Finance
Why Americans save for retirement but put off writing a will
While retirement savings often build automatically, many Americans delay writing a will or granting financial authority, leaving important decisions about their assets unresolved.
Insurance Report: 17,000 inquiries annually, NIS 21.5m. returned to the public
JPMorgan Chase Bank subsidiary discriminated against conservative customers, US investigation finds
Your Investments: Building your Ark before retirement’s storm
NIS 25.4 billion deposited in Savings for Every Child - but parental involvement is lacking
A NII report reveals: 84% of active savings are currently managed in provident funds. However, only about 63% of parents choose to double the monthly savings from the child allowance.
War profits: El Al doubles profit and Bezeq jumps 38%
Despite war and a weak dollar, El Al doubled profit to $132m with a $1.4b order backlog. Bezeq profit jumped 38% and will distribute NIS 515m.
Bank Hapoalim to open free financial education complex for children at Tel Aviv Port
The temporary “Junior City” complex will let children ages 5-13 earn simulated salaries, shop with a budget, and learn about financial decision-making through games and activities.
Your Investments: Giving should be part of your financial plan, not an afterthought
Many people want to give more but never budget for it. Treating tzedakah as a fixed expense can turn good intentions into lasting generosity and better financial habits.
Strong tech earnings lift major US indices
Strong AI-driven earnings from Amazon and Microsoft boost investor confidence, pushing major US stock indices closer to record highs.
Palo Alto Networks starts trading on Tel Aviv Stock Exchange's top indices with NIS 800m. move
The cybersecurity giant's addition to the TA-35 and TA-125 is expected to generate NIS 800 million in ETF demand and deepen its Israeli presence here.
Mizrahi-Tefahot Bank enters waste disposal sector with NIS 99M investment
Mizrahi-Tefahot Bank continues non-banking investments, allocating NIS 99M to a firm operating in waste collection, sorting, and landfill operation.
Iraq struggles to pay public salaries as Strait of Hormuz crisis deepens
Iraq’s oil exports plunged from 100 million barrels in February to around 32 million in May and June, according to figures shown to The National by the country’s Oil Ministry.
Michael J Sacks on the connection between business growth and community investment
How Michael J. Sacks built a career around long-term investment strategies, strategic leadership, and a commitment to creating lasting value beyond financial returns.
Knesset panel approves budget transfer of NIS 270 million to haredi education during recess
The committee approved a total of approximately NIS 1 billion in budget allocations for the Education Ministry, the Settlement and National Missions Ministry, and the Religious Services Ministry.
