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Added on the 09/12/2020 17:05:35 - Copyright : Wochit
For investors looking for a stable stream of income, CDs and bonds are a good place to start. According to Business Insider, although the two financial instruments have much in common, they are distinctly different in several key areas. For example, CDs are insured by banks--bonds are not. Bonds are traded on the open market--CDs are not. Bonds can be liquidated quickly, but CDs tie up your money. Government-issued bond yields aren't taxed. But if you are in, say, the 24% tax bracket, you'll be taxed $24 for every $100 you earn in interest on your CD. Also, bonds have long-term maturity dates, from at least 10 to as long as 30 years. However, CDs usually mature within five years.
Shady demolitions in Serbia's capital have added controversy to a massive development project authorities say will rejuvenate run-down riverside areas.
Around 100 South Florida police officers carry out an active school shooter drill near Miami. By recreating a scenario they hope they will never have to respond to, local law enforcement assesses its capabilities and prepares for the worst.
Baocheng Liu, director of the Centre for International Business Ethics at the University of International Business and Economics in Beijing, told Euronews that if Evergrande were to collapse, the "ripple effects are going to be huge".
Since September, the name Evergrande has caused panic on stock exchanges around the world. Paralysed by $300 billion in debt (€260 billion), or the equivalent of 2 percent of Chinese GDP, the country's second-largest real estate developer is now threatening Chinese growth. Evergrande has more than 1,300 construction projects across China, as well as financial products, electric cars, livestock, bottled water and even a football club.
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