Drillers to leave oil in the ground. Good morning, this is bloomberg surveillance. I am Francine Lacqua. Lets check in on the markets. We have a lot of news, but we are used to it. Terms of european stocks, u. S. Futures, and everything in between, the big story is oil. We had the iaea report yesterday, production cuts on sunday did not seem to be enough. Stocks rising, u. S. Futures rising. Investors are trying to gauge the damage caused by coronavirus, and awaiting the next corporate earnings. The dollar also extending gains. Lets get the first word news from new york city. Milestone, with a global infections topping 2 million. In the u. K. They will extend the nationwide lockdown as Officials Say there are signs britain may be passed the worst of the pandemic. In theh korea, and election, the Democratic Party in the 300places seat national assembly, that is the largest elementary victory in more than 30 years. The result as a show of support handling of the coronavirus outbreak. Fiv
Frost advisory. Yesterday condo down. Might be marginal. Some areas you can find critical minimums. Its cold enough. A hint of a breeze. More so today than yesterday. You see more 40s but a lot of 30s. Coldest in santa clara. This will give us cloud cover and drain as it moves in. Temperatures bumping up. Below average. 7 01 am. We start in washington. The house is set to vote on a 2 trillion 7 01 am. We start in washington. The house is set to vote on a 2 trillion coronavirus rescue package. House speaker says she expects to pass legislation passed unanimously in the senate. It will provide business loans. It will provide 500 billion for large companies. It gives money to the Healthcare System. It sends direct payments of 1200 a people earning up to 75,000 a year. Speaker nancy pelosi says another package may be needed to help the country recover from the coronavirus. Why do we need another . We need it because the Health Workers work in the settings needed. We need it because of fami
Down. The new Trump Administration plan to boost immigration arrests in sanctuary cities. Bay area groups sound off on the operation involving elite Border Agents. Were ready to respond with power and not panic. Reporter police made arrests in a double homicide case that shocked an east bay community. Bosay the city needs to do more to keep them feeling safe. Theres justice, but its not solving the problem whatsoever. Theyve been sentenced to death, they have nothing to lose. The new program allowing death row inmates at san quentin to switch prisons. The debate getting heated. Its just another slap in the face to victims. And how do you turn that play and other iconic moments from the Golden State Warriors into a work of art . Coming in down like this was part of will chamberlains move. Right now on the kpix 5 news at 7 00 and streaming on cbsn bay area, a confession from San Franciscos mayor sparking new ethics questions tonight. Good evening, im elizabeth cook. And im elizabeth cook
Elevations such as the east bay hills afternoon hours will bring plenty of sunshine and increasingly dry skies. Ahead of what will be another round of rainfall early tomorrow morning you can see that he out the Northern Pacific right now a couple of spots of drizzle right along the coastline. But weve really dried out since those overnight showers right now temperatures are in the mid to upper 40s to even low 50s in oakland and San Francisco so much more mild start to the morning than what we had for yesterday that releasing any 30s on the map which is an improvement and into the afternoon today were going to stay mild a little cooler than yesterday mid to upper 50s for daytime highs. I have more on your forecast still to come rob. Its a great time to get on out there and leave early since im not tracking any hot spots are major problems its a great commute right now. Into San Francisco often on youll see the cash lanes stack up just a little bit but overall smooth across the upper dec
Goodness, ok so now that the moment, about the weather you know what roadways are slick out there which i means you should all be careful as youre getting outside this morning. At least rainfall has really died down from overnight besides a couple of spots of sprinkles and drizzles we are looking at a pretty dry morning roadways just feeling the punch from last night you can see the low clouds hanging out about berkeley and look at where visibility is so those low clouds are settling into our lower elevations and us visibility affected novato napa conquered currently seeing visibility below a mile youll see that at times today and Oakland Hayward of livermore as well so do watch those roads. This morning, its like and visibility is an issue now temperatures not so much an issue thats the nice part of all this rain has died down as well so thats a favorable a factor as you do it take to roadways. Just a couple of sprinkles right along the coastline. Temperatures in the mid to upper 40s,