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‘It sounds too good to be true’: Cattlemen accused of running $191 million beef Ponzi scheme

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GM’s robotaxi unit Cruise dismisses 9 top execs, announces layoffs amid probe into San Francisco crash that injured pedestrian

Cruise, the troubled autonomous-vehicle unit of General Motors, has dismissed nine "key leaders" in the wake of an October crash in San Francisco that left a pedestrian critically injured.

SEC Chair Gensler invokes GameStop in defense of new short sale rules

The hedge fund industry is challenging new rules that require more disclosure of short sale transactions, but SEC Chair Gensler is standing by them

Outside the Box: Want great returns without great risk? It’s possible if you do these two things.

History shows the odds are stacked in your favor.

: Moderna’s stock boosted by positive data from trial of melanoma treatment combined with Merck’s Keytruda

Moderna's stock was on track for its biggest one-day gain in more than a year.

: ‘Retirement security is under threat’: More people are raiding retirement savings to pay bills

Rent, car repairs and medical bills are leeching retirement savings.

: ECB’s Lagarde, Bank of England’s Bailey fight back against rate-cut talk

Christine Lagarde and Andrew Bailey say the battle against inflation has not yet been won.

Market Extra: Move over, Nvidia. Investors may be ready to make this stock their new No. 1 chip pick.

Retail investors have made a renewed push towards chip stocks since early November, with one in particular growing in popularity. And it's not Nvidia.

: Intel announces new PC, server chips designed for AI uses

Intel Corp. announced new PC chips Thursday, which can power many computers built for artificial-intelligence tasks.

Futures Movers: Oil prices shoot higher as softer U.S. dollar triggers ‘short squeeze’ rally

Oil prices shot higher on Thursday, adding to their gains from Wednesday's session as a weaker U.S. dollar helped boost commodity prices.

Economic Report: Import prices fall for second straight month and as U.S. inflation eases

The cost of imported goods fell 0.4% to mark the second decline in a row, contributing to a slowdown in U.S. inflation more broadly.

Economic Report: U.S. jobless claims plunge to lowest level since mid-October

Initial jobless claims fell by 19,000 to 202,000 in the week ending Dec. 9, the Labor Department said Thursday.  That's the lowest level since mid-October.
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