on the spac fever, host youngest female trader on the new york stock exchange and show coming public.ren. quickly you were the youngest trader on the new york stock exchange, the second black american to do that. your current thoughts on recruiting efforts and things being done on the floor and within wall street. >> well i think as far as the new york stock exchange i don't think there has been enough but i do think there is conversations around wall street to get more people of color and more diversity down on wall street. i do see that being a focus and initiative. we see diversity and inclusion. recruiters are coming out and trying to get into different pockets of america to reach new talent. the talent is out there. we need to reach them. we'll have the accessibility to get them down on to wall street. charles: i tell you what is accessible these days, going public. i saw a people that had oprah winfrey saying you get an ipo, you get an ipo. you get to go public. we have three things happening. you have got the traditional ipos and facts, and we have direct listings we're up to f

i reporters are still not allowed back on the floor of the new york stock exchange so that has also still not changed since march well what we do see is that a lot of the stocks that theoretically profit from the reopening of the economy alliance a cruise ships a motel chains and the likes and they're all under pressure here and the early friday is session but overall the market seems to be pretty resilient surprising to me because usually what wall street really hates uncertainty and i would say this clearly it's too uncertain to you what we're seeing what's going on right and now we did open lower it was the dull jones industrial average by a good $450.00 points but at the moment we're down only about $100.00 so is this according to you yes so looking like a blip or could we see a large movement a downward to come or well it really depends because all we know so far is that the u.s. president does have symptoms even though there are considered to be mild but if that's going to stay that way it will probably take a couple of days to figure that out and then we shouldn't forget the health

he's live from the new york stock exchange on how he plans to win in a rapidly growing field race. >>> first, i want to get you straight to the breaking news that hit the tape about 14 minutes ago. of course, it's the president tweeting quote, i will be leaving the great walter reed army medical center today at 6:30 p.m. feeling really good. he goes on to say quote, don't be afraid of covid, don't let it dominate your life. i feel better than i did 20 years ago. now, the backdrop for the update we are waiting on from his physician is the news that the white house covid outbreak has just sprouted another head here again. this after press secretary kayleigh mcenany became the latest white house staffer to announce she has tested positive for covid. let's go live to edward lawrence, who is at walter reed army medical center in bethesda, maryland. we are waiting on the doctors so if i interrupt you, i apologize. give us what you can tell us. reporter: right now, as you know, doctors are coming out. the president in three and a half hours will be leaving, walking out of walter reed nationa

live sports streaming service fubu tv makes its debut on the new york stock exchange. the cable disruptor ceo is here on his trick to competing against other streamers with deep pocketed corporate parents. >>> we've got to begin with a fox business market alert here. mixed signals again out of washington about the state of stimulus negotiations. so tuesday and wednesday was president trump who weaponized the stimulus, first demanding suspension of all discussion and then a few hours later saying he's open to stand-alone aid for airlines and individuals. today, it was house speaker nancy pelosi who grabbed the marketmachete. listen. >> -- having a stand-alone bill for the airlines or part of a bigger bill, but there is no stand-alone bill without a bigger bill. liz: all right. so initially higher, airlines slipped into negative territory but you can see they're all back if the green except for american airlines which is just about one penny higher. call that flat. but airline jobs are still hanging in the balance. american airlines and united have furloughed some 32,000

the lion's share of the stocks, the new york stock exchange in the period, they were railroad stocks.ot of people scrambled in to get in on the ground floor. one of those projects was the northern pacific railroad and the fellow who won the right to be the chief fund-raiser for that project was jacob. very well respected financier. he had been a major financier of the union effort during the civil war. but the problem was this. investors were starting to realize a near an early 18 seventies that perhaps in our zeal for railroad building that we had gone too far. maybe we overbilled. maybe the railroad bubble is about to burst and all of a sudden, jake cook had trouble raising money. he had trouble getting along. people found out he was overextended. on september 18th 1873, jay cooke and company declared bankruptcy. when cooke we went under a drag down other businesses and railroads and banks with him, a panic hit wall street. you see the picture here. beginning september 20th, the new york stock exchange which i said was very populated by railroad stocks closed for ten days. over the

i want to go straight to the new york stock exchange to figure out what's going on. what's behind this sharp sell-off? >> i think investors are contending with this growing buffet of uncertainty. we're seeing stocks sink as new covid cases hit record levels, also you pointed out at the top of the show, not helping is the statement from mark meadows telling jake tapper we are not going to control the pandemic. yes, that is making investors nervous. there's a lot to grapple with as the uncertainty grows about how the global economic is being affected by restrictions. we're seeing that happen overseas. restrictions are being tightened across major countries. it's raising the probability of a further pullback in business operations lack create a slowdown of economic activity globally. we're also seeing, brianna, the sell-off accelerating as stimulus talks stall again. there's nothing around the corner for millions of families to pay their bills, put foot on the table, nothing to help these especially these small businesses that are struggling to survive the pandemic. then

