The U.S. appears close to reaching an agreement that would end the war with Iran and reopen the strategic Strait of Hormuz, according to reports Sunday.
The U.S. appears close to reaching an agreement that would end the war with Iran and reopen the strategic Strait of Hormuz, according to reports Sunday.
Key Points The market seems concerned that AI could replace some of Doximity's solutions for the medical community. However, its powerful ecosystem, paired with complex regulations, shouldn't be easily disrupted. The stock currently trades at a modest multiple and could soar as pharmaceutical ad spending rebounds. 10 stocks we like better than Doximity › Shares of the leading digital platform for ...
Key Points The market seems concerned that AI could replace some of Doximity's solutions for the medical community. However, its powerful ecosystem, paired with complex regulations, shouldn't be easily disrupted. The stock currently trades at a modest multiple and could soar as pharmaceutical ad spending rebounds. 10 stocks we like better than Doximity › Shares of the leading digital platform for medical professionals, Doximity (NYSE: DOCS), dropped again earlier in May after the company reported fourth-quarter earnings, and the stock is now down a staggering 56% in 2026. The big issue on the market's mind is whether the company can survive the threat that AI's rise may pose to Doximity's operations. For instance, the company's Scribe product, which transcribes and generates notes during doctor visits, is a somewhat "common" feature in today's AI-powered world. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Similarly, its Ask solution is a large language model tailored for doctors -- but may not offer enough differentiation from the leading AI companies today. However, focusing solely on these software risks undermines Doximity's deeply entrenched ecosystem. First, Doximity is used by more than 85% of U.S. physicians -- a massive network. Second -- and thanks to this access to doctors -- the company counts all of the top 20 pharmaceutical manufacturers as advertising customers. Third, Doximity also counts the top 20 hospitals and healthcare systems as customers, whether for advertising or for its workflow solutions (the potentially disruptive software mentioned earlier). Simply put, I don't think AI can replicate Doximity's strong ecosystem. In fact, I'd argue that the revolutionary technology could actually make the company's platform even stronger as it continues to incorporate AI into many of ...
UAE State Oil Company Head Says Hormuz Bypass Pipeline Nearly 50 Percent Complete Authored by Evgenia Filimianova via The Epoch Times (emphasis ours), The head of the UAE's state oil company said on May 20 that a major new oil pipeline designed to bypass the Strait of Hormuz is nearly 50 percent complete, as regional tensions and competing maritime controls reshape global energy routes. UAE Minist...
UAE State Oil Company Head Says Hormuz Bypass Pipeline Nearly 50 Percent Complete Authored by Evgenia Filimianova via The Epoch Times (emphasis ours), The head of the UAE's state oil company said on May 20 that a major new oil pipeline designed to bypass the Strait of Hormuz is nearly 50 percent complete, as regional tensions and competing maritime controls reshape global energy routes. UAE Minister of Industry and Advanced Technology Sultan Ahmed Al Jaber, who's also the managing director and group CEO of the Abu Dhabi National Oil Company, speaks via video during a presentation at the 44th annual CERAWeek by S&P Global conference at the Americas Hilton-Houston in Texas on March 23, 2026. CERAWeek by S&P Global Sultan Ahmed Al Jaber, chief executive of the Abu Dhabi National Oil Company, said during an interview at the Atlantic Council that the project is being accelerated toward a planned 2027 completion date. "Right now, too much of the world's energy still moves through too few choke points, " Al Jaber said. "That is exactly why the UAE made the decision more than a decade ago to invest in infrastructure that bypasses the Strait of Hormuz." Al Jaber said the UAE's second west-east pipeline is already "almost 50 percent complete." The project comes as the Strait of Hormuz remains disrupted following months of conflict involving Iran, Israel, and the United States. The UAE said last week that it would accelerate construction of the pipeline to expand export capacity through Fujairah, a port city on the Gulf of Oman outside the Strait of Hormuz. The country's existing Abu Dhabi Crude Oil Pipeline, also known as the Habshan-Fujairah pipeline, already allows the UAE to bypass Hormuz for a portion of its exports. The new project is expected to significantly expand that capacity. Al Jaber warned that global energy systems remain vulnerable because too much oil and gas infrastructure depends on narrow maritime chokepoints. "Energy security is no longer just about your a...
