Money

Insurance companies' profits surged this quarter to NIS 2.85 Billion

Phoenix and Menora Mivtachim led a 20% Q2 profit surge to NIS 2.85B across Israel's top insurers, prompting raised business targets and major dividend payouts.

A record-breaking quarter for insurance: Profits soar to NIS 2.85 billion as market leaders double down on ambitious target growth.
Chery launches the Omoda 7.

Carasso Motors reports revenue surge to NIS 4.7B in H1 2026

Illustration: A succession order

Your Investments: Should everyone be equal in a will?

Ethereum Is the Biggest Gainer.

A wild day in crypto: Bitcoin surges as market forces take over


US national debt tops $40 trillion for first time, doubled under presidents Trump, Biden

The federal government's IOU has now more than doubled in less than a decade, from $19.95 trillion when US President Donald Trump was sworn in for the first time in January 2017.

The US Department of the Treasury Building in Washington, DC, US, July 11, 2026.

Doubled in one month: The trend shaking up the stock market

Tokenized stock holders doubled to 1.3 million as trading volume soared to billions, as crypto platforms race to disrupt Wall Street's old infrastructure.

Blockchain.

Leumi posts record Q2 profit of NIS 2.83 billion

Leumi was the only Israeli bank to boost half-year profits in 2026, reaching NIS 5.18 billion; FIBI board decides to merge computing unit MATAF amid labor dispute.

Bank Leumi.

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.

A father and son with a piggy bank

Quiet Shufersal moves raise question: Do store brands actually save consumers money?

While Carrefour builds a brand under its global name, Shufersal is quietly creating specialized house brands for each product category.

Dairy products in a supermarket

The black box: How is a footballer’s price tag really determined?

Has the transfer window spiraled out of control, or are the sums rooted in economic logic? A new study reveals data explaining 85% of price variance and why Israelis are worth less in Europe.

Nine-figure deals. Tonali against Anderson.

IDF urges Gaza residents to exchange old banknotes, prevent Hamas's financial exploitation

"Most of the old-issue banknotes have already been replaced with new ones some time ago. If any of you still possess those old banknotes, you face a serious financial risk," Waweya wrote.

Illustrative image warning residents of the Gaza Strip not to allow Hamas to deceive them in regards to the worth of old banknotes.

High-tech workers, doctors leaving: Emigration wave hits Israel’s top income decile

Emigration rate among wealthy population nearly doubled compared to previous years, Tax Authority estimates potential tax loss at roughly NIS 700M.

Ben Gurion Airport, May 17, 2026

July spending record: Daily average reached NIS 1.771 Billion

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.

Money bills

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.

The AI boom is no longer driven by promises - it is increasingly being driven by profits.