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Hairline Fracture

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Consumer

Budget-Conscious Shoppers Splurge on General Mills’ Cat Treats While Skipping Cereal

General Mills lost $2 billion in its latest quarter, but cost cutting and innovation plans served as investor-luring lucky charms.

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Economics

New Fed Chair Noncommittal on Interest Rates, Emphatic on Central Bank Independence

New Federal Reserve Chair Kevin Warsh is proving exceptionally gifted at staying mum on the central bank’s interest rate plans.

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