Economy

While the dollar weakens against the shekel, another leading currency is recording an unusual strengthening of more than 3%, creating a surprising offsetting mechanism that directly affects investors and savers in Israel.

Following rumors of a relationship with a TV star living in his building, the popular singer has completed a dramatic real estate expansion, boosting his property value to approximately 20 million shekels.

Ofer Yanai's energy company summarizes the half-year with project revenues of approximately 665 million shekels, more than double the corresponding period. Nofar forecasts aggregate revenues of approximately 6.4 billion shekels in a representative year from yielding, under-construction, and pre-construction projects, but recorded a bottom-line loss of approximately 60 million shekels.

The Rami Levy chain continues to surprise with home and garden products that won't break the bank. A comfortable recliner chair for the living room for only 399.90 shekels, a huge trash can on legs, and news for meat lovers | All the details on the new promotions

Garden County Health Services in the USA has filed for bankruptcy following financial difficulties. CEO Sam Pennington reassured that medical services will continue without interruption.

The supermarket chain concludes the first half of 2026 with a 150% jump in net profit and reveals the new and surprising growth engine that includes the sale of iPhones and electrical appliances.

Novolog released its Q2 2026 results following a management overhaul and the consolidation of the Pozis family's control. Net profit dropped to 541,000 shekels from 4.6 million shekels in the same quarter last year, driven by higher financing expenses.

Investment fund Generation Capital concluded the second quarter of 2026 with a pre-tax profit of 826 million shekels. Cumulative profit for the first half of the year reached 1.05 billion shekels.

The real estate group Best, which went public last June, announced an investigation due to concerns about financial irregularities in a subsidiary. According to the announcement, while the company was private, the controlling shareholders and a relative took — they claim by mistake — a sum of up to 1 million shekels from the subsidiary's funds without required approvals. Upon discovery, the amount...

Income-producing real estate company G City is planning to sell assets in Europe, the USA, and Brazil to reduce its high debt levels. The strengthening of the shekel and asset divestments impacted the company's second-quarter financial results.

The chain managed by Eitan Yochananof recorded a 1.9% revenue decline and a 1.6% decrease in same-store sales in the second quarter, largely due to technical factors including the timing of Passover and the cessation of Zol Stock consolidation. Simultaneously, the board approved the spin-off of real estate assets worth approximately one billion shekels.

Following an emergency move by the US Treasury in the bond market, the US currency is losing ground rapidly. How will this extreme step affect interest rates and what will the Federal Reserve do now?

Starting in December, Nasdaq is set to launch a new night trading session, keeping the US stock market open almost around the clock. US stocks will be tradable nearly 24 hours a day, subject to broker access. This move is a direct response to the crypto world and a global market that no longer waits for Wall Street's traditional opening hours.

Top Chef Ltd. announces a voluntary recall of corn star packages from the "Chef HaTeva" brand. The reason: a consumer reported finding a metallic foreign object in the package - all the details you need to know.

A decrease in apartment deliveries in Europe and the weakening of the dollar led to a decline in Shikun & Binui's revenues to 2.3 billion shekels in the second quarter and a plunge in operating profit. Despite this, net profit jumped by 70% to 241 million shekels thanks to a significant tax benefit, and the contracting backlog reached a record 18.5 billion shekels.

The market boom and growth in core activities boosted the investment house's profits by approximately 76% in the second quarter to about 65 million shekels. The group's revenues, managed by Dave Lubetzky, jumped by 37% to about 479 million shekels, led by capital and trading services activities. IBI shares have completed a jump of almost 80% over the past year to a value of about 6 billion...

Why does an affordable French wine costing 5.5 euros sell for 70 shekels in Israel? We traced the bottle's journey from the winery to the shelf and uncovered how logistics, taxes, and bureaucracy drive up the final price.

Trading in Tel Aviv will open against the backdrop of gains in Asia and a tailwind from Wall Street; dual-listed stocks will have a slight impact. The US Treasury's move calmed the bond market, but UBS recommends sticking to the short end. The rift in the Fed is deep, and Bank of America estimates: 3 more interest rate hikes this year. The reporting season in Tel Aviv is shifting gears: Altschuler...

The government agency is transferring monthly child allowances to assist with upbringing expenses, alongside regular deposits into a savings plan and special grants that can reach hundreds of shekels depending on the children's age.

