Money

Shva data for July points to a 5.8% surge in charge card spending compared to last year, reaching NIS 54.857 billion. Meanwhile, cash withdrawals from ATMs climbed to a record NIS 6.057 billion.

Strong AI-driven earnings from Amazon and Microsoft boost investor confidence, pushing major US stock indices closer to record highs.

Trump has reportedly repeatedly called Federal Reserve Chair Kevin Warsh for advice on Iran, AI, and the economy, raising concerns about the central bank’s political independence.

Study comparing employment costs across 13 US, European, and Israeli cities finds Tel Aviv ranking second only to San San Francisco.

In a regular school month, child-related expenses reach about NIS 8,600; in August, they can climb to roughly NIS 17,300.

A fast, automated attack wave reconstructed weak keys and drained more than 1,367 Bitcoins. The transactions look completely legitimate, but for the victims, it is an $88 million blow.

Aside from helping Japan as a ally in Asia, the intervention would help the US address concerns over extraordinary weakness in the yen that offsets the boost from Trump's tariffs, analysts say.

Financial pressure is causing masses of Israelis to tap into their savings, but the future damage could be irreversible. The Capital Market Authority is trying to save you from yourself.

According to the updated Big Mac Index by The Economist, Israel has climbed to second place in the world for the price of a Big Mac meal ($7.67), trailing only Switzerland.

Israel has invested over the years in irrelevant technology. The current megalomaniacal project, the light rail, will quickly turn into a failure that will cost us hundreds of billions.