Shopify starts lending to small biz, ReturnBear's new boss, and Swedish candy on demand

Shopify starts lending to small biz, ReturnBear's new boss, and Swedish candy on demand

Here's what's been happening on Toronto's startup scene this week. Newsmakers. E-commerce giants are lending cash: Shopify and Square are introducing
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Pending Home Sales Dive to 2-Year Low | Newsmax.com

Tags: housing market declines | previously owned homes | mortgage rates … mortgage rates and higher prices were dampening demand for housing.
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After 2 stormy years of 'moonshot' house prices, don't hold out hope for a major correction …

'As more millennials reach age 40, their household formation rate will accelerate due to higher marriage rates and more stable incomes.'
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Don't ignore the exchange rate: How a strong ruble can shield Russia – Atlantic Council

This is coupled with a record-high trade surplus of $38 billion in April, … to slow this appreciation by buying up foreign currency with rubles,
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Mortgage rates fall slightly, but offer little relief to buyers – Channel3000.com

Mortgage rates fell for a second consecutive week, but still remain above 5%. The 30-year, fixed-rate mortgage averaged 5.10% in the week ending
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Mortgage Rates Drop To 5.10% As Homebuyers Are More Cautious Of Housing Market – Forbes

What's Next For The Housing Market? Higher mortgage rates coupled with skyrocketing home prices have been a one-two punch this year for the many
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Mortgage Rates Make Largest Weekly Drop In Years. This Expert Believes It's a Short-Lived …

Mortgage rates have fallen quite a bit from their recent peak. One expert says this is a bit of a break for strained homebuyers.
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Rocket Mortgage Classic Tees Up Several New Fan Experience Enhancements for 2022 – PGA Tour

DETROIT (May 26, 2022) – Since the Rocket Mortgage Classic began in Detroit in 2019, the tournament has consistently introduced innovative ideas
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Chaotic Congress evacuation caused by miscommunication, FAA report shows | AJOT.COM

The report was contained in a packet sent to Capitol Hill and was viewed by Bloomberg News. The flight that prompted the alert was being operated
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Mortgage rates fall slightly, but offer little relief to buyers | Focus Economy – WKTV

Rates have risen sharply since January, pushing the cost of financing a home significantly higher for buyers. At the end of May 2021, a buyer who put
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We have not seen any signs of a recession yet, says Deutsche Bank's Binky Chadha – YouTube

Binky Chadha, Deutsche Bank chief global strategist, joins CNBC's 'Squawk Box' to discuss whether he's forecasting a recession in the near future
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MotoGP: Prima Is New Title Sponsor Of Pramac Racing Team – Roadracing World Magazine

Pramac Racing has signed insurance company Prima as its title sponsor through the 2024 MotoGP World Championship season.
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Citi's 'Bear Market Checklist' says to buy the dip. Plus, top pharma ETF picks – The Globe and Mail

Citi global strategist Robert Buckland maintains a Bear Market Checklist, a series of 18 indicators that have historically helped identify an
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Propy introduces blockchain title and escrow service | National Mortgage News

The initial roll-out is in Arizona, Colorado and Florida, but the company plans to offer the capabilities nationwide over the next 24 months.
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US jobless claims fall more than forecast in tight labor market | | union-bulletin.com

The median estimate in a Bloomberg survey of economists called for a drop to 215,000. Continuing claims for state benefits rose to 1.35 million in
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Small Balance Multifamily Mortgage Lending Approach Requires Education, Tech, Creativity …

Small loans is a niche type of mortgage lending, and it only works if you have a company within a company, like Walker & Dunlop with its dedicated
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Lending fintech Creditspring raises £48m – AltFi

The UK company plans to lend £100m to support its members over the course of 2022.
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Why Utah housing market is 'very low risk' for price drops — while these Idaho cities are 'high risk'

As rising mortgage rates continue to put pressure on the U.S. housing market and the entire economy, economists and housing researchers are seeing
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Kenya: Equity Introduces Chat Banking On Whatsapp, Facebook and Telegram – allAfrica.com

Equity has introduced its Equity Virtual Assistant (EVA), the Bank's chat banking platform on social media platforms including WhatsApp,
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China's property market woes expected to worsen in 2022 | Reuters

China's property market woes are likely to worsen this year with prices remaining flat and sales and investment falling further, while tighter and
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