L.A.'s financial district, once the thriving heart of downtown, struggles to bounce back from pandemic shutdown and homeless crisis. Experts say it needs more housing, fewer offices.

Once teeming with young investment bankers and seasoned hedge fund managers working 60-plus hour weeks, the Financial District wasn’t exactly where New Yorkers laid down roots.

S&P Global downgraded a Financial District office tower after its vacancy rate hit 40%, the latest sign of continuing stress ...