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Categories, unlike tags, can have a hierarchy. You might have a Jazz category, and under that have children categories for Bebop and Big Band. Totally optional.

Former AIG Chief Hank Greenberg Settles Fraud Case

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Ex-Banker Gary Cohn Emerges as Economic-Policy Powerhouse

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Revisiting the Mystery of Julian Assange, in ‘Risk’

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Border Tax Could Upend Global Markets

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Advisers Who Call Themselves Fiduciaries May Not Live Up to It

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How to Get Conflict-Free Retirement Advice

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