Is technology changing the economics?

CoStar Group, a leading provider of online real estate marketplaces, information, analytics and 3D digital twin technology, announced that it has completed its acquisition of Zonda, a new home-construction data, homebuilder software and residential real estate marketplace platform, for $800 million in cash. Zonda’s platform of proprietary lot-level construction and development data, which serves more…

By Erik Hertzberg (Bloomberg) — The Bank of Canada is likely to hold borrowing costs steady, as an escalation in the trade war with the U.S. threatens the economic recovery while adding to inflation risks. Economists and markets expect policymakers led by Governor Tiff Macklem to keep the policy rate at 2.25% on Wednesday. It…

Atom Bank has launched a ‘Natural Capital’ lending proposition to support the development of new housing and infrastructure across the UK. As part of the Natural Capital loans, the lender has established methods for handling changes in land value and loan-to-value (LTV) ratios as arable land is converted into a habitat bank. Demand for…

For a worker paid by the shift, $200 arriving tomorrow can outweigh an annual income figure that looks healthy on paper. That’s an authentic test of financial health and the one PYMNTS CEO Karen Webster put to WorkWhile CEO Simon Khalaf in the latest Monday Conversation: what happens when the next paycheck isn’t guaranteed? The…

A consortium of international FIs are planning to issue a U.S. stablecoin in early 2027; London-based OpenPayd has entered the U.S. through its acquisition of MSB USA; the U.K. fined Citi £4.7 million ($6.3 million) for hundreds of transactions in breach of sanctions against Russia; and more in this week’s banking news roundup.