A gunman who opened fire outside the White House on Saturday before he was shot by federal agents was already known to the US Secret Service, court records show. The man, 21, was taken to a nearby hospital, before he was later pronounced dead. He had previously tried to enter the complex, according to an affidavit filed in DC superior court in 2025, following an arrest nearby. The White House was ...
A gunman who opened fire outside the White House on Saturday before he was shot by federal agents was already known to the US Secret Service, court records show. The man, 21, was taken to a nearby hospital, before he was later pronounced dead. He had previously tried to enter the complex, according to an affidavit filed in DC superior court in 2025, following an arrest nearby. The White House was briefly locked down shortly after 6pm on Saturday after the suspect approached a checkpoint at a gate near 17th Street and Pennsylvania Avenue NW, took a pistol out of a bag and fired, the Secret Service said. Officers returned fire, the agency said, striking the suspect. A bystander was also struck in the exchange, the Secret Service said, but it was unclear whether they were struck by the suspect or shots returned from officers. No agents were injured. Donald Trump, who was inside the White House at the time of the incident, claimed the gunman as having “a violent history” and a “possible obsession” with the White House. The US president praised the “swift and professional action” of law enforcement officials on social media. View image in fullscreen US Secret Service agents keep watch on the roof of the White House after a shooting incident nearby on Saturday. Photograph: Nathan Howard/Reuters The individual – identified in US media reports as Nasire Best – was “known to the Secret Service” for “walking around the White House complex inquiring how to gain access at various entry points” on multiple occasions last summer, according to a July 2025 court filing. He was involuntarily committed on 26 June in 2025 for “obstructing vehicle entry” to part of the White House complex, the court documents said, and on 10 July of that year he was arrested for unlawful entry after multiple officers confronted him for ignoring warning signs and walking into a restricted area outside the White House. Best claimed to be Jesus and said “that he wanted to get arrested”, according to the f...
Vanguard’s most popular bond ETF is also the largest U.S.-listed bond ETF by assets under management (AUM). It is the Vanguard Total Bond Market ETF (NASDAQ:BND). For a 0.03% expense ratio, investors get exposure to more than 10,000 investment-grade corporate bonds, Treasury bonds, and mortgage-backed securities spanning short-, intermediate-, and long-term maturities. It is highly ... Vanguard’s ...
Vanguard’s most popular bond ETF is also the largest U.S.-listed bond ETF by assets under management (AUM). It is the Vanguard Total Bond Market ETF (NASDAQ:BND). For a 0.03% expense ratio, investors get exposure to more than 10,000 investment-grade corporate bonds, Treasury bonds, and mortgage-backed securities spanning short-, intermediate-, and long-term maturities. It is highly ... Vanguard’s Cheapest Investment-Grade Bond ETF Costs Less Than $3 a Year on $10,000. Hardly Anyone Mentions It.
ELEKTROS Inc. - Publicly Traded (Ticker Symbol:ELEK) WEST PALM BEACH, FL / ACCESS Newswire / May 24, 2026 / Management Celebrates Friday Trading Momentum of 7.96% and States That Growing Worldwide Awareness of ELEKTROS Represents a Paradigm Shift for the Company's Expanding Global Shareholder Base. ELEKTROS States That Growing Global Awareness Surrounding the Company Represents an Exciting Milesto...
