Junk. Not a nice word. And when it comes to bonds, not a particularly accurate word, either. Junk is something useless, right? Something you want to toss in the trash? Well, “junk” bonds are definitely not useless. In fact they’re extremely useful. Sometimes. Marketplace Money Senior Producer Paddy Hirsch explains what a junk bond really is.
The Timnath planning commission has approved a 75-thousand square-foot state-of-the-art facility to be built by plastics manufacturer Eldon James – which at the moment is based in Loveland. KUNC's Brian Larson spoke to Northern Colorado Business Report Publisher Jeff Nuttall about the move.
In recent years, China's real estate market has boomed. A three-bedroom apartment in Shanghai overlooking the river would cost more than $3 million. But that's beginning to change. The slide comes as the world's most dynamic economy grapples with other challenges, including massive local government debt and slowing growth.