You’re not alone: Unerring Brexit Forecaster Is Now as Confused as Rest of Us (Bloomberg)
Good News Rules: Los Angeles Is Having a Loud Economic Boom (Bloomberg Opinion – Matt Winkler)
From home values to share prices, its expansion is outpacing big-city peers under a business-friendly Democratic mayor. Los Angeles has become the most productive of the five biggest U.S. cities. More than a decade before his fellow Democrats were proposing a Green New Deal, Mayor Eric Garcetti authored L.A.’s clean water bond and municipal green-building ordinances.
Jobs Day: U.S. Payrolls Top Estimates With 196,000 Rise as Wages Cool (Bloomberg)
Must Read for Jobs Day: Jobs Surge Masks Technological Disruption (Axios)
The exhilaration of US employment growth masks a stark, second reality, which is that some economists also are calling for the government to urgently prepare the labor force for a future wave of automation that seems likely to destroy jobs and roil communities across the country. Already, workers displaced in prior technological cycles “have experienced profound downward mobility” in new jobs at much lower pay and benefits, according to a new Aspen Institute report.
Americas Must Reads:
-China’s Construction Binge Spreads to Americas, Rattles US (Associated Press)
-Venezuela Says More Russian Troops May Arrive as Syria Offers Support (Newsweek)
Spotted: Joe Biden Filming Video in Hometown Scranton (WNEP TV – Scranton, Pennsylvania)
Midterm Consequences: U.S. House Expands Domestic Violence Gun Controls in Rebuke to NRA (New York Times)
“Lawmakers should be reading the tea leaves. In the midterm elections, it was gun safety that got people to the polls,” said Shannon Watts, the founder of Moms Demand Action for Gun Sense in America.
U.S. College Admissions Scandal: How to Get Into Harvard – Buy the Fencing Coach’s House at a Premium (The Boston Globe – hat tip: Howard Wolfson’s Daily Biscuit)
Future of Amazon: Jeff and MacKenzie Bezos Divorce Terms Ease Concern Over Who Controls Amazon (Bloomberg)
Future of Space: Amazon Planning 3,236-Satellite Constellation for Broadband Connectivity (SpaceNews)
Future of Fashion: Beyonce Teams Up With Adidas to Sell Shoes and Clothes (Bloomberg)
Weekend Arts in NYC.
Opening Today – The Shed: High Culture Comes to Hudson Yards (New York Times)
Tour the Shed! A First Look Inside New York’s New $475 Million Arts Center (Bloomberg)
After several years of construction, The Shed officially opens today. Computer renderings of the Shed have circulated so widely and for so long that the building takes on a slightly surreal quality in person.
In the context of the glassy Hudson Yards on the far west side of Manhattan—near the gleaming insectoid Vessel—the milky, translucent exoskeleton of the Shed seems almost a fantasy.
Best of late night.
“Archaeologists studying the ancient city of Pompeii recently discovered a 2000 year old equivalent of a fast food counter. In fact, experts think it was the very first ‘Little Caesar’s.’”
“A meat plant in New Hampshire is recalling more than 2,600 pounds of sausage products because they’re afraid the meat could contain metal. Even worse, it may contain whatever it is that’s normally in a sausage.”
— James Corden
On the 4 page letter by Trump’s Attorney General William Barr summarizing the 300-plus page Mueller report:
“That’s like tuning in to see the new season of ‘Game of Thrones’ and it’s just Barr holding a sign that says, ‘Dragons did some stuff. The end.’”
— Stephen Colbert
For more Best of Late Night from the New York Times, click here.