Governor DeWine Bans Purchases of Russian Goods and Services, Directs Ohio Bureau of Workers’ Compensation to Divest Russian Assets

On Thursday, Ohio Governor Mike DeWine signed Executive Order 22-02D which “prohibits the State of Ohio investment or purchasing activity from aiding Russia in violating the rights of the Ukrainian people,” according to a press release by DeWine’s office.

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Wall Street Firm Blackstone Invests $6 Billion in Single-Family Homes

"For Rent" sign in window of building

Investment firm Blackstone Group acquired 17,000 single-family rental homes on Tuesday in a deal worth $6 billion.

Blackstone, an asset management firm that focuses on alternative investments, acquired Home Partners of America (HPA) along with its 17,000 home inventory, the firm announced in a statement Tuesday. Blackstone will continue HPA’s business model of offering its tenants rent-to-own lease agreements, which allow the tenant to purchase the rental property after a certain amount of time.

“The fundamental premise of the HPA platform is to provide residents with the opportunity to live in their chosen home with the option to purchase it,” Blackstone’s Real Estate Senior Managing Director Jacob Werner said in the statement. “We intend to build on that goal and expand access to homes across the U.S.”

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Trump Halts Federal Retirement Investments in Chinese Funds

President Donald Trump will cut the federal government’s retirement fund investments in Chinese equities, according to a Monday letter obtained by Fox Business.

The White House does not want federal employee retirement funds to have money invested in Chinese equities, national Security Adviser Robert O’Brien and National Economic Council Chair Larry Kudlow said in a letter to U.S. Labor Secretary Eugene Scalia Monday.

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