‘Just lower interest rate,’ Israeli lawmaker tells cbank amid conflict

The head of Israel’s parliamentary finance committee on Monday called on Bank of Israel Governor Amir Yaron to lower short-term interest rates as one measure to help ease the burden on citizens impacted by the Israel-Hamas war. “The interest rate increases were due to inflation, and the reality has changed. I turn to the […]

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Your Investments: No more excuses: It’s now, not ‘after the Chagim’

“Procrastination is one of the most common and deadliest of diseases and its toll on success and happiness is heavy,” Wayne Gretzky. In a few hours, we will finish Simhat Torah, meaning that the holiday season will be over. Now we try and take our feeling of being spiritually cleansed plus the pure joy […]

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Israeli fintech sees worrying 73% decline in funding so far in 2023

The Israeli fintech industry, known for its vibrant and innovative ecosystem, has seen more than a 73% drop in funding in 2023, further exacerbating concerns surrounding the effects of the global economic crisis and local turmoil brought on by the government’s controversial judicial reform plans. A recent report from Fintech.IL, in collaboration with the […]

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Israel’s high-speed internet revolution continues

Communications infrastructure company IBC Unlimited announced today the signing of a financing agreement with Migdal Insurance and Finance and Discount Bank to provide an additional credit line of NIS 450 million. The financing will be equally provided by Migdal and Discount. The financing agreement represents another layer in the cooperation between Migdal and IBC […]

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Payment fraud: A growing threat to companies worldwide

Payment fraud has emerged as one of the most significant threats facing companies worldwide, with losses amounting to billions of dollars. More than two-thirds of US corporate finance departments have reported various forms of breaches over the past year, resulting in both financial losses and severe damage to their reputation. These findings were released […]

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Amid Israel turmoil, markets want continuity at central bank helm

Financial markets are hoping Prime Minister Benjamin Netanyahu keeps Bank of Israel Governor Amir Yaron for a second term to safeguard the bank’s independence and provide reassuring stability to an economy rattled by political turmoil this year. Yaron has not shied away from criticism of the divisive judicial overhaul plan pushed by Netanyahu’s national-religious […]

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Israeli water company Mekorot issues bonds for NIS 620, sees high demand

Mekorot, Israel’s National Water Company, achieved a significant milestone this week as it successfully completed the institutional phase for negotiable bonds, expanding its Series 11 Bonds.  The company, responsible for managing Israel’s water supply, witnessed an overwhelming demand that reached NIS 1.8 billion, which is three times the initially planned issuance.  Mekorot successfully raised […]

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Gal Gadot’s mac and cheese company raises $13 million, brings investors

Israeli actress Gal Gadot’s mac and cheese company Goodles has raised $13 million in Series A round funding, according to an exclusive report by Fortune magazine on Monday. Series A round refers to when a company, in this case, Goodles, has its first significant round of venture capital financing. It can then sell its […]

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Which Debts Should You Pay Off First — Credit Cards or Student Loans?

Home » Student Loan Refinance » Which Debts Should You Pay Off First — Credit Cards or Student Loans? Having more than one type of debt is common, and that’s especially true once you graduate from college and start your first “real job.” You may have credit card debt, an auto loan, and a mortgage […]

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