Economy

Rami Levy shocks the market: the product found in every home for only 399.90 shekels
The Rami Levy chain continues to surprise with home and garden products that won't break the bank. A comfortable recliner chair for the living room for only 399.90 shekels, a huge trash can on legs, and news for meat lovers | All the details on the new promotions

Healthcare giant in economic collapse: massive debts and anxious clients
Garden County Health Services in the USA has filed for bankruptcy following financial difficulties. CEO Sam Pennington reassured that medical services will continue without interruption.

Victory chain celebrates: 150% jump in profits and dividends for investors
The supermarket chain concludes the first half of 2026 with a 150% jump in net profit and reveals the new and surprising growth engine that includes the sale of iPhones and electrical appliances.

Novolog reports mark end of an era: slight revenue growth, low profitability amid financing costs
Novolog released its Q2 2026 results following a management overhaul and the consolidation of the Pozis family's control. Net profit dropped to 541,000 shekels from 4.6 million shekels in the same quarter last year, driven by higher financing expenses.

Following the signing of the agreement with Shikun & Binui: Generation presents an increase in profits and value
Investment fund Generation Capital concluded the second quarter of 2026 with a pre-tax profit of 826 million shekels. Cumulative profit for the first half of the year reached 1.05 billion shekels.

Best in unusual announcement: Owners mistakenly took about 1 million shekels from the company - and returned it
The real estate group Best, which went public last June, announced an investigation due to concerns about financial irregularities in a subsidiary. According to the announcement, while the company was private, the controlling shareholders and a relative took — they claim by mistake — a sum of up to 1 million shekels from the subsidiary's funds without required approvals. Upon discovery, the amount...

After the deal with Abu was cancelled: G City to sell assets for 6.1 billion shekels
Income-producing real estate company G City is planning to sell assets in Europe, the USA, and Brazil to reduce its high debt levels. The strengthening of the shekel and asset divestments impacted the company's second-quarter financial results.

Yochananof reports profit decline to 50 million shekels and a major real estate move
The chain managed by Eitan Yochananof recorded a 1.9% revenue decline and a 1.6% decrease in same-store sales in the second quarter, largely due to technical factors including the timing of Passover and the cessation of Zol Stock consolidation. Simultaneously, the board approved the spin-off of real estate assets worth approximately one billion shekels.

Dramatic intervention in the USA: Dollar plunges to multi-month low
Following an emergency move by the US Treasury in the bond market, the US currency is losing ground rapidly. How will this extreme step affect interest rates and what will the Federal Reserve do now?

Waking up to Wall Street: The dramatic change awaiting investors in Israel
Starting in December, Nasdaq is set to launch a new night trading session, keeping the US stock market open almost around the clock. US stocks will be tradable nearly 24 hours a day, subject to broker access. This move is a direct response to the crypto world and a global market that no longer waits for Wall Street's traditional opening hours.

Urgent recall for popular frozen product: "Foreign object found, for public safety"
Top Chef Ltd. announces a voluntary recall of corn star packages from the "Chef HaTeva" brand. The reason: a consumer reported finding a metallic foreign object in the package - all the details you need to know.

Shikun & Binui's operating profit fell by 69%, but net profit jumped by 70%
A decrease in apartment deliveries in Europe and the weakening of the dollar led to a decline in Shikun & Binui's revenues to 2.3 billion shekels in the second quarter and a plunge in operating profit. Despite this, net profit jumped by 70% to 241 million shekels thanks to a significant tax benefit, and the contracting backlog reached a record 18.5 billion shekels.

Trading services and options management boosted IBI's profit
The market boom and growth in core activities boosted the investment house's profits by approximately 76% in the second quarter to about 65 million shekels. The group's revenues, managed by Dave Lubetzky, jumped by 37% to about 479 million shekels, led by capital and trading services activities. IBI shares have completed a jump of almost 80% over the past year to a value of about 6 billion...

Cheers! Your wine is 270% more expensive
Why does an affordable French wine costing 5.5 euros sell for 70 shekels in Israel? We traced the bottle's journey from the winery to the shelf and uncovered how logistics, taxes, and bureaucracy drive up the final price.

Five things to know ahead of the trading day opening
Trading in Tel Aviv will open against the backdrop of gains in Asia and a tailwind from Wall Street; dual-listed stocks will have a slight impact. The US Treasury's move calmed the bond market, but UBS recommends sticking to the short end. The rift in the Fed is deep, and Bank of America estimates: 3 more interest rate hikes this year. The reporting season in Tel Aviv is shifting gears: Altschuler...

National Insurance Institute to Distribute Child Allowances Today
The government agency is transferring monthly child allowances to assist with upbringing expenses, alongside regular deposits into a savings plan and special grants that can reach hundreds of shekels depending on the children's age.
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Unusual warning for investors in Israel: on the way to a painful blow to the housing and stock market
Central banks around the world are fleeing from American debt and yields are hitting multi-decade highs. Psagot analyzes the direct impact on the local bond and mortgage market and recommends how to act.

Economists reveal for the first time: 6 questions that will determine where your money is going
Lombard Odier's investment managers analyze the AI turmoil, the surprising job losses in the US, and the dramatic intervention in the foreign exchange market for the first time in 26 years, and identify recommended investment avenues.

Tailwind from Wall Street: Chip giants boost Asian stock exchanges
Globes presents the first update on the state of global markets. This morning: US Treasury measures support bonds and stocks against the backdrop of Trump's threats against Iran. Chip giants boost Asia, a green opening is expected on Wall Street. Fiscal pressure threatens the dollar. Also: JPMorgan recommends the communications sector.

