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biggest doom loop of them all. scenes like this playing out nationwide, city officials are struggling to bounce back from the pandemic. fox business s kelly o grady is live with more in los angeles. another city in a so-called doom loop. kelly. well, that s right, john. and today i m on melrose avenue, iconic area known for its shopping, but instead you drive up and down the street now and it s pretty commonplace to see shuttered shops like the one here. you have the chain link fence, graffiti, for lease sign as well and the doom loop spiral you mentioned began during the pandemic, businesses left, so did the people, and the desolate streets allowed homelessness and crime to spread unchecked. and share a few stats from the lapd, personal theft in the first quarter this year versus last have seen 5% spike, but versus 2021, it s risen 33.9%

Fox businessDoom loopLos angelesKelly o gradyJohn kirbyThat s rightI m on melrose avenueThe streetChain link fenceDoom loop spiralPlease sign