Financial pressure is causing masses of Israelis to tap into their savings, but the future damage could be irreversible. The Capital Market Authority is trying to save you from yourself.
According to the updated Big Mac Index by The Economist, Israel has climbed to second place in the world for the price of a Big Mac meal ($7.67), trailing only Switzerland.
Visa announced it will cut about 2,600 jobs, primarily in its technology and product departments, in a move aimed at boosting efficiency and redirecting resources toward growth areas, including AI.
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.
The fund aims to provide a financial hand for technology startups and early-stage projects whose runway to operate the company has been hit because of the strong shekel.
Follow the process of living within your means, saving and investing, and being good stewards with whatever money you have merited, and you can achieve financial independence.
The State of Israel sits at the center of the geopolitical turbulence, yet precisely at this juncture many of its macro indicators look better than those of quite a few countries far removed from it.
The Capital Market Authority’s new rules will impose higher capital requirements, tighter custody controls and restrictions on how crypto service providers manage customer assets.
A new survey found that while AI is rapidly transforming payroll operations, many payroll accountants are exposing highly sensitive salary data by uploading payslips to unsecured AI platforms.
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.
Official Economy Ministry figures show Israeli exports reached a record $169 billion over the past year, surpassing both forecasts and the previous record set in 2022.
The Interior Ministry presented a report: Only 16% of authorities are critical, amid surging municipal corporate revenues, property tax gaps, and grant dependency.