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Finance & Markets

LA Fire Zone Set to Get $3 Million Homes Funded by Muni Bonds

More than a year after wildfires devastated Pacific Palisades, a nonprofit is advancing a plan to tap the public debt market to create housing in the slow-to-recover Los Angeles wealthy enclave.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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Brazil’s current account deficit widens to US$8.11 billion in July

Brazil's current account deficit widened to US$8.11 billion in July, more than forecast. The central bank also sold US$1 billion spot on 27 August, paired with a reverse swap.

  • Brazil's July 2026 current account deficit widened to US$8.11 billion.
  • Central bank intervened in thin dollar market to address deficit.
  • Deficit for first seven months of 2026 reached US$35.97 billion.

More from Thursday 27 August →