Economy
U.S. housing market is in its worst decline since 2008

U.S. housing market is in its worst decline since 2008

The housing market in the United States has lost $2.3 trillion in value, the largest loss since the global financial crisis of 2008. According to data from real estate brokerage Redfin, the total value of U.S. homes dropped by 4.9%, after reaching a peak of $47.7...

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Brain implant start-up enables mind control technology

Brain implant start-up enables mind control technology

Synchron, a startup company specializing in brain-computer interfaces, is currently developing a piece of technology that will revolutionize the people's lives who are paralyzed. Those with no or very limited physical mobility can control technology such as cursors...

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Shekel continues to weaken against dollar

Shekel continues to weaken against dollar

The shekel continues to fall in value against the major currencies. On Friday, February 17, the official shekel-dollar exchange rate was 0.791% higher than the previous day, at NIS 3.566/$, and 0.158% higher against the euro, at NIS 3.794/€. This is the weakest the...

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Israel’s GDP expanded by 6.5% in 2022

Israel’s GDP expanded by 6.5% in 2022

According to today's release from the Central Bureau of Statistics, Israel's GDP grew by 6.5% in 2022, exceeding the forecasts of both the Ministry of Finance and the Bank of Israel. After a more modest expansion of 2.1% on an annualized basis in the third...

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