1. 9 trillion. Also some comments on timing. A a lot of comment from the white house. Tesla is the stock afterhours. Trying to eke out gains. Looks like it will. Ahead of Earnings Report we expect to come out during this hour. Well cover that. Analysts look for any sign that tesla meets delivery target fore2020. The number to watch is 500,000 vehicles. 500,000 on deliveries. Remember that when tesla comes out. Today our swing state economy series brings us to south st. Paul, minnesota. Weve been speaking to people on the ground as President Trump wants to flip this state red. He has less than two weeks to do so. Well hear about Business Owners and how the economy impacts the vote. Were ask our host, with a local business running here since the 1800s at the same location. How they weathered the pandemic and over times. They make fire hydrants and Fire Suppression equipment. Real interesting american company. Well talk a lot about that later in the hour. Fox Business Team coverage of our
South bay due to triple digit heat. Dangerous heat friday into the weekend. And ill have detaiwthe bay bridge commute . Its already getting busy. If you are headed out the door and you plan on taking the bay bridge, check this out. Weve got a bit of a backup kind of earlier than usual this morning. Metering lights are on. An accident near the upper deck near Treasure Island. The lanes have been cleared now but look at that backup all that red on the sensors so its a slow ride working your way out of the east bay heading into the city. A back up all the way into the maze, westbound 580 and the eastshore freeway also slow. You have got brake lights as well as you work your way on the west grant exit over to the bay bridge. And the Altamont Pass, also heating up. More on that coming up in the next report. Len . Right now, crews in the east bay are trying to fix several water main breaks that have triggered flooding in parts of emeryville and berkeley. Hollis street is closed in both direc
Treasure island camera. As we look towards San Francisco and were starting off our day in some spots with mainly clear skies. Although low clouds and fog in oakland at 59. So in the 50s and 60s but check out santa rosa right now. Down to 49 degrees. So as we take you through your afternoon were going to see that sunshine. 72 in San Francisco. 79 in oakland and upper 80s in san jose. And upper 90s for concord. Well talk about that excessive heat watch for our inland locations starting tomorrow. Details on that coming up in a few minutes. Im anne makovec at the live news desk. And we are monitoring the ongoing repairs going on in the east bay right now. After several water main breaks causing localized flooding and we have hundreds of tht warvicei this is in both emeryville and west berkeley. It looks like east bay m. U. D. May have overpressurized the system in an area where the pipes were just too old to handle it. So the cause is still under investigation in emeryville. This is in the
Ladies and gentlemen, the president of the United States. Pres. Trump thank you very much. It is a great honor to have everybody here. I know the press was not quite expecting this, so i appreciate your being able to attend. We have a terrific number of things and positive things to tell you tonight. I want to give an update on the economy. Economic health is vital to public health. That is why our strategy to kill the china virus is focused on protecting those at greatest risk, while allowing younger and healthy americans to safely return to work and school, very important. We added 1. 8 million jobs in july, exceeding the predictions, and in may. I will say the job growth we have seen over the last three months, 9. 3 million, is the single best in u. S. History. That is big news and great news. Over the past three months, the u. S. Has surpassed Market Expectations by a total of 12 million new jobs. Over the last three months the u. S. Has added 623,000 manufacturing jobs. Remember,
Analysis. Kit juckes this morning was smart, smart, smart. One calculation i saw was it was only 5 of gdp, and that is a squishy number. But that aint much. You really wonder, whether be a second deal if the slowdown in europe continues . Francine it is 5 but every country has to ask for it, so it wont go to everyone depending on whether they need it or not. The other thing is that he could be the first step toward more physical integration in europe. It is a path forward, and that is probably why it is being heralded by euro files as something of a great deal. Lets get straight to the bloomberg first word news in new york city with ritika gupta. Ritika as you were discussing, it is a done deal. European Union Leaders have agreed on a landmark 860 billion economic Recovery Fund. It is split almost equally between grants and low interest loans. It will unleash vital Financial Aid to the southern european economies it hardest by the coronavirus, and it is being paid for by hundreds of bi