ELEKTROS Inc. - Publicly Traded (Ticker Symbol:ELEK) WEST PALM BEACH, FL / ACCESS Newswire / May 24, 2026 / Management Celebrates Friday Trading Momentum of 7.96% and States That Growing Worldwide Awareness of ELEKTROS Represents a Paradigm Shift for the Company's Expanding Global Shareholder Base. ELEKTROS States That Growing Global Awareness Surrounding the Company Represents an Exciting Milestone for Shareholders and Supporters Worldwide. ELEKTROS continues focusing on hard rock lithium exploration and development opportunities in Sierra Leone, Africa, positioning the Company within one of the world's most strategically important supply chains supporting electric vehicles, renewable energy storage, and industrial electrification. The importance of lithium to the future of transportation and clean energy has been repeatedly highlighted by industry leaders worldwide. Elon Musk, CEO of Tesla, previously stated: "It is definitely true that the fundamental enabling technology for electric cars is lithium-ion as a cell chemistry technology. In the absence of that, I don't think it's possible to make an electric car that is competitive with a gasoline car." In addition, Musk has publicly emphasized the importance of expanding charging infrastructure and improving charging efficiency to support mass EV adoption globally. In parallel with its lithium initiatives, ELEKTROS holds United States Patent No. 12,522,100 B1 related to advanced electric vehicle charging technology designed to significantly reduce charging times and improve charging efficiency for EV users globally. The Company believes that fast-charging infrastructure may become one of the defining components of the next generation EV ecosystem as consumers increasingly demand reduced charging times, improved convenience, and enhanced vehicle usability. ELEKTROS further announced that on May 5, 2026, the Company delivered a cease-and-desist notice regarding activities involving a major global automotive manufactu...
Losing your spouse is one of the most difficult experiences anyone can go through. You're grieving, but you're also trying to sort out their affairs, including their old IRA. If they left that money to you, it might seem like the simplest thing to do is roll it into your own IRA. This is definitely an option to consider, but it can backfire on you if you're not careful. Once you've moved your inhe...
Losing your spouse is one of the most difficult experiences anyone can go through. You're grieving, but you're also trying to sort out their affairs, including their old IRA. If they left that money to you, it might seem like the simplest thing to do is roll it into your own IRA. This is definitely an option to consider, but it can backfire on you if you're not careful. Once you've moved your inherited IRA funds into your own retirement account, you typically cannot access the funds without penalty until you reach age 59 1/2. There are exceptions for things like large medical expenses, but you won't be free to just take the money out at will. If you want more flexible access to your inheritance, you might prefer a different strategy, like the 10-year rule. This gives you until the end of the 10th year after the year your spouse died to withdraw all funds from the inherited IRA. There's no rule about how much you must withdraw each year. You can also opt for the required minimum distribution (RMD) rule. This lets you spread withdrawals out over your lifetime, but it requires mandatory annual withdrawals. It could be the right choice if you don't need the money now and want to allow your investments to grow while still retaining access to the funds. You cannot switch back and forth between the 10-year rule and the RMD rule, so you must choose one and stick to it. Think about what you plan to use the money for and how your withdrawals could affect your tax bill to decide which is right for you.
The AI boom was supposed to follow a familiar technology cycle. More demand would spark more production, supply chains would catch up, and prices would gradually fall as hardware aged. That’s how semiconductors have behaved for decades. Yet AI infrastructure is rewriting those rules in real time. Demand for computing power has accelerated so quickly ... What Nvidia’s CFO Just Revealed About GPU De...
The AI boom was supposed to follow a familiar technology cycle. More demand would spark more production, supply chains would catch up, and prices would gradually fall as hardware aged. That’s how semiconductors have behaved for decades. Yet AI infrastructure is rewriting those rules in real time. Demand for computing power has accelerated so quickly ... What Nvidia’s CFO Just Revealed About GPU Demand Should Have Every AI Investor Paying Attention
syahrir maulana/iStock via Getty Images Quarterly Snapshot Performance The Fund returned 3.37% and the Russell 2000 Index returned 0.89%. Key Drivers Stock selection in health care as well as our underweight to information technology were the largest relative positives, while our underweight to energy served as a modest relative headwind. Summary Heightened volatility as well as uncertainty remain...
