(Bloomberg) -- Welcome to Thursday, Americas. Here's the latest news and analysis from Bloomberg Economics to help you start the day:
- House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin will pick up discussions of a stimulus package again Thursday with time running ever shorter for a deal before the election and President Donald Trump seeking to blame Democrats for any failure
- The message from the bond market after the latest brief leap in yields is clear: The Federal Reserve is standing by to prevent an alarming increase in rates, no matter how much debt the Treasury sells amid the pandemic
- An auto parts company founded by Commerce Secretary Wilbur Ross is among those moving production to Mexico this year. As of September, U.S. manufacturing employment was down by 164,000 from January 2017, the month Trump was inaugurated
- New Yorkers searching for a pandemic retreat have sent Hamptons home prices to a record high
- The U.S.-China conflict over chips is about to get uglier. The ability to make semiconductors for everything from artificial intelligence to smartphones has become a national security issue, and the U.S. election won't change that
- More than 34 million U.S. adults live in households that find it very difficult to pay for their usual expenses, according to government data that offer the latest evidence of how low-income and minority Americans are facing intense economic insecurity as the pandemic wears on
- Wildfires in California, drought in Africa, and floods in South East Asia hammer home the looming danger of climate change. Bloomberg Economics has built long-term forecasts of GDP in major economies for different scenarios
- Finally, don't miss this week's episode of the Stephanomics podcast
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