indeed the lion's share of the stocks on the new york stock exchange were not industrial stocks, theyere railroad stocks and a lot of people scrambled to get in on the ground floor and one of those projects was the northern pacific railroad. and the chief fund raiser for that project was jay cook. he has been a major financier during the civil war. investors were starting to realize in the early 1870s that perhaps in our zeal for railroad building we had gone too far. maybe we're overbuilt. maybe the railroad bubble is about to burst and all of a sudden jay cook had trouble raising money. he had trouble getting a loan. people found out he was overextended. and on september 18th, 1873, jay cook and company declared bankruptcy. when cook went under, it dragged down other businesses and railroads and banks with him. a panic hit wall street. beginning september 20th, the new york stock exchange, which i said was heavily populated by railroad stocks, closed for ten days and over the next two months, 55 railroads went bankrupt and i didn't stop there. by 1874, 25% of the nation's railroad b

beginning september 20th, the new york stock exchange, which i said was heavily populated by railroadcks, closed for ten days. over the next two months, 55 railroads went bankrupt. it did not stop there. by 1874, 25% of the nations railroad bonds were in the thought. it wasn't just railroads that were affected. over the following two years, there were over 18,000 business failures. many people, including this cartoonist, clung to the traditional view that ultimately this was a necessary evil. right? failure is part of the capitalist system and so we should see the panic as the cartoonist does, as a sanitation officer cleaning all of the trash out of wall street. and maybe so, but in the meantime, a lot of people had to suffer. in the meantime, railroad construction ground to a halt. unemployment skyrocketed in many sectors. in some cities, unemployment was as high as 25% and jobless nice remained right for the next five years. at the same moment, people were also starting to ask questions about whether or not the railroads should have so much power within this new national economy. we

there are more than 500 regal cinemas in the u.s. >>> weight right now we're looking at the new york stock exchangebout 260 points. >>> new at 6:00, some 2020 dating help coming through for harris the otter. he was left alone in a sanctuary in england when his partner died, so keepers set up a fake dating site for him called fishing for love. in the profile harris said he is attentive and is worked. another uk sanctuary got in touch and harris will live with a new mate there. >> now you care about harris now that you found out he lost his partner. >> you're right. i didn't know that before. so harris, you deserve to live your best life. >>> a little closer to home, an update on a mountain lion cub rescued in the zog fires. the cub is now being called captain cal. the oakland zoo sent out this video. cal fire found the little guy last week. his feet badly burned in the flames. vets removed the damaged skin from his paws and wrapped him again so they can keep healing. they say right now he's drinking a lot of formula. if you want to help out with his care, the zoo says you can make a donation. they a

a live look at the new york stock exchange. can see we are down about 200 points this morning. >>> new this morning, united airlines is going to begin free covid-19 tests for all passengers on select flights from newark, new jersey to lond london's heathrow airport. customers doubled after adding flights to hawaii. that two-week quarantine is still in place for u.s. travelers. do your research. >> right. you do not want to turn around. >>> here at abc, we're committed to helping build a better bay area, that includes the impact the pandemic is having on our economy. today i'm featuring a north bay company with locations all over our region. they have hundreds of positions in their database ready to be filled. okay. so you're sitting here thinking to yourself, ugh, i need a job but where do i start? what do i do? well, how about nelson. his name is not nelson, but he is the ceo there. >> there's jobs available. you shouldn't feel like there isn't. if you heard from somebody else that there isn't a job available, call nelson, we'l

. >>> and looking at the big board of the new york stock exchange. up about 25 points. >>> and a look at the new iphone. what will be missing from the box the next t taking california for a ride. companies like uber, lyft, doordash. breaking state employment laws for years. now these multi-billion-dollar companies wrote deceptive prop 22 to buy themselves a new law. to deny drivers the rights they deserve. no sick leave. no workers' comp. no unemployment benefits. vote no on the deceptive uber, lyft, doordash prop 22. one ride california doesn't want to take. >>> welcome back. a live look from sutro tower. it will be a sunny one today. temperature already 67 there. temperatures in the 70s and 80s at noon. 70s at the coast. 80s and 90s for the bay and inland neighborhoods. still in the 70s at 8:00 this evening. even after the sun has been down for almost two hours. looking at the fire index. it increases as we head throughout the day, especially the east bay and the diablo range. the east bay hills, the santa cruz mountains we top out in the extreme highest category. so

on average companies expect a 2.6% raise for nonexecutives. >>> let's look at the new york stock exchangeay. you can see we're still up 335 points. >>> new this morning, the nobel prize in chemistry goes to two women, one of them is a uc berkeley scientist. let's check in with jobina fortson for more on that. >> it has been. it's exciting news. cal professor, jennifer doudna teaches at uc san francisco. she won the nobel prize in chemistry for developing a method of genome editing. surprise, abc7 news just interviewed her in march. in our interview there. the technology is called crispr and it can rewrite dna and has the promise of curing inherited diseases and even cancer. doudna is sharing the prize with emmanuelle charpentier. ucfs is working on a new test kit that can diagnose infection in less than an hour by using gene targeting technology. it's also been controversial. a couple years ago a chinese scientist said he used the technology to make the world's first jangenetically edited bab. >> they just won, uc berkeley did, a surprise in physics yesterday. two-in-one week. that's not

