Economy

Today, Oct 10
14:15Calcalist
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ECONOMY // FINANCIAL FLOW
Consumer

US Workers Cut Lunch Spending and Skip Meals Amid Rising Living Costs

A new ezCater report shows 54% of US full-time workers skipped lunch weekly in 2026 due to inflation and rising living costs, cutting average weekly spending by 8% to $100.23.

11:21Calcalist
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ECONOMY // FINANCIAL FLOW
Markets

U.S. Household Debt Delinquencies Reach Highest Levels Since 2010, Fed Survey Shows

A new Federal Reserve survey shows American household debt delinquency rates jumped to nearly 20% by the end of 2025, reaching the highest levels since 2010 amid high inflation.

10:08Calcalist
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ECONOMY // FINANCIAL FLOW
Business

AI Data Center Firm Firmus Cancels Australia's Largest Planned IPO

AI data center builder Firmus has canceled what was set to be Australia's largest-ever IPO, citing market volatility and valuation concerns raised by institutional investors.

10:07Globes
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ECONOMY // FINANCIAL FLOW
Real Estate

The Rising Cost of Space: How Office Gross-to-Net Ratios Are Shifting

Modern office towers face rising gross-to-net ratios, climbing from 15% in the 1990s to 27% today, as developers incorporate extensive shared amenities to attract corporate tenants.

09:28Globes
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ECONOMY // FINANCIAL FLOW
Real Estate

Meitar House Sells for 3.35M NIS as Regional Real Estate Deals Slow Down

A 6-room private house in Meitar sold for 3.35 million NIS amid declining transaction volumes in the south. Recent Tax Authority data outlines multi-city sales.

07:34Ynet
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ECONOMY // FINANCIAL FLOW
Real Estate

Living on the Edge: Real Estate, Tech, and Wartime Reserves in Kelahim

A Negev moshav family shares how a 19-year real estate investment transformed into a 3.5 million shekel home, while balancing extensive reserve duty and local businesses.

Yesterday, Oct 9
17:49Maariv
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ECONOMY // FINANCIAL FLOW
Business

Syria's Sovereign Wealth Fund Drives Economy Amid Transparency Questions

Syria's sovereign wealth fund, established by President Ahmed al-Sharaa, manages billions in confiscated assets and foreign deals. Despite driving economic reconstruction, it faces transparency concerns.

17:48Calcalist
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ECONOMY // FINANCIAL FLOW
Markets

Paul Krugman Warns France Risks Becoming Too Big to Save Amid Debt Crisis

Nobel laureate Paul Krugman warns that France is facing a severe debt crisis and rising bond yields, potentially becoming too big to bail out for the European Central Bank.

16:32Globes
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ECONOMY // FINANCIAL FLOW
Business

Beyond Parking: How Pango Evolved Into Israel's Leading Mobility Super-App

Pango CEO Yonatan Alon discusses the company's evolution from a parking app into a multi-service mobility super-app, detailing subscription models, travel tech, and future acquisition plans.

15:22Calcalist
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ECONOMY // FINANCIAL FLOW
Business

Teva Wins US FDA Approval for WELTRUZA Schizophrenia Treatment

Teva announced US FDA approval for WELTRUZA, a once-monthly extended-release injectable treatment for adults with schizophrenia, boosting its shares in pre-market New York trading.

15:21ICE
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ECONOMY // FINANCIAL FLOW
Business

True Food Kitchen Files for Chapter 11 Bankruptcy and Secures $20M DIP Financing

American health-focused restaurant chain True Food Kitchen filed for Chapter 11 bankruptcy, closing 12 unprofitable branches while securing $20 million in emergency DIP financing.

14:41Calcalist
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ECONOMY // FINANCIAL FLOW
Business

Delta Air Lines Cuts 2026 Profit Forecast on High Fuel Costs, Misses Estimates

Delta Air Lines missed profit estimates and lowered its 2026 outlook due to high jet fuel costs, but CEO Ed Bastian reported robust consumer demand and rising ticket prices.

13:56Globes
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ECONOMY // FINANCIAL FLOW
Business

Bank Leumi CEO Hanan Friedman Gathers User Feedback on X and Announces Crypto Trading

Bank Leumi CEO Hanan Friedman engaged with users on X to gather feedback, announcing upcoming crypto trading services and responding to customer complaints about fees and service.

