RBC’s prime rate was lowered to 5.2% on January 30, 2025. RBC’s prime rate is the basis for its variable-rate lending products, like mortgages, credit cards and lines of credit. When the Bank ...

Prime Visa and Wells Fargo Attune have vastly different cost and reward structures. Here's how to make the right pick for you ...

RBC Capital lowered the firm’s price target on FIS (FIS) to $95 from $104 and keeps an Outperform rating on the shares. Despite solid sales ...

RBC Capital analyst Brad Erickson lowered the firm’s price target on Lyft (LYFT) to $21 from $24 and keeps an Outperform rating on the shares.

Craig Sebastiano is a personal finance writer based in Toronto. He was previously the managing editor at Ratehub.ca and has written about credit cards, mortgages, banking, investing and investment ...

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Canada’s smaller stocks are holding up better than their larger peers as US President Donald Trump’s trade war shows few ...

China's yuan reached a three-week low against the dollar amid escalating global trade tensions. U.S. President Trump's increased tariffs on steel and aluminum imports have pressured the yuan and other ...

Inflation reached 12.7% in December 1974 and the economy entered into a recession. The prime rate was 6% in 1972 before the BoC began raising rates. It peaked at 11% in 1974–or so most people ...

“The unemployment rate dropped to 4% (and would have been 3.9% without annual adjustments to the population controls) and wage growth among private sectors remained elevated.” “Today's ...

When the banking system’s liquidity tightens, the impact is visible in both deposit and lending rates. Of course ... unlike in the past. The two charts accompanying this write-up illustrate ...

Q4 2024 Earnings Call February 12, 2025 2:30 AM ETCompany ParticipantsKarl Hersvik - Chief Executive OfficerDavid Tønne - ...