. >>> and you're looking live at the big board right now for the new york stock exchange. we'll have the >>> welcome back. 6:43 on a friday. golden gate bridge, when you get to the mid-span, it gets really dark with thick fog covering you. 45 to 50, about the same it has been. cooler at the coast today, 50s and 60s because of the lack of sunshine from time to time. the rest of us are hitting the 70s, grab a coat if you're heading out this evening, back in the 60s by 7:00. smoke grifti idrifting our way central valley yesterday. for those sensitive you should be fine. just a quick reminder, daylight saving ends, standard time begins. set your clock back an hour before you go to bed saturday night. >>> we're following breaking news. a magnitude 7 earthquake struck off the coast of turkey and greece. turkish officials report that at least six buildings in the western province have been destroyed. the governor said there was no immediate information about casualties or injuries. the earthquake could be felt in eight countries. >>> developing news, philadelphia police say body

. >>> and you're taking a live look at the big board at the new york stock exchange this morning.ng up in the positive direction ithis mothis after closing 400 points down yesterday. another update on the markets coming up in just a bit. >>> plus, getting schooled and stopping covid-19. an exclusive first look at a new study out this morning showing what is working and what is not and what schools around the world have been doing to keep students safe. >>> but, first, we want to check in with mike for a look at our forecast. >> all right, thank you very much. hopefully you guys are having a good morning. let's take a look at what the weather is going to do to your morning and it is going to be a little difficult along the coast. thick fog at half moon bay 50 and low to mid 50s everywhere until you get over to redwood city. and let's take a look else where. we have the 40s up in the north bay valleys, as you would expect. 50s else where until you get to antioch at 61 and up in the hills it's in the 70s. warmer day today than it was yesterday. 58 right now in san jose. you can see p

. >>> and we're looking live at the big board at the new york stock exchange. on how the markets are doing next. >>> and the trouble of tracing coronavirus cases in our schools. the new tracking tool in one bay area county this week that's giving parents a little bit more detail. >>> first we want to check in with mike nicco for a look at our forecast. hey, mike. >> good morning, kumasi, juliannjeweulian. 51 in santa teresa. 62 in alum rock. los gatos about 70. 40s along 101 in the north bay, the rest of us in the 50s until you get around brentwood where it's 60. san jose, we're in the upper 50s now looking northbound on 87 towards mineta san jose international. the otherwise the commute for about 95% of us is quiet and good. a lot of green there whether it's mass transit or on the bay. here is that fire threat. it's localized, up in the north bay, 11:00 tonight through 8:00 wednesday morning. it's not going to be nearly as potent as the last -- any of them we had so far this fall season. so here's a look. we start off with low to actually none at 11:00. then yo

. >>> and we are taking a live look at the big board at the new york stock exchange.ficantly down right now, about 328 points. another update on how the markets are doing next. >>> and how to have a safer halloween. we heard a lot of tactics for trick or treating. next we'll get expert analysis on celebrating safely. plus we may have just but i can't say i expected this. because it was easy. to fight these fires, we need funding - plain and simple. for this crisis, and for the next one. prop 15 closes tax loopholes so rich corporations pay their fair share of taxes. so firefighters like me, have what we need to do the job, and to do it right. the big corporations want to keep their tax loopholes. it's what they do. well, i do what i do. if you'ld like to help, join me and vote yes on prop 15. i'm jerome gage. i'm a full-time lyft driver. when this pandemic first started, i bought my own ppe because uber and lyft didn't provide it. these companies have been exploiting drivers like me for years. now prop 22 denies us basic rights like unemployment benefits and sick time

. >>> let's look at the big board at the new york stock exchange.other 50 points and another update on how the markets are doing, next. >>> the good deals are going fast. amazon prime day has started. the bargains amazon and other big retailers are offering today. >> you know i love to shop. >> i have never once done amazon prime day. i'll let you have it. >> me either. but i feel like i have gotten in the spirit of ordering things in the last few months. >> that's true. i just want stuff in the mail, mike. that's all. >> definitely getting more proficient at ordering online, aren't we? let's talk about what is going on as far as temperatures. go to inland east bay neighborhood where most of us in the 50s and the exception is blackhawk at 61 and up at 2,800 feet warmer at 72. you could see 50s and 60s just about everywhere. barely 61 in hayward and 60 in san francisco and a few 40s up in the north bay. 46 in novato and san jose 57 under clear conditions and your commute planner and everything is good today. good air quality, light breezes and it's g

