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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
Alaska’s oil revival sparks a new energy rush Into the Arctic
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
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
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
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
f
Nonprofit fraud isn’t surging. Enforcement is
By Sarah Webber and The ConversationMay 24, 2026
News
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From Hobbes to the 14th amendment: the ancient and modern cases against Trump’s $1.8 billion fund

In the Roman world, the Latin phrase “Nemo iudex in causa sua” meant “no one should be a judge in their own cause.”

By Austin Sarat and The ConversationMay 24, 2026
The travel industry has been taking body blows. Here comes an airport ‘sanctuary city’ crackdown

Transportation Secretary Sean Duffy broke with Homeland Security: “We shouldn’t shut down air travel in a state that doesn’t agree with our politics.”

By Josh Funk, Rio Yamat and The Associated PressMay 24, 2026
Britain’s navy is preparing to clear mines in the Strait of Hormuz — but only once a U.S.-Iran peace agreement is reached

The RFA Lyme Bay will soon depart Gibraltar to link up with the U.K. destroyer HMS Dragon and allied ships for air support before sailing through the Suez Canal to the Persian Gulf.

By Emma Burrows and The Associated PressMay 24, 2026
Under emerging deal with U.S., Iran’s uranium, sanctions relief, and release of frozen funds would be negotiated during a 60-day window

Iran said the peaceful use of nuclear technology is “the legitimate and inalienable right of its people,” saying it “will never relinquish this lawful and internationally recognized right.”

By Samy Magdy, Melanie Lidman and The Associated PressMay 24, 2026
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North America
More in North America
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The quiet $8 billion crisis: long COVID costs keep rising as Washington looks away

NIH grants canceled, the federal office shuttered, clinics closing — the government is turning its eyes elsewhere as 44 million suffer.

By Bruce Y. Lee, Hannah Dimmick and The ConversationMay 24, 2026
AI hallucinations are infiltrating expert work—and entering the permanent body of knowledge

Academic papers, popular books, and legal decisions are peppered with AI mistakes that are getting harder to clean up.

By Tristan BoveMay 24, 2026
As AI wipes out white-collar jobs, one Alabama high school and Toyota are training students for roles that pay $40 an hour and can’t be automated

The Huntsville Center for Technology gives high school students a foothold in the skilled trades amid a job market starved for that talent.

By Jake AngeloMay 24, 2026
U.S. reaches limit of sanctions power in targeting Iran’s economy

“We need to either overwhelm them with something new — and this Economic Fury stuff isn’t it — or we need to start limiting our ambitions.”

By Magdalena Del Valle and BloombergMay 23, 2026
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Europe
More in Europe
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‘We want neighbors, not tourists.’ Madrid’s renters march with message for the boom economy

Spain’s housing costs rose 13% last year. Prime Minister Sánchez has a €7 billion fix — but his rent-freeze bill just died in Parliament.

By Alicia Leon and The Associated PressMay 24, 2026
Secret Service shoot and kill suspect who fired at White House checkpoint; bystander was also struck but Trump was not affected

Secret Service said none of its officers were injured, and that President Donald Trump — who was at the White House at the time — was not “impacted.”

By Darlene Superville, Alanna Durkin Richer and The Associated PressMay 23, 2026
Europe Just admitted the Iran War’s price shock isn’t going away

EU officials see higher oil and gas prices at least through the end of 2027.

By Menelaos Hadjicostis and The Associated PressMay 23, 2026
A year in the life at HP: What matters to its sustainability lead in May 2026? 

As part of our new series, we are following one of the largest companies in the world through a year of business, as experienced by different members of its leadership team.

By Francesca CassidyMay 22, 2026
More in Europe
Asia
More in Asia
coal
82 dead in China’s worst coal mine disaster in years — regulators flagged the risk 2 years ago

China’s National Mine Safety Administration put Shanxi’s Liushenyu mine on its high-risk list in 2024 for high gas content. On Friday, it exploded.