syahrir maulana/iStock via Getty Images Quarterly Snapshot Performance The Fund returned 3.37% and the Russell 2000 Index returned 0.89%. Key Drivers Stock selection in health care as well as our underweight to information technology were the largest relative positives, while our underweight to energy served as a modest relative headwind. Summary Heightened volatility as well as uncertainty remained front and center throughout the quarter, exacerbated by the ongoing conflict in Iran and resulting increase in global oil prices. We remain focused on resilient businesses well suited to navigate ongoing uncertainty and continue to take advantage of the opportunities that market volatility presents. Market and portfolio review Small caps entered 2026 continuing their strong performance from late 2025 but pulled back in March as geopolitical tensions escalated and the US and Israel took action in Iran. Despite the drawdown and increased volatility in March, the Russell 2000 still finished the quarter up 0.89%, well ahead of the 4.18% decline in the Russell 1000. From a sector perspective, energy was far and away the best-performing sector, advancing 38% in Q1 as oil prices rose sharply due to supply concerns following the closure of the Strait of Hormuz. Materials followed in a distant second (+5.9%), while information technology (-4.9%) was the worst performing sector as ongoing concerns around artificial intelligence (AI)-related disruption — particularly within software — weighed on performance. Consumer discretionary was the second weakest sector (-4.7%) as investors became increasingly concerned about the potential impact of higher oil prices and inflationary pressures on the consumer. Given the macro backdrop of increasing geopolitical conflict, military action and higher oil prices, it is perhaps unsurprising that the strongest contributors in the portfolio tended to be tied to oil and gas or aerospace and defense. Conversely, the second-order impacts of higher oil...
Desmond Jeanmarie F. Director at IPG Photonics Corporation (IPGP 1.26%), reported the sale of 1,690 shares of common stock in an open-market transaction valued at approximately $178,000, according to a SEC Form 4 filing. Transaction summary Metric Value Shares sold (direct) 1,690 Transaction value $178,430 Post-transaction shares (direct) 10,486 Post-transaction value (direct ownership) $1.10 mill...
Desmond Jeanmarie F. Director at IPG Photonics Corporation (IPGP 1.26%), reported the sale of 1,690 shares of common stock in an open-market transaction valued at approximately $178,000, according to a SEC Form 4 filing. Transaction summary Metric Value Shares sold (direct) 1,690 Transaction value $178,430 Post-transaction shares (direct) 10,486 Post-transaction value (direct ownership) $1.10 million Transaction value based on SEC Form 4 weighted average sale price ($105.58); post-transaction value based on May 14, 2026 market close ($105.10). Key questions How does this sale compare to the insider’s historical transaction pattern? Over the past three years, Desmond Jeanmarie F. has averaged approximately 1,345 shares per sell transaction, with this latest sale of 1,690 shares exceeding both the average and prior maximum for individual sales. Over the past three years, Desmond Jeanmarie F. has averaged approximately 1,345 shares per sell transaction, with this latest sale of 1,690 shares exceeding both the average and prior maximum for individual sales. What proportion of total direct holdings was reduced in this transaction? The insider reduced direct ownership by 13.88%, decreasing from 12,176 shares before the sale to 10,486 shares after the transaction. The insider reduced direct ownership by 13.88%, decreasing from 12,176 shares before the sale to 10,486 shares after the transaction. Was there any participation from trusts or indirect entities in this filing? No, the filing shows only direct holdings were affected; there are no reported indirect holdings or transactions involving derivative securities in this event. No, the filing shows only direct holdings were affected; there are no reported indirect holdings or transactions involving derivative securities in this event. Does the transaction align with capacity and recent trading cadence? The increasing size of recent sales reflects a shrinking direct holding base, suggesting that the scale of this dispositio...
Hive Digital Technologies (HIVE +5.71%) stock posted huge gains this week. The company's share price skyrocketed 51.3% higher across the stretch. Over the same period, the S&P 500 gained roughly 0.9%, and the Nasdaq Composite climbed roughly 0.5%. Hive Digital stock saw a massive rally this week connected to news that its Buzz High Performance Computing subsidiary is launching a new artificial int...
