Money
Israel spends more of its GDP on education than the OECD average, but less per student
Government spending per student in Israel is about 61% lower than the OECD average. Nearly half of the Israeli population is under age 24, and demographic growth erodes the budget per student.
The default cost-efficiency failure that costs the Israeli economy billions annually
Elon Musk is a trillionaire again: Wealth jumped $65b. in a single day
Up to NIS 2 million: New compensation track launched for protection racket victims
IDF urges Gaza residents to exchange old banknotes, prevent Hamas's financial exploitation
"Most of the old-issue banknotes have already been replaced with new ones some time ago. If any of you still possess those old banknotes, you face a serious financial risk," Waweya wrote.
High-tech workers, doctors leaving: Emigration wave hits Israel’s top income decile
Emigration rate among wealthy population nearly doubled compared to previous years, Tax Authority estimates potential tax loss at roughly NIS 700M.
July spending record: Daily average reached NIS 1.771 Billion
Shva data for July points to a 5.8% surge in charge card spending compared to last year, reaching NIS 54.857 billion. Meanwhile, cash withdrawals from ATMs climbed to a record NIS 6.057 billion.
Strong tech earnings lift major US indices
Strong AI-driven earnings from Amazon and Microsoft boost investor confidence, pushing major US stock indices closer to record highs.
Trump harasses new Fed chair Warsh with personal calls to unprecedented levels, sparking concern
Trump has reportedly repeatedly called Federal Reserve Chair Kevin Warsh for advice on Iran, AI, and the economy, raising concerns about the central bank’s political independence.
Tel Aviv among world’s most expensive for employers, least lucrative for employees
Study comparing employment costs across 13 US, European, and Israeli cities finds Tel Aviv ranking second only to San San Francisco.
How much does August cost for a family with three children?
In a regular school month, child-related expenses reach about NIS 8,600; in August, they can climb to roughly NIS 17,300.
Thousands of Bitcoin wallets hacked within half an hour
A fast, automated attack wave reconstructed weak keys and drained more than 1,367 Bitcoins. The transactions look completely legitimate, but for the victims, it is an $88 million blow.
Japan, US confirm joint yen-buying intervention, signal more action to prevent selloff
Aside from helping Japan as a ally in Asia, the intervention would help the US address concerns over extraordinary weakness in the yen that offsets the boost from Trump's tariffs, analysts say.
Considering withdrawing your pension? It's probably the worst decision you'll make
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.
