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NYTIMES (Stefanos Chen) - A Long Island Rail Road Strike May Be Near. Here’s What to Know.

America’s busiest passenger rail service will shut down on Saturday if workers and transit officials cannot agree on a new contract.

NYTIMES (Lily Kuo, Jiawei Wang and Pei-Lin Wu) - ‘For Example, Putin’: How Xi Used a Private Garden Walk to Charm Trump

Watch an exchange between the two men in which the Chinese leader sought to signal exclusivity and name-dropped Russia’s president.

AXIOS (Emily Peck) - Bonds worry, while stocks enjoy the "bliss trade"

The stock market and the bond market are telling different stories about the economy: Bonds fear doom, while stocks see boom. Why it matters: That's a bit confusing for investors and policymakers looking to these markets to make decisions — or for anyone trying to get a read on (waves hands) everything. The intrigue: Stocks are betting on what former IMF chief economist Gita Gopinath calls the "bliss trade " — a belief that stocks can keep rallying even as bond investors price in more inflation risk. Zoom in: Central to this thinking is that any real geopolitical shocks will be offset by government spending, Gopinath, now a professor at Harvard University, wrote in the Financial Times. - That's what happened in the 2022 energy shock…