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The u. S. Election and there is profit taking in parts of the market. Investors, trying to figure out what a biden possible blue sweep and the senate means for markets. The focus is on brexit. Rushing outstories and we go to the fed and jobs tumbling. Oil two other stories we are watching, euro area october are thanring pmi, that expected, 54. 8 instead of 54. 4. Se extra this is pretty lockdowns. Watch down for some of the stocks because there was an input error. Maybe we look at individual countries instead of the stoxx 600 as a whole. Lets get to the first word news in new york in london with leighann gerrans. And thank you. With one day until the u. S. President ial election, democratic nominee joe biden is leading incumbent donald trump in a series of polls. He remains ahead nationally as well as in key battleground states although some of the races remain extremely close. A number of polls put widen and ahead in the key swing state of pennsylvania. The u. K. Is set to enter a loc ....
Apart or they must have some plexiglass between them. Provide hand sanitizers and employees and customers need to wear face coverings. No preset table settings. No table linens will be there waiting for you. They must be transported in a sealed bag. Also get ready to see disposable menus and that is also going to be new and that will see when we are allowed to eat out. We dont know when that will be. Local officials have not said yet when this will take place in the bay area. Reporting live in walnut creek, abc7 news. Thank you, amy. Oakland has joined l. A. And San Francisco in passing an emergency sick leave policy and heres more of what were learning. East bay times reporting that the City Council Unanimously approved the legislation yesterday. It requires employers with more than 500 employees to provide 80 hours of paid sick time off for front line workers, if t ....
In washington, lets kick it off with blake. Reporter we are seeing a backtracking away from china in a couple different places across washington today. Lets start with what we first reported exclusively on foxbusiness. Com on monday evening which is that the white house part, President Trump and his top advisers wanted to see the federal Retirement Savings plan that relates the federal government workers not have any exposure whatsoever to chinese equities. There was a fund that was shifted, about 4. 5 billion into chinese equities, that was expected to go into play, the white house said they did not want that to happen wanted to answer by the end of business today, that fund responded to the white house and said that they will not be putting the nearly 5 billion worth of government Retirement Funds into a fund th ....
Medical screenings, and social distancing. Meat Packing Companies have also increased pay for workers during the crisis. Tyson announced two 500 bonuses in may and july. Jbs has raised hourly pay and is giving a 600 bonus to workers who had no more than two unexcused absences between april 20th and may 15th. But mark pe prrks rone, president of the Ufcw International union which represents many workers, is skeptical. They want people to come to work so theyre paying them more money. The problem with that is it puts them back inside the plant. Reporter jbs workers who stay home because they fear contracting the virus wont lose their jobs, the company says, ich perrone says leaves many d, workers with the option to work because they need their paychecks. Just because youre an essential worker doesnt mean youre expendable. And i think that people have started to think abo ....
Dron after the couleers tod corehey e concerned about a spike in infections if states loosen restrictions too quickly. Today, we learned cases are spiking in about half of the country, even as more states move to reopen beaches and businesses. As we come on the air tonight, nearly 84,000 people have died from covid19 in the u. S. And confirmed cases nationwide are moving close to 1. 4 million. Tonight, theres also a stark new warning from the head of the Federal Reserve. Jerome powell, the countrys central banker, says the u. S. Economy could face lasting damage if congress doesnt pass additional stimulus. Theres a lot to get to tonight, and our team of correspondents is covering it all. Cbs paula reid leads off our coverage from the white house. Paula. Reporter margaret, chairman powell autopsy said that the speed and the scope of the down turn is without modern precedent, and significantly worse than any recession since world w ....