S&P 500 closes at fresh record, recovering all losses since start of US-Iran war
The S&P settled at 7,022.95, up 0.8%, LSEG data showed, surpassing its previous closing high in January. It also hit a new intraday record of 7,026.24.
Business & Innovation
Dollar falls below three shekels for first time in over 30 years, annual inflation rate declines
US gaming company sues Israeli game developer who claims no connection to company's failure
US will not renew waiver on Iranian oil as it mounts pressure on Tehran, sources say
While dating swipes decrease, JWed.com Marriages increase to record 4,100!
IMF warns of potential global recession if Iran war worsens in latest economic outlook report
The report notes that the worst-case "severe scenario," which assumes an extended conflict and high oil prices, would lead the world into another recession.
BHI extends $88m bridge loan for Midtown Manhattan tower acquisition
Bank Hapoalim’s US arm said the financing will support Idan Ofer’s real estate arm and Metro Loft in the acquisition and conversion of 845 Third Avenue into a 529-unit rental property.
The new cyber threat: Fake CEOs and real consequences - opinion
The world has changed, and dealing with deepfake requires preparedness, not just sophistication.
Beyond a ceasefire, top IDF officer compromised- opinion
These operations blur the line between cyber and traditional warfare. While no physical damage may be immediately visible, the groundwork is being laid for potential future actions
Isracard, JFNA-backed fund says it has extended NIS 135m. in credit to war-hit small businesses
Bizi, Isracard’s business platform, said more than NIS 90 million has already been repaid into the revolving fund and redirected to additional borrowers across Israel.
Crisis contractor for OpenAI, Anthropic eyes a move to combat extremism
ThroughLine, a startup hired in recent years by ChatGPT owner OpenAI, is exploring ways to broaden its offer to include preventing violent extremism.
Shekel at 30-year strongest against dollar
Is the shekel going to make history and move below the NIS 3/$ threshold?
Bank Hapoalim’s US arm funds $203m Manhattan housing conversion
The 25-story building spans 221,357 square feet and is set to include 18,174 square feet of retail space as part of the redevelopment.
IMF warns Strait of Hormuz might never be back to normal
The IMF warned that the situation at Hormuz could be similar to the one in Bab-al-Mandeb, where shipping lanes haven’t yet recovered ever since the first Houthi attack.
