Wall Street wasn’t pleased with Red Hat’s second-quarter revenue miss on Wednesday, but the software company’s outlook is much brighter than this quarter made it seem, Red Hat President and CEO Jim Whitehurst told CNBC […]
Thanks to “widespread consumer abuses,” the Federal Reserve has limited Wells Fargo from growing in assets, which has stymied loan growth. As a result, Wells Fargo is the only bank that hasn’t significantly improved earnings […]
The number of Americans filing for unemployment benefits unexpectedly fell last week, hitting near a 49-year low in a sign the job market remains strong. Initial claims for state unemployment benefits fell by 3,000 to […]
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