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Annual Inflation in America Soars to Highest Level in 3 Years at 4.2%

Annual Inflation in America Soars to Highest Level in 3 Years at 4.2%

SadaNews - The annual inflation rate in the United States accelerated to 4.2% in May 2026, marking the highest level since April 2023, presenting a new challenge for the Federal Reserve regarding the trajectory of U.S. interest rates. The core annual inflation rate – which excludes food and energy...
Energy Stocks in Tel Aviv Decline Due to Concerns Over Special Taxes on Data Centers

Energy Stocks in Tel Aviv Decline Due to Concerns Over Special Taxes on Data Centers

SadaNews Economy Translation - Energy stocks in Tel Aviv are experiencing a notable decline due to fears of imposing special taxes on data centers. The stock of Mega Or (57,890.00-6.93%). Tsahi Nachmias's company leads the list of losing firms. It has transformed from a traditional real estate and...
Prime Minister Sponsors Signing of Grant Agreements Worth Nearly $10 Million to Support Infrastructure, Health, and Restoration Projects

Prime Minister Sponsors Signing of Grant Agreements Worth Nearly $10 Million to Support In...

SadaNews - Under the patronage and presence of Prime Minister Dr. Mohamed Mustafa, four grant agreements totaling approximately $10 million were signed today, Wednesday, at the Prime Minister's office. These grants, provided by the Al-Aqsa Fund through the Arab Bank for Economic Development in Afric...
The Volume of New Mortgage Loans in 'Israel' in May is Approximately 9.7 Billion Shekels

The Volume of New Mortgage Loans in 'Israel' in May is Approximately 9.7 Billion Shekels

SadaNews Economy - The mortgage loan acquisition rate in 2026 in 'Israel' remains high: According to data from the Bank of Israel published today, Wednesday, new mortgage loans totaling approximately 9.687 billion Israeli shekels were granted in May, according to a Hebrew report in the "Globes" news...
"Financial Breakthrough".. A Conditional Assessment Based on Several Internal and External Factors

"Financial Breakthrough".. A Conditional Assessment Based on Several Internal and External...

Exclusive SadaNews: Is it possible for a breakthrough in the financial situation of the Palestinian Authority to occur by the end of this year? Statements by the Minister of Finance and Planning, Dr. Stepan Salama, have sparked a wave of discussions on social media and media platforms regarding the...
Jerusalem District Water Utility Emphasizes the Importance of Stopping Service and Transferring Meter Ownership When Traveling or Moving

Jerusalem District Water Utility Emphasizes the Importance of Stopping Service and Transfe...

SadaNews - The Jerusalem District Water Utility has urged its subscribers to visit one of its offices located in the service areas. In its statement, it said: The Jerusalem District Water Utility calls upon its esteemed subscribers to ensure they visit one of its offices in the service areas w...
Oil Prices Rise Following New US Strikes on Iran

Oil Prices Rise Following New US Strikes on Iran

SadaNews - Oil prices have rebounded after the United States launched new strikes on Iran following the downing of an American helicopter, posing a new threat to the fragile truce that has been tested by recent attacks in the Middle East. Brent crude rose by up to 2%, nearing $91 a barrel, while We...
Warning from Bank of America about a selling tsunami on Wall Street

Warning from Bank of America about a selling tsunami on Wall Street

SadaNews - Bank of America warns investors of the necessity to take profits on Wall Street, as 70% of the bank's bearish market indicators point to a sharp decline in prices. Bank of America cautions about the increasing signals of a bearish market, confirming signs of reaching the peak of th...
Suez Canal Raises Additional Fees on Ships to Boost Revenue

Suez Canal Raises Additional Fees on Ships to Boost Revenue

Sada News - The Suez Canal Authority has raised the additional fees imposed on most categories of ships transiting the canal, effective from mid-July, to enhance navigation revenue as the crossing traffic continues to improve amid changes in the global shipping market. The canal holds significant...
Gold Falls Below $4200 as Clashes Renew Between America and Iran

Gold Falls Below $4200 as Clashes Renew Between America and Iran

SadaNews - Gold continued its decline after the United States launched new strikes against Iran in response to the downing of a military helicopter, threatening efforts to end the war that has shaken global markets. The price of gold dropped by up to 2%, recording around $4180 per ounce, after fall...
National Beverage Company and De La Salle Club Jerusalem Sign Sponsorship Agreement for the First Basketball Team

National Beverage Company and De La Salle Club Jerusalem Sign Sponsorship Agreement for th...

SadaNews - The National Beverage Company and De La Salle Club Jerusalem signed a sponsorship agreement for the first basketball team, as part of the ongoing partnership between the two parties and their continuous support for Palestinian sports, at the company's headquarters in the presence of Mr. I...
Currency Exchange Rates Against the Shekel on Wednesday (June 10)

Currency Exchange Rates Against the Shekel on Wednesday (June 10)

SadaNews - The currency exchange rates against the shekel today, Wednesday (June 10), are as follows: