Economy

The Tax Authority is promoting a smart system where businesses will transfer VAT to the state at the moment of payment, aiming to reduce bureaucracy and combat fictitious invoices. The move is expected to inject billions into public coffers. Meanwhile, the Treasury warns that VAT may rise to 19% in 2027.

Berkshire Hathaway's massive cash pile is starting to shrink, and Wall Street sees this as the first sign of change in the post-Warren Buffett era. The company ended the second quarter with $364.7 billion in cash and short-term government bonds, a 4% decrease compared to the previous quarter — the first decline in its cash reserves quarter-over-quarter in four years. The reason is not weakness in...

Giant investors like Ray Dalio, Jeffrey Gundlach, and Prof. Kenneth Rogoff believe that America has entered a critical phase at the end of which the government will struggle to finance its debt, the dollar's purchasing power will be cut, and its status as the dominant global power will be lost. There is a belief that the process could happen in just a few years. Why does the US have one of the...

Forbes live data reveals significant changes in the ranking of Israeli billionaires: Eyal Ofer takes the top spot after a surge in his net worth, while Miriam Adelson has lost ground and dropped to second place.

A new player has entered the stock exchange's fee comparison, and upon its first entry, it has changed the entire picture. While investment houses fight over every fraction of a percent, the veteran banks are still charging much more. Where are you on the map, and are you paying too much?

The CEO of the largest bank in the US points to a risk that is barely heard of: hidden loans that inflate the stock market and could turn a local shock into a wave of declines. Is it time to take a closer look at your portfolio?

Berkshire Hathaway reported a sharp jump in second-quarter results, supported by rising share prices in its massive stock portfolio. The company's cash pile grew to $359.2 billion, while net profit attributable to shareholders more than doubled to $25.67 billion.

The increase in Israel's foreign exchange reserves is attributed to profits from the Bank of Israel's investment portfolio management, which were partially offset by government withdrawals for purchases abroad.

Bezeq finished a successful quarter and will distribute 515 million shekels to shareholders: 415 million shekels in cash and 100 million shekels through a share buyback.

Last month, Elon Musk crossed the trillion-dollar mark, and estimates suggest five more trillionaires will join him within a decade. Does all this wealth threaten democracy? And why are more and more warnings being heard on the subject?

The probability of a Federal Reserve interest rate hike in September has fallen to 43.9% following weak July employment data. The number of jobs decreased by 23,000, against an expected gain of 83,000.

US employment saw a surprising decline of 23,000 jobs in July, missing the forecast of 83,000 new positions. Meanwhile, the unemployment rate fell to 4.1%.

The TA-35 index climbed by about 1% while the TA-90 index continues to lag behind in the shadow of weakness in real estate stocks. Tower surged by 9% and led the chip gains, and Palo Alto rose by about 3% on its first day in the local indices. Towards next week: the market is waiting for the US employment report and is preparing for a step up in the local earnings season.

Wall Street futures signal gains. European markets are trading positively, while Asian markets closed mixed. Bank of America estimates that the US labor market added about 80,000 jobs in July. Monday shareholders approved doubling the compensation package for the CEOs.

Yuval Rafael, founder of YallaRent, opened apartments for evacuees on October 7, but a dispute over offsets with the state and excessive leverage led to the company's collapse with debts of 50 million shekels: "I don't believe I reached this situation."

The past week saw a sharp rise in market valuations, contributing to significant wealth growth for the world's five richest individuals. Who achieved the largest gain, what shifts occurred at the top, and what is the current net worth of the leader?

The financial services arm for the high-tech industry of the IBI investment house is launching a massive campaign on the Ayalon highway and at the Azrieli Center, marking the start of a broad strategic move that will include the launch of new technological products.

Hot Mobile is sold for 1.8 billion shekels, the Bezeq chairman gives an interview, and the Bank of Israel reveals what is driving the dollar. The top economic news of the week on ice.

Economists at the Swiss banking giant analyze the worrying funding gaps of the US Treasury and point to the moment when reality will hit the markets and yields could skyrocket. Also: the interest rate decision in India and the impact on inflation.

Globes has learned that Benjamin Netanyahu wants to break the budget to transfer 400 billion shekels to the defense system, while emphasizing military procurement in his election campaign. However, this move, for which it is difficult to find justification at this time, could lead to a downgrade of Israel's rating and a significant tax increase next year.

Following a decline in its stock price last month, Next Vision, a developer of advanced imaging solutions, has announced new orders worth $14.4 million, boosting its shares on the Tel Aviv Stock Exchange.

Globes has learned that the Prime Minister ordered last night at a multi-participant meeting to convene the Knesset to vote on breaking the budget, which would allow for an additional 400 billion shekels for military procurement. This may lead to a breach of the deficit target and undermine market confidence in the economy.

The market expected it to fail again, but the rental giant presented an incredible quarter with a jump in profits, growth in India, and savings through artificial intelligence. Airbnb stuns Wall Street analysts.

Gold Bond Group reports the acquisition of Shaham Guy's operations, a company generating tens of millions in annual revenue. Details regarding financing and the timeline for completion have been disclosed.

The Phoenix Group is expanding its investments: Phoenix Finance has purchased thousands of shares of Qualitau on the stock exchange, crossing the 5% threshold of the share capital, thereby establishing its position as a significant stakeholder in the high-tech company.

Israir shareholders approved the investment deal in the new 'Super Fly' customer club with a 99% majority. The deal values the club at approximately 315 million shekels, with Israir's share reflecting a value of about 31.5 million shekels.

Currency markets remain stable ahead of the US July employment report. The dollar is trading at 3.01 shekels as investors look for signals regarding future Fed policy.

The real estate firm Avisror Moshe and Sons has completed an offering at a company valuation of 2.6 billion shekels. With 525 million shekels raised from institutional investors, the company has become the 19th firm to join the Tel Aviv Stock Exchange since the start of 2026.

The taxi giant is storming the group transport market, a veteran diamond dealer explains the industry's collapse, the new job of Dadi Barnea, another unflattering cost-of-living ranking for Israel, and the dubious clause that allowed budget transfers during the Knesset recess — the most read articles of the week.

Trading in Tel Aviv will open against the backdrop of declines worldwide. Palo Alto will begin trading this morning within the leading indices, its weight is still low. Dual listing: Tower will jump at the opening, Nova will fall. The US employment report will be published in the afternoon, Bank of America: the report will indicate a stable labor market. According to JPMorgan, the market is...

Tel Aviv turned green at the close led by banks, and on Wall Street the Dow fell from a peak as yields rose. Shuki Nir, CEO of SolarEdge, in an interview with ice after the stock crashed 30%. What is expected today?

US President Donald Trump criticized the massive profits of Exxon Mobil and Chevron as oil prices surged due to Middle East tensions, while Wall Street indices ended the day with losses.

Despite positive second-quarter financial results, Taboola shares plummeted on the Nasdaq due to investor concerns over a new policy planned by Google regarding web navigation.

Dubai no longer projects security, and the world's wealthiest are looking for a new home. Some left their home countries for security reasons, while others are interested in extensive tax benefits. Where are they moving, and which country is trying to establish itself as the new destination?

Three years ago, Novo Nordisk ruled the market with an iron hand, but Eli Lilly has made a massive overtake. The pill revolution, price drops in the USA, and a lawsuit — the drama behind a market worth hundreds of billions.

The yellow metal keeps rising, climbing to a seven-week high against the backdrop of a weakening dollar, a cooling US labor market, and signs of de-escalation in the Middle East. But it is still very far from the January peak — and that is exactly the big question: is this a new rally or just a temporary rise?

Private equity firm Apollo Global Management will acquire easyJet in a deal valued at $7.7 billion. The acquisition is moving forward after competing investment firm Castlelake withdrew its bid.

The stock exchange closed in the green as both flagship indices recorded a rise in prices. Ormat Technologies stock is defined as the day's biggest winner, jumping by 8.98%. In contrast, Ackerstein Group is the biggest loser.

Businessmen Even and Ricky Newman have acquired an additional 10% stake in the B-Good fashion chain, bringing their total holding to 34% at a company valuation of 250 million shekels.

The Israeli gaming company recorded revenue of $731.1 million and a net profit of $48 million. Disney Solitaire continued to grow rapidly, but the number of users declined, and the company estimates it will finish the year at the lower end of its forecast. The stock is falling.