Central banks around the world are fleeing from American debt and yields are hitting multi-decade highs. Psagot analyzes the direct impact on the local bond and mortgage market and recommends how to act.

Lombard Odier's investment managers analyze the AI turmoil, the surprising job losses in the US, and the dramatic intervention in the foreign exchange market for the first time in 26 years, and identify recommended investment avenues.

Globes presents the first update on the state of global markets. This morning: US Treasury measures support bonds and stocks against the backdrop of Trump's threats against Iran. Chip giants boost Asia, a green opening is expected on Wall Street. Fiscal pressure threatens the dollar. Also: JPMorgan recommends the communications sector.

The company "Food Good 18", founded by former executives from Tnuva and the food industry, is officially launching operations in the field of "frozen fine dining" — frozen gourmet food. Among the owners are Reuven Schlissel, Eyal Malis, and Avinoam Bar-Mocha. The product line includes frozen ramen, handmade Vietnamese nems, and meat stocks under the "Stock Factory" brand.

The foreign exchange market is stabilizing following yesterday's sharp decline in the dollar. This morning, the dollar is trading unchanged at below 2.98 shekels, while the euro is up 0.2%.

In the new episode of "Not Only for Millionaires," Daniel Shebaks and Yaron Daigi analyze why investors who choose the top-performing funds earn less than the average, and explain how psychology and age-dependent models hurt returns over time.

The Jerusalem District Court rejected a request by a group of investors to prevent the Greek Orthodox Patriarchate from selling land in the center of Jerusalem. The Supreme Court subsequently rejected the appeal.

The Ashdod oil refinery's board of directors has extended its consulting agreement with Shapir for three years, until August 2029, despite the Concentration Committee's recommendation against Shapir gaining control over the refinery.

In 2025, state winnings from civil lawsuits reached a record 1.5 billion shekels. This result was driven by the Civil Enforcement Unit's shift toward a proactive strategy to protect public resources.

The Jerusalem District Court, followed by the Supreme Court, rejected a request by a group of investors to prevent the Greek Orthodox Patriarchate from selling a land plot in the city center.

Nir Hirshman, CEO of the Crypto Companies Forum, warns that Israel needs a comprehensive regulatory reform. He argues that without removing barriers, the country risks losing the industry and billions of shekels in GDP.

The growth data published this week highlighted Israel's dependence on the chip giant Nvidia. However, unlike the past, when Intel was the dominant company in the local industry, this time it is a new type of risk: production is carried out abroad and the products do not pass through Israel at all. And also: is the chip giant on its way to receiving state benefits?

In search of new growth engines, Azrieli and Melisron are becoming dominant residential developers. Sales and the backlog are growing, but the industry warns that it is too early to determine if the move will yield the desired return.

Omer Idel joined the army with a negative bank balance due to family turmoil. This pushed him to start businesses, and he invested the profits from them (a million shekels by age 24) into the capital market. He always looks at the long term, prefers indices, and believes in "letting money work for you."

The rush of Israelis for Chinese cars is reaching the importers' reports. Carasso, with the help of the Chery brand, increased its market share to a record of about 15.3%. Delek Automotive, on the other hand, an importer of Mazda that once dominated the roads, is at a record low of 3%. And how much did the importers earn on each car sold?

Government bonds are breaking yield records around the world. Is the figure reflecting rising risks in the markets also an investment opportunity for bond enthusiasts? Experts estimate that the high yields are "changing investor considerations," but warn: "there are no free lunches."

Your shopping cart is about to change: the well-known food chain has started offering a distinct Jewish item that you would not expect to find alongside regular household deals, and this is its surprising price.

An exceptionally stormy trading day ended in the US with a sharp turn in the bond market, an unusual jump in Bitcoin that led to a quick short squeeze, and dramatic news in a cancer vaccine trial.

The US government debt has reached $40.05 trillion, doubling over the past decade. The US Treasury Department announced the milestone 4.5 years after the debt crossed the $30 trillion threshold.

The Ministry of Agriculture has completed the process with authorities in Cambodia, and starting from the upcoming export season, Israeli farmers will be able to market citrus fruits there. The Citrus Growers Organization estimates the potential at approximately 10,000 tons per year.

Breaking an 18-year record: The success of clinical trials combining mRNA technology in the fight against cancer has led to an unprecedented surge in Moderna's stock. According to The Wall Street Journal, the company recorded the sharpest daily increase of any S&P 500 firm since 2008.