Economy

The monthly allowance from the government agency will soon be deposited into the bank accounts of eligible parents, with amounts determined by the child's birth order, alongside the option to increase monthly savings.

The American banking giant JPMorgan Chase has ceased direct banking services for the prediction platform Polymarket amid regulatory concerns. All the details.

Globes presents the first update on the state of markets around the world. This morning: the escalation between the US and Iran is dragging down Asian stock exchanges. The yield on 30-year US government bonds climbed yesterday to a high of nearly two decades. Oil prices continue to climb, with Brent crude trading above $90 a barrel.

New data reveals which neighborhoods are seeing a decline in rental prices for 3-room apartments. Where can you find apartments below the average price, and how is it that apartments with a rent of 2,600 shekels are being rented out for even lower amounts?

Leon Cooperman is considered one of the most pessimistic investors on Wall Street, and he has returned with a new warning. According to him, the US is in danger of a recession, and inflation could return the economy to the crisis of the 70s.

Employment data from the Central Bureau of Statistics and the Employment Service indicate that the country has returned to a 'war routine.' This hinders growth and the entry of young people into the labor market, causing long-term economic damage.

Fisher Brothers, co-owned by American attorney Martin Edelman, a close associate of the US President, will attempt to raise $100 million in a bond issuance, despite recent failures of foreign real estate companies in Tel Aviv.

The cost of living, life expectancy, and pension gaps are driving many Israelis to remain in the labor market beyond age 65. Analysis of Hilan's data reveals significant gender gaps favoring men, strong loyalty to existing employers, and distinct sectoral trends for older workers.

After a missile strike damaged a Tel Aviv building, residents faced bureaucratic chaos. Lawyers successfully resolved the conflict between renovation compensation and the TAMA 38/2 demolition plans.

The Sky investment fund is exploring options to exit its stake in Icon Group, the parent company of the iDigital chain. Management has held meetings with potential buyers, valuing the company at over 500 million shekels.

G City CEO Chaim Katzman plans to spin off assets into a new subsidiary, 'Naga Commercial Properties,' distributing shares to existing investors. While intended to reduce debt, market analysts warn of significant risks and high leverage.

Demand for juniors in high-tech has shrunk, many young people remain outside the labor market, and about a quarter of a million workers have simply "disappeared". The average wage in the economy has indeed risen by 7%, but in practice, it is barely felt in the pocket. Why is this happening, and how much has the war affected the data?

The Ministry of Agriculture has reversed its decision to allow Baladi to import chicken from Brazil just six months after approval. This is a major financial blow to the company and leaves consumers facing persistently high prices, which have risen by 30% over the last five years.

Eyal Shina, VP of Investments at Pasternak-Shaham, identifies unique optimistic prospects in the Israeli market. He recommends maximum exposure to the shekel and flags the defense sector as an attractive opportunity following recent price declines.

The banks filed an appeal to the Competition Tribunal against the Commissioner's decision to declare them a concentrated group, as well as against the directives set in the field of deposits. Industry experts estimate that the legal process could last up to two years. What will happen in the interim period until a decision is reached, and what are the chances of the decision being overturned?

The chain is offering two deals on home cleaning appliances with a price difference of hundreds of shekels, prompting consumers to carefully consider their specific needs before purchasing.

The beloved sports brand is trading at its lowest level since 2014 amid fierce competition and sharp criticism from J.P. Morgan, while Wall Street remains in the red.

Fitness chain Space is launching a new branch in Netanya with an investment of approximately 8 million shekels. The 2,000-square-meter club features a women-only area, a Booty Zone, and a studio offering dozens of weekly classes.

The Electricity Authority's move to halt new data center grid connections due to massive energy demand has sparked a public clash with the National Economic Council in the Prime Minister's Office.

A South Florida yacht and boat dealer joins the industry's wave of bankruptcies. With 2.6 million dollars in debt, a sharp drop in revenue, and pending litigation, the firm has filed for creditor protection.

