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President Joe Biden has signed an executive order to block and regulate high-tech U.S.-based investments going toward China. The administration says the move is targeted even though it reflects an intensifying competition between the world’s two biggest powers. The order signed Wednesday covers advanced computer chips, micro electronics, quantum information technologies and artificial intelligence. Senior administration officials says that the effort stemmed from national security goals rather than economic interests, and that the categories it covered were intentionally narrow in scope. The order seeks to blunt China’s ability to use U.S. investments in its technology companies to upgrade its military while also preserving broader levels of trade.

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The job market has cooled over the summer. But it's still strong enough to defy predictions that higher interest rates would tip the United States into recession.

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The job market has cooled over the summer. But it’s still strong enough to defy predictions that higher interest rates would tip the United States into recession. U.S. employers added 187,000 jobs last month, fewer than expected, as the higher interest rates continued to weigh on the economy. But the unemployment rate dipped to 3.5% in a sign that the job market remains resilient. Hiring was up from 185,000 in June, a figure that the Labor Department revised down from an originally reported 209,000. Economists had expected to see 200,000 new jobs in July.

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Director Greta Gerwig has admitted she's currently got 'zero' plans to bring Barbie back for a second outing following the film's huge success at the box office

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