Economy

A sharp decline in boat sales and mounting debt have led the well-known Florida-based FB Marine Group to file for bankruptcy. The retailer, whose vessels have featured in international ad campaigns, reports debts of $2.6 million.

The shares of Israel's largest credit card company have lost about a third of their value since the beginning of 2026 and are trading below the price at which Yitzhak Tshuva's Delek Group acquired control. This week, the company is publishing its second-quarter reports. What is putting pressure on the stock, how are the Bank of Israel's interest rate cuts affecting it, and how much are Tshuva and...

Uncertainty arouses curiosity, heightens anticipation, and creates ideal content for social media. This is how major brands turn a simple purchase into an exciting event, but what happens when the surprise turns into disappointment?

Bank Hapoalim is launching 'Poalim Junior City,' a free interactive complex for children focused on financial education. The project, with investments estimated at millions of shekels, offers a unique experience where children can 'work' and manage their earnings.

The Lior Adika chain has launched a massive new branch at the Mivne Tel Hanan complex. With a multi-million investment, the store offers a vast selection of cosmetics, pharmacy items, and home goods to residents of Haifa, Nesher, and the Krayot.

A court in South Korea upheld an 18-month prison sentence for a former SK Hynix employee convicted of leaking trade secrets in the chip sector to a Chinese company.

After years of market dominance, the "Napoleon" brand is taking a significant step by launching its first product with less than 9% fat. The new item is now reaching retail chains across the country, following a star-studded launch event.

It is a common scenario: you find a product with two different prices. We explain which price you are legally entitled to pay.

The Senate Republican leader has initiated a decisive vote on the "Transparency Act," which proposes the first comprehensive federal rulebook for cryptocurrency regulation. The bill represents a significant policy and economic victory for the US President but is sparking a political storm and fierce opposition from the banking sector.

American restaurateur Nick Pihakis has filed for personal bankruptcy, involving assets worth $10.6 million against massive debts. Dozens of restaurants owned by his group have already closed, and the future of the brands remains unclear.

Following the collapse of the deal with Chaim Katzman, Ari Nadlan has reached an important milestone in the Orot Yitzhak power plant project. The land is estimated to be worth 1 to 1.5 billion shekels following its rezoning.

The US labor market saw a surprise job loss in July, easing concerns over interest rate hikes and driving a 5% weekly gain for the Nasdaq. In Tel Aviv, the focus shifts to earnings reports from major banks, alongside companies like Camtek, Elbit, and Strauss.

Alongside profit data and massive investments by SpaceX, a new report reveals the weakening of employment data in the US alongside interventions in foreign exchange trading that directly affected the American currency. The weighted growth rate of S&P 500 company profits climbed to 47.4% - the strongest trajectory since 2021.

American businessman Morris Wilner has purchased over 200,000 shares of Hachsharat HaYishuv for approximately 8.27 million shekels. In total, he has invested over 138 million shekels in the company within a short period, bringing his stake to 8.71%.

The National Insurance Institute has begun distributing grants and benefits. Due to the weekend, the payment schedule for several benefits has been adjusted, and reporting deadlines for employers have been extended. Additionally, the average benefit amount has been updated.

Ministry of Finance data indicates that multi-property owners are no longer purchasing apartments in high-demand areas, or even in Beersheba. They are moving to cities like Tiberias: "Even an 8% purchase tax does not deter them."

The battle for the biomed company Evogene is intensifying as Leon Recanati increases his stake to 6.5% with a $400,000 investment. Investors Kfir Zilberman and Ron Yair Peled, holding 16.7%, are pushing for a board overhaul.

Energy company Enlight is in advanced negotiations to acquire a European energy developer, primarily focused on the German market, in a deal valued at hundreds of millions of euros.

The Yakobi brothers, controlling shareholders of the Yakobi YSB group, are insisting on an upgrade to their compensation terms, but Adi Zim, a 16.5% shareholder, continues to block the move. Consequently, the executives are currently not receiving a salary.

The closure of Israeli airspace during combat operations exposed the economy's vulnerability in air cargo capacity. Cargo volumes plummeted, and the lack of a government emergency plan leaves the country dependent on private sector initiatives.

Residents and business owners in northern Israel are grappling with the aftermath of the ongoing conflict. A decline in domestic tourism, labor shortages, and delays in state compensation are pushing businesses to the brink of survival.

