EXTENDING THE HIRING FREEZE: Today, President Donald J. Trump signed a Presidential Memorandum extending the hiring freeze for an additional three months.| The White House
Catch up on the latest stories about tariffs and global trade from The Associated Press.| AP News
Stocks closed higher on Wall Street after an afternoon push left major indexes just below their recent records.| AP News
The Federal Reserve’s preferred inflation gauge mostly held steady last month despite President Donald Trump’s broad-based tariffs, but a measure of underlying inflation increased.| AP News
Inflation cooled for the third straight month in April even after some of President Donald Trump’s tariffs took effect, though economists and many business owners expect inflation will climb by this summer.| AP News
President Donald Trump’s attempt to fire a member of the Federal Reserve’s governing board has raised alarms among economists and legal experts.| AP News
FESAC advises the Bureau of Economic Analysis, the Census Bureau and the Bureau of Labor Statistics on statistical methodology and other technical matters.| apps.bea.gov
President Donald Trump has signed a flurry of executive actions on Day 1. He has repealed dozens of former President Joe Biden’s actions, begun his immigration crackdown, withdrawn the U.S. from the Paris climate accords and sought to keep TikTok open in the U.S., among other actions.| AP News