Economy

American chef Will Coleman's viral 6-1 grocery shopping method helps reduce food waste and impulse buying by organizing supermarket lists into a structured numerical formula.

Wall Street suffered its worst session in three months as tech and AI shares tumbled, driven by inflation concerns and massive infrastructure spending fears.

Modeling agents Roberto Ben Shushan and Rotem Gur end a decade-long partnership as Gur acquires Ben Shushan's stake in the R&R modeling agency for two million shekels.

Netivot-based real estate firm Buskila Brothers has secured a 280 million shekel credit line from Menora Mivtachim and Reality Fund Finance to expand its business activities.

Israel's Knesset Finance Committee approved a regulatory fix enabling credit card companies to issue tradable CoCo bonds, cutting funding costs and boosting loan competition.

Travel tech firm Navan secured a $225 million revolving credit facility led by Barclays and amended its Goldman Sachs line. The company forecasts 2026 revenues up to $933 million.

Palo Alto Networks CEO Nikesh Arora sold shares worth approximately $201 million via a pre-planned forward contract. Meanwhile, cybersecurity stocks declined following reports of OpenAI's planned acquisition of Trail of Bits.

Barzani Group, a major Israeli real estate and infrastructure firm, is exploring a TASE IPO aiming to raise over 800 million shekels at a 2.5-3 billion shekel valuation.

Globes reveals Hotel Lutetia earned roughly 28 million shekels from 'The White Lotus' production, while investment houses push for financial sector reforms.

Israeli health group Movement, led by Eli Dahan, has acquired Swiss digital health firm Dacadoo, expanding its global footprint to the US, Canada, Japan, and Europe.

The S&P 500 bull market marks its fourth anniversary with a 118% gain, driven by corporate earnings and tech investments. While historical data suggests further growth, analysts warn of risks from rising bond yields and high valuations.

Bitcoin hovers around $83,400 amid market volatility and declining institutional inflows, while Asian tech stocks face steep drops over AI valuation concerns.

The Tel Aviv Regional Labor Court ordered Technoso Control Systems to pay 509,000 shekels to CTO Erez Cohen, whose salary was withheld while he served in IDF reserve duty.

Contractor vanished after taking an advance payment? Learn your rights regarding contract cancellation, stopping credit card charges, and filing small claims in Israel.

A building undergoing Tama 38 renovations collapsed in Tel Aviv this Wednesday. Experts warn that partial structural reinforcement of aging seaside buildings poses severe safety risks.

Recent real estate tenders in Ma'ale Adumim received no bids, while Tel Aviv advanced the Beit Romano preservation plan and Herzliya approved the new UAE embassy.

A couple whose Dubai-Israel flight was canceled following a September 30 security incident filed a class-action suit against Flydubai in the Tel Aviv District Court, demanding compensation for abandoned passengers.

Israel's Antitrust Commissioner Michal Cohen slammed major banks at the Investment Houses Association conference, citing a 20 billion shekel gap in household deposit yields. The move has sparked a regulatory clash with the Bank of Israel.

New York City Comptroller Mark Levine reversed his campaign promise to resume municipal pension investments in Israel bonds, citing technical and financial constraints.

The Tel Aviv-Yafo Local Planning and Building Committee recommended transferring Beit Romano to full municipal ownership while expanding three towers by six to seven floors to increase housing and commerce.

Despite a decline in bank investment advisor positions, Israeli capital in advised portfolios reached a peak of 485.6 billion shekels, signaling a shift to independent and external management.

Tel Aviv District Court ordered Aksilion Smart Transport to convene a special shareholders meeting to oust its board, dealing a blow to CEO Harel Hershtik amid corporate governance concerns.

Bank of America shares dropped over 7% after reporting a 17% profit fall due to a $1.2 billion regulatory fine. Meanwhile, Morgan Stanley and BlackRock beat expectations.

Israeli actor and businessman Modi Safuri has launched the ARUSA bridal and production complex in Jaffa, investing hundreds of thousands of shekels in the new venture.

Chip inspection manufacturer Camtek raised its financial outlook, reporting expected third-quarter revenues of 160-161 million dollars and projecting 2027 revenues above 800 million dollars.

Explore how Israeli professionals navigate career advancements, new job offers, and promotions during pregnancy and parental leave, challenging traditional workplace stagnation.

Israeli energy company EirEnergy announced the appointment of businessman Shahar Mahat to its board of directors. Mahat will actively drive business growth as the company expands its renewable energy projects in Israel and Europe.

Crypto markets trended downward on Wednesday as Bitcoin fell to $83,692. Meanwhile, European retailers pulled Ledger hardware wallets over unapproved component modifications.

American hedge fund Community Fund, led by Jeremy Blank, bought 23 million NIS worth of Bazan shares after a drop caused by facility pollution, securing a quick profit.

Netflix is cutting about 6% of its global workforce, laying off around 1,000 employees amid growth slowdowns. Co-CEOs Greg Peters and Ted Sarandos announced the major cuts ahead of earnings.

Israeli fashion chain Tamnoon opened its largest-ever branch at the G Complex in Kfar Saba, spanning 2,000 square meters across two floors with a 7 million NIS investment.

The State Employees Union threatens legal action against Israel Land Authority acting director Yehuda Eliyahu for blocking a musical featuring female singers, citing religious objections and stalled welfare events.

Bitcorp Capital sold its Indian Airtouch operations for 14 million shekels while its subsidiary Proxybit secured an expanded digital asset license from the Capital Market Authority.

European retailers pull Ledger hardware wallets after devices sold in Southeast Asia were found with hidden components designed to steal recovery words.

Fattal Hotel Group announced a major expansion strategy in Israel featuring 12 new hotels by 2030 and two new hospitality collections: Fattal Limited Edition and Fattal Colors.

The Tel Aviv Regional Labor Court ordered a company to pay 500,000 NIS to a dismissed sales agent, ruling that unpaid overtime and omitted commissions violated labor laws.

Israeli planning committees have advanced major urban renewal, industrial, and academic projects nationwide, including a new Kiryat Shmona academic campus, Western Galilee employment hub, and major housing initiatives.

A Sydney currency trader was fired after tracking revealed he secretly worked from Singapore and Indonesia. Australia's tribunal ruled the dismissal procedurally flawed but denied compensation.

Tomer Mazon posted a 21.3 million shekel loss in the first half of the year amid an inventory scandal and suspended trading. The food importer is overhauling its governance and negotiating bank waivers.

Three apartment buyers petitioned the Tel Aviv District Court to initiate insolvency proceedings against real estate developer Bney Ir Bisrael over an unpaid 340,000 shekel judgment.