Economy

Celebrity psychic from Akko launches 'Psychic Academy': course pricing revealed
Eden Hodia Cohen, a psychic who gained popularity through her security and political predictions, is launching a 'Psychic Academy'. How much does the card reading course cost and what are the early bird savings?

Analyst with an optimistic forecast: "Bitcoin will soar to $85,000"
Crypto expert Michael van de Poppe estimates that Bitcoin is on its way to a 25%–30% breakout in the coming months, despite the sharp price erosion and market volatility.

Wall Street futures rise ahead of employment data release
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.

Apartment from a contractor or second-hand: differences that can cost tens of thousands of shekels
The payment schedule, index linkage, entry date, securities, and liability for defects vary between the two transactions; a new apartment provides legal protections but includes uncertainty and future costs, while second-hand allows viewing the property and requires careful verification of rights and the seller.

Hazi Hinam Launches "FestiAugust" with Massive Sales
The Hazi Hinam supermarket chain has invited customers to "FestiAugust," an alcohol and beer festival held at selected branches. The event features tasting stands from leading brands, live music, and significant discounts on a wide variety of beverages.

Businessman who accumulated debts of 50 million shekels: "I did not steal. We simply collapsed"
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."

World's Richest Ranking: Elon Musk gains billions, Mark Zuckerberg loses ground
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?

National Insurance Institute warns debtors: key deadlines for August 17
Mid-month is the deadline for VAT, income tax, and National Insurance reporting. Due to the weekend, deadlines have been adjusted; timely filing is essential to avoid penalties and maintain social benefits.

Less than 7% profit: how little it takes for a residential project to become loss-making
Avisror revealed its data ahead of a stock issuance in Tel Aviv, admitting it is close to a loss in its Lod project. This is another example of a developer purchasing during the boom years and now facing a slump in sales and prices.

With an investment of one million shekels: the new move by IBI Capital
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.

Rami Levy crashes the market: sought-after product for only 199.90 shekels
The "Rami Levy Shivuk Hashikma" chain is offering a series of promotions in the non-food department, including a comfortable executive chair, a pack of folding chairs, and a spacious desk for back-to-school and working from home.

Idan Ofer celebrates profits, and Donald Trump bets on new stocks
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.
The Chronicles of Zik: After being exposed — the blogger who reached financial freedom reveals everything
Itzik Shiruki was exposed on Kan 11 as someone who managed to save enough money to retire from work, but we identified him as the financial blogger Zik. We caught him for a short conversation about anonymity on the web and the winning tips for the beginner financial blogger.

The National Insurance Institute approved the benefits: this is the significant decision that was made
An 18-year-old woman who was injured at work just before being drafted into the army was left with a finger injury. Even though the employer disappeared and went bankrupt, the medical board determined she had a 24% permanent disability, which will entitle her to a monthly pension for the rest of her life.

A $1.45 trillion debt threatens the economy: Julius Baer in a rare warning
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.

After 8 years in office: Yom Tov Samia steps down as chairman of Apollo Power
Yom Tov Samia has announced the end of his tenure as chairman of Apollo Power, a role he held since August 2018. It is expected that he will join a political party ahead of the elections scheduled for October 27.

An election campaign that will cost the Israeli economy dearly
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.

Next Vision Reports New Deals Totaling $14.4 Million
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.

The company everyone wrote off: Airbnb reports a net profit of 816 million
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.

Globes Exclusive: Netanyahu demands to transfer 400 billion shekels to defense during the election period
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.

Super-Pharm cuts prices on selected items: 1+1 deals until 18.8
The largest pharmacy chain in Israel has launched a series of major promotions. Dozens of products are now available at significant discounts, including buy-one-get-one-free offers.

Gold Bond Group in 121 Million Shekel Acquisition Deal
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.

2 Million Shekel Investment: Gordon Tourism Group Enters New Market Segment
Gordon Tourism Group has announced a partnership with international shipping company Transcend Cruises. The group will lead event production and marketing on board river vessels for both Israeli and international clients.

Phoenix storms this company — after a 1,190% jump in 5 years
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.

Burger King beats forecasts: net profit soared to $507 million
The main engine behind the strong results is the impressive recovery of the chain in the American and global market. Management expressed optimism and estimates that marketing adjustments will return Popeyes and Tim Hortons to the growth path as early as the second half of the year.

The town where an apartment without a mamad will cost you 525 thousand shekels
New apartments in some cities are expensive, and those willing to settle for an apartment without a mamad can find bargains - apartments priced from 500 thousand to a million shekels. Where was a 5-room apartment sold for 1.1 million shekels, and how much does an apartment with a mamad and parking cost in Ramle?

Real Estate Developer Avisror Hits the Stock Exchange: 530 Million Shekel Offering Completed
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.
Valued at Hundreds of Millions: Israir's New Move
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.

Wait-and-see mode in forex before the employment report - the dollar is stable at 3.01 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.

From bankruptcy during COVID to massive productions: the crazy transformation of a businessman
Or Nahum grew up in Eilat in a family of judges and scientists, the "black sheep of the family." He survived painful layoffs and an economic collapse during COVID, "ate shit in commercial quantities," but refused to give up. Now, at 38, he reveals the tough path he took and the big regret he still carries. A special interview.

Bitcoin weakens: leading currencies lose ground
A strong negative trend is sweeping the digital currency market as almost all major assets record price declines, led by one of the leading currencies that suffered the hardest hit this week.

Gett removed 'taxi' from its name long ago — now it's clear why
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.

Ahead of the market opening: The stock exchange prepares for dramatic data from the US
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?

Rami Levy with news for customers: The product you've been waiting for returns for only 199.90 NIS
After a series of promotions on trampolines, furniture, and food products, the Rami Levy chain announced that starting Sunday, a highly sought-after product for parents will arrive at all branches for 199.90 NIS. At the same time, it also launched a folding ladder and an executive chair at promotional prices, but emphasizes: stock is limited.

National Insurance Institute: Special education grant is on its way
The National Insurance Institute announced that the education grant for the 2026/2027 school year will be deposited into the accounts of eligible individuals on August 11. The grant amount this year is 1,204 NIS per child.

Five things to know ahead of the stock market opening
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...

"We need to talk about how we build, not just how much we build"
Construction times in Israel are breaking negative records. While everyone understands the urgent need, there are not enough incentives or real infrastructure to change the reality on the ground. Industry sources explain that the technology exists, but integration is slow and the pace must be increased. "The construction industry is chronically short of manpower, and the right question is not...

August's Offers: Sales and Promotions of the Month
Ahead of the return to school and with the autumn holidays on the horizon, chains and brands are launching summer sales and benefits in a variety of fields. We have gathered for you the most prominent offers of the month.

"Ordering Zionism at a pub": Be'eri launches beer from the kibbutz's barley fields
Kibbutz Be'eri has introduced a light lager made entirely from local barley. The project, launched in partnership with the Milk & Honey Distillery, serves as a symbol of resilience and connection to the land following the events of October 7.

"We need to talk about how we build, not just how much we build"
Construction times in Israel are breaking negative records. While everyone understands the urgent need, there are not enough incentives or real infrastructure to change the reality on the ground. Industry sources explain that the technology exists, but integration is slow and the pace must be increased. "The construction industry is chronically short of manpower, and the right question is not...