Economy

Wall Street closed lower as 10-year bond yields hit a 22-year high of 5.36%, though AI infrastructure stocks and strong memory chip makers bucked the trend to limit losses across major indices.

Commercial real estate giant Tishman Speyer has acquired Manhattan's iconic Chrysler Building for $235 million, ending years of financial distress and planning major modernizations.

Julius Baer reports that Middle East oil supply is recovering, yet prices linger near $100 a barrel due to geopolitical risk premiums driven by sporadic Iranian attacks.

Gilat Telecom plans to buy back up to 7 million shekels of its shares following a profit surge. The company cites strong cash flow and undervaluing of its stock.

Three years after October 7, Israeli venture capitalist Dudi Francès of Group 11 announced a term sheet for a $1B funding round, honoring founders who fought in the war.

Amazon faces a class-action lawsuit in Israel as a local pet supplies firm accuses the tech giant of secretly overcharging advertisers, causing tens of millions of shekels in damages.

After four decades of operation, a legendary falafel stand in Holon has closed due to light rail construction disruptions, but the historic business has now been put up for sale.

Israeli banks are preparing for potential UK and international sanctions regarding settlement activities, warning that global financial institutions might tighten compliance checks even before formal legislation is enacted.

AI investments drive 39% of US real GDP growth, with tech giants pouring $800 billion into infrastructure. Experts warn a potential slowdown risks market downturns and broader economic impacts.

Following gasoline excise cuts, the Manufacturers Association of Israel demands that Prime Minister Benjamin Netanyahu and Finance Minister Bezalel Smotrich extend the tax relief to diesel fuel.

Tel Aviv indices dropped sharply amid global sell-offs and Hormuz tensions. TA-35 fell 2.44% to 4,096.45 points, while Next Vision and Priortech led market decliners.

The Ministry of Finance proposes reforming high-tech employee stock options, raising taxes to 30% for delayed execution while offering income tax relief for high earners.

American exporter Anderson Hay faces collapse after major lender PGIM rejected its restructuring plan over a $15 million debt dispute, prompting a crucial court hearing.

IKEA is launching a home pickup buyback service and a second-hand digital marketplace in Europe, capitalizing on a booming market projected to reach 16% of furniture sales.

Global oil prices surged past $101 per barrel on Wednesday due to Middle East tensions in the Strait of Hormuz and storm threats. Governments in the US and Israel weigh tax cuts to ease consumer burdens.

The Tel Aviv District Court approved an 8.3 million NIS settlement in class actions against Google over unauthorized location tracking.

Cryptocurrency markets faced heavy losses as Bitcoin dropped to $83,614 and Ethereum fell over 5%. Dollar-pegged stablecoins remained stable amid the broader market downturn.

Discount Bank economic department head Einat Meir reviews global bond yield surges, highlighting rising inflation fears, oil price shocks, and shifting fiscal pressures in the US and Europe.

As Israel's northern region rebuilds following extensive wartime devastation, local communities like Manara and organizations like the HaBayta movement are taking reconstruction into their own hands through innovation hubs, culinary academies, and grassroots resilience.

The Reserve Bank of India raised its key interest rate to 5.5% amid mounting inflation pressures, while upgrading its economic growth forecast to 7.1%.

Israel Discount Bank experienced digital service disruptions affecting online platforms and ATMs due to maintenance work, shortly after announcing a merger with Mercantile Bank.

Carasso Motors acquired a 30-dunam plot in Nesher for 100 million shekels to build a massive 15,000-sq-m regional hub for freesbe, joining Colmobil and Meir Group in turning the Haifa suburb into Israel's premier automotive center.

Attorney Guy Zomer released a database of 3.8 million Israeli real estate transactions, providing public access to complete property histories and market values.

The Haifa District Court rejected an appeal over a disputed duplex, ruling that while the transfer deed date was wrong, the signature was authentic.

The Supreme Court ordered Kikar HaMedina landowners in Tel Aviv to pay a 45 million shekel betterment levy after dismissing an appeal over a canceled tunnel project.

Bank of Israel foreign exchange reserves dropped by $4.64 billion to $237 billion in September 2026, driven by global market revaluation and government transactions.

The Central District Court ordered the liquidation of the 'Spices' kitchenware chain after it accumulated 55 million shekels in debt due to severe market pressures and the ongoing war.

Delivery platform Wolt experienced a temporary global technical glitch during peak lunchtime hours, halting delivery services worldwide while allowing only self-pickup orders.

Grail nears FDA approval with a positive advisory committee review, while PolyPid shifts its US and Canadian marketing strategy, and the Israel Innovation Authority invests in new deep-tech incubators.

Headstart crowdfunding platforms raised 117 million NIS across 1,232 war-related campaigns since October 7, 2023, reflecting unprecedented public solidarity and civic action in Israel.

A single ticket holder won a massive 64 million NIS Double Lotto jackpot, netting roughly 38.44 million NIS after taxes following ten consecutive drawings.

Aylon Insurance faces a disappointing second month in the provident fund sector with low September returns, despite aggressive marketing and massive capital inflows driven by insurance agents.

Is a late grocery delivery entitled to financial compensation? Exploring the Technicians Law rules, waiting windows, and how consumers can claim up to 600 NIS for severe delays.

Learn how to properly adjust your refrigerator's cooling dial according to seasonal changes to save on electricity bills and prevent food spoilage.

NTA announced that 19 international consortia and 31 global companies have qualified for the NIS 65 billion Infra 1 tenders for the Tel Aviv Metro project.

NTA has announced the companies passing the pre-qualification stage for the Tel Aviv metro INFRA 1 tenders, valued at 65 billion shekels, featuring major Israeli and international firms.

Real estate transactions in 2026 project a 20% drop, yet median apartment prices in Tel Aviv surged to 3.6 million NIS, while Herzliya and Ashkelon saw price declines.

Bituach Leumi details eligibility criteria and payment tiers for Israel's special services allowance, scaling up to 9,126 NIS monthly starting January 2026.

Conduit Technology is suing USDT issuer Tether in a New York federal court, demanding the release of $2.76 million in frozen funds and damages over an allegedly improper asset freeze.

ZIM raised its 2026 financial outlook, projecting adjusted EBITDA of $2.7-3 billion and EBIT of $1.4-1.7 billion, driven by strong demand and freight rates.