Economy

Israelis continue to feel the impact of the cost of living, which is reflected in their shopping habits. Data from StoreNext shows a decrease in the quantity of consumer goods purchased in the second quarter, as shoppers become more cautious with their expenses.

The weekly review by Psagot Investment House highlights the divergence between global central banks and the expected surge in Israel's defense spending, which poses risks for investors.

Yinon Magal shared a marketing video with his followers detailing changes he made to his mortgage: "They cut my mortgage almost in half."

A new collective agreement signed between the Histadrut and SAP management covers 800 employees, ensuring enhanced retirement conditions, remote work regulations, and a 4.5% increase in welfare budgets.

Passengers of the "Tnufa" company are expected to be affected today (Monday) by a five-hour warning strike, after hundreds of drivers and employees announced that they would halt the operation of the lines in protest against an ongoing crisis in the company.

Elbit's US subsidiary has signed a contract worth up to $300 million to supply helmet systems for US fighter jets. This deal joins a series of major contracts secured in recent weeks, strengthening the company's backlog and impacting the returns of Israeli savings funds.

Rapid price increases and high valuation multiples can signal market bubbles, though identifying them remains a challenge. In an era of technological uncertainty, the risk of such bubbles bursting persists. Globes' "Monitor" column explains the core concepts.

From the perspective of Israeli investors, the market is often limited to the USA and Israel. However, experts suggest considering MSCI global indices to diversify risks and access the 40% of the global economy that many retail investors ignore.

Huge investments of trillions of dollars in artificial intelligence infrastructure in the USA are expected to boost inflationary pressures in the coming years. While companies fight for a breakthrough, investors are already identifying the real opportunity in the market.

Tiv Taam is integrating the 'Mizrah u-Ma'arav' food brand into 10 of its stores. Simultaneously, the chain is opening a new branch in western Rishon LeZion with an investment of 6 million shekels.

Even the world's wealthiest are not immune to economic shifts. A new report by Julius Baer reveals the rising costs of a luxury lifestyle and how global elites are adapting their financial habits.

PEAX Group, controlled by the FIMI fund, has signed a defense order worth 115 million shekels—nearly half of its market value. However, this specific investment has been one of the few loss-making ones for the successful fund.

Working from home offers freedom from office politics and commuting, but requires discipline. To maintain productivity, it is essential to establish clear boundaries, use goal-setting tools, and adhere to cybersecurity practices.

A new acquisition in the public transportation sector unites two operators that have faced sharp criticism and heavy fines from the Ministry of Transport in recent years due to service quality. The details of the deal have not yet been revealed.

The infrastructure company Rimon is acquiring control of Inter Industries at a value of about 169 million shekels, a premium of about 17% over the market price. But the stock is jumping even more - what does this mean for investors and what is behind the move?

Amidst intensifying competition in the corporate benefits market, Ten Bis is launching a new card offering cashback and discounts, expanding beyond lunch breaks. CEO Tomer Peper discusses the company's strategy and comments on rivals Wolt and Cibus in an interview with Globes.

In the first phase, checkout counters will be removed from ten branches, starting with Ramat HaHayal. These will be replaced by 'Mizrah-Ma'arav' departments. CEO Hagai Shalom stated that customers will scan and pay for their items independently at terminals.

Not every debt leads to bankruptcy. Learn whether it is possible to save a business in distress and how the debt settlement process works.

Big has completed the sale of its 80% stake in the Legends at Sparks Marina shopping center in Nevada for $82 million. Following this transaction, the company retains only one remaining property in the US, which it also intends to divest.

Kat Friday, a New York fintech employee, has turned the clothing rental app Pickle into a thriving business. Just eight months after starting, she earns about $7,000 a month, rents a warehouse, and is looking to hire her first employee.

Hamilton, the importer of Xiaomi in Israel, is opening a new store at the HaZahav Mall in Rishon LeZion, offering limited-time mega-promotions. Customers can purchase gadgets for 10 shekels and enjoy discounts of up to 55% on televisions and vacuums.

Massivit is strengthening its position in the security and aviation sectors by appointing Nir Salomon as Head of Global Business Development, following the opening of a service center in Barcelona.

A resurgence in the housing credit market: Bank of Israel data reveals the distribution of financing rates and the risk levels taken on by borrowers. Additionally, the data highlights how many Israelis are allocating up to 40% of their monthly income to mortgage payments.

The "Rami Levy Shivuk Hashikma" chain is launching new promotions in its branches and on its website, which will be valid until August 8, 2026. From olive oil and coffee to personal care and laundry products – how much will the sought-after products cost you? | All the details

The calm in the geopolitical arena, the drop in oil prices, and expectations for continued accommodative interest rate policy in the USA are bringing investors back to risk assets and providing a tailwind to the crypto market.

The 'Eretz Nehederet' star has been chosen to front the 'Big Apartment Tender' campaign for the Prashkovsky Group. The campaign, backed by an investment of approximately 15 million shekels, encourages the public to set their own apartment prices.

Mass layoffs in Israel's high-tech sector, driven by AI integration and economic instability, are shattering the 'psychological contract' between employees and the industry, leading to a deep identity crisis.

The Board of Directors of Israel Railways has decided that Avshalom Elmalich will serve as acting CEO. Elmalich, currently the VP of Planning and Operations, previously held the role until taking medical leave earlier this year.

Prime Energy has signed a binding framework agreement with Delek Israel to build energy storage facilities and data centers at 60 gas stations across the country. How much does the company plan to invest, what profits are expected, and is this just the beginning?

The retail chain is expanding its presence in Rishon LeZion with a second large-scale branch located in the Protea shopping and entertainment complex. The store will operate on weekends and holidays, offering a wide range of products and special launch promotions.

The bank has initiated a private securitization deal backed by its mortgage portfolio, which received a high international rating. These strategic moves have brought the bank's managed mortgage portfolio to approximately 18 billion shekels.

The leading car company is upgrading its entire network with an investment of approximately 2 million shekels, introducing a new design language across its 15 branches nationwide, starting with the new Ashdod location.

The investment bank Value Base has filed an 11 million shekel lawsuit against real estate firm Aya New York, alleging failure to pay agreed-upon offering commissions. The company denies the claims and is seeking compensation for damages.

The veteran pharmaceutical company Trima, founded 85 years ago, is shutting down its production operations. The company had been reporting annual losses of 10-20 million shekels.

The income-producing real estate company plans a full exit from operations in the USA. It is selling the asset in Nevada at a price higher than the book value and plans to sell the last asset in Pennsylvania. In addition, the company also sold its holdings in the subsidiaries in France.

The trading week in Tel Aviv opens with an 'English opening' expectation due to chip stock declines on Wall Street. Global markets are reacting to Iran's signals of de-escalation, leading to a 5% drop in oil prices.

Ofer Yanai, controlling shareholder of Nofar Energy, is set to increase the company's stake in Ellomay Capital from 46% to 71%. The deal is valued at approximately 250 million shekels.

Following reports at the end of the week, the controlling shareholder continues to increase its stake, purchasing another 190,000 shares for 7 million shekels. Total investment since the end of the week has reached 15 million shekels.

Dual-listed stocks return with a sharp negative gap, led by Tower and Camtek. This week: Fed interest rate decision, Microsoft, Meta and Apple reports, as well as Teva and Check Point. What do you need to know?

In a new weekly review, the Meitav investment house has raised its 12-month inflation forecast to 2.1% due to rising fuel prices. Experts also warn of financial risks stemming from a surge in business credit.