By The Associated PressMay 24, 2026
How Grab’s CTO sees the superapp’s push into physical AI and automated driving—and why he uses his competitors’ robots in the office

“If you go to the Grab office now, you’ll see robots from other companies as well. We use a 1+n strategy which keeps us on our toes.”

By Angelica AngMay 22, 2026
Malaysia slams ‘grossly offensive, false, menacing and insulting’ TikTok memes about its king

The commission warned it would continue to take “firm and proportionate action” to ensure digital platforms comply with their responsibilities.

By The Associated PressMay 21, 2026
Antler CEO Magnus Grimeland says Silicon Valley doesn’t have a monopoly on tech: ‘People can innovate from almost anywhere’

Antler positions itself as a “day zero” investor, meaning it backs founders from the very start, before they’ve even started building their businesses.

By Angelica AngMay 20, 2026
More in Asia
Middle East
More in Middle East
Current price of oil as of May 19, 2026
Current price of oil as of May 19, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

By Joseph HostetlerMay 19, 2026
Current price of oil as of May 12, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

By Joseph HostetlerMay 12, 2026
Current price of oil as of May 5, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

By Joseph HostetlerMay 5, 2026
Current price of oil as of April 28, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

By Joseph HostetlerApril 28, 2026
More in Middle East
Global
More in Global
mental
500,000 people were locked in state psychiatric hospitals. Their descendants can’t find out why

Breta Meria Conole was in a state psychiatric hospital for more than two decades. But the reason why is a family mystery. Debby Hannigan, her great grandniece, tried for years to access Conole’s medical records, because she thought they might hold clues to mental health issues in her family, including her oldest daughter’s depression. Hannigan […]

By Mike Stobbe, Nick Lichtenberg and The Associated PressMay 24, 2026
Inside the ultra-luxury eco-adventure industry turning conservation into a status symbol

The eco-curious elite is looking for something more compelling than just pampering: purpose, access and a very good story.

By Adam EraceMay 24, 2026
SpaceX’s next-gen rocket is the key to its sky-high valuation, early investor says: ‘Starship also enables all kinds of frontier markets’

SpaceX’s launch business gives it “access to orbit,” said Space Capital CEO Chad Anderson.

By Marco Quiroz-GutierrezMay 24, 2026
40 is the new 50: Millennial jobseekers are giving their resumes a facelift by hiding years of experience to land jobs

Suzy Welch has some advice for people struggling to get hired.

