Economy

Crypto market in a frenzy: This is the coin recording the most dramatic jump
A green and positive trend is sweeping the digital currency market as Bitcoin crosses a dramatic threshold, but another coin manages to surprise investors with the strongest daily rise.

Thousands of jobs at stake: The Rotem Amfert plant dilemma
Thousands of families dependent on the Rotem Amfert plant fear layoffs due to delays in approving the use of Pond 4. Lobby 99 accuses the company's management of exploiting workers' anxiety to secure environmental concessions, while experts warn of pollution risks and the broader environmental costs of mining.

The Chinese imitation of Air Jordan has become a headache for Nike
The Chinese company Qiaodan, featuring a logo and name strikingly similar to Michael Jordan's brand, continues to pose a significant challenge to Nike in China. Nike's sales in the country plummeted by 17% in the last quarter.

Who is having a hard time here? Fuel became more expensive and then cheaper, recovery pay was upgraded, and there is also a work grant
"Election economics" or not, the surprising jump in fuel prices will lead to a reduction in the excise tax. And also: the work grant and the update of the recovery day rate are worth thousands of shekels a year, the ranking of the free cities in Israel, the lawsuit of the network influencer against her former partner, and the current trend of Generation Z | The Economic Summit – the most viewed...

After 10 Years: Iconic Ben & Jerry's Flavor Returns to Shelves
Fans have spoken: the legendary 'Chubby Hubby' flavor, featuring vanilla ice cream, pretzels, and peanut butter, is returning to regular production at 24.90 NIS.

Businessman who swindled millions files for bankruptcy: massive debts and asset liquidation
Less than a year after his release from prison, the former owner of a New York insurance agency has filed for bankruptcy. Among the creditors are defrauded insurance companies, tax authorities, and banks.

Israeli Company Acquires 7.8 Dunams in Beit Shemesh for 105 Million Shekels
The I.S.A Group, alongside a strategic partner, has acquired 7.8 dunams of land in Beit Shemesh. The site is slated for a 75,500-square-meter mixed-use complex featuring residential units, retail space, offices, and an assisted living facility.

Banking giant UBS warns: Do not make this mistake with the dollar
Bond yields are hitting highs not seen since 2008, but the US currency is not strengthening as expected. The bank's economists reveal new investment recommendations and identify preferred currencies.

15,000 percent in a day: a 'unicorn' in the cloud or a colorful bubble?
A new coin jumped by an unusual rate within hours, but behind the impressive number hides a small market with limited liquidity. Is this a project that might continue to grow, or a surge that actually illustrates the risk in the crypto market?

Opening a business in the center? Here is how to do it right
Everything you need to know before opening the shutters: from registration with the authorities, licensing and taxation to recruiting employees and choosing the right field — this is how you will establish a business in the center of the country on a stable basis and with high chances of success.

Retirement begins long before the last workday
A 3-part series on one of life's most significant transitions: how to prepare properly for retirement and why it has a deeper meaning than it seems. Dr. Zvi Barak, a lecturer on the behavioral aspects of the retirement process, provides insights and a toolkit for this new chapter of life.

Sorting out real estate promotions: how do you know if it's a good deal?
Discounts of hundreds of thousands of shekels, interest paid by the developer, payment installments, reduced index-linking, and specification upgrades: in a period when sales rates in the housing market are slowing down, more and more developers are offering benefits to attract buyers. For those looking for an apartment, this can be a real opportunity, but also a consumer trap. How do you know if...

The American Dream and Its Collapse: Gen Z Chooses Investing Over Real Estate
Until recently, buying a home was the cornerstone of the American Dream for young people, but soaring housing prices have forced a shift in strategy. Instead of mortgages, Gen Z is increasingly turning to trading apps and long-term investments in stocks and pension accounts, while delaying family milestones and living with parents to build capital.

Sorting out real estate promotions: how do you know if it's a good deal?
Discounts of hundreds of thousands of shekels, interest paid by the developer, payment installments, reduced index linkages, and specification upgrades: in a period when sales rates in the housing market are slowing down, more and more developers are offering benefits to attract buyers. For those looking for an apartment, this can be a real opportunity, but also a consumer trap. How do you know if...

Dramatic Signal from Wall Street: Investors Storm the Market
A senior Federal Reserve official shifted market sentiment, leading to sharp gains in New York. Tech stocks surged alongside an unusual recovery in the cryptocurrency market.

Osher Ad announces changes to Saturday night operating hours
The popular food chain is issuing an important update ahead of the busiest days of the year, and is publishing the updated opening time for branches that will affect thousands of families in Israel.

Elite with an important message: The legendary snack returns in a limited edition
Ahead of Breast Cancer Awareness Month, the "Pesek Zman" bar returns for the fourth consecutive year in special packaging as part of a collaboration with the "One in Nine" association. The packaging features a QR code leading to information on early detection and a personal risk assessment questionnaire.

CAL to Refund 4 Million Shekels to Customers: Who Is Eligible for Compensation
The settlement approved in court determines that CAL customers who previously received a temporary exemption from card fees may be eligible for a refund for one month. Who is included in the group, how much money will they receive, and what has changed since then?

Volkswagen Approved Efficiency Plan: 50,000 Jobs at Risk
The Volkswagen supervisory board has unanimously approved a comprehensive efficiency plan that could lead to the reduction of approximately 50,000 jobs. The move aims to bolster the group's competitiveness.

"The sword over the workers' necks" and the depleting resource: The trap of the polluting plant in the Negev
Following the legal battle over the phosphogypsum ponds of Rotem Amfert, thousands of workers in the Negev fear that they will return from the holidays to find there is nowhere to work. Environmental organizations accuse the plant's management of cynically using the workers as a human shield to obtain pollution permits.

Eran Zahavi Builds Business Empire: Launching New Sports League
Following his retirement from professional football and significant real estate investments, the former national team star has opened a private padel complex and is launching the 'EZ7 Padel Tour'. Zahavi notes that while he misses the pitch, he is now fully committed to his new business ventures.

Airline loses lawsuit against pilot who moved to El Al
An airline demanded a refund for the expensive training of a pilot who joined a competitor, but the court ruled against the company and ordered it to pay 10,000 shekels in legal costs.

The legal nightmare with Migdal: Received 382,000 shekels — and was forced to return every shekel
A dramatic court ruling reveals how an erroneous distribution of compensation funds after death led to a demand for immediate restitution, and clarifies who is truly entitled to the funds accumulated in the deceased's policy.

The giant chain acquires competitors: will expand to 138 branches in Israel
The Hassid Group, which owns Pizza Shemesh and Pizza Pargo, has acquired the Pizza Cheese chain, which has 5 branches across the country. As part of the move, the group plans to expand the chain and open at least 5 additional branches.

The Dollar and Euro Are Surging: Is the Shekel Heading for a Surprising Turnaround?
Following the Bank of Israel's interest rate decision that surprised markets, leading currencies have strengthened against the shekel. The chairman of Puria Finance analyzes the situation and provides a forecast for the medium and long term.

Profits soared but the stock is crashing: what happened to the famous brand?
The lingerie empire presented seemingly positive reports, but a dive into the papers revealed one-time tax refunds of millions that hid the true situation.

Furniture Giant Southern Motion Files for Bankruptcy
The furniture manufacturer, which employs hundreds of workers, has filed for creditor protection under Chapter 11. Despite market concerns, the company has received legal approval to continue paying employee salaries and benefits.

On the way to Netflix: Major Kan 11 deal revealed
The Israeli Public Broadcasting Corporation launches its new broadcast season and announces an expanded partnership with the global streaming giant to air its most successful series.

National Insurance Institute: Pregnancy Bed Rest Benefit Up to 10,865 Shekels
Women forced to stop working during pregnancy due to medical risks or working conditions may be entitled to a benefit from the National Insurance Institute. Learn about eligibility criteria, the application process, and how payment amounts are calculated.

Renowned actor on the way to buying a football club: "A serious matter"
The trend of celebrity ownership of sports teams continues: the Hollywood actor is in official negotiations to purchase a stake in his childhood club. All the details about the emerging deal, the surprising family connection, and the stars who have already done it before him.

Revolution in Carrefour branches in Israel: the new market the chain has entered
Good news for consumers: the supermarket chain is launching "Pharm Express" stands and offering 24 types of over-the-counter medications in 32 of its branches. Among the products: Advil, Acamol, Nurofen, and Fenistil.

Electra Real Estate plummets, Ayalon surges by 9% | Stock market trading summary
Stock market trading summary: sharp surges in Ayalon, WeSure Global Tech, and Mega Or shares, notable declines recorded in Electra Real Estate and Next Vision shares.

Algae crisis reveals: State payments to private desalination plants jumped by about 50%
The Water Authority has increased the tariff per cubic meter of desalinated water to 4 shekels to incentivize private companies to continue operations despite algae pollution. The crisis highlights the risks associated with the full privatization of Israel's water sector.

The most expensive canteen in the IDF: "They are exploiting us like a monopoly"
An outrageous exposé reveals abnormal price gaps of tens of percent on basic consumer goods at a closed base compared to other IDF bases, with the Ministry of Defense admitting that some prices are set by the franchisee.

Will apartment prices in Israel rise or fall in 2027: AI models give a definitive answer
While contractors and politicians make conflicting promises, the world's six most powerful AI models analyzed interest rate and demand data in Israel and reached one decisive conclusion regarding 2027.

Haaretz journalist fired after 12 years: "I am in shock"
Against the backdrop of the collective agreement to reduce staff at the Haaretz group signed in July, journalist and editor Merav Moran is ending her tenure after a decade: "I didn't see it coming and I was surprised. Completely. Boom."

Wolt Receives Ultimatum Over Couriers: "30 Days to Fix It"
The National Road Safety Authority has demanded that Wolt formulate a plan within 30 days to reduce courier-related traffic hazards. The company faces potential legal action if safety standards do not improve.

"It was really disgusting": Customer finds insect inside chicken fillet from Rami Levy
Lital Barkan purchased a package of chicken fillet at a Rami Levy branch for a family meal, only to discover an insect embedded inside the meat. The supermarket chain referred her to the A-T Group slaughterhouse, which denied responsibility. The Ministry of Health has launched an investigation into the incident.

Crypto of the day: positive trend in the market, Ethereum is rising, and here is what happened to Bitcoin
The crypto market has been trading in a positive trend over the last 24 hours. Bitcoin maintains its status at the top with a moderate increase, here is what happened to the other currencies.

Gal Gadot makes a multi-million exit: food giant Barilla acquires Goodles
The Israeli actress is set to complete a significant business deal as Italian pasta giant Barilla signs an agreement to acquire Goodles, the mac and cheese brand she co-founded. While deal terms remain undisclosed, the company was valued at $88 million in 2023.