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Wells Fargo CEO Charlie Scharf and Pfizer CEO Albert Bourla sounded the alarm Wednesday over the potential for the the U.S. to lose its competitive edge to China, but said artificial intelligence could help America maintain its lead. Speaking at CNBC's inaugural Invest in America Forum in Washington

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Independent data provider ADP reported a decline of 32K jobs in the US private sector in September. The data was significantly worse than the expected growth of 50k. Moreover, August figures were revised down from +54k to -3k. ADP thus paints a very bleak Market Picture of the labour market, while r