In a sweeping new class-action lawsuit, a group of borrowers has accused some of the largest U.S. financial institutions of colluding to artificially set the nation’s benchmark lending rate—the prime ...

JPMorgan Chase , Bank of America , Wells Fargo and other major banks are facing a new lawsuit alleging they conspired to fix ...

While boring, there’s a bountiful list of reasons to be the responsible friend in the group and nurture your credit score. Among them: Prime credit score borrowers can continue to get ahead as banks ...

The Peoples Bank of China (PBOC) held its benchmark loan prime rate (LPR) steady on Monday, maintaining a cautious stance as ...

Sept 17 (Reuters) - Major U.S. lenders lowered a key interest rate on Wednesday, providing U.S. consumers a reprieve on borrowing costs, after the Federal Reserve cut interest rates for the first time ...

The Federal Reserve on Wednesday cut its benchmark interest rate by 25 basis points in its first cut of the year, marking a move that could ease monthly payments on mortgages, credit cards and other ...

Canada’s prime rate — the interest rate that major banks charge their best customers — will drop to 5.45% prompted by the Bank of Canada's fifth, consecutive rate drop of its overnight rate by 50 ...