LA Braces for More Fires as High Winds Return
Photographer: Jason Armond/Los Angeles Times/Getty Images
Good morning. High winds look set to add the destruction across Los Angeles. Stock and bond markets extend losses as investors trim bets on interest-rate cuts. And Apple cedes ground to Chinese rivals. Listen to the day’s top stories.
LA is braced for more wildfires as Santa Ana winds return early this week, threatening to fan the flames that have already killed 24 people and destroyed more than 12,000 buildings. Millions of residents are left in peril and preparing for evacuation as the fires rage, with AccuWeather raising its estimate for damages and economic losses to as much as $275 billion. Click here for pictures of the disaster.