Credit card lenders add a margin to the prime rate to arrive at your card’s variable APR. The prime rate impacts the cost of credit on consumer loans, including credit card accounts, with the rates on ...

"For years up to this day, the nation’s largest banks appear to have fixed their prime rates," Patrick McGahan of Scott + Scott, counsel for the plaintiffs, claimed. A nationwide class action accuses ...

China's central bank on Wednesday kept major benchmark lending rates unchanged, as Beijing assesses the effects of existing stimulus measures. The People's Bank of China said it would keep the 1-year ...

The People's Bank of China kept the one-year loan prime rate, which influences most new and outstanding loans, unchanged at 3.0%. The five-year benchmark rate, which affects mortgages, remained at 3.5 ...