. >>> and right now we're taking a live look at the big board at the new york stock exchange. right now about 20 points. another update on how the markets are doing next. >>> and that final presidential debate, less than two weeks out from election day. it's going down tomorrow in nashville. our look at what each candidate is doing to prepare for their final showdown. >>> the time is 6:35. checking in with mike right now. >> thank you very much. hi, everybody. less than 11 hours of sunshine today. that means 13 hours of darkness. you can see how much cooler it is this morning in our valleys because of that. low to mid 50s through the tri valley. a few 70s around antioch and brentwood. 73 and 71 there for the warmer spots. elsewhere we have mid to upper 50s around the bay. mountain view at 52. 40s in the north bay, santa rosa and novato at 47 and 46. here's your commute planner. can't find fog out there. the foggy spots may need to put that into the green right now. quite a spread. coat this morning, short sleeves this afternoon. a whole lot of sunshine on the day that will hav

. >>> and we'll take a live look at the big board at the new york stock exchange.p this morning. another update on how we're doing next. >>> and santa social distancing. what your family can expect if you're going to get holiday photos taken at the mall. >>> first we'll check in with mike to see what gift he has for us with our forecast today. >> you probably will regift the first one, i will talk about the hurricane. then i'll get to our autumn-like temperatures. yeah. let's start with the monster that's growing in the gulf of mexico. it's getting bigger. it's winds are still a category 2 level. we're talking about hurricane delta. it's got 100-mile-per-hour winds. you can see how big it's become. as we head into the forecast, you can see more than 8 inches of rain possible on top of a 10 to 11-foot coastal surge. some major damage there. extreme risk to property damage and lives from this storm that could gust up to 100 miles per hour. look at these areas. mississippi, louisiana all under flood advisories over the next 96 hours. the path has shifted to the west,

. >>> and let's look at the big board right now at the new york stock exchange.ts. another update on how the markets are doing next. >>> and this piece of video here, a zamboni bursting into flames on the ice. how the driver's quick action kept everyone safe. >> that's crazy. >> i'm like, what? >> why are you driving that? leave it in the center of the ice. >> and get out of. there >> run. >> get off that thing. >> wow. >> my goodness. i can't wait to see how that is resolved. all right. i want to show you something really interesting. we look at the winds not only for critical fire conditions but part of that is the temperature, how fast the winds are and then the humidity levels they bring with it. you can clearly see where the corridor of the fastest winds at the surface are by the yellows, oranges and reds showing temperatures up to 27 degrees warmer in places like half moon bay this morning. look at alameda, 79. 77 in berkeley, richmond, el sobrante. kinder around san leandro and union city, mid 60s there. most of the east bay show and peninsula in the 70s.

. >>> and a live look at the big board at the new york stock exchange. we're up about 58 points.ow the markets are doing next. >>> and usps looking to hire essential workers. jobina will show us some of the job openings available. >> first we want to check in with mike for a look at our forecast. hey, mike. >> hey, kumasi, reggie. hi, everybody. thanks for joining us this morning. neighborhood temperatures in san francisco. 50 in ocean beach, that's the cool spot. a little bit of fog to your south. 57 and clear conditions over potrero hill. the rest of us in the low to mid 50s, except fairfield, 60 degrees there. still waiting for those gusty winds to develop. only about 8 miles per hour right now. if you're commuting this morning, the coastal fog is the only issue. it will be cool to mild, so grab your coat as you head home. breezy at times if you're out on the water. we're high across the north bay, around solano and napa counties with highs extending into the east bay hills and trying to slide down into the diablo range. heading through the morning and the afternoon, the high

from silicon valley to the new york stock exchange to the white house, davos, switzerland, las vegas consumer electronics show, we have shown you some of the most innovative products and covered breaking business news during everything from the great recession, because that happened right when we launched, the historic bull run that followed, and now the current coronavirus pandemic. cheryl casone, you, stuart varney, neil cavuto, david, charles payne, connell and i are the originals. we are still here. i was thinking about it. we worried about making it through the day, let alone years, and here we are 13 years later stronger than ever. what do you remember at that time? because you and i were on the same floor. cheryl: yeah. i remember that all we wanted that first day in the morning was just for the lights to go n on. that was victory at 5:00 in the morning that day. i have to remind you of something. you recall in 2007, we stole you from another network. remember, we had to wait to introduce you to our viewers and that was myself and david asman. we waited a couple weeks for you.