13:56Globes
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ECONOMY // FINANCIAL FLOW
Real Estate

Contractor Collapse Exposes Fragility in Israel's Real Estate Sector

The collapse of veteran Israeli contractor Neta Lifshitz over a 79 million shekel debt highlights severe financial pressures and shrinking profit margins in the real estate sector, despite strong apartment sales.

13:18ICE
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ECONOMY // FINANCIAL FLOW
Markets

Forbes Billionaires List: Musk and Top Five Wealthy Leaders See Major Weekly Losses

The latest Forbes billionaires list shows a sharp weekly drop across the top five richest individuals. Elon Musk remains first with 990.9 billion dollars despite losing 37.1 billion dollars.

12:01ICE
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ECONOMY // FINANCIAL FLOW
Business

Danish Biogas Leader Lundsby Renewable Solutions Files For Bankruptcy

Danish biogas leader Lundsby Renewable Solutions has filed for bankruptcy following heavy losses on a Finnish project, accumulating a 70 million crown deficit.

11:24Maariv
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ECONOMY // FINANCIAL FLOW
Real Estate

From Glitzy Aviation Icon to White Elephant: The Saga of Yehud's Avia Hotel

The historic Avia Hotel in Yehud, once a premier 1960s aviation hub, has stood abandoned for over a decade as developers and municipal authorities clash over future residential and hotel redevelopment plans.

11:22ICE
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ECONOMY // FINANCIAL FLOW
Business

Carasso Motors Achieves Record-Breaking Chery Launch in Austria

Carasso Motors' freesbe brand achieves a record-breaking launch for Chery in Austria, with 882 vehicles on the road since June 2026 and robust monthly growth.

11:22ICE
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ECONOMY // FINANCIAL FLOW
Business

Keystone Infrastructure Fund Approves NIS 25 Million Quarterly Dividend

Keystone Infrastructure Fund announced a quarterly dividend of NIS 25 million for shareholders, bringing total payouts since its IPO to approximately NIS 336 million.

11:22Globes
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ECONOMY // FINANCIAL FLOW
Markets

Micron Stock Surge: Analyst Raises Price Target to $3,000 on AI Demand

Memory chip manufacturer Micron surged 263% this year, but analyst Gil Luria from D.A. Davidson raised its price target to $3,000, citing massive AI demand.

11:22ICE
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ECONOMY // FINANCIAL FLOW
Crypto

NEAR Intents Recovers $3.8 Million After Hackers Return Stolen Crypto Funds

NEAR Intents suffered a $3.8 million cyberattack, but the CEO identified the attacker, leading to a full refund within 48 hours. Meanwhile, a new crypto ETF launched and NEAR prices recovered.

10:47Ynet
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ECONOMY // FINANCIAL FLOW
Real Estate

Israel's Most Expensive Real Estate: 16 Mega-Deals Total Hundreds of Millions

Madlan data for ynet highlights Israel's top 16 luxury real estate deals, led by a 91.4 million shekel sale in Neve Tzedek, reflecting a selective high-end market.

10:46Israel Hayom
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ECONOMY // FINANCIAL FLOW
Real Estate

BST Secures 1.12 Billion Shekel Tender for Ramat Gan's Vertical City Project

BST Construction has won a 1.12 billion shekel tender to build the massive Vertical City project in Ramat Gan's Diamond Exchange district, transforming the business zone into a 24/7 mixed-use urban hub.

10:42Calcalist
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ECONOMY // FINANCIAL FLOW
Business

Airtel Money Launches London's Largest IPO Since 2021 With 5.3 Billion Pound Valuation

Airtel Money launches its London Stock Exchange debut, raising 529 million pounds in the largest IPO in London since 2021, giving the fintech giant a 5.3 billion pound valuation.

10:41ICE
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ECONOMY // FINANCIAL FLOW
Business

Ferrero Launches Minecraft Edition of Kinder Joy Across Israel

Ferrero Israel launches the new Minecraft edition of Kinder Joy in supermarkets nationwide, combining iconic gaming characters with digital QR experiences.

10:05ICE
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ECONOMY // FINANCIAL FLOW
Business

Israel Economy: 4.5B Shekel Energy Deal, OpenWeb Collapse, and Retail Wars

Israel's economy sees massive shifts as a 4.5 billion shekel energy deal advances, tech firm OpenWeb faces a 177.5 million shekel debt crisis, and retail giants slash smartphone prices.

