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.