Kmart Rent-to-Own Turns $300 TV Into $415 Buy

Nov. 13 (Bloomberg) -- Kmart is introducing a rent-to-own program charging the equivalent of 100-plus percent annual interest, a move into a business that has drawn criticism for hurting low-income consumers. Deirdre Bolton reports on Bloomberg Television's "In The Loop. (Source: Bloomberg)
Fed Will Hike Rates in September: Von Pfeil
58:28 - Private Capital Limited Investment Strategist Enzio Von Pfeil discusses the FOMC meeting, U.S. interest rates, commodity prices and where he's putting his money. He speaks to Bloomberg's David Ingles, Shery Ahn, Yvonne Man and Rishaad Salamat on "Asia Edge." (Source: Bloomberg)
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