let's take a live look now at the new york stock exchange trading gets under way.bound after the s&p saw the biggest daily drop in four weeks. the dow and nasdaq also saw big drops. you can see right now still down, but not as much as we saw yesterday. right now close to 45 points. >>> all week here on abc7 we're looking at ways to still have the holiday even during a pandemic. all the things that are changing because of covid-19 this year. so, every day we're diving into a specific area of focus. today we're looking at the economy and very specifically air travel. so, if you're headed to the airport this holiday season for the first time this year, you're going to notice things are different. abc7 news meteorologist drew t tuma went to see if he could make it to the gate without touching anything. >> you made it to your gate and sat down. there are measures no one sits next to you and a safe distance from your neighbor until it is time to board. while it is time to board the plane, the process is contactless. take your ticket, scan it and, of course, there's hand

john corpina live from the floor of the new york stock exchange along with chris robinson. investors really do have whiplash from mercurial moves out of the white house at all hours. the late night one came after 10:00 p.m. eastern. how are you gauging as a trader what to trade, meaning which market metrics are you constantly watching and pressing the refresh button on to give you guidance right now? >> i'm not going to break any news here. d.c. watches the stock market. when it goes lower, the republicans will say something to make it go back higher and vice versa. we are in an election season. we are down to under a month here. i think anybody is going to throw anything out at this point to get them to the finish line of this election. we have to understand we need to be prepared that down 2% yesterday, up 2% today, down 2% can happen tomorrow over a tweet. you need to separate that mentality from investing and watching this market. i think you have to gauge, you know, i think you have to gauge where you think this economy is and where we think it's going. we mentioned th

. >>> opening bell new york stock exchange the dow falls more than 400 points today as wall street heads to the worst week since march. the dow down 381 points right now. >>> numbers of a different kind. take a look at the forecast for you today. look at this beautiful shot in san francisco this morning. meters kari hall has been working how our free halloween forecast is shaping up. you've been telling us since this morning that it's a nice one any bay. >> we have a lot going on this weekend. as we enjoy the sunshine, we are also taking in some nice cool temperatures with most of our highs today reaching into the 70s. we will have 60s near the coast. overall, a great weekend. a nice one for halloween. we are getting ready to set our clocks back one hour but seeing a lot of people heading to the polls. i wanted to show you your forecast in the east bay if you're going out to vote today, we are going to see temperatures in the upper 60s at noon and upper 70s for the middle of the afternoon. we will talk about spots you can see fall color this weekend and the rest of the forecast coming up

are boosting warehouse staff to handle extra deliveries. >>> let's take a live look at the new york stock exchangeu can see we're up about 60 points. >>> new at 6:00, led zeppelin has triumphed in a long-time copyright lawsuit over this riff in "stairway to heaven." ♪ zeppelin saying the tune sounded quite a lot like the one in their song. led zeppelin officially won the case back in 2016, but spirit did not give up. the case kept making its way up the court of appeals until the u.s. supreme court recently declined to hear it. so, the last possible legal challenge to "stairway to heaven" has been defeated. friend. >> i don't know anything about led zeppenline. we talked earlier about "sexy back" and justin timberlake and that's my house. >> stay in your lane. do what you know. >> stay in my lane. >> the best rock band ever, reggie. but that's okay. i wouldn't know half the stuff you talk about either. fair enough. they made a lot of money on that song. that's all you need to know and that's why spirit is probably like, hello. sounds a lot like ours. >> it does, though. >>'s talk about what is goin

. >>> we see right there the opening bell is in new york stock exchange p.m. today was one of those days. the dow dropped 200 points to start the week. coronavirus cases rise. >>> a public gathering tonight on google's massive new downtown west development plan. google leaders will also attend tonight's development application meeting. the company recently submitted its plans and preliminary sketches for that 80-acre new site in the area in san jose and includes 4,000 housing units and event space and hotel units and they hope to have the project certified next summer. >>> a legal battle now brewing between landlords and renters trying to make it in the bay. this in sonoma county. some landlords are now reportedly taking tenants to court to try to get them evicted after the eviction ban ended in august. 15,000 landlords are experiencing a backlog of rent checks and something has been going on for months. a bill signed by the governor gives tenants some leeway here allowing them to stretch 25% of their unpaid rent into the next year. so far, more than 50 evictio

says he was never inappropriate. [ bell tolls ] >> there you have the opening bell of the new york stock exchange. the dow is up aspell owesy signals progress on that stimulus deal. jobless numbers are released and 787,000 people applied for first-time claims. that's less than what analysts expected. more than 8 million people are still receiving continuous jobless benefits. on top of those jobless numbers, california not doing well when it comes to unemployment. federal numbers last month put the state's unemployment at 11%, third highest in the nation. hawaii, nevada round out the top three. mercury news says governor newsom's program is having a positive impact on the jobless rate. >>> trying to get the homeless off the streets and help them try to make it in the bay. approved prohibited home leless encampment so the homeless won't be able to set up tents in parks or even near homes, businesses, schools and some churches. the goal is to get them into affordable housing. that policy will start next year. this news comes as the founder of charles schwab plans to donate $65 million to build homes

