The S&P settled at 7,022.95, up 0.8%, LSEG data showed, surpassing its previous closing high in January. It also hit a new intraday record of 7,026.24.
Avraham Novogrocki, president of Israel’s Manufacturers’ Association, which represents some 1,500 firms and 400,000 workers, said the strong shekel posed a risk to the economy.
Bank Hapoalim’s US arm said the financing will support Idan Ofer’s real estate arm and Metro Loft in the acquisition and conversion of 845 Third Avenue into a 529-unit rental property.
"When someone saves your life and gives you life, there’s gratitude, humility; there’s a time you’ve been so blessed you realize you’ve been given another chance at life..." - Pat Summerall
Olim already enjoy a 10-year Israeli tax holiday for foreign-source income and capital gains. Starting January 1, 2026, olim may also be exempt from Israeli tax on Israeli-source income.
Leumi Partners and Shestovitz Properties acquired NIS 670M in Profit Finance Group, which manages NIS 100B. Founders Elberg and Banai retain control after a massive valuation leap since 2021.
Hegseth's Morgan Stanley broker contacted BlackRock in February about making a multimillion-dollar investment, while the Pentagon's spokesperson called the story "entirely false and fabricated."
Behind the stability in overall capital lies a shift in the market structure. The number of deals remains relatively low, and capital is increasingly concentrated in a smaller number of companies.
The latest Iran war is having an economic impact on the world economy. If less fuel is available to the world through the Strait of Hormuz, it means less travel and fewer petroleum products.
The Israeli shekel is expected to remain an attractive currency for investors around the world as Israel continues to advance, introduce solutions globally, foster innovation, expand, and succeed
In 2024, the NII issued Circular No. 1314, stating that it had stopped collecting NII contributions on Israeli residential rental income. But the NII said nothing about foreign rental income.
The Hebrew University Business School is adapting its approach to business education while guiding students through one of the most challenging periods in Israel’s recent history.
Just as nations diversify their strategic reserves, Israel can explore how digital assets might play a role in the financial architecture of the future.
The bank said eligible customers receiving child allowances will get the money automatically in a two-year deposit as part of a broader push to encourage household savings.
The Israel Tax Authority has opened an online fast-track option for claims of property damage resulting from Iranian missile strikes, with compensation of up to NIS 30,000 available.
"Modern invention has banished the spinning wheel, and the same law of progress makes the woman of today a different woman from her grandmother." - Susan B. Anthony