U.S. Stocks Advance After Oil Price Falls

U.S. stocks gained for the first time in four days, led by technology shares, after oil prices fell and exports climbed to a record.

Shekel-dollar rate reaches

The shekel-dollar exchange rate rose 1.025% today, and the Bank of Israel set the representative rate at NIS 4.14/$ a two-month high. Today’s rise...

Inflation Fears Again Chill the Markets

Anxiety over high inflation, which has preoccupied investors all week, sent bond prices falling today and pushed the interest rate on the benchmark United...

Japanese Stocks May Fall on Concern Over Higher Interest Rates

Japanese stocks may decline, paced by exporters such as Canon Inc., on concern rising global interest rates will curb consumer spending and corporate profits....

Treasury 10-Year Note Falls Most in 3 Years as Yield Tops 5%

The benchmark 10-year U.S. Treasury note fell the most in more than three years after New Zealand unexpectedly raised interest rates, igniting concern other...

Yerushalayim / Manhattan: Real estate records broken

The Israeli real-estate company Alrov sold an apartment in the Mamilla housing project in Yerushalayim for a record-breaking $9 million to a European citizen whose...

Paul Wolfowitz to resign

World Bank President Paul Wolfowitz to resign at the end of June, bank directors announced in a written statement. (CNN)

Israeli researchers develop new laptop processor

Intel Corporation announced yesterday the launch of a new version of the Centrino processor for laptops. The new platform, which includes the new Intel...

Africa-Israel buys New York Times Building

Africa-Israel Investments Ltd announced its largest ever deal in New York today. The company has bought ownership of the New York Times Building, an...

Dow Jones breaks record hitting 13,000

The Dow Jones industrial average shot past 13,000 for the first time Wednesday, powered by better-than-expected corporate earnings that boosted investors' confidence in the...

Important message for Turbotax users

(A YW reader submitted the following email. If you filed your taxes with Turbotax, you should read this!) I am a software tester by...