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Economy
Stay updated with the latest economy news on Israel Chronicle. Our Economy section covers financial markets, business, inflation, employment, technology, investments, startups, global trade, and economic policies shaping Israel and the world economy.
Through expert analysis, reports, and market insights, Israel Chronicle helps readers understand economic trends, business developments, and the impact of financial decisions on companies, consumers, and international markets.
Ferrari’s First Electric Model Fetches $40m Amid Design Backlash
Ferrari's inaugural electric car, the Luce, sold for $40m at auction while its design sparked critical debate.
Lawsuit Challenges Truth Social $100,000 Early-Access Service to Trump Posts
A lawsuit challenges Truth Social's $100,000 early-access offering that sells advance access to Donald Trump's posts alleged to move markets.
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First sites for ‘pounds for pylons’ scheme named as nearby households get £250 discount
Officials have published the first sites for the 'pounds for pylons' scheme; households within 1,600ft of upgraded pylons will receive a £250 annual reduction on electricity bills.
Why Tech Investors Pushed for a Stake in the World Cup and Why the Plan Fell Apart
Tech investors pursued a commercial plan around the World Cup using AI-driven data and rights monetization; governance and rights-control concerns led to its cancellation.
Why Tech Investors Wanted a Slice of the World Cup — and Why the Plan Was Cancelled
Tech investors proposed an AI-driven commercial model for the World Cup but withdrew the plan after rights and regulatory objections, highlighting tensions in live-sports monetisation.
How a 90-second power outage disrupted the rail network and the wider economy
A 90-second power outage caused widespread rail disruptions, highlighting vulnerabilities in signalling and backup systems and prompting calls for greater infrastructure resilience.
New Mexico Judge Orders Meta to Pay $567 Million in Largest Child Safety Ruling
A New Mexico judge ordered Meta, owner of Instagram, Facebook and WhatsApp, to pay $567 million in the largest child safety judgment against the company.
Iran says agreement with Oman on Strait of Hormuz nearing completion
Iran says a deal with Oman on the Strait of Hormuz is in final stages; neither Oman nor the United States has commented. Shipping and trade stakeholders are monitoring developments.
