This is an update for the meeting: City Council Special Meeting - Nov 16 2020
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City Council Special Meeting - Nov 16 2020

The Dow Jones Industrial Average is crossing the 30-thousand threshold for the first time. The news of the peaceful transition of power is officially underway helped stocks climb this morning. Investors are also welcoming news former Fed Chair Janet Yellen is reportedly the choice to be the first woman to lead the Treasury Department.        Another battleground state is certifying its election results. President-elect Joe Biden won the state of Pennsylvania. Biden will receive the state's 20 electoral votes, which were a tipping point when the election was projected in his favor a few weeks ago. The certification comes after the Trump campaign served several failing lawsuits to question the legitimacy of some ballots in the state.       Coronavirus cases in the nation's nursing homes are heading in worrying directions. There's been a record number of new COVID-19 cases this month due to community spread among the general population. According to Johns Hopkins University, new cases of coronavirus in nursing homes grew more than 110-percent between mid-September and November 8th.        Defund the Police advocates are winning a round in Seattle. Nikkita Oliver with King County Equity Now and Decriminalize Seattle says the budget shows that a "major concerted effort" by Black Lives Matter protesters and advocates has yielded results. Organizers have been calling on City Council to reduce the Seattle Police Department's funding by 50-percent and redirect the funding to community needs.       Home prices are rising to levels not seen in six years. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index says prices rose seven-percent in September. That's the biggest jump since September 2014. Phoenix, Seattle, and San Diego led the increase in the 20-City Composite that didn't include Detroit.       Jeopardy! producers are preparing to move forward without longtime hose Alex Trebek. Former champion Ken Jennings will be behind the podium when the show resumes production on November 30th. It will be the first episodes since the death of Trebek on November 8th. Jennings will be the first of a series of interim guest hosts.