Economy

Alex Northrop turned a 350,000 shekel apartment deposit into FILL IT, a top Israeli online supplement brand that grew 300% in two years and now targets the US market.

Bank of America shares dropped sharply after CEO Brian Moynihan warned of a slowdown in third-quarter capital markets activity, triggering a sector-wide sell-off across Wall Street major banks.

Stanford University's Graduate School of Business ranks first globally for the eighth consecutive year in Bloomberg's annual index, leading American institutions in entrepreneurship and compensation.

A US federal bankruptcy court ordered Humble Baron Inc., operator of the world's longest bar in Tennessee, to liquidate under Chapter 7 following massive financial irregularities and chronic multi-million dollar losses.

World fast-food giants like McDonald's and Burger King are shifting away from over-reliance on digital kiosks, retraining millions of workers to restore personal service and human interaction.

Netanya's historic Park Hotel, site of the 2002 Passover massacre, is slated for demolition under a new master plan to build a 30-story beachfront mixed-use tower.

Navigating financial markets in August 2026 amid uncertainty and interest rate cuts requires a structured strategy rather than chasing trends. Experts outline core principles for risk management and capital allocation.

A Tel Aviv court ordered a couple to pay ₪32,600 in defamation damages to an optician after they posted false Google reviews and verbal attacks following a dispute over a custom glasses order.

AGTD has announced the merger of Megam Food, a specialized institutional food distributor with 25 million shekels in annual revenue, expanding its logistics and retail reach.

The U.S. EEOC found that tech giant Cisco violated civil rights by failing to protect Muslim and pro-Palestinian employees from a hostile work environment and severe internal threats after October 7.

An expert analysis of annual leave rights in Israel with Adv. Moshe Boshi, detailing accumulation rules, part-time calculations, negative balances, and termination payouts.

Super-Pharm is offering the 2026 Mercedes E350 Sedan AMG Platinum on its online marketplace for 499,999 NIS, down from 629,000 NIS, in a limited stock of 10 vehicles.

Attorney Sharona Bar-Nboim breaks down Israel's pension fund mechanisms, detailing disability coverage, continuity rules, and how to secure financial rights during illness.

US 10-year Treasury yields surged to 5.026%, reaching their highest level since 2007, as Asian markets retreated and Wall Street digested AI sector volatility ahead of the Federal Reserve's rate decision.

Apartment prices in Israel rose by a minor 0.1% in May-June, sparking debate over market trends amid high interest rates, regional conflicts, and fluctuating transaction volumes in Tel Aviv.

Strive has acquired 469 additional Bitcoins for $36.6 million, bringing its total reserves to 25,000 coins valued at $1.95 billion while funding purchases through preferred shares.

Osem-Nestle has completed its transition to 100% renewable solar electricity across all Israeli manufacturing plants and logistics hubs, cutting annual carbon emissions by 30,000 tons.

Yohananof supermarket chain launched a massive one-day fresh produce discount for "Fresh Tuesday" on September 15, 2026, offering vegetables and fruits from 2.90 NIS alongside children's bicycles for 199 NIS.

Rami Levy Shivuk Hashikma offers a practical folding bed for 99.90 shekels ahead of Sukkot, providing an affordable sleeping solution for hosting guests or sleeping in the Sukkah.

August CPI is projected to surge by 1.0%, pushing annual inflation to 1.8% and halting rate cuts. Bank of Israel interest rate is expected to hold at 3.25% amid geopolitical tensions and rising energy costs.

Five companies settle a class-action lawsuit with the Zalul environmental organization over misleading green labels on disposable tableware sold in Israel.

FTSE semi-annual index update brings five new Israeli stocks into focus, highlighting market anticipation, ETF rebalancing effects, and trading strategies.

UBS maintains an optimistic outlook for equities despite U.S. inflation concerns and rate hike expectations. S&P 500 earnings are projected to grow significantly through 2027.

Buyers in the Bnei Brak HaSofrim project filed a 1.58 million NIS lawsuit against developer Oded Shriki over apartment delivery delays, marking the fourth legal action against Arazi HaNegev.

Leader Capital Markets analysts report a gradual business recovery in Israel and project a deficit below target at 4.0%-4.2% of GDP, alongside global market updates.

Pasternak-Shaham's weekly review covers the robust Israeli stock market performance, surging US Treasury yields approaching 5%, inflation metrics, and major tech earnings.

Haifa's Sirkin Street has transformed from a neglected commercial area into a vibrant cultural hub, earning recognition in the Planning Administration's "Good Streets" study.

A recent investigation by Channel 13 reveals that some Israeli hotels allegedly offer compensation to guests in exchange for deleting negative reviews, casting doubt on booking platform ratings.

The Tel Aviv Regional Labor Court ruled that the National Insurance Institute must cancel old debts and refund deductions after a seven-year lapse in collection activity.

Volkswagen and Porsche have completed the sale of their remaining Bugatti-Rimac stakes for €1 billion, ending a 28-year German ownership of the French hypercar maker to focus on EV development.

Families in the northern community of Granot HaGalil face severe delays in expanding their neighborhood, highlighting bureaucratic hurdles amid ambitious state goals for regional population growth.

Shikun & Binui shareholders overwhelmingly approved selling Shikun Energy to the Generation Fund for NIS 4.45 billion. The deal requires further regulatory approvals and includes a NIS 300 million penalty clause.

Cybersecurity stocks surged on Wall Street as AI risks and warnings from tech leaders fueled demand for security solutions, with CrowdStrike and Zscaler jumping over 15%.

Keshet Teamim chain launches broad food discounts on meat, fish, dairy, and snacks. Frozen salmon is priced at 49.90 NIS per kg and Tnuva cheese at 14.90 NIS.

Deutsche Bank analysts highlight a critical global week for central banks, as rising oil prices and inflation pressures challenge the Federal Reserve, BoE, and Bank of Japan.

The Israeli food retail market is booming as Keshet Teamim, Stop Market, and Carrefour Israel pursue massive valuations and IPOs, shifting focus toward data and Retail Media.

The Tel Aviv Stock Exchange closed higher on Monday, led by a 1.11% gain in the TA-125 index. Arit Industries surged 12.70%, while Electra Real Estate led the market decliners.

Oracle has initiated a new round of layoffs starting Monday as part of organizational restructuring to cut payroll expenses and fund AI infrastructure investments.

Haifa District Court approved a rehabilitation plan for infrastructure firm A.M.C. Shemesh despite 1.25 billion shekels in debt claims, prioritizing key public transit projects over liquidation.

Bank Leumi faces a leadership change as Amir Rosen steps down from his role at the AI Center. His departure coincides with the exit of real estate head Tzachi Artzi.