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Russia’s economy is much worse than it seems, and ‘elites are increasingly alarmed’ as alternate GDP gauge shows huge contraction

Russia’s economy is much worse than it seems, and ‘elites are increasingly alarmed’ as alternate GDP gauge shows huge contraction

While Russia has claimed its GDP expanded by about 13% between 2020 and 2024, Sweden’s analysis of nighttime luminosity shows the economy actually shrank by 8% during that span.

By Jason MaMay 24, 2026

40 is the new 50: Millennial jobseekers are giving their resumes a facelift by hiding years of experience to land jobs

40 is the new 50: Millennial jobseekers are giving their resumes a facelift by hiding years of experience to land jobs

By Jacqueline MunisMay 24, 2026

bofa

BofA says you’ll be 10x more productive with AI. Ignore the 0.1% result so far

By Nick LichtenbergMay 24, 2026

U.S. debt is the ‘elephant in the room’ amid bond market rout as Fed-fueled interest costs could drive even larger deficits, analysts warn

U.S. debt is the ‘elephant in the room’ amid bond market rout as Fed-fueled interest costs could drive even larger deficits, analysts warn

By Jason MaMay 23, 2026

Someone leafs through titles stacked in a library

AI hallucinations are infiltrating expert work—and entering the permanent body of knowledge

By Tristan BoveMay 24, 2026

U.S. reaches limit of sanctions power in targeting Iran’s economy

U.S. reaches limit of sanctions power in targeting Iran’s economy

By Magdalena Del Valle and BloombergMay 23, 2026

Latest Stories

Alaska’s oil revival sparks a new energy rush Into the Arctic

Energy Alaska’s oil revival sparks a new energy rush Into the Arctic

By Jennifer A. Dlouhy and BloombergMay 24, 2026

Trump says ‘don’t listen to the losers’ after fellow Republicans warn he’s about to make a disastrous mistake with Iran ceasefire deal

Politics Trump says ‘don’t listen to the losers’ after fellow Republicans warn he’s about to make a disastrous mistake with Iran ceasefire deal

By Darlene Superville, Matthew Daly and The Associated PressMay 24, 2026

SpaceX stock is about to join this growing constellation of public companies building a space-based economy

Investing SpaceX stock is about to join this growing constellation of public companies building a space-based economy

By Jason MaMay 24, 2026

The more generous U.S. ceasefire terms are, the more suspicious Iran becomes they’re a ruse for another attack, expert says

Politics The more generous U.S. ceasefire terms are, the more suspicious Iran becomes they’re a ruse for another attack, expert says

By Jason MaMay 24, 2026

Energy Nonprofit fraud isn’t surging. Enforcement is

By Sarah Webber and The ConversationMay 24, 2026

Health The quiet $8 billion crisis: long COVID costs keep rising as Washington looks away

By Bruce Y. Lee, Hannah Dimmick and The ConversationMay 24, 2026

Personal Finance From Hobbes to the 14th amendment: the ancient and modern cases against Trump’s $1.8 billion fund

By Austin Sarat and The ConversationMay 24, 2026

mental

Health 500,000 people were locked in state psychiatric hospitals. Their descendants can’t find out why

By Mike Stobbe, Nick Lichtenberg and The Associated PressMay 24, 2026

More EconomyPage 29 of 100

Bill Gurley sits onstage with his arms resting on his knees.

Investing Benchmark’s Bill Gurley: the AI bubble is about to burst—and a reset is coming

By Sasha RogelbergMarch 17, 2026

Energy U.S. energy chief signals Iran war may last several more weeks
By Jen Judson and BloombergMarch 15, 2026

Young sad college graduates

Success ServiceNow CEO says that new college graduate unemployment could reach 30% thanks to AI automation

By Emma BurleighMarch 17, 2026

Jeremy Siegel, the Russell E. Palmer Professor of Finance at the Wharton School, speaks during the Wharton Global Alumni Forum in Madrid, Spain, on Thursday, June 24, 2010.

Economy A market correction of 10% could be on the cards as consumer psychology shifts due to gas prices, says top economist

By Eleanor PringleMarch 17, 2026

Photo: President Trump.

Economy Backchannel talks between U.S. and Iran offer Trump an off-ramp—if he wants it

By Jim EdwardsMarch 17, 2026

trump

Commentary America’s $38 trillion debt crisis is already here. The reckoning comes next

By David K. YoungMarch 17, 2026

josh macey

Commentary Your electricity bill keeps rising. Here’s what’s actually causing it—and how to fix it

By Josh MaceyMarch 17, 2026

Economy Bessent leads U.S. talks with China ahead of Trump-Xi summit as Iran and trade war loom over ‘big year’ for bilateral ties
By The Associated PressMarch 15, 2026

Photo: Taoiseach Micheal Martin

Economy Ireland courts U.S. companies as taoiseach brings deals to Trump on St. Patrick’s Day

By Diane BradyMarch 17, 2026

Photo of a sign reading Billionaire Tax Now

Politics Only 6 billionaires left California over its proposed wealth tax—but they took $27 billion in potential revenue with them

By Jacqueline MunisMarch 17, 2026

Smoke rises from the direction of an energy installation in the Gulf emirate of Fujairah on March 14, 2026. Smoke could be seen rising from the direction of a major UAE energy installation on March 14, in what appeared to be the latest strike targeting the Gulf's petroleum facilities hours after the US struck Iran's Kharg Island.