Hive Digital Technologies (HIVE +5.71%) stock posted huge gains this week. The company's share price skyrocketed 51.3% higher across the stretch. Over the same period, the S&P 500 gained roughly 0.9%, and the Nasdaq Composite climbed roughly 0.5%. Hive Digital stock saw a massive rally this week connected to news that its Buzz High Performance Computing subsidiary is launching a new artificial intelligence (AI) infrastructure project in Canada. With the rally, the stock is now up roughly 58% year to date. Hive Digital stock surges on new data center project Hive Digital published a press release on May 18 announcing that its wholly owned Buzz High Performance Computing subsidiary was moving forward with plans to build a new AI infrastructure facility in the Greater Toronto Area. The AI infrastructure facility is planned to deliver 320 megawatts of compute utility capacity and is expected to house more than 100,000 graphics processing units (GPUs) for AI compute. Expand NASDAQ : HIVE Hive Digital Technologies Today's Change ( 5.71 %) $ 0.22 Current Price $ 4.07 Key Data Points Market Cap $1.0B Day's Range $ 3.75 - $ 4.23 52wk Range $ 1.60 - $ 7.84 Volume 47M Avg Vol 17.3M Gross Margin -1421.23 % What's next for Hive Digital? Sovereign access to AI compute capabilities is emerging as a key strategic initiative for many companies, and Hive Digital could play an important role in Canada's efforts in the space. Buzz's facility is projected to be one of Canada's largest AI compute centers and is expected to go online in the second half of 2027. If the new facility is operational along that projected timeline, Hive could see its performance supercharged in the not-too-distant future.
Key Points A new Saver's Match will launch in 2027, replacing the current Saver's Credit. This match will be available only to low-income savers who lack access to a workplace retirement plan. You will need to save $2,000 of your own money to claim the full Saver's Match. The $23,760 Social Security bonus most retirees completely overlook › A long-talked-about retirement account change is set to t...
Key Points A new Saver's Match will launch in 2027, replacing the current Saver's Credit. This match will be available only to low-income savers who lack access to a workplace retirement plan. You will need to save $2,000 of your own money to claim the full Saver's Match. The $23,760 Social Security bonus most retirees completely overlook › A long-talked-about retirement account change is set to take effect next year that could affect millions of savers. President Donald Trump recently signed an executive order to create TrumpIRA.gov, a planned website that will enable workers without access to a workplace retirement plan to gain access to IRAs that offer the federal Saver's Match established by legislation in 2022. This is similar to a 401(k) match, but the funds will come from the federal government instead of your employer. However, not everyone will qualify. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » How the new Saver's Match will work The Saver's Match was created as part of the SECURE 2.0 Act, passed at the end of 2022, but it's not scheduled to take effect until next year. This new matching option will replace the Saver's Credit, which rewarded low-income households who saved for retirement by lowering their tax bills. The Saver's Match is a 50% match on up to $2,000 in contributions to a qualifying IRA. This means you can earn a maximum credit of $1,000. But there are income limits that bar middle- and high-income households from taking advantage of this program, even if they lack access to an employer-sponsored retirement plan. In 2027, single filers must have modified adjusted gross incomes (MAGIs) below $20,500 to be eligible for the entire match; this number is $41,000 for married couples filing jointly. Single filers with MAGIs between $20,500 and $35,500 will be eligible for a r...
"It is important for me to stress that this is also likely to take us some time yet. There will still be a scene remaining that will be guarded by police officers for a number of days while our work continues.
"It is important for me to stress that this is also likely to take us some time yet. There will still be a scene remaining that will be guarded by police officers for a number of days while our work continues.
The removal of an opposition party leader and closure of a liberal university show an authoritarian democracy moving closer to one-man rule Turkey’s next presidential election is scheduled for 2028. Many think it will come sooner. But by the time ballots are actually cast, the outcome may already have been decided – especially after the last few days. On Thursday, an appeals court removed the head...
