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Business & Tech

Can US avoid a recession? As inflation eases, optimism rises

WASHINGTON (AP) — For months, the outlook for the U.S. economy has been a mostly bleak one: Inflation hitting a four-decade high, consumer spending weakening, interest rates surging. Most economists penciled in a recession for 2023. An economic downturn is still possible. Yet in recent ...

Disney tries to bring back the magic, unveils park changes

The Walt Disney Co. is making several changes at its domestic theme parks, including some easier reservations, in order to improve the public perception of its business. Among the changes: it will cease charging for overnight self-parking at its Walt Disney World resorts; Walt Disney World ...

Asia stocks echo Wall Street rally as inflation report looms

TOKYO (AP) — Asian shares were mostly higher Wednesday, boosted by a rally on Wall Street that came ahead of some potentially market-moving reports due later in the week. The weak yen also piqued buying sentiment in Japan, as that boosts the earnings of the nation's exporters when ...

Legal recreational marijuana sales start in Connecticut

MONTVILLE, Conn. (AP) — Connecticut's first round of recreational cannabis sales for adults 21 and older kicked off Tuesday at seven existing medical marijuana establishments across the state, less than two years after Gov. Ned Lamont signed legislation making Connecticut the latest state to ...

Gas tax collections resume in Georgia after 10-month break

ATLANTA (AP) — State gasoline and diesel taxes make their return in Georgia on Wednesday. The state will resume collecting a tax on gasoline of 29.1 cents per gallon and tax on diesel of 32.6 cents per gallon from wholesalers. That change is likely to trickle through rapidly to retailers ...