Tuesday Evening Links

[Reuters] Wall St ends higher, Powell comments avoid rate policy

[Reuters] California tormented by more heavy rains, damaging winds

[AP] After years of surpluses, California headed toward a deficit

[CNBC] Wells Fargo, once the No. 1 player in mortgages, is stepping back from the housing market

[The Atlantic] The Buy Now, Pay Later Bubble Is About to Burst

[Yahoo/Bloomberg] Biggest Ever Bear-Market Bounces Create Unending Pain for Shorts

[Reuters] 'Land covered in corpses' as Russia strives for first big Ukraine gains in months

[Bloomberg] Fed’s Bowman Says More Rate Hikes Needed to Curb Inflation

[Bloomberg] US Public Pension Debt Topped $1 Trillion in 2022, Equable Says

[FT] World Bank warns global economy on ‘razor’s edge’ of recession