Economy

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U.S. economic growth slows to 1.6 percent, sign that interest rates may be taking toll

By Paul Wiseman, Associated Press

The gross domestic product — the economy's total output of goods and services — decelerated from its brisk 3.4% growth rate in the final three months of 2023. Consumers continued to drive growth last quarter but slowed their spending.

About 1 in 4 U.S. adults over 50 say they expect to never retire, an AARP study finds

By Fatima Hussein, Associated Press

The latest annual report from the program's trustees says the financial safety nets for millions of older Americans will run short of money to pay full benefits within the next decade.

‘Noncompete’ agreements would be barred for most employees under this new rule

By Christopher Rugaber, Associated Press

According to the FTC, 30 million people — roughly one in five workers — are now subject to such restrictions.

LISTEN: Supreme Court appears to favor Starbucks in case on union organizing protections

By Dee-Ann Durbin, Associated Press

The Supreme Court is expected to hear an appeal from Starbucks in a dispute with the National Labor Relations Board over efforts by workers to unionize at a store in Memphis, Tennessee.

WATCH: Biden marks Earth Day with new grants for solar power

By Alexa St. John, Will Weissert, Associated Press

President Joe Biden is announcing $7 billion in federal grants for residential solar projects serving 900,000-plus households in low- and middle-income communities.

LISTEN: Supreme Court hears whether homeless camps can be removed without alternative shelter

By Associated Press

The Supreme Court on Monday will review lower-court rulings that make it harder for cities in the western United States to prevent people from sleeping on the streets when there aren’t enough beds in homeless shelters.

Tennessee Volkswagen workers approve of joining UAW union in historic vote

By Kristin M. Hall, Tom Krishner, Associated Press

Employees at a Volkswagen factory in Chattanooga, Tennessee, overwhelmingly voted to join the United Auto Workers union Friday in a historic first test of the UAW’s renewed effort to organize nonunion factories.

Biden administration restricts oil and gas leasing in 13 million acres of Alaska’s petroleum reserve

By Becky Bohrer, Matthew Daly, Associated Press

The American Petroleum Institute says the rules limit development in a region "intended by Congress to bolster America's energy security."…

Tennessee Volkswagen workers vote on union membership in key test of UAW’s plan to expand

By Tom Krisher, Associated Press

The UAW's ranks in the auto industry have dwindled over the years, and workers at the Chattanooga plant have previously rejected union membership.

U.S. reimposes oil sanctions on Venezuela as hopes for a fair presidential election fades

By Joshua Goodman, Regina Garcia Cano, Associated Press

In October, the U.S. granted Maduro's government relief from sanctions on its state-run oil, gas and mining sectors after it agreed to work with members of the opposition to hold a free and competitive election this year.