. >>> and fisker bucking the selloff, popping right now after making its new york stock exchange debut via spac. yes. can it gun the engine ahead of tesla? how tesla is trading right now may reveal more than ceo elon musk wants to know. we will show you what tesla is doing and we've got fisker founder henrik fisker who joins us live in a "countdown" visual here just minutes before the close to see how fisker does. >>> got to get you this fox business alert. take a look at the nasdaq intraday. why the nasdaq? well, it is taking a far bigger percentage hit than the dow, than the s&p, the russell or the dow transports. we are down 336 points. now down three full percentage points, whereas the dow, s&p anywhere from down about 2%, got to keep your eye on these things because they are a moving target at the moment. but the nasdaq as we said, down about 3%. dow down 1.6%. yeah, you can see the stretch there. there's a pretty big gap. the covid phase two hitting with a vengeance as cases spike globally. add to that the lack of the stimulus package ahead of the election and of course, the tech

it's a real cliff, a real deadline. [ closing bell ] >> there's the opening bell of the new york stock exchange where the dow is down 77 points right now. it actually fell 100 points as stimulus hopes fade. investors are feeling good about last week's unemployment numbers after they came out. first time unemployment claims totalled 830,000 last week, a lower number than economists had expected and a drop in claims for the week before. marking the fifth consecutive week, first time jobless claims under a million. this is after staying there for five months following the mid march shutdown. california's numbers, though, they are not included in the latest weekly tally. according to the labor department, the state is taking two weeks off for processing those claims as it looks to implement fraud prevention technology. >>> governor gavin newsom signed a first of its kind law. they approved, this is a task force, that will consider paying reparations for slavery. a task force will study proposals for potential reparations for descendants of those enslaved and those impacted. the group will make thei

let's look at the new york stock exchan exchange.t 240 points. >>> the search is on this morning for a lemur that is missing from the san francisco zoo. >> we found evidence of forced entry, meaning there was damage to the enclosure. >> so this is 21-year-old mackey. the san francisco zoo realized he was missing wednesday morning after they saw him tuesday night. the zoo says he's older and slower than the other primates which is why officials think somebody may have been able to catch him. >> incredibly rare animals, endangered, they're not easy to take care of. >> we're reaching out to the public again to help us bring him back to the zoo. >> so 20 years ago two teens were charged with breaking into the zoo and stealing two koalas. an anonymous tip led them to a san francisco home. police are looking into all possible motives including whether someone might want to sell mackey or keep him as a pet and that is illegal in california. this is sad, julian. >> it is. it's just sad that someone would do this. hopefully they already have

report back in a few seconds but it took days and days i remember an image of the floor of the new york stock exchange and they still used a lot of paper back then the paper was actually above people's knees they were waiting through a sea of paper and so this was you know an incredible watershed event because it was caused by the futures market in chicago and the cast market in new york becoming contentious or broken essentially and it went into like a nucular meltdown technologically driven that was out of control the next day the market was set to open down another $500.00 points which would have wiped out every bank insurance company and in america and that's when reagan robert rubin and down greenspan stepped in and they started to buy s. and p. futures in the open market is the 1st time the government really started to play the market they created the plunge protection team which is very active to this day and we now know as the greenspan put that. was invented on october 20th but he says it is getting in the can tell you their moment this is when they came in to the rescue of bad mistakes that

high-profile share sales from lyft and zoom among others, however, it has often lost out to the new york stock exchangeuding mega listings from uber and snowflake. arenext, pharma stocks focused this week amid back-to-back earnings. investors are watching out for developments on the vaccine race as the rest goes all in on relying on drugs to defeat the coronavirus. this is bloomberg. ♪ ♪ you can go your own way ♪ go your own way your wireless. your rules. only xfinity mobile lets you choose shared data, unlimited or a mix of each. and switch anytime so you only pay for the data you need. switch and save up to $400 a year on your wireless bill. with the carrier rated #1 in customer satisfaction. call, click, or visit your local xfinity store today. karina: this is "daybreak asia." i am karina mitchell. president trump seems to have abandoned any hope of a virus package before the election next week, telling reporters that the white house -- at the white house that he sees the vote. refuted the accusation that nancy pelosi is demanding funds to bailout states and local governments and saying the best pac

once a reputable disjournalist, the first reporter to broadcast live from the floor of the new york stock exchange was then, this is now. and the now, using her platform on fox business to push basisless smears and conspiracy theories. we'll roll the tape, next. ♪ ♪ ♪ i'm dorothy hamill. as i look toward 65, i'm thinking about medicare. i know i want coverage that connects all the different parts of my health care to keep me aging actively. keep doing what you love. that's the aetna medicare advantage. of course. podcasts. originals. bestsellers. future bestsellers. sleep stories. mal... hey, no! roxy! audiobooks, podcasts, audible originals, all in one place. the unfair money bail system. he, accused of rape. while he, accused of stealing $5. the stanford rapist could afford bail; got out the same day. the senior citizen could not; forced to wait in jail nearly a year. voting yes on prop 25 ends this failed system, replacing it with one based on public safety. because the size of your wallet shouldn't determine whether or not you're in jail. vote yes on prop 25 to end money bail. >>> republican s

