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The Power Brief

Drilling engineer
Alexjey | Getty Images

A daily morning look at the financial stories you need to know to start the day

STOCKS/ECONOMY

-Stock futures are down after yesterday's modest gains.

-The number of tech jobs in the SF Bay Area have surpassed the number from the height of the dotcom boom 17 years ago.

OIL/ENERGY

-Crude prices are flat but holding the week's gains at the $48/barrel level.

-Gasoline prices rose overnight to $2.14/gallon, national average.

ELECTION

-Hillary Clinton leads Donald Trump by one point in today's LA Times/USC poll.

-Trump gave a speech in North Carolina last night where he said he regrets some of his past comments and he also announced that he and running mate Mike Pence will visit flood-ravaged Louisiana today. It looks like the conventional wisdom that his campaign staff shakeup would only result in more bomb throwing was wrong.

-The Clinton campaign says the Clinton Foundation will cut back on its activities and curtail donations from several sources if Clinton wins the election.

-Hillary Clinton reportedly told FBI investigators that she set up her private email server on advice from Colin Powell.

OLYMPIC SCANDAL

-US swimmer Jimmy Feigen will donate $11,000 to leave Brazil and to resolve the case of his and Ryan Lochte's fabricated story of being robbed at gunpoint.

VIACOM SAGA

-Viacom CEO Phillip Dauman will leave after a long battle with Chairman Sumner Redstone. Dauman will get a $72 million severance package.

MOVING AMERICA

-A federal judge has struck down a $100 million settlement between Uber and its current and former drivers.

TERROR/DEFENSE

-Russia is building up its forces on the border with the Ukraine, sending tens of thousands of additional troops there.

-The first contract for the first batch of 19 KC-46A air tankers will bring in $2.8 billion for Boeing.

-Now the State Department is admitting that the $400 million cash payment to Iran was used as "leverage" to get the detained US Navy sailors released.

DEALS/NO DEALS

-London's XIO group is reportedly in talks to acquire Israel's second largest investment house, Meitav Dash.