The removal of an opposition party leader and closure of a liberal university show an authoritarian democracy moving closer to one-man rule Turkey’s next presidential election is scheduled for 2028. Many think it will come sooner. But by the time ballots are actually cast, the outcome may already have been decided – especially after the last few days. On Thursday, an appeals court removed the head of the opposition Republican People’s party (CHP), Özgür Özel, by annulling its 2023 leadership contest. The 51-year-old was credited with reviving the CHP, which trounced the ruling Justice and Development party in 2024’s local elections . He was also one of the few senior figures not caught in a sweeping crackdown that has led to hundreds of CHP officials and politicians being arrested. Human Rights Watch says that the justice system has been weaponised against the opposition. A mass corruption trial opened in March , with defendants including the Istanbul mayor, Ekrem İmamoğlu, who was arrested last year on the day that he was chosen as the CHP’s presidential candidate. He could face a sentence of more than 1,900 years if convicted on all counts. Continue reading...
AlexSecret/iStock via Getty Images This blog post from last week got a good response. Being a one-man shop, when an article like that is contemplated, notes are furiously scribbled from the events of those days, and as the list grows, it’s eventually pruned and a blog post is quickly tossed up. Last week, this blog failed to mention General Electric ( GE ) and the “earnings smoothing” Jack Welch e...
AlexSecret/iStock via Getty Images This blog post from last week got a good response. Being a one-man shop, when an article like that is contemplated, notes are furiously scribbled from the events of those days, and as the list grows, it’s eventually pruned and a blog post is quickly tossed up. Last week, this blog failed to mention General Electric ( GE ) and the “earnings smoothing” Jack Welch employed in the 1990s, which left Jeff Immelt, Welch’s successor, in a tough spot - one of many issues that Jack left Jeff Immelt that came home to roost in the early 2000s. One key part of last week’s blog post was the late 1990s “tech market cap vs. earnings (EPS) weight”, which a lot of folks who weren’t around in the last 5 years of the late 1990s may not have been aware of. A key difference in those two metrics: Today, the tech sector’s market cap is roughly 37%, versus the earnings weight of 30.8%, per TJ Dhillon of LSEG, while in March 2000, the tech sector’s market cap weight was 33-35%, while the earnings weight was just 13%. For semiconductors and semi-cap equipment, which has been the tech sector’s juice this year, the semiconductors complex’s market cap weight is 18.7%, while its earnings weight in mid-May ’26 is 15.1%. S&P 500 earnings Still no slowdown in forward EPS estimates for the S&P 500. Note the “rates of change” for 2026, 2027 and 2028. Ford ( F ) was up 11% this week and 20% the last 30 days. Similar to Tesla’s ( TSLA ) energy generation and storage line, Ford now has the same energy generation line of revenue, but while Tesla’s line item is 11% of total Tesla revenue, Ford’s is likely much smaller. (Haven’t seen a revenue breakout yet.) Morningstar recently boosted the fair value estimate on Ford from $16 to $18. Morningstar is more focused on higher revenue generation and the $1 billion in costs coming out of the business annually. Here’s a total return chart of Ford versus the S&P 500 since 1/1/2000. Ford closed Friday, May 22nd, ’26, with a 4.02% d...
Shares of the leading digital platform for medical professionals, Doximity (DOCS +2.84%), dropped again earlier in May after the company reported fourth-quarter earnings, and the stock is now down a staggering 56% in 2026. The big issue on the market's mind is whether the company can survive the threat that AI's rise may pose to Doximity's operations. For instance, the company's Scribe product, wh...
Shares of the leading digital platform for medical professionals, Doximity (DOCS +2.84%), dropped again earlier in May after the company reported fourth-quarter earnings, and the stock is now down a staggering 56% in 2026. The big issue on the market's mind is whether the company can survive the threat that AI's rise may pose to Doximity's operations. For instance, the company's Scribe product, which transcribes and generates notes during doctor visits, is a somewhat "common" feature in today's AI-powered world. Similarly, its Ask solution is a large language model tailored for doctors -- but may not offer enough differentiation from the leading AI companies today. However, focusing solely on these software risks undermines Doximity's deeply entrenched ecosystem. First, Doximity is used by more than 85% of U.S. physicians -- a massive network. Second -- and thanks to this access to doctors -- the company counts all of the top 20 pharmaceutical manufacturers as advertising customers. Third, Doximity also counts the top 20 hospitals and healthcare systems as customers, whether for advertising or for its workflow solutions (the potentially disruptive software mentioned earlier). Simply put, I don't think AI can replicate Doximity's strong ecosystem. In fact, I'd argue that the revolutionary technology could actually make the company's platform even stronger as it continues to incorporate AI into many of its solutions. In the fourth quarter, roughly half of Doximity's 800,000 active prescribers utilizing its workflow solutions used an AI tool. Similarly, seven of the top 20 hospitals purchased the company's new clinical AI suite. That said, margins dipped in Q4 as Doximity's costs rose amid its "AI investment year," so this is something investors need to focus on in upcoming quarters. Expand NYSE : DOCS Doximity Today's Change ( 2.84 %) $ 0.55 Current Price $ 19.94 Key Data Points Market Cap $3.7B Day's Range $ 19.27 - $ 20.00 52wk Range $ 17.15 - $ 76.51 Volume 3.5M Av...
