County Atlantic Financial News

U.S. regulators have decided to allow American fishermen to harvest thousands of pounds of a valuable species of tiny fish in the coming years, even as Canadian authorities have shuttered the industry while they grapple with poaching

Key West in Monroe County and hundred other islands, all near the Florida coast. While the pristine beaches, good sunny weather and relaxing getaways are surely an attraction, there is something else to plan ahead, when you take that holiday next time. According to data from the US National Oceanic and Atmospheric Administration (NOAA), 117 cyclones have passed this region in the last 200 years or so.

Saskatchewan Premier Scott Moe on Wednesday that the Canada Revenue Agency is “very, very good” at getting the money it’s owed.“Having an argument with CRA about not wanting to pay your taxes is not a position I want anyone to be in,” he said at a press conference in Oakville, Ont.“Good luck with that, Premier Moe.”The Saskatchewan premier has pledged his province will not send Ottawa the money it collects from the federal carbon price on natural gas — a move that breaks federal law.The jurisdictional spat began when the Liberals created a temporary exemption to the carbon price for home heating oil.The Saskatchewan government said that’s unfair and politically motivated because the exemption has an outsized impact in Atlantic Canada, where oil is the main fuel source for home heating.Moe’s government has called for a similar exemption on natural gas, the primary home-heating fuel in Saskatchewan.He has also been a vocal opponent of the carbon levy more broadly and counts himself among a majority of premiers who have written to Trudeau seeking a meeting to talk about alternatives to the carbon price.Trudeau has rebuffed calls for such a meeting and challenged premiers to come up with their own climate plans if they don’t like the federal carbon price, pointing to British Columbia and Quebec as examples of provinces with their own system.The prime minister confirmed Tuesday that his government will keep sending carbon rebate cheques to people in Saskatchewan.On Wednesday, he reiterated that most people in jurisdictions that use the federal carbon price get more back in rebates than they pay each year.“CRA is an independent organization that is very, very good at getting money it is owed from Canadians, from businesses and

₹20,000 crore in just four trading sessions. On Thursday, FPIs sold ₹4,260 crore, followed by ₹4,468 crore on Tuesday and ₹3,268 crore on Monday. Last Friday (April 12), they offloaded ₹8,027 crore, bringing the cumulative four-day sell-off to ₹20,023 crore, according to National Stock Exchange (NSE) data.

Atlantic City casinos are bracing for new threats from as many as three new casinos in or near New York City

Atlantic City Mayor Marty Small says he remains committed to his family and to his city as he deals with charges that he and his wife abused their teenage daughter

U.S. stock indexes drifted to a mixed close following more reports showing the economy remains stronger than expected

United Airlines says it lost $124 million in the first quarter, and it's blaming Boeing

Casinos in the northeastern U.S. are dealing with numerous challenges as they brace for the arrival of new competitors in New York City

Bloomberg) --The European Central Bank held the line on interest rates but officials leaned even more toward a mid-year cut should inflation continue to cool. Lower borrowing costs would help nudge a European economy that’s struggled to register any growth for longer than a year. On the other side of the Atlantic, US economic activity is on much more solid footing and inflation is running too fast for Federal Reserve policymakers. Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy, geopolitics and markets:

The Small Business Administration is offering assistance to those affected by the bridge collapse in Maryland

Atlantic City’s casinos were less profitable in 2023 than they were a year earlier, even with help from the state’s booming online gambling market

For three years, many Atlantic City casino workers have been trying to get their elected officials to ban smoking in the gambling halls, to no avail

Joe Biden was set to Baltimore on Friday to survey the site of a collapsed bridge and meet families of the six construction workers who died, amid growing tensions in Congress over using federal dollars to rebuild the bridge. A cargo ship crashed into the Francis Scott Key Bridge on March 26, sending it collapsing into the harbor. Work to clear the wreckage and restore traffic through the Mid-Atlantic state's shipping channel is ongoing.

La Niña phenomenon, according to initial forecast by hurricane researchers at Colorado State University (CSU), as per a Fox Weather report. The Colorado State University hurricane research team has issued a bold forecast for the upcoming Atlantic hurricane season, projecting the development of 23 named storms. Among these, they anticipate that 11 will strengthen into hurricanes, with five potentially reaching major hurricane status, characterized by winds exceeding 115 mph. With their extensive expertise and cutting-edge analysis, the CSU researchers provide valuable insights into the potential intensity and impact of tropical cyclones in the Atlantic basin, Fox Weather reported.

The largest fresh egg producer in the U.S. says it has stopped production at a plant in the Texas Panhandle after bird flu was found in the flock

Federal Reserve cooled last month, and consumer spending rebounded sharply. Earlier in the week, the collapse of a major bridge in Baltimore will cause weeks or months of transportation disruptions in the Mid-Atlantic region and accelerate a shift of cargo to the US West Coast. In Japan, the yen weakened to levels last seen in 1990, prompting multiple officials to affirm their commitment to intervene if necessary.

After a search that spanned throughout the course of nearly one year, a crab fisherman from New Brunswick has claimed the largest lottery prize ever won in Atlantic Canada — $64-million dollars — just 19 days before the ticket was set to expire.

Port of Baltimore and closed a major highway will cause weeks or months of transportation disruptions in the Mid-Atlantic region and accelerate a shift of cargo to the US West Coast as importers and exporters try to avoid potential bottlenecks at trade gateways from Boston to Miami. “Companies have already begun shifting volumes from the East Coast to the West Coast,” said Ryan Petersen, the founder and chief executive of Flexport Inc., a digital freight platform based in San Francisco. “Baltimore being taken offline means all the other ports on the East Coast are getting this bubble of cargo — creating congestion and delays.” That also means companies and consumers may face a repeat of one of the big supply chain lessons of the Covid pandemic: that a sudden 10% or 20% increase in volumes through a port “is enough to cause massive backlogs, congestion, ships waiting offshore and all sorts of delays that can compound on themselves,” Petersen said.

Spring is officially underway in Canada, and for some it may mean deciding whether this could be the year to buy a cottage or cabin.

There's a little too much Atlantic in Atlantic City this year for some casinos