Economy

The trading day in Tel Aviv closed in the green as the TA-35 index strengthened, but under the surface, there were particularly sharp movements with a collapse of several well-known stocks.

With revenues of over $100 million in the first half of the year and a sharp jump in net profit, the Israeli company reports unprecedented results and marks its next target.

In recent years, more and more Israelis prefer to spend their leisure time and shop near home instead of traveling to Tel Aviv — both because the offerings are no longer unique or interesting enough, and because of the traffic chaos. If the municipality does not wake up, the day is not far off when the 'city that never stops' will take a long break.

Brainsway finished the second quarter of 2026 with record results, reporting a 35% revenue increase to $17 million. Following these strong figures, the company has raised its annual guidance.

The National Insurance Institute reminds self-employed individuals and employers that the deadline for reporting and paying insurance premiums is August 16. Delays will result in fines and significant linkage differentials.

Many young people find it difficult to purchase an apartment and establish their lives where they grew up; some even choose to leave the country. The new roof agreement in Ra'anana seeks to change the trend and allow the future generation to remain in the city and establish their home there.

REIT 1 has made progress in leasing office space at the Infinity complex, but occupancy rates remain below targets. Amid moderate growth in operating income, the fund was forced to revise its annual performance forecast downward.

The local committee recommended depositing a plan for the construction of a new residential complex on HaAliya HaShniya Street in Bat Galim. Instead of eight housing buildings from the 1950s, about 800 housing units, 5,000 sqm of commercial space, and 1,500 sqm for public buildings will be built. The plan also allows for doubling the area of the "HaAliya" school.

One of the most powerful financial companies in the world is acquiring a young firm founded just four years ago, in a massive deal that will boost its assets under management to $130 billion.

Wiz founder Assaf Rappaport is reportedly exploring the acquisition of the McDonald's franchise in Israel. Following recent moves into the media sector, the entrepreneur is looking to diversify his portfolio beyond technology.

An extremely volatile day is passing for the digital currency market as Bitcoin shows a daily decline while Ethereum records a significant increase. These are the rates and full data of the strongest currencies in the market right now.

The Iranian economy is gradually shifting from crisis management to survival management. Households are cutting consumption, switching to installment purchases and second-hand goods, while the government struggles to maintain basic supplies amid rising inflation.

Investment firm Meitav Trade concludes a strong quarter with a 12% increase in net profit and is distributing 13 million shekels to investors, alongside the acquisition of thousands of new clients and the upcoming launch of a new trading system.

The Israeli hamburger chain Burgeranch is launching a major summer campaign with an investment of approximately 3 million shekels, offering the 'Family Combina' meal at a special price of 149 shekels.

Following the $32 billion sale of Wiz to Google and his move to acquire Reshet 13, cyber-giant founder Assaf Rappaport is in talks to purchase the McDonald's Israel franchise, which operates 225 locations.

The largest engineering and project group in Israel will pay 35 million shekels for 75% of the shares of Bar-El 27 Industries, with the aim of expanding its industrial activity and diversifying the group's revenue sources.

After an exceptionally strong quarter, the Israeli company is raising its forecasts for 2026 and presenting dramatic clinical data for the treatment of PTSD and clinical depression, alongside a huge backlog of orders.

US annual inflation slowed to 3.4% in July, matching market expectations. The Consumer Price Index rose by 0.1% month-over-month.

A review by the Ministry of Finance's Chief Economist indicates that apartment purchase cancellations have surged by 41%, rising from 1,294 in January to 1,821 as of August 2026.

Manif is slowing down new credit distribution amid real estate market stagnation. CEO Maor Duek announced a tightening of the underwriting model to manage risks in the current volatile economic environment.

Following the massive success of its Purim collection, Max Stock is launching an exclusive back-to-school line featuring internet star 'De Cohen'. The range includes backpacks, stationery, and gadgets at highly competitive prices.

OPC reported a successful second quarter with revenues jumping 94% to $379 million and adjusted net profit rising to $34 million. The growth was driven by increased ownership in US assets and a shift to dollar-denominated reporting.