By Jacqueline MunisMay 24, 2026
More in Global
Latest Stories
Dara Khosrowshahi speaks on stage and holds his palms in front of him, pressed together.
LifestyleUber CEO says rideshare ‘freed up’ his son from having to get a driver’s license—and he’s one of many Gen Zers who aren’t willing to drive
By Sasha RogelbergMay 24, 2026
bofa
AIBofA says you’ll be 10x more productive with AI. Ignore the 0.1% result so far
By Nick LichtenbergMay 24, 2026
Inside the ‘stealth wealth’ playbook: How Silicon Valley’s elite buy multimillion-dollar mansions without leaving a paper trail
Real EstateInside the ‘stealth wealth’ playbook: How Silicon Valley’s elite buy multimillion-dollar mansions without leaving a paper trail
By Sydney LakeMay 24, 2026
David Bennahum
CommentaryI was one of the internet’s first influencers. AI just killed the whole category — and created something better
By David S. BennahumMay 24, 2026
It took over a decade, but NextDecade’s longshot bet to lead LNG in Texas is finally paying off
EnergyIt took over a decade, but NextDecade’s longshot bet to lead LNG in Texas is finally paying off
By Jordan BlumMay 24, 2026
Ukrainian drone attack causes fire at Russian oil terminal used for exports as Kyiv expands long-range strike capabilities
PoliticsUkrainian drone attack causes fire at Russian oil terminal used for exports as Kyiv expands long-range strike capabilities
By The Associated PressMay 23, 2026
Trump’s 3,711 trades point to multiple stock-market strategies
InvestingTrump’s 3,711 trades point to multiple stock-market strategies
By Justina Lee, Vivien Ngo, Elena Popina, Matthew Griffin and BloombergMay 23, 2026
As U.S.-Iran deal nears, Trump ally warns against creating perception Tehran controls Hormuz — ‘it makes one wonder why the war started to begin with’
PoliticsAs U.S.-Iran deal nears, Trump ally warns against creating perception Tehran controls Hormuz — ‘it makes one wonder why the war started to begin with’
By Jason MaMay 23, 2026
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dario
CommentaryAnthropic’s most powerful AI model just exposed a crisis in corporate governance. Here’s the framework every CEO needs.
By Jeffrey Sonnenfeld, Stephen Henriques, Dan Kent and Holden LeeMay 2, 2026
Trump picked a fight with the Pope: The one person he can’t fire, can’t outbid, and can’t outlast
PoliticsTrump picked a fight with the Pope: The one person he can’t fire, can’t outbid, and can’t outlast
By Catherina GioinoMay 2, 2026
A group of people wait by a gap pump with their motorcycles.
EnergyOne economist’s ‘radical idea’ to solve the biggest energy crisis in history: a reverse OPEC
By Sasha RogelbergMay 2, 2026
mackenzie
CommentaryStop donating to Harvard and the Ivy League. There’s a better option that MacKenzie Scott already figured out
By Ed Smith-LewisMay 2, 2026
drinks
CommentaryWe need a new way of thinking about drinking: Time to replace the ‘standard drink’ with advice people can actually use
By Justin KissingerMay 2, 2026
pakistan
CommentaryAsia is being hammered by the Iran conflict’s economic fallout. The U.S. has the playbook to help—and every reason to
By Wendy Cutler and Jane MellsopMay 2, 2026
Betting on the Kentucky Derby is more popular than ever. So why is it so confusing?
LawBetting on the Kentucky Derby is more popular than ever. So why is it so confusing?
By Catherina GioinoMay 2, 2026
Blackstone’s Steve Schwarzman built a program to teach young leaders about China. It’s harder to get into than Harvard
C-SuiteBlackstone’s Steve Schwarzman built a program to teach young leaders about China. It’s harder to get into than Harvard
By Shawn TullyMay 2, 2026
In this handout photo provided by U.S. Central Command, U.S. forces patrol the Arabian Sea near M/V Touska on April 20, 2026, after firing upon the Iranian-flagged vessel that the U.S. accused of attempting to violate the U.S. naval blockade of Iranian ports near the Strait of Hormuz. (Handout Photo by the U.S. Navy via Getty Images)
PoliticsThe Iran war has turned the world’s shipping straits into a chessboard—and the U.S. aims to box out China from the Panama Canal to the Malacca Strait
By Jordan BlumMay 2, 2026
Trump says a ‘final proposal’ for a taxpayer-funded takeover of Spirit Airlines is under consideration
PoliticsTrump says a ‘final proposal’ for a taxpayer-funded takeover of Spirit Airlines is under consideration
By Michelle L. Price, Rio Yamat and The Associated PressMay 1, 2026
