Economy

At 96, Warren Buffett continues to influence Berkshire Hathaway's investment strategy
Warren Buffett celebrates his 96th birthday while remaining Chairman of Berkshire Hathaway after passing the CEO role to Greg Abel. We analyzed the company's performance over the past year, portfolio changes, and the legendary investor's ongoing role in key decision-making.

The battle for pension funds: The Insurance Agents Chamber threatens a lawsuit against FINQ
Following an advertising campaign claiming that agents' recommendations are influenced by commissions, the Chamber has filed a sharp demand to the Capital Markets Authority and the insurance agency. All the details on the conflict shaking the market.

Eitan Yohananoff crashes the market: massive sales until 9/12, the countdown has begun
The Yohananoff chain is launching a wide wave of sales ahead of the Tishrei holidays, with significant discounts in the meat, fish, pantry, and alcohol departments. From meat cut #8 at 29.90 shekels to pure honey at 14.80 shekels: everything you need to know about holiday prices | All the details

The fuel tax cut proposed by Smotrich: full throttle to the ballot box
Finance Minister Bezalel Smotrich has ordered a reduction in fuel excise tax to prevent a price hike. Experts criticize the move as election-year populism that will cost the state hundreds of millions of shekels.

Salary increases, bonuses and benefits: Good news for thousands of workers in Israel
A new collective agreement signed today at the Israel Nature and Parks Authority includes a signing bonus, a permanent salary increase, recognition of professional seniority, and additional benefits for approximately 2,200 employees.

Smotrich takes a decisive step: plans to reduce fuel prices immediately
Against the backdrop of fears regarding a sharp rise in fuel prices due to the blockade on Iran, Finance Minister Bezalel Smotrich will sign a special order to reduce the excise tax. The goal is to lower costs for consumers as early as this week.

Cheese recall in Israel: product removed from shelves immediately
Gad Dairies has announced a recall of its Camembert product after a test conducted by the French manufacturer detected the Listeria monocytogenes bacteria. The public is requested not to consume the product.

From panic to opportunity: how software company reports changed the narrative on AI
Four software companies from different fields published their financial reports last week: Salesforce, CrowdStrike, Okta, and Elastic. All four presented excellent reports but, more importantly, proved that AI is less of a threat to the software sector and more of a potential for unprecedented growth.

Product Recall: Camembert Cheese Pulled Due to Listeria Concerns
Gad Dairies has announced a voluntary recall of Camembert cheese after testing by the French manufacturer identified the presence of Listeria monocytogenes. Consumers are advised not to consume products from the affected batch.

Difficulties and Compromise: The Project for Senior Lawyers Will Operate in a Reduced Format
Partners, a company offering office services to independent lawyers that recently encountered difficulties, received the green light from Sela Capital to be released from its lease agreement. Partners will vacate floors 34-35 in the HaArba'a Towers in Tel Aviv by tomorrow and will continue to operate in a reduced format in the Museum Towers.

The dollar eroded Rafael's profitability. CEO: "The state must intervene in the foreign exchange market"
Rafael concludes a strong quarter with a 39% jump in new orders to 6.9 billion shekels and 20% growth in sales to 5.6 billion shekels. More than 60% of orders in the first half came from exports, and against the backdrop of the strengthening shekel, CEO Yoav Turgeman warns of damage to profitability and competitiveness: "State intervention is required."

Rafael CEO on payment delays from the state: "We receive empathy from the Treasury, but no solutions"
Rafael CEO Yoav Turgeman is criticizing the Ministry of Finance over state payment delays to defense firms. The Ministry of Defense currently owes 15.5 billion shekels to major defense contractors.

Rafael reports record-breaking results: The largest deal in its history revealed
The defense technology company concludes the second quarter of 2026 with a double-digit jump in sales and orders, marking an unprecedented milestone with the Navy.

National Insurance Institute: Temporary election work will not affect unemployment benefits
The National Insurance Institute has clarified the rules for unemployment benefit recipients working during the 26th Knesset election period. Provided specific conditions are met, income from election-related work will not impact benefit payments.

Crypto of the day: market overview and Bitcoin performance
Bitcoin is trading at $78,342.90 with a market cap of $1.57 trillion. Ethereum, BNB, and XRP are also recording daily price increases.

120,000 shekels a month: all the details on the new pancreatic cancer drug
Revolution's stock soared after the US Food and Drug Administration (FDA) approved its revolutionary drug. Will the drug reach Israel, how much will it cost, what will insurance companies do, and what competing products are on the market? Here are the answers.

Production line repair cut Karur's sales — financing income boosted the bottom line
The timing of the Passover holiday and a delay in replacing a production line hurt the revenues of the Karur company, which closed the second quarter with a decrease in revenue. However, an increase in financing income allowed the company to boost its net profit by 69%.

Rami Levy shakes up the market: modular product for only 49.90 NIS
The Rami Levy Shivuk HaShikma chain is expanding its home product offering with two new items at attractive prices: a modular storage solution from the MODU brand and an extra-strong shopping cart designed for carrying heavy loads. All the details.

Renowned aesthetic brand 'American Laser' to cease operations
Following debts exceeding 110 million shekels and failed rehabilitation efforts, the 'American Laser' brand will be fully absorbed by the 'Care' chain. Investments of tens of millions of shekels failed to restore public trust.

Labor Court: Shlomo Sixt to pay 4.7 million shekels to employees for rights violations
The car rental company Shlomo Sixt has been ordered to pay millions of shekels to employees after the court ruled it had infringed upon their pension and vacation rights. The court rejected the company's claim that sales commissions do not constitute wages. Shlomo Sixt is considering an appeal.

