Sarah Gray and Julia Amann, Bloomberg on 16/10/2026

Malibu and San Diego-area fires burn amid high-risk conditions

California is entering the most perilous stretch of its year-round fire season, when hot, arid winds roll down from the mountains and out to sea. Known as Santa Anas in Southern California, the winds typically begin to blow in October.

S Sarah Gray and Julia Amann, Bloomberg
Bloomberg News, Bloomberg on 16/10/2026

Tardy China stimulus sets up second quarter of sub-target growth

'Without a decisive policy shift toward supporting household incomes and consumption, China is likely to remain trapped in a prolonged period of low inflation and subpar growth,' Michelle Lam said.

B Bloomberg News, Bloomberg