As Expected, Fed Raises Rates by 0.25 Point

The move brings the federal funds rate to a range of 4.5 percent to 4.75 percent, up from nearly zero last March.

Do You Have a BISSELL Vacuum Cleaner? There’s a Recall.

The returned product will be replaced free of charge with a new, upgraded BISSELL MAX 2765N model.

BED BATH & BEYOND to Close More Than a Dozen Stores in NY, NJ,...

The closures are in addition to 150 stores that were shut down last summer.

Don’t Buy Gas Today – Smotrich Promised Reduced Excise Tax by Thursday

"With God’s help, very soon, apartment prices in Israel will start to fall and more Israelis will be able to buy an apartment."

Netanyahu Declares Haifa Port Privatization a ‘Holiday’

"This day is a “holiday for the city of Haifa, a holiday for the State of Israel, a holiday for India, a holiday for our relations with India and a holiday for the economy of the region and the economy of the world.”

Federal Reserve Expected to Again Raise Rates, But Not by Much

The move marks a slowdown from the half-point hike that was announced last month.

Israeli Leftists Attack the Economy to Impede Judicial Reform – And Maybe Make Some...

World economists who don’t have a pony in the political race in Israel sound a whole lot less frightened and/or angry.

Rich Hi-Tech Leftist Trying to Start a Run on the Economy to Avenge Justice...

It's not clear how such a move, which will burden the company with more expenses in an era of cutbacks and economic crisis, will be viewed by the board of directors.

More Israeli High-Tech Layoffs on the Way

Dozens of firms in the Israeli high-tech sector have trimmed their staffs and tightened their belts since the start of 2023.

Netanyahu Makes it Clear: Judicial Reform Will Improve the Economy

Netanyahu said his judicial reform bill will make Israel an even better place to in which to invest.

Israel’s Elbit to Provide NATO with Anti-Missile Systems

The system protects larger aircraft from the threats posed by infrared-guided missiles.

Spotify Joins the Layoff Wave

Those staff who are being cut are to receive severance pay of approximately five months’ salary, during which time the company said it would continue to pay for healthcare.

Netanyahu: Israel Raised $2 Billion in Government Bonds, Investors Believe in this Government’s Policies

"The world actually believes in our policy, in our overall policy, the general policy and the economic policy in particular,” Netanyahu said.

Google’s Israeli Employees Told ‘No Decision Yet Made’ on Who Will Get the Axe

In its email, management told Google employees that its plans to make the layoff process as brief as possible. “Please try to support one another,” the email said.

Israeli Government Cuts Gas Prices

Starting on Sunday, there is a reduction in the price of a liter of gasoline by 10 Agorot.

Google Announces 12,000 Layoffs

Severance packages for Google workers in the US include 16 weeks of salary, their 2022 bonus, paid vacations, and six months of health coverage.

Intel Backpedals on Haifa Luxury Development Project

The full-service health and fitness center on the roof of the office building that was planned was expected to offer “an amazing sea view.”

Thousands to be Laid Off at Microsoft

All teams and geographies will be affected by the layoffs, but sales and marketing will be hit harder than engineering.

SEC Charges LA-Based Israeli with $47 Million Fraud Targeting Orthodox Jews

Yossi Engel initially induced members of the Orthodox community to invest by falsely telling them that he would use their funds to purchase and install security camera equipment.

Israeli Lawmakers Get 5.1% Pay Hike; Supreme Court Chief to Earn $350K+

Prime Minister Benjamin Netanyahu will receive 59,218 shekels ($17,400) per month, and President Isaac Herzog 67,971 shekels ($19,970).

Elbit Signs $95 Million Contract to Supply and Maintain Advanced Electro-Optical Systems to Israel...

Elbit Systems will supply long-range deployable observation systems and tactical target acquisition systems to the IDF.

Luke Skywalker Pushing Ukraine’s Army of Drones Project in Anticipation of Russian All Out...

Besides Hamill, the United24 team of global ambassadors includes singer Barbra Streisand, actor Liev Schreiber, and astronaut Scott Kelly.

Israel’s Consumer Price Index Rose 0.3% in December 2022

According to the Central Bureau of Statistics, the annual inflation rate has remained at 5.3 percent for the second month in a row.

Smotrich Orders Reduction in Fuel Tax

The order should result in a 13 agorot drop in the price of a liter of gasoline, according to the report.

Smotrich Presents Initial, Very Limited Emergency Steps to Curb Israel’s High Cost of Living

One has to wonder why Minister Smotrich did not follow the reduction of excise taxes on coal with a freeze––full or partial––on fuel excise taxes.

Israel Raises $2 Billion in First Ever Green Bond Issue

A green bond enables investors in the capital market to be connected to the government’s sustainability and environmental goals and to help promote these goals.

India-Led Consortium Completes $1.15 Billion Purchase of Haifa Port

The purchase is not related to the separate Chinese-operated Haifa Bayport Terminal across the bay, which has been a source of US concern.

‘Bloodbath’ Expected Wednesday at Goldman Sachs

Goldman Sachs employed more than 49,000 people worldwide as of September 30.

Israeli Cyber Sector Shows ‘Serious Drop’ in Investments

Multi-year analysis of overall funding shows the total amount of funding in the cyber sector declined by more than 60 percent between 2021 and 2022.

Israel Inks $80 Million Deal to Expand Training Center for Fighter Pilots

The agreement with Elbit Systems will expand the Mission Training Center at the Hatzor Air Force Base, which contains flight training simulators for F-15 and F-16 jets.


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