Your Investments: Turning Rosh Hashanah reflection into financial action
The Jewish New Year reminds us to take stock of our actions. That same spirit of accountability can guide an annual review of our savings, spending, and investments.
Banking & Finance
Your Taxes: Israeli property flip ends with a costly VAT lesson
Israeli banks could be hit: Major concern over European sanctions
Without visiting a branch: Deferred checks can be deposited via app
Nearly NIS 2B. revealed: Voluntary tax disclosure program comes to an end
Tax Authority ends voluntary disclosure program, which yielded 823 applications revealing NIS 1.89b. in capital to avoid criminal charges.
NIS 450 Million per month: The black-money pipeline under banks’ noses
Undocumented workers transfer millions abroad as state loses tax revenue. Sector officials accuse banks of profiting off the illegal practice.
NIS 10m. branch: The supermarket chain aiming to conquer central Israel
KingStore invested NIS 10m in its Rosh Ha'ayin branch to lead expansion. CEO Majdi Ketany says the company hopes to launch an IPO at the end.
Anthropic cancels $6B acquisition of Israeli AI start-up Decart following due diligence
Bloomberg report: After weeks of due diligence and advanced negotiations, AI giant Anthropic has decided not to go ahead with its acquisition of Israeli start-up Decart.
America’s black hole: The debt threatening to swallow the global economy
US public debt crossed $40 trillion, raising bond yields and interest costs. The financial fallout threatens the global economy, including Israel.
Where will you find the cheapest Rosh Hashanah shopping basket?
Survey shows 35% gap between cheapest and most expensive baskets ahead of holiday.
The market is open for competition: The move expected to lower sheep cheese prices
Israel to drop sheep cheese tariffs and open market to competition, while providing millions in direct support and quota compensation to local farmers.
Wonder Woman in business too: Gal Gadot's exit
The Goodles mac-and-cheese brand, founded by the Israeli actress and her husband, was sold to global pasta giant Barilla.
After the surge, comes the drop: Average wage in Israel plunges by nearly NIS 1,000
Following June's record high, CBS data for July shows a sharp decline to NIS 14,241, while the number of salaried jobs continues to climb.
Your Investments: No need to go looking for financial independence
Stop looking for the answer somewhere far away. It may be much closer than we think.