Economists at the Psagot investment house warn that the downward trend in inflation has been exhausted and forecast the Bank of Israel's next steps regarding interest rates.

No risky bets: Strong brands with a clear growth path can generate exceptional returns. The tech giant and the sportswear brand that are attracting the attention of analysts.

Mizrahi Tefahot Bank closed the second quarter of 2026 with a 1.7% decrease in net profit to 1.43 billion shekels. Moderating inflation and lower interest rates have curbed profit growth, while the bank's mortgage portfolio faces mounting risks.

As AI company valuations soar, concerns over environmental impact and lack of job creation have prompted US states to impose new taxes and construction bans on data centers.

Sales in Nike's same-store locations continue to decline - in the second quarter they fell by approximately 9.5%, following a sharp decline of 17.7% in the first quarter. Retailors noted that the impact on Nike sales was partially offset through the participation of global Nike in operating expenses as well as through benefits in purchasing terms.

The Rami Levy Shivuk Hashikma chain is running a series of extremely aggressive sales. From a sought-after children's scooter to professional hair dryers and straighteners at unprecedented low prices.

With massive debts of 17.3 billion reais, enormous losses, the closure of about 300 branches, and the firing of thousands of employees - retail giant Casas Bahia has reached the red line | All the details on the collapse shaking Brazil

Despite the drop in oil imports and severe damage to the Strait of Hormuz following the war in the Middle East, Beijing managed to add barrels to its national inventory. This is the strategic planning that calmed the markets and fears of the next price spike.

CBS data reveals that Israel's GDP growth, excluding production abroad, is only 1%. Over 90% of this offshore production is linked to Nvidia's operations.

The complex in Rishon LeZion will span approximately 1,500 square meters and will include, among other things, the Coffee Bar restaurant by Ruti Broudo, which will reopen, as well as an art museum. The Eretz Israel Museum is presenting a new exhibition by artist Neta Harari Navon. In the Port of Ashdod, a volunteer day was held at the logistics center of the 'Latet' organization. Events and...

The fast-fashion giant Shein is currently preparing for an initial public offering (IPO) in Hong Kong, but it may arrive with a price tag much lower than the one attached to it at its peak. According to a report by Reuters today (Monday), the company is expected to aim for a valuation of about 25 billion dollars, with another source pointing to a range of 25–28 billion dollars — compared to a...

Minister of Finance Bezalel Smotrich has appointed Benny Dreyfus, who recently resigned as CEO of Mifal HaPais, as the new chairman of the state-owned EAPC. He is set to assume the role in September.

The Brazilian competition authority has approved Strauss's acquisition of the food company from General Mills. Yoki is one of the most prominent food companies in Brazil, with annual sales estimated at approximately 1.2 billion shekels at the time of the deal's announcement in March.

The company Perot HaMoshav Ben Yosef has filed for a stay of proceedings after accumulating debts of approximately 7.3 million shekels. Operations have ceased and about 80 employees have been fired, following losses, the spoilage of 11 fruit containers, and legal disputes.

Government financing costs in several developed economies have hit their highest levels since the 2008 financial crisis. Investors fear that the Middle East crisis will sustain high inflation.

The Compensation Fund is opening the option to file claims for war damages and loss of wages, with the daily compensation amount potentially reaching hundreds of shekels for each absent employee.

Rebel Creamery has filed for bankruptcy protection after being ordered to pay $23.785 million to competitor Van Leeuwen for copying its packaging design.

Following growth data that surprised the economy for the better, the Ministry of Finance plans to update the debt-to-GDP ratio downwards by about 0.5%. However, the figure is still relatively high compared to the past.

The author of 'Rich Dad, Poor Dad' warns of the massive US debt approaching $40 trillion and identifies his preferred investment. With forecasts for gold at $10,000 and silver at $200 – here is the recommendation he published | All the details

Advocate Beni Dreyfuss, who announced his departure as CEO of Mifal HaPais yesterday, has been appointed Chairman of the Eilat-Ashkelon Pipeline Company (EAPC). He will assume the position on September 1, 2026.