries over a potential U.S.–Iran conflict. Brent crude climbed above $71 per barrel, while West Texas Intermediate hovered near $66 — its biggest daily jump since October. Rising energy costs revived inflation concerns and weighed on equities. Walmart Earnings in Focus Walmart posted stronger‑than‑expected results, but its cautious pro...
Media Revelation Spurs Probe: Premier Smith Addresses Health Contract Allegations
Alberta Premier Danielle Smith stated during a recent press briefing that she first learned of the allegations concerning irregularities in health service contracts through media reports The claims allege that political interference influenced the approval process for private healthcare contracts at Alberta Health Services (AHS), as detailed in a letter from the former AHS CEO .
During the briefing, Premier Smith maintained her confidence in the health minister and denied any involvement in the alleged wrongdoing. She announced that her office has promptly coordinated with the province’s auditor general to secure all relevant documents and ensure a swift, transparent investigation.
Opposition leaders have demanded a comprehensive judicial inquiry into the contracting practices, calling for greater transparency and accountability. As the probe unfolds, Premier Smith remains committed to resolving any issues that may arise and to improving Alberta’s health services.
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