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 ...

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 ...

Small business owners have faced significant uncertainty this year due to rising inflation and ongoing discussions about tariffs, which have affected their ability to buy and sell goods and services.