Before the school year: Microsoft reminds you that you can get Office for free
Ahead of the new school year, Microsoft reminds students and teachers in the Israeli education system that they are eligible for a free Microsoft 365 license. The suite includes Copilot AI and can be installed on up to five devices.

Following CFO's resignation: Tomer Mazon will not publish financial report on time
Tomer Mazon announced that it will miss the August 31 deadline for publishing its second-quarter and first-half financial reports. The delay follows an ongoing audit regarding inventory discrepancies and the sudden resignation of the incoming CFO.

Yitzhak Tshuva reshuffles Isracard leadership: new CTO appointed
Following the acquisition of the credit company by billionaire Yitzhak Tshuva, Guy Ram has been appointed as the new CTO, bringing 20 years of experience in managing complex technological systems.

Interest rate cut in Israel at risk: forecast from Mizrahi Tefahot Bank
Chief strategist Yoni Fanning analyzes the US Fed Chair's recent stance and explains how it may impact the potential for an interest rate cut in Israel.

Rami Levy opens a huge branch in Israel tomorrow: the chain's crazy promotion returns
The second flagship branch of the stock chain is launching tomorrow in a new location, and to mark the event, the exclusive offer that allows buying an electric car for less than 100 thousand shekels only is returning.

Omer Adam makes a stunning economic move: he will earn millions after his wedding to Sasha
Omer Adam, one of the producers of the "Next" show, announces the opening of new performances after all tickets for the previous shows were sold out.

Surged 1,000% in a week: This is the stock driving Americans crazy
A tiny stock has become a trading hit on Wall Street, jumping hundreds of percent in just a few days without any business news to justify it. Behind the surge are a tiny amount of shares, abnormal trading volumes, and a real threat of delisting from Nasdaq. What is important for an investor to know before getting swept up in the trend?

Not just chocolate: the secret message appearing on Pesek Zman packaging
Ahead of Breast Cancer Awareness Month, the company is launching a special edition of the iconic brand that will lead consumers to a personal risk questionnaire and donate part of the proceeds to saving lives.

From flyer distribution to a 120 million shekel empire: The success story of David Galperin
David Galperin discovered in his childhood that keeping promises is the key to big business. The teenager who distributed flyers at night now leads the Gil Group, employing over 80 people. In an interview, he recalls his journey from yeshiva studies to building a media powerhouse with an annual turnover of 120 million shekels.

The court prevented the strike at Tnufa – but the buses remained without fuel
This morning, numerous bus lines in Judea and Samaria were disrupted as Tnufa drivers found their vehicles without fuel. The incident occurred simultaneously with a court injunction against a planned strike by the drivers.

Have you heard about the Zara second-hand store? Here is how it works
What if when you buy a new piece of clothing you are already thinking about the day you will sell it? This is exactly the trend that has been changing the fashion market in recent years: more consumers, and especially young people, look at clothes not only as something to wear, but also as an item that can be passed on and sold.

The tough race to rent an apartment in San Francisco is shifting gears
Limited housing supply clashes with high salaries in the AI industry: "Fine, we'll pay $10,000".

Foreign investors bet on the banking sector: what they bought this week
At the peak of the reporting season, foreign investors poured hundreds of millions of shekels into the banking sector on the Tel Aviv Stock Exchange. We analyze what in the reports justified this rush and how it affects your long-term savings.

Soil contamination in Sde Dov: Lotteries for plots postponed, Adam Teva V'Din opposes dismissal of petition
The court ruled that at this stage, the lottery for the distribution of rights between landowners in Sde Dov should not be promoted, after some of the rights holders requested to wait until the extent of soil contamination is clarified. Meanwhile, Adam Teva V'Din opposes the dismissal of the petition regarding soil contamination in Sde Dov, despite the Supreme Court's recommendation.

Rami Levy sold 7 apartments in half a year - and explains the reason
In the company's 3 significant projects in Jerusalem, almost no apartments are being sold. The price per square meter is high, but Levy continues to increase his market share and clarifies that the company will meet the pace.

Tiv Taam Stock: Analysts Forecast 33% Upside
According to an IBI investment house report, Tiv Taam recorded 555.8 million shekels in revenue for Q2 2026 and growth in same-store sales, defying broader challenges in the food retail sector.

Israel Railways Announces Schedule Changes and Increased Frequency
Israel Railways is updating its schedule starting September 4, 2026, adjusting weekend operating hours and increasing train frequency at several central stations to reduce congestion.

A Blow to the Pensions of Millions of Israelis: A Jump of Hundreds of Percent in Payments
A quiet move in the pension funds of the Israeli public is leading to a jump of hundreds of percent in monthly payments. Who are the savers affected immediately, how do insurance companies exploit the law, and how can you protect yourself?

Breaking records on the stock exchange: The dramatic move by El Al
The airline, which is traded at a value of approximately 9 billion shekels, is joining a dedicated program of the Tel Aviv Stock Exchange with the goal of attracting foreign investors and increasing trading volumes, with the move set to begin this week.

Av-Gad's cash flow is negative. The company: "We have no liquidity problems"
After bringing Barak Finance into its structure, the company is looking for partners and may bring in institutional investors. The board of directors determined that despite the negative cash flow, there are no liquidity problems. The company published its reports for the second quarter, which show that the company sold 32 apartments in the quarter, compared to 10 in the previous quarter.