Rent-to-own company settles deception suit for $184 million

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The Federal Reserve’s inspector general found no basis for the Justice Department to reopen its criminal probe into the central bank’s handling of its headquarters renovation, Politico reported. Jerome Powell The decision removed a potential avenue for President Donald Trump to oust former Chair Jerome Powell from the Fed board, Politico said. The long-awaited watchdog…

The electric vehicle (EV) market remains a high-stakes arena where luxury and utility fight for dominance. Choosing between Lucid Group (LCID -10.57%) and Rivian Automotive (RIVN -4.61%) depends on your risk appetite and long-term outlook for the sector. Lucid targets the high-end luxury sedan market with industry-leading efficiency, while Rivian focuses on rugged outdoor enthusiasts…

That’s according to a report Friday (Sept. 11) by Bloomberg News, which says the move comes after a difficult year for the previously hot inventory financing market. Eliant is winding down products centered on mid-market accounts receivable and supply-chain finance, the report said, citing sources familiar with the matter. The strategy revolves around purchasing invoices…

Brokers armed with this information can now develop strategies for investor clients that are considering expansion. While there are bigger markets with higher property values available nationwide, it’s these subtle, underrated markets in the Midwest that can act as an early launching pad for investors that want to get their first taste of scaling. Florida…