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Day: May 1, 2024

NYCB short sellers stare at $42 million in losses after post-earnings rally, Ortex says
Business

NYCB short sellers stare at $42 million in losses after post-earnings rally, Ortex says

May 1, 2024May 1, 2024

By Niket Nishant and Manya Saini (Reuters) – Traders shorting New York Community Bancorp’s stock were sitting on more than…

US prosecutors examining financial transactions at Block, NBC News reports
Business

US prosecutors examining financial transactions at Block, NBC News reports

May 1, 2024May 1, 2024

(Reuters) -U.S. prosecutors are examining financial transactions at Block, NBC News reported on Wednesday, citing two people with direct knowledge…

US construction spending falls in March
Business

US construction spending falls in March

May 1, 2024May 1, 2024

WASHINGTON(Reuters) – U.S. construction spending unexpectedly fell in March likely as a resurgence in mortgage rates weighed on homebuilding, but…

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