Frozen gourmet food: The surprising food company founded by former Tnuva executives
The company "Food Good 18", founded by former executives from Tnuva and the food industry, is officially launching operations in the field of "frozen fine dining" — frozen gourmet food. Among the owners are Reuven Schlissel, Eyal Malis, and Avinoam Bar-Mocha. The product line includes frozen ramen, handmade Vietnamese nems, and meat stocks under the "Stock Factory" brand.

Stabilization in the foreign exchange market: the dollar is trading below 2.98 shekels
The foreign exchange market is stabilizing following yesterday's sharp decline in the dollar. This morning, the dollar is trading unchanged at below 2.98 shekels, while the euro is up 0.2%.
You saw a 50% return and switched funds: the psychological mistake that leaves you with crumbs
In the new episode of "Not Only for Millionaires," Daniel Shebaks and Yaron Daigi analyze why investors who choose the top-performing funds earn less than the average, and explain how psychology and age-dependent models hurt returns over time.

The battle for prime land in Jerusalem: request to stop its sale rejected
The Jerusalem District Court rejected a request by a group of investors to prevent the Greek Orthodox Patriarchate from selling land in the center of Jerusalem. The Supreme Court subsequently rejected the appeal.

Despite regulator opposition, Shapir deepens its hold on the Ashdod oil refinery with a 3-year consulting agreement
The Ashdod oil refinery's board of directors has extended its consulting agreement with Shapir for three years, until August 2029, despite the Concentration Committee's recommendation against Shapir gaining control over the refinery.

Money to the Treasury: State winnings in civil cases jumped by hundreds of percent in 2025
In 2025, state winnings from civil lawsuits reached a record 1.5 billion shekels. This result was driven by the Civil Enforcement Unit's shift toward a proactive strategy to protect public resources.

The battle for prime land in Jerusalem: request to stop its sale rejected
The Jerusalem District Court, followed by the Supreme Court, rejected a request by a group of investors to prevent the Greek Orthodox Patriarchate from selling a land plot in the city center.

"Without a reform, there will be no crypto industry left in Israel"
Nir Hirshman, CEO of the Crypto Companies Forum, warns that Israel needs a comprehensive regulatory reform. He argues that without removing barriers, the country risks losing the industry and billions of shekels in GDP.

From Intel to Nvidia: The Israeli economy is once again betting on a single tech giant
The growth data published this week highlighted Israel's dependence on the chip giant Nvidia. However, unlike the past, when Intel was the dominant company in the local industry, this time it is a new type of risk: production is carried out abroad and the products do not pass through Israel at all. And also: is the chip giant on its way to receiving state benefits?

Commercial and office giants have expanded into the residential sector. Has it paid off for them?
In search of new growth engines, Azrieli and Melisron are becoming dominant residential developers. Sales and the backlog are growing, but the industry warns that it is too early to determine if the move will yield the desired return.

"I am not looking for shortcuts and quick money": The young investor who made 100% in five years
Omer Idel joined the army with a negative bank balance due to family turmoil. This pushed him to start businesses, and he invested the profits from them (a million shekels by age 24) into the capital market. He always looks at the long term, prefers indices, and believes in "letting money work for you."

Two car importers, opposite sales figures and one brand that made all the difference
The rush of Israelis for Chinese cars is reaching the importers' reports. Carasso, with the help of the Chery brand, increased its market share to a record of about 15.3%. Delek Automotive, on the other hand, an importer of Mazda that once dominated the roads, is at a record low of 3%. And how much did the importers earn on each car sold?

Bond yields at multi-year highs: How you can profit
Government bonds are breaking yield records around the world. Is the figure reflecting rising risks in the markets also an investment opportunity for bond enthusiasts? Experts estimate that the high yields are "changing investor considerations," but warn: "there are no free lunches."

Osher Ad crashes prices and surprises the market: must-have item for only 179 shekels
Your shopping cart is about to change: the well-known food chain has started offering a distinct Jewish item that you would not expect to find alongside regular household deals, and this is its surprising price.

Drama on Wall Street: Liquidation of giant positions worth a billion dollars
An exceptionally stormy trading day ended in the US with a sharp turn in the bond market, an unusual jump in Bitcoin that led to a quick short squeeze, and dramatic news in a cancer vaccine trial.

US national debt doubled in about a decade and crossed the $40 trillion mark
The US government debt has reached $40.05 trillion, doubling over the past decade. The US Treasury Department announced the milestone 4.5 years after the debt crossed the $30 trillion threshold.

New destination: The Asian country to which Israel will export citrus fruits
The Ministry of Agriculture has completed the process with authorities in Cambodia, and starting from the upcoming export season, Israeli farmers will be able to market citrus fruits there. The Citrus Growers Organization estimates the potential at approximately 10,000 tons per year.

Moderna recorded the sharpest stock increase in the S&P 500 index since 2008
Breaking an 18-year record: The success of clinical trials combining mRNA technology in the fight against cancer has led to an unprecedented surge in Moderna's stock. According to The Wall Street Journal, the company recorded the sharpest daily increase of any S&P 500 firm since 2008.

Oded Pozis completes the revolution at Novolog: CEO and CFO to step down
Novolog CEO Aviad Bosi and CFO Yaniv Vidavsky will leave their positions in four months. The departure follows the Pozis family's move to secure a 44% controlling stake and replace the board of directors. Oded Pozis is expected to spearhead a new strategic plan for the company.

Madness in the crypto market: Bitcoin jumped by $4,000 in 20 minutes
What caused Bitcoin to break the $69,000 mark almost instantly, and what move by the US Treasury Department reignited the appetite for risk assets?

Rami Levy expands market presence: 25 new branches planned
Rami Levy Shivuk Hashikma has released its financial results for the first half of 2026, outlining a major growth strategy that includes the deployment of dozens of new urban branches and new business drivers.