Dollar surges to NIS 3.17: Seven-month high against shekel
US currency wipes out nearly all shekel gains since beginning of year, trading at highest level since March.
Banking & Finance
Starts today – ends tomorrow: Google’s major shopping event kicks off
Binance: Hackers used fake job interview, AI tool to gain access to computers, steal $6.3 billion
Investors turn to 'Big Short' strategies as AI stocks tumble, fears of a market crash rise - report
Fitch warns: Political deadlock threatens Israel's credit rating
The international rating agency warns that the lack of a majority to form a government will lead to the dissolution of the Knesset and repeat elections in April.
Everyone expected a political shift, but the market got a surprise
Deadlock heightened uncertainty, strengthening the dollar and slowing stocks. An economic "New Deal" is urgent, because when the economy stalls, the average citizen pays big time.
Binance replenishes 90% of assets stolen in security incident
The exchange said it remained on track to resume withdrawal services on Sunday, November 1, within its previously stated timeframe.
Your Investments: What Abraham can teach investors about diversification and building wealth
Avraham isn’t simply to model righteousness himself; he is charged with ensuring that his household and descendants preserve a way, a structured path of ethics, justice, and moral service.
Your Taxes: How tax insurance helps businesses and investors manage risk
Tax insurance provides a practical potential solution. It helps businesses and investors manage specific tax risks by providing financial protection if a covered tax issue is challenged.
Debts of about NIS 50 million: KFC Israel in insolvency
Smart Service K & K, which operates the chain's branches in Israel, reports heavy debts and attributes the distress to the events of October 7 and the security escalation.
The major blow after the elections: The wave of price hikes on the way to the shelves
While politicians talk about security, the food giants are planning the next wave of price hikes – and it is time for the public to wake up.
Bigger fines are only part of Australia’s new consumer-protection push
Australia is strengthening consumer protections with higher fines, direct enforcement and proposed changes to how telecom companies sell and cancel services.
Bank of Jerusalem stock fails to recover from Yahalomi disappearance saga
Social media rumors of embezzlement panicked investors, but even after it became clear no crime was committed, the stock remained behind. What are the reasons for its performance?
Israel's tech scene warms to crypto payments
From blockchain expertise to evolving regulations, Israel’s tech ecosystem is helping normalize crypto payments, including for online poker and digital entertainment.