supernova opened on the new york stock exchange this morning and plans to partner with the company thatabled trends. , spoke with spencer rascoff zillow group co-founder and supernova. him aboutd alternatives going forward. spencer: i didn't need to raise primary capital on the ipo and therefore didn't need a traditional listing. if i had pursued a traditional listing, the stock would have traded up quite a bit and there would have been money left on the table. a direct listing with the right palantir, if companies of palantir's quality go public, they will consider going through on a stack merger because there are more high-quality stack out there that can take public companies of palantir's value. emily: we have a big election coming up and now that you have a few dogs and the fight, will the results of the election have a big impact on market sentiment? spencer: the most important thing is stability. whoever wins, let's hope it is decided relatively quickly and peacefully. that is the one thing markets most importantly need. i will take stability over either winter, any day. that is

erik schatzker spoke to the cofounder of palantir about the debut on the new york stock exchange. >>o in silicon valley, you had money pouring in from china. you go through these things in silicon valley where things are overvalued. manus: we know that you like tech. can we circle back to some of the other big things? u.s. regulators pull the brakes on dividends in the united states of america. socgen and santander. un ecb making banks -investable. have we already reached un -invest ability in european banks? >> absolutely, absolutely. 100%. is way we think about banks banks particularly in europe with lending being such a big part of their business is they need to have high interest rates to keep the yield curve and the ecb completely rules that out, so banks are very difficult to buy in. what we are seeing recently is that banks are finally lending. thanks to government guarantees, they are lending, but they are not making money. the flat yield curve is really challenging. what we are going to see next is that the quality of the loan books will only go down. we are still in recessi

maybe it does not trade directly on the new york stock exchange floor, but probably gold. the same -- the thing that seems to get a bid when the markets struggle is gold more than treasuries. if the market sells off enough, that could be a catalyst for even bigger fiscal spending, and that could also retired any rally on bonds on a supply concern. gold is where you want to go, even though that has not been working for the last few weeks. annot that, there may not be uncorrelated play that everyone could look for that this would work if we wind up with a contested election, spiking case counts, more talk of closing down again. jonathan: can you find it in the market? typically when things hit the fan, you go to the dollar. can you find it in foreign exchange? jim: you saw that in march, when everything hit the fan, the dollar did really rally quite a bit. the difference right now might wethat we are in an era that were not expecting. we didn't expect the fed response and government response in march and april. we expect it now. that may not be as dollar bullish as you would

while republicans have assisted on a 1$1.6 trillion package >>> now let's look live at the new york stock exchangenow about 93 points. >>> new at 6:00, why work from home when you can work from a ferris wheel. a japanese theme park came up with a creative way to boost visitors during the pandemic. it's selling an amusement work station package. for $18 you can rent a pool side work station with internet and power outlets. you can also spend an hour working remotely from inside the wifi equipped ferris wheel. >> which one would you want? i want poolside. >> yes. >> poolside is nice, but imagine the likes from the ferris wheel. >> this is why you're not going to get any work done. >> it's just going to be a photo shoot. all the angles. >> i will be up in there with two different selfie lights. >> you're using it to its extreme. we appreciate that. all right. let's talk about what's going on weather-wise. what a gorgeous shot from our exploratorium camera. blue morning. not going to necessarily be a blue day. we'll have clouds around and drizzle that we're dealing with this morning, a random shower p

. >>> right now, let's look at the big board of the new york stock exchange. 45 points right now. another update coming next. >>> the new lego set that will be sold in stores starting next month. it's sure to be a hit with younger kids during the holidays. first, we check with meteorologist mike nicco. hey, mike. >> good morning, reggie, kumasi, hi everyone. let's talk about the temperatures. not as much fog along the coast today. low to mid-50s across the bay side of the peninsula. 57 in san carlos for a little warmer temperatures there. 44 right now in san ramon. 49 in livermore. also in napa. 47 in san rafael. some of our cooler neighborhoods. speaking of napa, look at the fog. visibility down to less than a quarter of a mile on 37, 29, 12 and possibly interstate 80. you can see from emeryville, it looks pretty clear. about 55 degrees. that's my biggest concern for your commute. the little bit of fog to deal with this morning. otherwise, jacket weather this morning. not this afternoon. sunglasses needed. our most damaging winds from 4:00 sunday to 10:00 mon

look at the new york stock exchange volume breakdown, sut pretty much 50/50 as it has been most of the day. it seems as if nasdaq breadth in terms of stocks up and down has been a little better you see advancers nudging a little bit ahead of declining volume at the moment you see the consumer side outperforming. some is amazon but not really it does seem as if it's thicks like housing related, even autos are up today so that shows you where the market is sort of at the marge undeciding things look a lufirmr volatility index doing what it wants within this range. it's no the responding that much to the intraday moves within the s&p 500 range. of so you have it up a little bit above 26 i keep saying, it has a little bit of unflainnation in there bf the way that volatility is going into the election, sara. the. >> home construction is strong again today. dr horton trading at record highs. that is a point of strength in this economy and as we go into the close, take awe look at the major averages we're green all around we've gone back into green for the dow. and that would mark its fifth p

