Multiple wildfires, including the Palisades Fire and Eaton Fire, are raging across Southern California Friday, leaving at least 10 dead and burning more than 10,000 homes across 27,000 acres, officials say.

Firefighters finally started gaining control over two major wildfires on the eastern and western flanks of Los Angeles on Friday as fierce winds that supercharged the fires for days finally eased.

As of Friday afternoon, six wildfires were burning across Los Angeles County, including a fresh one that had ignited just hours earlier.

Analysts are evaluating the financial impact of the disaster, with J.P.Morgan doubling its forecast of insured losses to over $20 billion. Wells Fargo also expects similar insured

The City of Angels became a city of ashes this week as residents returned from fleeing the devastating Los Angeles wildfires, searching for any trace of the homes they cherished.

The Sunset Fire in the Hollywood Hills follows other blazes in the L.A. area, including the Palisades and Eaton fires, that have displaced tens of thousands.

At least five people have been killed and thousands of structures have burned in wildfires raging in the Los Angeles area

A pause in the fierce winds that super-charged the ring of wildfires that devastated Los Angeles this week helped crews make some progress in controlling the infernos on Friday (January 10), but strong gusts returning next week could resuscitate the flames.