10:04Globes
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ECONOMY // FINANCIAL FLOW
Real Estate

Tel Aviv's Fourth District Skyline Transforms as Three Mega-Projects Near Completion

Three massive residential developments in Tel Aviv's Fourth District—DUO, Infinity, and Kikar HaMedina—are nearing completion, reshaping the local skyline amid shifting market sales and rising price per square meter rates.

10:03Geektime
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ECONOMY // FINANCIAL FLOW
Consumer

How to Stop Renting Your Internet Router and Take Control of Your Network

Discover how to break free from monthly ISP router rental fees in Israel by purchasing independent Wi-Fi hardware, setting up a fiber converter, and navigating customer service.

09:23ICE
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ECONOMY // FINANCIAL FLOW
Business

Tower Advanced Investment Solutions Appoints Nissim Boganim as New CEO

Tower Advanced Investment Solutions, part of Migdal Capital Markets, has appointed Nissim Boganim as CEO to spearhead its expansion and entry into new financial sectors.

09:23ICE
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ECONOMY // FINANCIAL FLOW
Crypto

Investigator ZachXBT Spends $349,700 Infiltrating North Korean Crypto Ring

Blockchain investigator ZachXBT spent $349,700 in an undercover operation to infiltrate a North Korea-linked Lazarus Group money laundering network following the massive Bybit hack.

08:50ICE
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ECONOMY // FINANCIAL FLOW
Real Estate

BST Group Wins 1.12 Billion NIS Tender for Vertical City Project in Ramat Gan

BST Group's subsidiary Best Bneya wins the 1.12 billion NIS main contractor tender for Phase A of the massive Vertical City mixed-use project in Ramat Gan.

08:14ICE
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ECONOMY // FINANCIAL FLOW
Markets

Intel's Terafab Rally Faces TSMC Threat as Elon Musk Expands Chip Partnerships

Intel's stock rally faces headwinds as Elon Musk's Terafab project reportedly holds talks with TSMC. The venture threatens Intel's exclusive manufacturing role as immense AI and robotics demands reshape the semiconductor market.

08:14ICE
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ECONOMY // FINANCIAL FLOW
Business

90-Year-Old Billionaire Shlomo Eliahu Takes Over as Temporary CEO of Migdal

At 90 years old, Migdal controlling shareholder Shlomo Eliahu has taken over as temporary CEO of Migdal Holdings, stepping into the role amid ongoing managerial turbulence and regulatory scrutiny.

07:39ICE
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ECONOMY // FINANCIAL FLOW
Real Estate

Israel Real Estate: Where to Find Apartments Under One Million Shekels

A review of recent real estate transactions across Israel highlights affordable housing options in towns like Yeruham, Arad, and Be'er Sheva, alongside notable property sales in Tel Aviv, Eilat, and Ramla.

07:39ICE
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ECONOMY // FINANCIAL FLOW
Personal Finance

Bituach Leumi Releases October 2026 Payment and Reporting Schedules

The National Insurance Institute of Israel has published the payment schedules and reporting deadlines for October 2026, returning to regular dates after a holiday-heavy September.

06:22Mako
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ECONOMY // FINANCIAL FLOW
Career

The Side Door to High-Tech: How Non-Tech Roles Lead to Core Product Careers

Entering Israel's high-tech sector as a junior has grown tougher, but professionals share how starting in peripheral roles like customer success and operations can lead to core product management positions.

Oct 8, 2026
22:32N12
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ECONOMY // FINANCIAL FLOW
Consumer

EU Bans Extra Carry-On Fees Starting October 2027

The EU has set October 23, 2027, as the deadline for new laws banning extra fees for carry-on trolley bags, mandating transparent upfront pricing for all airline passengers.

21:51ICE
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ECONOMY // FINANCIAL FLOW
Business

Starbucks Explores Chipotle Acquisition as Middle East Expansion Continues

Starbucks is reportedly exploring an acquisition of Chipotle, reconnecting CEO Brian Niccol with his former brand. While both chains expand in the Middle East, neither operates physical stores in Israel, decades after Starbucks' failed local venture.

21:13Ynet
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ECONOMY // FINANCIAL FLOW
Real Estate

Beresheet Hotel Sues Local Council Over Arnona Rates During Evacuee Hosting

Beresheet Hotel in Mitzpe Ramon has sued the local council, demanding residential property tax rates instead of luxury hotel tariffs for sheltering October 7 evacuees.

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