Money
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
Trump harasses new Fed chair Warsh with personal calls to unprecedented levels, sparking concern
Tel Aviv among world’s most expensive for employers, least lucrative for employees
Gurhan Kiziloz’s bold power play as Nexus International reaches $1.2B revenue
AI shopping agents and the end of the cash register era: What payments will look like in 2026
Visa’s report predicts that by 2026 AI identity attacks will grow, “programmable money” use will rise, and cash will still remain in circulation.
Israeli Police arrests five suspects over NIS 500,000 theft in Or Yehuda, near Tel Aviv - report
Investigators from the Mesubim police station received a complaint regarding a break-in incident to a parked vehicle, from which around $100,000 and about NIS 180,000 in cash were allegedly stolen.
Your Taxes: Reportable income-tax positions target shelters in US
A reportable income-tax position is a position contrary to a position published by the ITA if the tax advantage exceeds NIS 5 million in the tax year or NIS 10m. over four years.
Your Investments: The importance of patience in investing
One of the most underrated virtues in successful investing is patience. It doesn’t make headlines, it doesn’t sell newsletters, and it certainly doesn’t satisfy our natural desire to “do something.”
Global diamond industry is rising again: What’s powering the recovery?
Israel completes $6 billion public offering, returns to pre-war spread levels
The offering included three series of bonds with terms of five, 10, and 30 years, with spreads of 90, 100, and 125 basis points above comparable US Treasury yields.
From prevention to coercion: Israel’s failing response to crime in Arab society - opinion
Cutting social investment in the name of security creates a bad cycle that weakens trust and fuels long-term instability.
Who will save Israel? Lessons from its greatest leaders - opinion
Israel is vibrant but imperfect; history shows that true leaders, despite flaws, can guide the country toward a brighter future.
Your Investments: Greatest danger to Israel's moral mission is prosperity without discipline
It’s important to teach your children the importance of saving. I think that teens should have a bank account. They can learn how compound interest works.
