Business Update

The stronger-than-expected report offers President Trump a talking point for the midterms, even as it also reduces the odds that the Federal Reserve may cut rates. Source link

The labor market has improved but people entering the work force are having a harder time starting careers, a dynamic that has had permanent effects in the past. Source link

The artificial intelligence giant said a “brake pedal” was needed to protect humanity from self-improving models. The proposal could have big consequences. Source link

Stephen Hanson, whose empire included Blue Water Grill and Ruby Foo’s, was a devoted friend and wingman who helped manage and entertain the women in Epstein’s orbit. Source link

Americans — especially American men — love trucks, and high gas prices aren’t swaying automakers. Ram has a new line of fuel-guzzling muscle trucks, and some in-your-face ads to sell them. Source link

Beijing says the changes are needed for national security, but they could complicate efforts by Chinese companies to find growth overseas. Source link

The airline Lufthansa said the cause of the accident at Frankfurt Airport was under investigation. The plane can weigh 279 tons at takeoff. Source link

Nick Bilton said he had consulted with the program’s remaining correspondents: Lesley Stahl, Jon Wertheim and Bill Whitaker. All three were deliberating whether to stay with the show, two people said. Source link

Jamie Dimon himself is planning to pitch investors on the offering of Elon Musk’s rocket company, as banks prepare to reap huge fees from the largest I.P.O. ever. Source link