Detroit has one of the nation’s highest poverty rates. Yet, it doesn’t have the same level of homelessness that Los Angeles has. So what gives? We’ll get into the almost-too-obvious reason: a lot more housing. Also, we’ll check in on one of Kai’s favorite topics — bonds — and explain what yields can tell us about today’s economy. And, a silver lining in the U.S. women’s national soccer team’s World Cup loss.

Here’s everything we talked about today:

- “Fresno, California, leads in downtown recovery” from Marketplace

- “Bond Yield Hits Highest Since 2008, Adding Pressure to Borrowing Costs” from The Wall Street Journal

- “The first female officer nominated to the Joint Chiefs is stuck in Tuberville’s military promotions blockade” from Politico

- “Why Detroit, America’s poorest city, doesn’t have an L.A.-sized homeless problem” from The L.A. Times

- “The Local-News Crisis Is Weirdly Easy to Solve” from The Atlantic

- “The Matildas and the World Cup Crack Australia’s Code Wars” from The New York Times

Got a question for the hosts? Leave us a voicemail at 508-U-B-SMART or email us at makemesmart@marketplace.org.

What Los Angeles can learn from Detroit about addressing homelessness 17:29 Share

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What Los Angeles can learn from Detroit about addressing homelessness