Economy
US Federal Reserve hikes rates, sees more tightening in search of 'timelier' drop in inflation
The rate increase was announced less than two months before midterm elections that will determine whether Trump's Republicans retain control of Congress for the final two years of his presidency.
Renewed Middle East tensions send Brent Crude above $100
No. 8: Howard Lutnick: US Secretary of Commerce, and Trump’s tariff dealmaker-in-chief
Mao Zedong, Israel and the road not taken - 50 years after leader’s death
Israel ranks third worldwide in AI commercialization as economy grows 3.2% ahead of Rosh Hashanah
The government's annual report ahead of Rosh Hashanah revealed that Israel ranks among the world's leaders in AI implementation, development, and research.
Basketball association to return half a million shekels to clubs
Management approved Amos Frishman's initiative. Every club will be credited for registered players, with funds transferred in coming weeks.
Trump says he will grant a $5,000 dividend to all Americans if Republicans win midterms
Trump further said he would rename the Strait of Hormuz the "Trump Strait."
On the way to an Israeli AI crisis: Avi Simhon’s unusual warning
National Economic Council head Avi Simhon slammed power grid regulators for blocking data centers, assuring no energy shortages will occur by 2031.
Dwindling oil revenue is driving Iran into deeper economic crisis - report
The US's continued efforts to choke Iran's economy appear to be working, although questions over whether financial pressure will suffice for Tehran to concede the Washington's demands remain.
Small-scale protests break out in Iran over cost of living
Retired educators, telecommunications workers, and job seekers also reportedly demonstrated on Sunday in Tehran, Ahvaz, Shush, Kermanshah, Dezful, and Rasht.
‘Al-Aqsa, be patient’: Chants against ‘Zionist scum’ heard at Damascus International Fair - report
The fair ran under the theme “Syria Shines Again,” SANA reported, claiming nearly 1,000 participating entities, representing approximately 60 countries, joined.
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.
Former NSC adviser explains why Iran could face internal upheaval within months - interview
Former NSC chief Jacob Nagel said six to nine months of economic pressure could push Iranians back into the streets, while warning Tehran still has the ability to retaliate.
US sanctions Turkish bank, two subsidiaries in bid to increase economic pressure on Iran
The sanctions put the financial entities on the US Treasury's OFAC Specially Designated Nationals list as part of US President Donald Trump's campaign to increase economic pressure on Tehran.
