Money

PayPal layoffs hit Israel as payment giant restructures global operations

The cut will hit the Tel Aviv development center, which develops artificial intelligence systems to analyze transactions in real time, detect fraud, and prevent money laundering.

 A smartphone with the PayPal logo is placed on a laptop in this illustration taken on July 14, 2021.
A screen showing stock prices is seen at the entrance to the Tel Aviv Stock Exchange, June 2, 2026

Your Investments: No need to go looking for financial independence

Bank of Israel Governor Professor Amir Yaron speaks at the Knesset; illustrative.

Third consecutive cut: Bank of Israel lowers interest rates to 3.25%, following economic review

The $640 million drill: The crypto industry tries to save itself from collapse.

Crypto companies spend record $640 million buying back own tokens


NIS 75M on the way to our pockets: The offset that will affect electricity bills

A court victory for Noga: It will be allowed to immediately offset NIS 75M from PSP due to the shutdown of a pumped-storage facility. The good news: The money will go straight to the consumers.

Electricity poles

Fugitive from Panama and architect of "Fraud of the Century" extradited

One fled at the last minute to Panama, the other escaped to Israel after the "Fraud of the Century": A dramatic weekend at Ben-Gurion Airport concluded with two massive extraditions.

Police officers at Ben-Gurion Airport

Double Lotto NIS 10M winner: 'Waiting to share the news with my combat soldier son'

Central Israel resident checked an old ticket and discovered he became a millionaire: "My first call was to my wife, I told her: I won the lottery."

The winning lottery ticket

Crime organizations targeting government tenders, emergency meeting reveals

Government ministries, Israel Police and state-owned companies met on Tuesday to address alleged attempts by organized crime groups to infiltrate public tenders and national infrastructure projects.

Conference on the challenges facing government companies in the head–on fight against organized crime

Suspected money laundering network used real estate vouchers to move NIS 500 million

Three central suspects were arrested after a covert investigation allegedly uncovered a financial crime network involving fictitious companies, false invoices and real estate payment vouchers.

The case was named "Payment Voucher" following the suspects' use of real estate–related vouchers

Lack of experience, mistakes cost private home builders billions in unnecessary expenses

Around 20% of Israelis building private homes are estimated to lose billions of shekels due to costly mistakes, as a new podcast seeks to provide guidance throughout the construction process.

Receiving the keys to a new home.

Insurance companies pay policyholders to receive medical care at home instead of ERs

Israeli insurance firms encourage home-based medical services through financial incentives, reducing costs while easing hospital stress, officials say.

Hospital treatment.

Elon Musk: "SpaceX will be worth more than the rest of Earth"

The world's richest man presents a future where robots and AI produce everything and money loses meaning. Analysts remain skeptical.

Elon Musk

NIS 260 million on the way to hundreds of thousands of employees

The Tax Authority is transferring the first installment of the work grant for 2025. the grant includes supplements for parents of toddlers and advance payments for working women over the age of 60.

Banknotes in an ATM

Government approves up to NIS 55 million in aid for Israeli airlines

Israeli airlines will receive aid for empty flights operated during Operation Roaring Lion amid security restrictions, with compensation covering up to two-thirds of eligible expenses.

El Al airplane.