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Higher interest rates are crimping economic growth, even as consumers are still spending.

Plus, Congress takes a closer look at tightening oversight of the Supreme Court.

The public reputation of the Supreme Court has been overall on the decline over the past couple

years, particularly after some decisions last year. And what a mostly empty office tower in San

Francisco can tell us about commercial real estate. This market that used to be the envy of

landlords around the country has now become the symbol of everything that could go wrong with

an office district in the wake of the pandemic. It's Thursday, April 27. I'm Ann Marie

for Tolly for the Wall Street Journal. This is the PM edition of What's News, the top headlines and

business stories that moved the world today. US economic growth slowed in the first quarter to

an annual rate of 1.1 percent, as consumers grappled with high inflation and rising interest rates.

The Commerce Department said consumers were still spending in the first quarter,

despite a slowdown in business and housing investment. Still, the rise in gross domestic product

for the first few months of the year marked a slowdown from the final quarter of last year.

GDP is a measure of the value of all the goods and services produced in the country.

Consumers fueled by an ability to spend from higher incomes and built up savings,

propelled the economy to its third straight quarter of growth. Businesses drew down

inventories and pulled back on equipment purchases while housing remained weak offsetting growth.

The European Union is proposing legislation that would require artificial intelligence tools

like chat GPT to cite their sources, specifically copyright material like text and images.

...