Discussions regarding the $4.2 billion sale of Zim to Germany's Hapag-Lloyd and the FIMI fund are gaining momentum, with current estimates suggesting the deal will not be approved.

After being laid off, many make the mistake of sending resumes indiscriminately. The story of development manager Mor Schlesinger proves that searching together with colleagues restores a sense of control and increases success rates.

A real discount on an apartment is not measured against the list price, but against the market price and the minimum price at which the developer is willing to sell. Checking similar transactions, financing benefits, and the buyer's bargaining power can help distinguish between a marketing promotion and a worthwhile deal.

History shows that after elections, the Tel Aviv Stock Exchange tends to rise, but political instability could change the picture. How important is the identity of the coalition, or is the capital market thirsting primarily for certainty? Experts map out the scenarios ahead of the trip to the polls and identify sectors that may profit. And also: why political opinions are a "recipe for losing...

The house, in the Neve Amal neighborhood, was built in the fifties and sold for 3.8 million shekels. Prices for new cottages in the neighborhood range between 6 and 7 million shekels.

From Ormat, through A. Dori, to Norstar and G City, the veteran businessman has experienced several confrontations and struggles over the last two decades, from which he often emerged battered. All this while the value of his life's work, the real estate company G City, continues to shrink. Following the collapse of the deal to sell control of the company to Tzahi Abu, the market wonders how much...

The nine players at the World Series of Poker final table collectively won $30.25 million. However, more than $12.2 million of that is expected to be paid out to tax authorities.

The chain is offering the smartwatch for children at an unprecedented price of less than eighty shekels, providing an effective solution that includes satellite tracking and video calls without the need for a mobile phone.

A well-known businessman close to the White House is now required to liquidate his businesses in a leading oil producer, following a dramatic decision by the U.S. Office of Foreign Assets Control.

The Tax Authority is promoting a smart system where businesses will transfer VAT to the state at the moment of payment, aiming to reduce bureaucracy and combat fictitious invoices. The move is expected to inject billions into public coffers. Meanwhile, the Treasury warns that VAT may rise to 19% in 2027.

Berkshire Hathaway's massive cash pile is starting to shrink, and Wall Street sees this as the first sign of change in the post-Warren Buffett era. The company ended the second quarter with $364.7 billion in cash and short-term government bonds, a 4% decrease compared to the previous quarter — the first decline in its cash reserves quarter-over-quarter in four years. The reason is not weakness in...

The digital currency market shows a positive trend with increases in all leading currencies. Ripple showed the highest jump, followed by Binance Coin. Ethereum and Bitcoin follow them in the growth index, and last are Tether USDt and USDC.

Giant investors like Ray Dalio, Jeffrey Gundlach, and Prof. Kenneth Rogoff believe that America has entered a critical phase at the end of which the government will struggle to finance its debt, the dollar's purchasing power will be cut, and its status as the dominant global power will be lost. There is a belief that the process could happen in just a few years. Why does the US have one of the...

Forbes live data reveals significant changes in the ranking of Israeli billionaires: Eyal Ofer takes the top spot after a surge in his net worth, while Miriam Adelson has lost ground and dropped to second place.

A new player has entered the stock exchange's fee comparison, and upon its first entry, it has changed the entire picture. While investment houses fight over every fraction of a percent, the veteran banks are still charging much more. Where are you on the map, and are you paying too much?

The CEO of the largest bank in the US points to a risk that is barely heard of: hidden loans that inflate the stock market and could turn a local shock into a wave of declines. Is it time to take a closer look at your portfolio?

The crypto market experienced a positive trend during the week, with the exception of Ripple, which fell by 3.42%. Bitcoin rose by 1.63%, its market cap stands at 1.30 trillion dollars, and it is trading at 64,958.7 dollars.

The BSR Group project in the east of the city looks a bit crowded, but it has large balconies. A deal where you can get a 66 sqm balcony for less than 4 million shekels is rare in Tel Aviv. And also: where was a semi-detached house sold in the city for 4.35 million shekels?

The housing shortage in Copenhagen has led authorities to create the artificial peninsula of Lynetteholm. By drying out shallow waters using soil from construction sites, the project aims to address the housing crisis while protecting the city from rising sea levels.