With over a dozen credit cards and millions of credit card points racked up, Nancy Jiang condenses the complex world of card-churning for maximum rewards with minimum effort. Her work has been ...
For example, the Prime Rate is currently 6.75%. There’s nothing preventing a card issuer from tweaking a new customer offer ...
Discover how reference rates like the SOFR and prime rate serve as benchmarks for setting interest rates, and explore their impact on mortgages and financial contracts.
Wells Fargo (WFC) Bank said it is decreasing its prime rate to 6.75% from 7%, effective tomorrow, Dec. 11, 2025. Published first on TheFly – the ultimate source for real-time, market-moving breaking ...
The Federal Reserve cut rates by a quarter point in October — the second cut of 2025. Another quarter-point cut is widely expected when the Fed meets next week, though chair Jerome Powell isn't ...