2.31%C 7.40 5.37%QQQQ 27.81 2.83%
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CHICAGO - Northern Trust Co. said Thursday it lowered its prime lending rate to 4.5 percent from 5 percent.
| NTRS | 46.17 |  0.62 |
The cut in the prime rate matches the 0.5 percent rate cut the Federal Reserve Board announced Wednesday. The prime rate usually moves in lockstep with the fed funds rate, which is now 1.5 percent.
The prime rate is often used for consumer loans such as car loans and home equity loans.
U.S. stocks were mixed on Thursday after retailers reported mostly disappointing sales while other big-name companies announced layoffs and Europ...
Toyota Tsusho Corp (8015.TSE), a trading house affiliated to the Toyota Motor Corp., is set to import rare-earth metals from India and Vietnam, a...
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