What a top. Its not a pretty picture. Avert your eyes. Lets take a live look at the latest numbers right now in the stock market. The dow down almost 800 points right now. It has been down all day long. Big sell off on wall streeto start off wednesday and thats after dropping over the past two sessions. A new surge of coronavirus cases being reported worldwide. German officials announced an agreement for a four week partial shut down closing restaurants, bars and theaters. Not good for the economy. France is also preparing to tighten its controls. Their president is planning a National Address thisevening. The United States just recorded its worst week for new cases since the pandemic started. More than a half million numbers are rising in 43 states, roughly a third of all new cases are coming from the midwest. A member of the White House Coronavirus Task Force Said that the numbers arent just up because of more testing. Even though testing is up. This is a real increase in cases. We k
The jacket with those cold temperatures. As we head through the arch. Sunshine does look very pleasant. Mild temperatures. Low 70s in San Francisco, mid 70s in oakland. 8o degrees for concord. Four to seven degrees above average for this time of year. We will talk about the sea breeze making its return coming up and lets check in with traffic. Its getting a little crowded here at the toll plaza. We are starting to see that traffic pattern forming as well as you head up the incline. They havent turned them on. Coming out of the east bay heading into San Francisco. Still clear off 80, westbound 580 doing okay and theres a trouble spot, westbound 4. A broken down vehicle stuck in lane. A part of 580 where we are seeing quite a bit of crowding is that drive into the pass. Already slow and go out of tracy, at least beyond north flynn. 36 minutes from 205. Traffic starting to load up. Developing in San Francisco, 28ucsf health care workerns under quarantine this morning. Five people at the h
Well get to that in a bit. First talk about the forecast. Meteorologist kari hall, it looks nice and cool in downtown san jose. Yeah, weve had a very chilly start and were going to see mornings like this for the next several days. Also warming up for the afternoon so a cool start, a warm afternoon and nice weather continuing into the week as we get ready for halloween. Lets check out todays high temperatures as we reach in some spots the low 80s like morgan hill. Clear like, 81. 78 in san jose. A look ahead coming up in a few minutes. How is it looking getting out the door, vianey . Still looking good. One thing i did notice as we usually see right around the 6 00 hour is the increase in traffic flow. Im starting to notice some slowing in the fremont area. Not because of accidents. I think its because more people are hitting the roads. Also slower now westbound 80 to the bay bridge about 12 minutes. Ill have a look at the rest of the bay area. Back to you. Thanks, vianey. Now to decisi
Are World Series Champions, but not without a covid controversy. Well talk with pitcher Clayton Kershaw on how the team triumphed during a challenging season. Did we think clayton went to bed . Well find out. But first heres todays eye opener, its your world in 90 seconds. The dodgers are one out away. Called strike three the dodgers win, finally over the last 32 years, the dodgers have knocked at the door a few times. This year they kicked it in. President trump making the appeal once again to suburban women. Your husbands, they want to get back to work. Right . They want to get back to work. Were getting your husbands back to work. Wildfires continuing to burn across Southern California forcing thousands to flee their homes. Its chaos for about 20, 30 minutes because youre in a panic. Im physically and mentally tired. The gulf coast bracing for another storm as zeta heads towards louisiana. No matter how fatigued it does not tire us. The National Guard was deployed to philadelphia. V
Next, President Trumps populism and its potential lasting impact. The America Enterprise Institute talks with the university of chicago mulligan about the policies on trade, immigration, debt and deficit spendi spending. Hi, im jim of the american Enterprise Institute and welcome to our event. Ras trumpism pollism succeeded. The president has combined republican tax cuts and deregulation with more restrictions policies on trade and immigration. While the president s rhetoric has often been antielite, norm violating and sometimes inflammatory, hes won the support of the Mainstream Republican Party and lawmakers alike. What are we to make of his presidency . Have President Trumps economics been successful. Going forward what lessons should policy makers learn from the recent rise of populism on the left and right . Today ill discuss these issues with two great guests. Casey mulligan, professor of economics at university of chicago and chief of economists, of the counsel of economic advis