U.S. to withdraw 5,000 troops from Germany as Trump feuds with Merz over the Iran war
EuropeU.S. to withdraw 5,000 troops from Germany as Trump feuds with Merz over the Iran war
By Ben Finley and The Associated PressMay 1, 2026
ExxonMobil CEO Darren Woods, far right, listens as U.S. President Donald Trump,left, speaks during a meeting with oil company executives in the East Room of the White House on Jan. 9. President Trump is aiming to convince oil executives to support his plans in Venezuela, a country whose energy resources he says he expects to control for years to come. US forces seized Venezuelan president Nicolas Maduro in a sweeping military operation on January 3, with Trump making no secret that control of Venezuela's oil was at the heart of his actions.
EnergyExxon Mobil CEO sees ‘more to come’ on price spikes from Iran war as Exxon, Chevron beat on earnings despite plunging profits
By Jordan BlumMay 1, 2026
trump
PoliticsTrump on Iran: ‘They want to make a deal, I’m not satisfied with it, so we’ll see what happens’
By Toqa Ezzidin, Munir Ahmed, Collin Binkley and The Associated PressMay 1, 2026
infantino
North AmericaFifa’s Infantino predicted sellouts and ‘1,000 years of World Cups at once,’ but fans aren’t biting
By James Robson and The Associated PressMay 1, 2026
bernie
PoliticsBernie Sanders is destroying Chuck Schumer in the Democratic Party’s Civil War ahead of the midterms
By Steve Peoples and The Associated PressMay 1, 2026
cox
C-SuiteBillionaires have a problem money can’t solve: They don’t know how to talk to their kids
By Nick LichtenbergMay 1, 2026
charles
PoliticsKing Charles’ stiff upper lip on Epstein: ‘support victims of some of the ills that, so tragically, exist in both our societies’
By Jill Lawless and The Associated PressMay 1, 2026
trump
EconomyTrump says he’ll hike EU auto tariffs to 25%, jolting a world economy that really didn’t need it
By Josh Boak and The Associated PressMay 1, 2026
male engineer working under pylon
EnergyUtility CEOs pocket $626 million as American energy bills hit record highs
By Tristan BoveMay 1, 2026
CEOs got an 11% pay raise in 2025. Workers got 0.5%
EconomyCEOs got an 11% pay raise in 2025. Workers got 0.5%
By Marco Quiroz-GutierrezMay 1, 2026
Photo of a bowl of mac and cheese
LawA Chick-fil-A worker got fired and then showed up behind the register to allegedly refund himself over $80,000 in mac and cheese
By Catherina GioinoMay 1, 2026
Photo of vegan cheese products
AIA Mark Cuban–backed vegan cheese company trained AI to scrutinize cardboard boxes. It’s saved $400,000
By Jake AngeloMay 1, 2026
Fortune 500 Power Moves: Which executives gained and lost power this week (April 25–May 1, 2026)
C-SuiteFortune 500 Power Moves: Which executives gained and lost power this week (April 25–May 1, 2026)
By Fortune EditorsMay 1, 2026
Young trade worker learning on job
SuccessForget Big Tech: Small businesses will hire nearly 1 million grads in 2026—and some of the hottest roles are gloriously AI-proof
By Emma BurleighMay 1, 2026
Andrew McAfee
SuccessMIT AI expert warns automating Gen Z entry-level jobs could backfire—and cost companies their future workforce
By Preston ForeMay 1, 2026
francis
CommentaryFormer Miami Mayor Francis Suarez: Why I’m joining Stephen Ross and Ken Griffin in betting big on ambitious business leaders
By Francis SuarezMay 1, 2026
By staying on the Fed’s board, Jerome Powell could be doing incoming Chairman Kevin Warsh a huge favor 
EconomyBy staying on the Fed’s board, Jerome Powell could be doing incoming Chairman Kevin Warsh a huge favor 
By Jason MaMay 1, 2026
elon
LawElon Musk gets testy on the stand: ‘I thought I had started a nonprofit with OpenAI but they stole it’
By Barbara Ortutay and The Associated PressMay 1, 2026
duke
Big TechAmazon Prime Video reaches deal with Duke Blue Devils to air 3 games per season
By The Associated PressMay 1, 2026
valerie
CommentaryTesla’s former HR chief: the AI layoff panic Is built on a false premise—here’s what most workers need to know
By Valerie Capers WorkmanMay 1, 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 yearplaceholder alt text
By Preston ForeMay 21, 2026
Success
Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workersplaceholder alt text
By Emma BurleighMay 22, 2026
Success
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 $50placeholder alt text
By Preston ForeMay 22, 2026
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