Energy Venezuela has the world’s largest proven oil reserves, but it can’t solve for the Strait of Hormuz ‘math problem’

By Jordan BlumMarch 17, 2026

Stock market numbers are displayed as traders work on the floor of the New York Stock Exchange

Investing S&P 500 will return just 3% a year for the next decade, top strategist warns

By Shawn TullyMarch 17, 2026

U.S. debt is competing with a record supply of corporate bonds, pushing up the cost of federal borrowing just as war spending piles up

Economy U.S. debt is competing with a record supply of corporate bonds, pushing up the cost of federal borrowing just as war spending piles up

By Jason MaMarch 16, 2026

Commentary 75% of resumes never reach a human: the new rules of job searching in the AI era
By Alex ChepovoiMarch 15, 2026

Photo of Elon Musk

Politics ‘No, we didn’t’: DOGE staffer admits Elon Musk’s cost-cutting agency failed to reduce the federal deficit

By Sasha RogelbergMarch 16, 2026

Donald Trump

Politics Trump’s ‘Art of the Deal’ can’t reopen the Strait of Hormuz—and it’s threatening a recession

By Nick LichtenbergMarch 16, 2026

Photo of Peter Thiel

Investing Peter Thiel is actively convincing billionaires to abandon the Giving Pledge—and it may be working

By Jake AngeloMarch 16, 2026

bofa

Economy Ray Dalio sees a pattern that shows China killing America’s economy. This 2,000-year chart explains why

By Nick LichtenbergMarch 16, 2026

President Donald Trump at the White House

Economy The energy crisis isn’t recessionary yet, but there’s a scenario where oil prices could bring the US economy to a ‘standstill,’ Oxford Economics says

By Tristan BoveMarch 16, 2026

trump

Economy A ‘debt spiral’ before a fiscal crisis: Interest on the national debt will be growing faster than GDP in just 5 years, think tank warns

By Nick LichtenbergMarch 16, 2026

Warsaw skyline at sunset

Economy From rationed sugar to $1 trillion: How Poland became Europe’s economic miracle

By The Associated Press and Claudia CiobanuMarch 16, 2026

Lines at airport security

Politics ‘Air travel is the political football:’ Airline CEOs pen letter to Congress to fund aviation workers: ‘Air travel is the political football’

By The Associated Press and Anne D'InnocenzioMarch 16, 2026

President Donald Trump, his mouth agape on Air Force One.

Politics Trump Administration races to rebuild tariff revenue after Supreme Court setback

By The Associated Press and Christopher RugaberMarch 16, 2026

Strikers holding signs against JBS beef meatpacking

Law A raw deal: 3,800 Colorado meatpackers stage first beef plant strike in 40 years at one of the largest meatpacking plants in U.S.

By The Associated PressMarch 16, 2026

offices

Commentary The ‘average rent’ mirage: why we need better numbers to understand urban economics

By Stijn Van Nieuwerburgh and Wayne YuMarch 16, 2026

Nordstrom’s ‘glow-up’: How going private is helping the retailer thrive as Saks Global languishes

C-Suite Nordstrom’s ‘glow-up’: How going private is helping the retailer thrive as Saks Global languishes

By Phil WahbaMarch 16, 2026

Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on January 28, 2026 in Washington, DC

Economy This week is Jerome Powell’s penultimate meeting as chairman of the Fed—don’t expect him to drop Wall Street many hints

By Eleanor PringleMarch 16, 2026

Photo: Donald Trump

Energy With Iran still in control of Hormuz, Trump threatens NATO and oil hits $106

By Jim EdwardsMarch 16, 2026

Asia scrambles to respond to Trump’s sweeping Section 301 trade probes, which could pave the way for new tariffs

Economy Asia scrambles to respond to Trump’s sweeping Section 301 trade probes, which could pave the way for new tariffs

By Angelica AngMarch 16, 2026

Despite Greenland crisis, Trump suggests NATO owes him help on Iran war after U.S. support for Ukraine. ‘We’ve been very sweet’

Energy Despite Greenland crisis, Trump suggests NATO owes him help on Iran war after U.S. support for Ukraine. ‘We’ve been very sweet’

By Jason MaMarch 15, 2026

China’s power ‘supergrid’ gives Xi buffer against energy shocks

Energy China’s power ‘supergrid’ gives Xi buffer against energy shocks

By BloombergMarch 15, 2026

An OpenAI cofounder ‘vibe coded’ an analysis of the U.S. labor market’s exposure to AI, and the highest-paying jobs have the worst scores

AI An OpenAI cofounder ‘vibe coded’ an analysis of the U.S. labor market’s exposure to AI, and the highest-paying jobs have the worst scores

By Jason MaMarch 15, 2026

Iran supertanker pushes through strait for China

Energy Iran supertanker pushes through strait for China

By Prejula Prem and BloombergMarch 15, 2026

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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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By Preston ForeMay 21, 2026

Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers

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By Emma BurleighMay 22, 2026

Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50

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By Preston ForeMay 22, 2026

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