Money

Kremlin condemns EU transfer of profits from frozen Russian assets to Ukraine as illegal ‘theft’

The European Commission said the bloc would give Kyiv $1.6 billion, taken from interest on cash balances, part of Russian central bank assets frozen by the EU because of the war in Ukraine.

The Russian flag flies on the dome of the Kremlin Senate building behind Spasskaya Tower, in central Moscow, Russia, May 4, 2023.
Bitcoin

Great comeback: Has crypto winter really ended?

 An illustrative image of a Torah scroll and a shofar for Yom Kippur.

Your Investments: A financial and personal clean slate for Yom Kippur

Faster payments are no longer just a technological advantage - they are becoming a defining part of the digital customer experience.

The race for faster payments is reshaping the digital economy


Third consecutive cut: Bank of Israel lowers interest rates to 3.25%, following economic review

The Bank of Israel's Monetary Committee lowered the interest rate on Tuesday. The rate was previously lowered in July, when the BoI decided to cut the rate from 3.75% to 3.5%.

Bank of Israel Governor Professor Amir Yaron speaks at the Knesset; illustrative.

Crypto companies spend record $640 million buying back own tokens

Digital asset firms adopt a familiar traditional stock market tactic to combat the sector's prolonged slowdown, but despite massive investment, it is unclear if the market cares.

The $640 million drill: The crypto industry tries to save itself from collapse.

The surprising numbers behind Israelis' summer vacation habits

The Summer 2026 MAX Index reveals: A quarter of Israelis book flights last-minute, families are returning abroad, and young adults prefer Asia.

Petri Beach, Kefalonia, Greece.

Bitcoin roars back above $71,000 as crypto markets rally

Policy shifts, surging altcoins, and record ETF inflows: What’s driving Bitcoin’s surge past $71,000.

While Wall Street braced for $20K, Bitcoin rewritten the rules - roaring past $71,000.

Level up: Exploring the world of online gaming

Understanding game types, costs, security, and finding the right fit for you.

Before you invest your time or money: Everything you need to win the game, on and off the screen.

Insurance companies' profits surged this quarter to NIS 2.85 Billion

Phoenix and Menora Mivtachim led a 20% Q2 profit surge to NIS 2.85B across Israel's top insurers, prompting raised business targets and major dividend payouts.

A record-breaking quarter for insurance: Profits soar to NIS 2.85 billion as market leaders double down on ambitious target growth.

Carasso Motors reports revenue surge to NIS 4.7B in H1 2026

Vehicle importer sees strong growth driven by core activities and Metro Motor consolidation, boosting Q2 market share to 16.8% despite regional conflict.

Chery launches the Omoda 7.

Your Investments: Should everyone be equal in a will?

From Torah teachings to modern estate planning, one expert explores why fairness and equality matter when dividing assets among children.

Illustration: A succession order

A wild day in crypto: Bitcoin surges as market forces take over

Following weeks of stagnation and weakness, the crypto market rallied sharply, driven by US Treasury bond relief, regulatory tailwinds, and massive short-position liquidations.

Ethereum Is the Biggest Gainer.

US national debt tops $40 trillion for first time, doubled under presidents Trump, Biden

The federal government's IOU has now more than doubled in less than a decade, from $19.95 trillion when US President Donald Trump was sworn in for the first time in January 2017.

The US Department of the Treasury Building in Washington, DC, US, July 11, 2026.