Americans May Be Taking on Too Much Pay Later ‘Phantom Debt’
Posted inBanking and Financial Institutions Buy Now Pay Later Christmas Consumer Behavior Credit and Debt Credit Cards Credit Scores E-Commerce Fashion and Apparel Interest Rates Klarna AB Personal Finances Prices (Fares, Fees and Rates) Shopping and Retail Start-ups Supermarkets and Grocery Stores TransUnion LLC United States United States Economy

Americans May Be Taking on Too Much Pay Later ‘Phantom Debt’

Buying mattresses, clothes and other goods on installment plans has propped up spending, but economists worry that such loans could put some people at risk.
E.V. Start-up Founder Could Get Prison Term in Fraud Case
Posted inBankruptcies Burns, Steven Canoo Inc Decisions and Verdicts Electric and Hybrid Vehicles Entrepreneurship Faraday & Future Inc Fisker Automotive Frauds and Swindling Hindenburg Research Lordstown Motors Corp Milton, Trevor (1981- ) Nikola Motor Co Production Securities and Commodities Violations Short Selling Start-ups Stocks and Bonds Trucks and Trucking

E.V. Start-up Founder Could Get Prison Term in Fraud Case

Trevor Milton, who founded the truck company Nikola, will be sentenced on Monday in a fraud case that exposed the excesses in the electric vehicle business.