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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

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The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

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Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
PoliticsCrime

Karen Bass, mayoral candidate in Los Angeles, says guns stolen in ‘unnerving’ home burglary

By
Shiyin Chen
Shiyin Chen
and
Bloomberg
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Shiyin Chen
Shiyin Chen
and
Bloomberg
Bloomberg
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September 11, 2022, 11:54 AM ET
Karen Bass speaks at a Labor Day parade on Sept. 5 in Wilmington, California.
Karen Bass speaks at a Labor Day parade on Sept. 5 in Wilmington, California.Mario Tama—Getty Images
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The home of Karen Bass, the front-runner to become Los Angeles mayor, was broken into Friday, underscoring how rising crime rates in the second-largest US city have become a top issue in upcoming elections.    

Two firearms, which were “safely and securely stored,” were taken while cash, electronics and other valuables were left behind, according to a statement from Bass’s campaign. 

“It’s unnerving and, unfortunately, it’s something that far too many Angelenos have faced,” Bass said. 

Bass, a former community organizer and long-time congresswoman, is facing billionaire developer Rick Caruso in November’s mayoral election. The left-leaning city has been grappling for years with soaring homelessness, crime rates and housing costs, issues that both candidates have sought to campaign on. 

Property crimes have increased roughly 13% this year, compared with the same period in 2021, according to statistics from the Los Angeles Police Department. 

In a March interview with Bloomberg News, Bass vowed to get tough on crime and reform policing to address a spike of violence across LA. Another top priority is addressing the city’s worsening homeless crisis.

—With assistance by Christopher Palmeri

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