Economy

The Central District Court in Lod approved a class action settlement with Menora Mivtachim Insurance regarding rejected acute heart attack insurance claims, granting eligible policyholders 90% compensation.

Getty Images plans to file for Chapter 11 bankruptcy and go private following the collapse of its Shutterstock merger, saddled by 2.1 billion dollars in debt and AI competition.

U.S. September 2026 CPI data set for release points to a potential inflation acceleration to 3.7%, pressuring the Federal Reserve ahead of its upcoming rate decision.

AI pioneer Character.AI has filed for Chapter 11 bankruptcy in the US and agreed to sell assets to Disney for $20 million, marking a dramatic fall for a firm once valued in the billions.

The Tel Aviv District Committee approved a major urban renewal project in Bnei Brak, converting an industrial zone into 198 apartments, commercial spaces, and public buildings amid rising property values.

Mayors of Negev cities urge Prime Minister Benjamin Netanyahu to approve Rotem Amfert's waste storage plans, warning that thousands of regional jobs hang in the balance.

Dating app Bumble is in advanced talks to be acquired by Ithaca Holdings in a deal valuing the firm at $1 billion. Shares surged 50% following the report amid slowing industry growth and declining paying users.

Gloves presents a new analysis column focusing on Israeli mid-cap stocks, starting with Lahav LR. Transitioning from German real estate to an energy and retail conglomerate, Lahav showcases strong financials and a clear value creation model.

Mortgage volumes in Israel reached 10.9 billion shekels in August driven by a surge in refinancing amid falling interest rates. First International Bank offers the lowest average rates.

Bitwise is shutting down its Dogecoin ETF, traded under ticker BWOW, after failing to attract meaningful demand and managing just $726,000 in assets by October 2026.

A recent survey shows that young Israelis are increasingly bypassing traditional university degrees for high-tech careers, prioritizing practical experience and artificial intelligence proficiency.

Rotem Sela's new liposomal supplement brand, Better, achieved an immediate sell-out following its launch with an 8 million shekel investment, cementing her business success alongside high-profile endorsements.

Psagot Investment House expects the Bank of Israel to hold interest rates steady at its next meeting, awaiting post-election fiscal clarity despite moderating wage growth and rising consumer spending.

Tor Group opens Israel's largest LEGO store in Petah Tikva, spanning 200 square meters. The launch offers a unique chance for citizens to honor the final wish of fallen soldier Staff Sergeant Neta Baram.

Abu Family Residences acquired 50 apartments in Netanya from Azorim for 120 million shekels, marking its third major rental housing deal this year.

Mickey Federman's Dan Hotels expands globally as The Den Bengaluru joins Hilton's luxury LXR collection, marking the brand's debut in India alongside steady revenue growth.

Israel's catering industry faces severe economic strain over three years after October 7, 2023, battling surging operational costs, canceled corporate events, and strict bank credit restrictions.

Bank Hapoalim released a market review highlighting tech sector resilience driven by AI investments, contrasted with rising bond yields and economic pressures in global and local markets.

A viral photo of a Walmart employee celebrating 44 years of service with a simple bouquet of flowers sparked online outrage, highlighting decades of changes in corporate retirement benefits and worker appreciation.

Explore how the Israeli 'Savings for Every Child' program works in 2026, comparing bank accounts and provident funds to maximize long-term financial returns.

The US dollar edges up against the shekel as global currencies fluctuate. Analysts attribute local currency strength to institutional hedging flows despite expectations of an upcoming interest rate cut.

OpenWeb's temporary trustee has asked the Tel Aviv court to stop Liquidity Capital from seizing funds, warning it threatens the tech firm's survival as investors weigh a rescue.

Asian tech stocks plunged sharply following Wall Street losses and renewed competition from Chinese chipmaker CXMT. SK Hynix fell 9% and Samsung lost 8%, while South Korea triggered a trading sidecar as markets awaited key US bank earnings.

UVision's upcoming US IPO, led by JPMorgan and controlled by Aaron Frenkel, faces delays and valuation hurdles amid a broader slump in defense stock valuations.

The IMF has raised Israel's 2026 growth forecast to 4.5%, while lowering projected inflation to 1.8%, as global markets grapple with energy shocks and rising public debt.

Tech firm Bird slashed its workforce from 1,000 to 120 employees, driven by AI automation and restructuring under CEO Robert Vis, while reporting robust financial results.

A Julius Baer analysis reveals growing financial risks and widening yield spreads among major cloud companies as capital expenditures outpace cash flow in the AI race.

A massive wave of corporate relocations to ultra-modern towers in Israel is leaving vacant spaces in older office buildings, creating new market challenges.

Menora Mivtachim investment manager Oren Montal advises long-term investors to avoid market timing despite recent sharp gains, recommending a diversified general portfolio with high dollar yields and foreign currency hedging.

Israel's 182.5 billion shekel Gush Dan Metro project has accumulated 2.8 billion shekels, with the newly introduced metro tax yielding just 45 million shekels so far amid warnings of funding gaps.

Department store chain Hamashbir 365 struggles with declining revenues and a 50% stock drop, betting its future on an international partnership with Kenneth Cole.

Tsadok Bino marks his birthday, reflecting on a journey from an Iraqi immigrant in a transit camp to a billionaire banking tycoon controlling the First International Bank of Israel.

Property prices in Tel Aviv have fallen below 50,000 shekels per square meter, offering relief to buyers through contractor discounts and lower mortgage costs as the market corrects.

U.S. bond yields hit 24-year highs as markets brace for key inflation data and Federal Reserve policy updates amid ongoing geopolitical and trade tensions.

Supermarket chain Victory offers the Braun PureEase FP3131 food processor for 199 NIS, saving consumers up to 43% compared to standard market prices ranging from 278 NIS to 349 NIS.

Wall Street closed mixed on Monday as semiconductor stocks slumped amid new Chinese competition, while energy shares hit record highs. Investors now eye major bank earnings.

McDonald's stock has plunged over 30% from its March peak amid weakening US sales and rising costs. Despite an $8.5 billion investment plan, investors remain cautious ahead of the upcoming earnings report.

Arkia passengers stranded in Athens after a last-minute flight schedule change faced unexpected costs. The airline promised full ticket reimbursements.

Israeli investment house Pasternak Gilboa reports soaring global bond yields alongside record-breaking US stock markets driven by tech and AI, contrasted by a slumping Tel Aviv exchange.

Entrepreneur Alon Gonen shared an Instagram roadmap showing how investing 1,000 shekels monthly from age 18 can yield one million shekels via compound interest.