The Federal Reserve is set to hold interest rates steady on Wednesday, reinforcing its “not-in-a-hurry” stance on rate cuts while possibly raising inflation forecasts to account for the economic impact of new trade tariffs. The decision will mark the second consecutive meeting at which rates remain unchanged. Policymakers await further progress in taming inflation before considering reductions. The Federal Open...

(Reuters) - The head of the U.S. agency that enforces laws banning workplace discrimination on Monday warned 20 major law firms that their employment policies meant to boost diversity, equity and inclusion may be illegal. ...

By Gram Slattery and Trevor Hunnicutt (Reuters) - U.S. President Donald Trump on Monday suggested that Chinese President Xi Jinping may visit the United States in the not-too-distant future for talks as economic tensions escalate between the powers. Trump has slapped 20% levies on all imports from China since taking office in January, faulting Beijing for not halting the flow...

03:37 PM EDT, 03/17/2025 (MT Newswires) -- (Corrects closing value and percentage losses in first two paragraphs in story published Friday.) The Standard and Poor's 500 index fell 2.3% this week, extending losses for the year amid concerns about the expanding global trade war and a bigger-than-expected drop in consumer sentiment. The S&P 500 ended Friday's session at 5,638.94, marking...