Dollar-shekel exchange rate reaches NIS 3.1 for first time since April's strengthening round
The shekel reported a 1% rise during the last 24 hours, according to data by the Bank of Israel, reaching its highest point since April.
Banking & Finance
Money waiting for you? The year-end tax guide for employees and self-employed
Study: Stock market falls as traders bet on no clear election winner
Fitch warns of the elections: 'Political instability will make reducing the deficit difficult'
Stock crashed: Company that concealed information from investors slapped with fine
Epitomee Medical fined NIS 1.85m for hiding data that ended a major Nestle deal, crashing its stock after misleading reports on clinical success.
Fewer candidates, more hired: What happened in the job market in August?
The Jobnet Index shows August resume submissions and new openings fell, yet hires jumped 14% as companies focused on candidates in the pipeline.
'Taxes will need to be raised': Bank of Israel Governor's bad news following rate cut
Bank of Israel Governor warns taxes must rise after rate cut; market reacts with gains on Tel Aviv Stock Exchange while business sector backs decision.
UK fines US-headquartered Citibank's London unit £4.7 million under Russia sanctions laws
The British government fined Citibank's CBNA London unit for breaching Russia-related sanctions laws, a notice confirmed on Wednesday.
Third consecutive cut: Bank of Israel lowers interest rates to 3.25%, following economic review
The Bank of Israel's Monetary Committee lowered the interest rate on Tuesday. The rate was previously lowered in July, when the BoI decided to cut the rate from 3.75% to 3.5%.
Crypto companies spend record $640 million buying back own tokens
Digital asset firms adopt a familiar traditional stock market tactic to combat the sector's prolonged slowdown, but despite massive investment, it is unclear if the market cares.
Near triple-digit profit: The insurance companies that saw success in Q2 2026
Major and smaller insurance companies reported excellent Q2 2026 results, driven by core business growth and strong underwriting performance.
Your Investments: What new olim can teach us about gratitude and entitlement
Say thank you when you receive good fortune and realize that there are no entitlements in life.
Your Taxes: Does Israel need to tax billionaires?
In practice, taxation is cat and mouse. New rules result in new tax planning techniques. It is unclear whether family members would each have a $100 million threshold.
Bitcoin roars back above $71,000 as crypto markets rally
Policy shifts, surging altcoins, and record ETF inflows: What’s driving Bitcoin’s surge past $71,000.