The reform promoted by the Tax Authority is intended to fight fictitious invoices by collecting VAT in real-time, instead of the periodic reporting practiced today. The Institute of Certified Public Accountants warns of damage to the cash flow of small businesses and the passing of costs onto consumers. At the same time, the question arises as to how input VAT offsetting will be carried out and...

A new law will require certain businesses to record sales calls and keep them for up to two years, with the aim of fighting fraud and consumer exploitation. However, opponents of the move warn of a heavy economic burden that will be passed on to the consumer, exposing businesses to fines from the Privacy Protection Authority and a wave of civil lawsuits.

According to Ministry of Finance data, apartment sales jumped by 50% in June compared to the same period last year, during the war with Iran. Despite the growth, the market remains mixed, with Netanya leading in financing benefits offered to buyers.

Following a recent court ruling that created uncertainty in the industry, the Ministry of Justice and the Urban Renewal Authority have published a framework that will allow real estate developers to offer tenants different compensation in Pinui-Binui and TAMA 38 projects. What do real estate experts think of the proposed framework?

Mortgage volume reached 11.5 billion shekels in July, an 8% increase year-on-year. Experts warn that these figures reflect past transactions and create a misleading sense of market health.

A viral TikTok video has sparked a debate over tipping culture: a couple claimed prices at Shake Shack increased after they chose not to tip. The company insists the incident was caused by a technical glitch.

SanDisk, a giant in data storage and flash memory solutions, is experiencing an extraordinary boom in the era of artificial intelligence infrastructure. Since returning to the market as an independent public company in February 2025, the company's stock has surged by more than 3,400%, with a rise of over 400% since the beginning of 2026 alone. Now, enjoying an exceptionally strong cash flow, the...

In every decade, there is one action that has more impact than the rest, and one decision that becomes impossible if you wait. A practical guide by life stage, including the 2.1 million shekel difference between a saver who started at 25 and one who started at 35.

Leading Wall Street indices closed slightly lower on Tuesday as investors remain cautious ahead of July's inflation data. Despite market tension, the current earnings season continues to show strong results, driven by significant investments in artificial intelligence.

CoreWeave shares jumped 8% in after-hours trading Tuesday after the AI infrastructure provider reported revenue that beat Wall Street analyst forecasts. Quarterly revenue reached $2.58 billion, a 112% increase year-over-year, highlighting strong demand for generative AI hardware.

The Ministry of Health has issued an immediate closure order for the 'Oshi Oshi' sushi restaurant in Hadera. Follow-up inspections revealed critical failures, including improper fish storage temperatures and significant cross-contamination risks.

Swiss sports footwear brand On reported second-quarter results that missed analyst expectations. Following a slowdown in US sales growth, the company's shares plunged by 22%.

The tax on sugary drinks was canceled over three years ago, but a new Tax Authority study reveals that part of the price hike remains in effect. The data is particularly notable for products from the Central Bottling Company, including Coca-Cola, Fuze Tea, and Prigat.

Following the launch of a massive branch in Netanya at the site of a former Carrefour, the Sapir Group is preparing to open three additional branches soon in Ashdod, Kiryat Ata, and Kiryat Gat.

The Australian Transaction Reports and Analysis Centre (AUSTRAC) has suspended the registration of Cryptolink as a virtual asset service provider and ordered the shutdown of the company's machines for three months.

The esteemed actress speaks candidly about her financial situation after four decades in the industry. After recently deciding to offer audition preparation services, she sheds light on her economic status: "I've had three people so far. It's impossible to make a living just from acting."

August is one of the most expensive months of the year, putting family budgets to the test. Yohananof is stepping up with a precise solution that proves you can beat the cost of living without compromising on quality, offering everything needed for a perfect summer in one place.

Liberman said that without universal conscription and an extension of service, income tax would have to rise by 16%. This number does exist in official opinions, but it describes something slightly different. The 'Whistle' from Globes.