Cindy Ord/Getty Images Entertainment Canadian Prime Minister Mark Carney will travel to New York this week to meet with investors and business leaders as his government seeks to attract large-scale capital into sectors including infrastructure, energy, defense and critical minerals. Carney is scheduled to visit New York City from May 27 to 28, according to a government announcement released Sunday...
Cindy Ord/Getty Images Entertainment Canadian Prime Minister Mark Carney will travel to New York this week to meet with investors and business leaders as his government seeks to attract large-scale capital into sectors including infrastructure, energy, defense and critical minerals. Carney is scheduled to visit New York City from May 27 to 28, according to a government announcement released Sunday. The trip will include meetings with CEOs, entrepreneurs and investment managers, along with remarks at the Economic Club of New York outlining Canada’s economic strategy. The visit comes as Canada attempts to position itself as a stable destination for global investment amid geopolitical tensions, shifting supply chains, and increased competition for capital among developed economies. For investors, the outreach reflects Canada’s effort to secure financing for major industrial and infrastructure projects tied to energy, transportation, nuclear power and critical minerals. The government said its capital programs and incentives are expected to support more than C$1 trillion in total investment over the next five years through a combination of public, private and institutional funding. Ottawa is emphasizing Canada’s relatively low debt burden, trade access and natural resource base as it competes for investment tied to the global energy transition and AI-driven industrial expansion. The government said Canada currently has 22 large infrastructure and industrial projects underway through its Major Projects Office, representing more than C$126 billion in investment. Those projects include initiatives tied to LNG, electricity grids, nuclear energy, transportation networks and critical minerals such as nickel, graphite and tungsten. Carney’s government also pointed to Canada’s standing among foreign direct investment rankings, its banking stability and recent tax changes aimed at improving business competitiveness. The administration has increasingly focused on economic resilie...
The trumpeter, composer and band leader still towers over jazz because he treated reinvention not as a betrayal, but as necessary for its survival The space reserved for Miles Davis in the pantheon of 20th-century music is not simply because he mastered jazz, but because he refused to let it stand still. As musicians and fans mark the centenary of his birth , Davis’s work still feels limitless. “I...
The trumpeter, composer and band leader still towers over jazz because he treated reinvention not as a betrayal, but as necessary for its survival The space reserved for Miles Davis in the pantheon of 20th-century music is not simply because he mastered jazz, but because he refused to let it stand still. As musicians and fans mark the centenary of his birth , Davis’s work still feels limitless. “I always thought that music had no boundaries,” he wrote in his 1989 autobiography, “no limits to where it could grow and go, no restrictions on creativity.” Davis repeatedly dismantled the sound he had helped invent – embracing the electric age in 1968, much as Bob Dylan had in folk. Davis moved to New York as an 18-year-old after hearing Dizzy Gillespie and Charlie Parker. While bebop prized speed, Davis preferred restraint and precision – spearheading cool jazz. By 1988, now the grand old man of jazz, he was playing trumpet with Prince, whom he remarked could be the “new Duke Ellington of our time if he just keeps at it” . Such was his refusal to be pigeonholed, he hated the word “jazz”. Whatever it was, Davis reasoned, had to evolve: absorbing funk, rock, African rhythms and electronica to emerge altered again. Continue reading...