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The Wall Street Journal Prime Rate (WSJ Prime Rate) is a measure of the U.S. prime rate, defined by The Wall Street Journal (WSJ) as "the base rate on corporate loans posted by at least 70% of the 10 largest U.S. banks". It is not the "best" rate offered by banks.
Prior to December 17, 2008, the Wall Street Journal followed a policy of changing its published prime rate when 23 out of 30 of the United States' largest banks changed their prime rates. Recognizing that fewer, larger banks now control most banking assets (that is, it is more concentrated), the Journal now publishes a rate reflecting the base ...
The prime interest rate, also known as the “U.S. prime rate” or “Wall Street Journal prime rate,” is determined by individual banks, helping them decide how much interest to charge for ...
The Wall Street Journal is the second-largest newspaper in the United States by circulation, with a print circulation of around 560,000 and 3 million digital subscribers as of 2023. [ 1] WSJ publishes international editions in various regions around the world, including Europe and Asia.
USA Today. USA Today (often stylized in all caps [ 5]) is an American daily Tabloid middle-market newspaper and news broadcasting company. Founded by Al Neuharth in 1980 and launched on September 14, 1982, the newspaper operates from Gannett 's corporate headquarters in Tysons, Virginia. [ 6]
NEW YORK (AP) — U.S. stocks rose Friday after some mixed signals on big banks' profits and inflation did little to dent Wall Street's belief that easier interest rates are on the way. The S&P ...