. >>> but first, a live look at the big board at the new york stock exchange. you can see at this point we're down significantly. roughly 500 points. wall street concerned about the nationwide covid-19 surge. >>> right now we'll check in with your weather and mike nicco who seems to have a good forecast today. >> i hope you enjoy it. look at this temperature change from 24 hours ago. you will see a double digit drop in temperatures around oakland, fairfield, and up towards napa. let's go up to the north bay. we have some 30s up there in places like santa rosa. we have rohnert park and petaluma, 43 right now in american canyon. the also in san rafael. 37 in fairfield. definitely chilly there. we have 40s in the east bay and around newark and redwood city and cupertino, low to mid 50s. we have microclimates this morning. here is san jose, you can see more cars on the road than there have been in a while. it's a calmer commute. no winds to worry about. it's chilly this morning. you will need a heavier jacket. grab it this afternoon, you won't be wearing it in the

george frankel is down at the new york stock exchange. good to see you. us where can investors place their bets >> so, kelly, the first time in a long while, we've seen the rotation from growth into the cyclicals into those value names. lasts longer than a few hours, few days and with that theme in mind, i go to the cyclical play. this is one that there's been some m & a in the space currently. there's been whiffs of more m & a. this one is priced below on a valuation the rest of the group. it's probably cut in half the rest of the group is trading at. i would say easily a double here, if it works. everything is always if, if and when then if you slip out of that and go into the esg space, we've seen the transfer from plastics to paper this is the trade wrk. we've seen price increases recentl recently. >> go ahead. >> i was going to say here they won't even let us use plastic bags in three years. virgin galactic, why >> this is truly where the puck is going we've seen elon musk with spacex, blue origins with amazon this is where the world is going towards

seventy-five-dollar credit when you post your first job at indeed.com/promo >>> fubo tv goes live at the new york stock exchangees up about 8% they priced 18 million at 10:00. that was the middle of the range. the ceo and co-founder joins us this morning just moments after the first trade. david, congratulations good to have you >> thank you very much for having me. >> i think every viewer understands sort of the fundamentals that are driving the business model here. but give us a sense of why sports and size of the subbase at least right now >> yeah. so the tail winds are very strong we sit comfortably at the intersection of, you know, television, the shift of tv ad dollars to connected devices and sports, obviously is driving that for us. we just revised guidance higher. so, you know, we're looking to end the year at 480,000 paying subscribers with a growth rate of 50% st. >> 50% and when we say sports, what kind are we talking? and, i mean, sports rights don't come cheap. >> fubo is a sports first paid service for family we offer sports news and entertainment. the company leads with the sports you know, we h

. >>> right now let's take another look at the new york stock exchange as trading gets under way thise we're still down about 220 points or so. global stocks have also fallen in response to president trump's test being positive. >>> socamazon says nearly 20,00f its employees have tested positive for covid-19 since the pandemic started in march, this as to about 1.5% of the company's frontline workers. amazon has been criticized by people who say that the company is not doing enough to keep employees safe. after hundreds of workers signed a petition for better working conditions, amazon started its own coronavirus testing lab to screen workers.erinarians are cr a mountain lion cub that was badly burned in a fire. cal fire captured the injured animal wednesday and he was transferred to the zoo where vets are treating him. he weighs less than four pounds. they cleaned him, gave him antibiotics, fluids, pain medication. despite the severe busherns, th is no damage to his bones or lungs and the cub is already showing promising signs of recovery. i feel so bad for this little guy. and no, m

many of them are listed on the new york stock exchange and they have a waiver from the sec that goesiver allows chinese companies, 150 or more, 1.1 trillion dollars on our three main markets in new york, allows them to suppress any accounting problem, not make it public to their investors or the sec. maria: chinese companies being listed on the united states stock exchanges with reduced adherence to regulations present a host of issues, not only do investors have no idea how these companies are doing financially, but they also do not realize what they're even investing in. >> the chinese take the financing we provide and put it into state-owned enterprises and military construction, so we are essentially funding not only chinese military, but even the south china sea, the company that did all the dredging, that's a state-owned company. it gets capital from the u.s. maria: individual investors are not the only ones making these risky bets. some of our largest pension funds, such as the thrift fund, which is a military and other federal employee money, 401k money as well as the largest