Economy

Despite growth in the industry, a wave of collapses is hitting sleep retailers in the US. Now, the low-cost chain No Bull Mattress is joining Chapter 11 proceedings after accumulating debts of about $2.8 million.

Reusing frying oil saves money, but improper handling can create toxins and harm your health. We explore how many times it is safe to use the same oil, the difference between frying schnitzel and chips, a simple trick to clean residue, and when it is mandatory to discard it.

After his salary terms were updated, and the chairman of I.H. Damri will earn up to 8 million shekels per year, he continues to increase his stake in the company. What is the reason for this move and what is his percentage of holdings today?

Ahead of the September 1st decision, amid geopolitical and budgetary risks, Harel experts assess the likelihood of an interest rate cut in Israel while analyzing global economic trends.

The rise in US bond yields is worrying investors, but UBS bank presents a positive outlook for stocks and identifies the safest investment channels for the near term.

This week, the National Insurance Institute will finalize benefit distributions for August to hundreds of thousands of eligible Israelis. Find out which payments are expected this Friday and how the average benefit amount has changed.

An investigation reveals serious chaos in parking enforcement via municipal cameras and an alarming surge in their numbers. These are the mandatory conditions without which the fine you received may be immediately cancelled.

Deputy Chairman of the Mortgage Consultants Association, Avi Yusufov, explains what is behind the drop in the number of delinquencies and talks about the wave of refinancing sweeping the market: "More households have consolidated existing loans."

A dramatic review by the investment house Julius Baer presents a shake-up in global markets with updated forecasts for precious metals and a shift in the dollar-euro exchange rate outlook.

Despite a slight decrease in revenue in the first half of the year, the company shows a dramatic improvement in profitability indicators and reports exceptionally high liquidity of tens of millions of shekels in cash.

In September of this year, students are expected to have only 14 school days due to the Tishrei holidays. Purchasing single tickets will save 30% for students who study on Fridays and 40% for those who do not study on Fridays.

A trend reversal in the foreign exchange market: after yesterday's strengthening of the shekel, the dollar is rising by 0.3%, trading above 2.97 shekels.

Timberland founders Sidney and Judith Swartz have purchased an apartment in Jerusalem's Mishkenot HaTeatron complex for 48 million shekels. This transaction marks the highest price paid for an apartment in the city this year.

The Jerusalem District Court has rejected a lawsuit filed by a public housing tenant seeking to purchase his home through a combination deal with a private developer. The court upheld the Ministry of Construction and Amidar's position, citing the need to prevent the commercialization of public housing rights.

Following recent turmoil at Ben Gurion Airport, the Treasury is pushing to shift operations to a franchise model. The ministry aims to curb union influence and improve service efficiency by rejecting demands for additional permanent staff.

While the residential real estate sector is suffering from a slowdown, infrastructure companies are seeing growth driven by expectations of massive investments in the Metro project, estimated at 180–200 billion shekels.

In recent months, the Competition Authority has increased proactive inspections against official importers as part of a struggle to reduce harm to parallel imports. The move is based on an amendment to the law that came into effect about three years ago. At this stage, in the absence of data, it is unclear whether the enforcement is actually affecting price reductions.

The food sector was one of the hottest on the stock market this year with a wave of IPOs and even an industry index. However, in recent months the trend seems to have faded, sector stocks are plunging by tens of percent, and Globes has learned that the IPO planned for Kiso is being delayed again. Is the decline actually an investment opportunity?

The discount chain surprises with an unusual promotion on a popular kitchen appliance, while at competitors and price comparison sites you would pay almost double for it. Here are the details of the deal that is drawing shoppers' attention.

Did you open the dishwasher and discover that the dishes are still dirty? Here are the mistakes we make in the kitchen - from the placement of the cleaning tablet to the biggest myth about rinsing plates.

The Target chain stopped selling the "Circus Clown" costume after social media users criticized it, claiming it resembles racist caricatures. Target stated: "We are deeply sorry. The costume is offensive and should not have been sold at all."

Israel's largest pharmacy chain is launching a series of discounts and coupons on laundry, food, and baby products, with special prices valid until mid-September or while supplies last.

Haifa Municipality has unveiled an ambitious vision with an investment of up to 4 billion shekels, aiming to transform the city's entrance into a major tourist and economic hub, despite potential environmental and budgetary hurdles.

The chain is launching its Rosh Hashanah sales early with a special brochure featuring hundreds of deals, including discounts on meat, fish, oil, honey, tuna, and other staple products.

The Fattal hotel chain notes in its financial reports that it expects to open 41 additional hotels by 2030, with an investment of approximately 1.1 billion shekels. The company estimates that the new hotels will add about 300 million shekels to the annual EBITDA.

The gap between participating in the Europa League and the Champions League stands at about ten million euros, even before bonuses for results. Even in the secondary competition, tough rivals may await them.

The company recorded an increase of about 17% in net profit in the second quarter, alongside significant growth in EBITDA and EBITDAR excluding exchange rate effects. However, revenues in shekels decreased due to currency effects and the security situation; the company expects revenues of 7.8–8.1 billion shekels in 2026.

Bitcoin surged to over $79,000 within a few days, crypto stocks soared, and short sellers were forced to buy back positions worth billions. There is no single factor behind the move: a change in US Treasury policy sparked the gains, the liquidation of shorts accelerated them, and Trump and institutional money provided the fuel for the continuation.

First publication: Zion Baruch, Shalom Michaelshvili, and Asi Israelof are currently in Italy, where they will celebrate this evening ahead of the wedding of their good friend Omer Adam and his fiancée Sasha Israelovich. While they are overseas, their next business move in Israel has been revealed.

A severe technical malfunction is paralyzing the popular delivery system in Israel and around the world. Couriers are furious over the sudden shutdown of the central algorithm, and restaurants are left helpless before silent screens.

Nigeria's NIGCOMSAT is set to purchase two communications satellites from IAI and Thales. The total value of the deals is estimated to reach approximately $2 billion.

Users of the Wolt app were unable to place new orders due to a global technical malfunction. After about an hour, the company announced that the issue had been resolved, though some delivery area restrictions remain.

The US Treasury's move regarding the bond market has ignited a historic rally in the currency. For the first time in six months, Bitcoin is beating both gold and the S&P 500 index. What is driving the surge, and why do experts think this time is different?

The Ministry of Defense has demanded 30 million shekels in compensation from drone manufacturer Aerodrome for failing to meet tender conditions. The ministry has expressed willingness to negotiate to avoid a legal battle.

A 30% cut in Qatar's annual budget may be just the beginning of the emirate's struggle with the fallout of the war. The country may reduce its global investments, including a half-trillion-dollar commitment to the USA, as well as cancel trade contracts due to "force majeure."

A particularly volatile trading day closed with gains in the leading indices, as one share recorded an exceptional jump and left the rest of the market behind. Who are the day's biggest losers?

The Yuvalim Group has notified the stock exchange of a "demand letter" from Avishai Neria regarding alleged losses in joint ventures. Yuvalim dismissed the claims as baseless, attributing them to Neria's own financial difficulties.

The issue of tipping in US restaurants has become a major topic of debate. With digital tipping options reaching 18–22%, more establishments are moving toward a "no-tip" model, incorporating service costs directly into menu prices.

In its first report since the IPO, Cando Drones shows a doubling of revenue and improved gross margins. While the auditor has removed the "going concern" note, the company continues to operate with a net loss and an accumulated deficit of 27.9 million shekels.

Budget sent a message to customers warning of service and supply issues with Chery vehicles imported by Frisbee. Following a Calcalist inquiry, the leasing company announced that joint efforts have led to significant improvements.