8:00 - 19:00

Our Opening Hours Mon. - Fri.

+441518080625

Call Us For Free Consultation

 

#Business Tag

TopTradeGroup > Posts tagged "#Business"

Wall Street’s Most Reviled Investors Worry About Their Fate

If the price falls, the short seller buys the now-cheaper shares back, returns them to the broker and pockets the difference. But the strategy can be risky. If shares climb — either because other investors make the opposite bet, as in GameStop’s case, or simply because the short seller got it wrong — short sellers lose. In the past year, as the stock market soared more than 16 percent, hedge funds that were mainly shorting stocks lost nearly 47 percent, according to a Hedge Fund Research index that tracks industry performance. “Short sellers have been beaten up and left for dead on...

Continue reading

MyPillow C.E.O.’s Trump Conspiracy Theories Put Company on the Spot

For the past four years, most American corporations have tried to avoid the appearance of partisanship while also distancing themselves from the inflammatory rhetoric of former President Donald J. Trump and his supporters, walking a tightrope to keep customers and employees happy. It has been a different story for MyPillow. Mike Lindell, the company’s founder and chief executive, has remained one of Mr. Trump’s most fervent supporters. His sustained peddling of debunked conspiracy theories about election fraud got him barred from Twitter on Monday night. With retailers like Kohl’s and other major companies cutting ties with the privately held manufacturer, Mr....

Continue reading

Lack of Tiny Parts Disrupts Auto Factories Worldwide

The semiconductor shortage came out of left field, hitting the industry at a perilous moment. Sales have plunged worldwide. In Europe, for example, they were down 25 percent in 2020. This is all happening while automakers are trying to navigate a shift in basic technology from internal combustion engines to batteries, which has subjected them to new competition from Tesla, the California company that has become the most valuable automaker in the world by far, and emerging Chinese manufacturers like Nio. Exactly how long the shortage will last is unclear. It can take 20 to 25 weeks from the time new orders...

Continue reading

How Parler, a Chosen App of Trump Fans, Became a Test of Free Speech

From the start, John Matze had positioned Parler as a “free speech” social network where people could mostly say whatever they wanted. It was a bet that had recently paid off big as millions of President Trump’s supporters, fed up with what they deemed censorship on Facebook and Twitter, flocked to Parler instead. On the app, which had become a top download on Apple’s App Store, discussions over politics had ramped up. But so had conspiracy theories that falsely said the election had been stolen from Mr. Trump, with users urging aggressive demonstrations last week when Congress met to certify the...

Continue reading

The Markets’ Strange Disregard for the Chaos in Washington

UBS continued, “The tax hike is also likely to be smaller than the potential overall spending.” On balance, the report said, “With vaccination programs underway, we retain a positive longer-term outlook for equities.” Such analyses help to justify the upward trend of the stock market but don’t explain why the rally withstood the assault on the Capitol. Much as I hate to say so, I’m not yet confident that the country is on a clear path to safety and stability. Given the grave damage already inflicted on the United States, the risk of greater destruction can’t be dismissed. But it doesn’t appear...

Continue reading

Here Are the 8 Chinese Apps Trump Banned

WASHINGTON — President Trump on Tuesday signed an executive order prohibiting transactions with eight Chinese software applications, including Alipay, the payment platform owned by Ant Group, and WeChat Pay, which is owned by Tencent. The move, two weeks before the end of Mr. Trump’s term, could help lock in his administration’s harsher stance toward China and is likely to further rankle Beijing. But defining the scope of the order and enforcing it would presumably fall to the incoming Biden administration, which has not clarified whether it will try to enact Mr. Trump’s bans, creating uncertainty about the efficacy of the move. The...

Continue reading

As Some Deficit Hawks Turn Dove, the New Politics of Debt Are on Display

And while running big deficits might have once stoked fears about inflation — as too many dollars chased too few goods — price gains have been too low for comfort for years. Add to that the emergency needs prompted by the pandemic, and even the Fed’s leader, who had long warned about the nation’s debt load, has said this is a reasonable time to spend money. “As a general rule, it is important to be on a sustainable fiscal path,” the Fed chair, Jerome H. Powell, a Republican, said at a news conference last month. “From my way of thinking and...

Continue reading

What Giant Skeletons and Puppy Shortages Told Us About the 2020 Economy

The result has often been referred to as a “K-shaped economy,” in which the well-off are on a rapid ascent while those with lesser means — and disproportionately Black, Hispanic and female workers — are suffering the pandemic’s economic consequences. As the rich get richer and more mobile in the work-from-home era, they’re buying houses. AMERICA HAS ZOOM TOWNS. Many middle-class millennials who lingered on the housing market’s sidelines for years reported that the pandemic had hastened their buying plans. They have been lured by the Fed’s pandemic-tied interest rate cuts, which have made mortgages cheap, and by the prospect of more...

Continue reading

Trump Signs Pandemic Relief Bill After Unemployment Aid Lapses

House Democrats plan on Monday to vote on legislation that would provide for $2,000 direct payments, with Speaker Nancy Pelosi saying Mr. Trump should “immediately call on congressional Republicans to end their obstruction” and support the measure. Senator Chuck Schumer of New York, the minority leader, said he would move to pass the bill in the Senate, but such a maneuver would require Republican support. But during the negotiations, Senate Republicans have resisted increasing the payments, citing concerns about the deficit. In a statement applauding the president’s signature, Senator Mitch McConnell of Kentucky, the majority leader, made no mention of the...

Continue reading

How Heather Cox Richardson Became a Breakout Star on Substack

Dr. Richardson confounds many of the media’s assumptions about this moment. She built a huge and devoted following on Facebook, which is widely and often accurately viewed in media circles as a home of misinformation, and where most journalists don’t see their personal pages as meaningful channels for their work. She also contradicts the stereotype of Substack, which has become synonymous with offering new opportunities for individual writers to turn their social media followings into careers outside big media, and at times appears to be where purged ideological factions go to regroup. That’s true of Never Trump Republicans pushed out of...

Continue reading