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Reuters
Nov 20
Comment
The Bank of Ghana cut its prime interest rate for the first time in nearly three years on Friday in what analysts saw as part of a new drive by the West African country to stimulate growth.
Clusterstock
Sep 27
Comment
While the US crisis shares some similarities to The Great Depression, overall it's not "the worst since the depression." You don't need to go back that far.
The early-1980's were worse than today in many ways. At the same time the US embarked on...
Investing School
Aug 20
Comment
An adjustable rate is a rate usually set a few percentage points above the prime rate that is offered to home buyers when the prime rate is higher than normal. A buyer opts for this arrangement in hopes that the prime will go down, thus bringing...
BusinessWeek
Jul 10
Comment
Big issuers plan to switch some customers to variable-rate cards from fixed as credit-card reforms take effect
Reuters
Jul 9
Comment
Bank of America Corp and JPMorgan Chase & Co are switching some customers who have fixed-rate credit cards to potentially higher variable rates, acting before a new law takes effect that limits what card issuers can charge.
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