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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
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‘We want neighbors, not tourists.’ Madrid’s renters march with message for the boom economy
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 shoot and kill suspect who fired at White House checkpoint; bystander was also struck but Trump was not affected
By Darlene Superville, Alanna Durkin Richer and The Associated PressMay 23, 2026
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Europe Just admitted the Iran War’s price shock isn’t going away
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? 
A year in the life at HP: What matters to its sustainability lead in May 2026? 
By Francesca CassidyMay 22, 2026
Stephen Colbert signs off after 11 years tonight. CBS cites finances, but the Late Show host blames Trump
Stephen Colbert signs off after 11 years tonight. CBS cites finances, but the Late Show host blames Trump
By Dave Lozo and Morning BrewMay 21, 2026
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Latest Stories
Current ARM mortgage rates report for May 22, 2026
Personal FinanceCurrent ARM mortgage rates report for May 22, 2026
By Glen Luke FlanaganMay 25, 2026
Mortgage rates today, May 25, 2026
Personal FinanceMortgage rates today, May 25, 2026
By Glen Luke FlanaganMay 25, 2026
Oil drops as U.S. says deal with Iran and Hormuz reopening is near
EnergyOil drops as U.S. says deal with Iran and Hormuz reopening is near
By Nicholas Lua and BloombergMay 24, 2026
Alaska’s oil revival sparks a new energy rush Into the Arctic
EnergyAlaska’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
PoliticsTrump 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
InvestingSpaceX 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
PoliticsThe 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
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EnergyNonprofit fraud isn’t surging. Enforcement is
By Sarah Webber and The ConversationMay 24, 2026
More EuropePage 24 of 100
Sir Richard Branson attends "Branson" New York Premiere at HBO Screening Room on November 29, 2022 in New York City.
LeadershipRichard Branson makes Virgin Atlantic bosses play ‘Liar’s Dice’ on Necker Island retreats—he usually wins the game of ‘guesswork, bluff and luck’
By Ryan HoggApril 7, 2025
Ryanair caught in the crossfire as Western Sahara flights become flashpoint for Morocco-Polisario political conflict
RetailRyanair caught in the crossfire as Western Sahara flights become flashpoint for Morocco-Polisario political conflict
By AFPApril 7, 2025
A man takes a picture of a giant model replica of a new Rolex land-dweller model
RetailSwiss watches will face some of the highest U.S. tariffs at 31%—and its ripple effects will change the industry’s dynamic
By Prarthana PrakashApril 7, 2025
‘The world as we knew it has gone’ warns U.K. PM as tariffs threaten to upend global trade
Finance‘The world as we knew it has gone’ warns U.K. PM as tariffs threaten to upend global trade
By AFPApril 7, 2025
From Stuttgart to Detroit: How Europe’s car giants are bracing for Trump’s tariff tsunami
RetailFrom Stuttgart to Detroit: How Europe’s car giants are bracing for Trump’s tariff tsunami
By AFPApril 4, 2025
Daniel Ek, Co-Founder, CEO, Spotify, speaks onstage during the "Now Playing" Creator Day hosted by Spotify at its Los Angeles Campus on November 13, 2024 in Los Angeles, California.
TechSpotify is pitching itself to advertisers as the anti-‘rotting and doom scrolling app’
By Ryan HoggApril 4, 2025
U.K. court orders Donald Trump to pay $741,000 for suing a British spy over salacious U.S.-Russia dossier
PoliticsU.K. court orders Donald Trump to pay $741,000 for suing a British spy over salacious U.S.-Russia dossier
By AFPApril 4, 2025
BP chair Helge Lund bows out as oil giant ditches renewable strategy to focus on fossil fuels
FinanceBP chair Helge Lund bows out as oil giant ditches renewable strategy to focus on fossil fuels
By AFPApril 4, 2025
Volkswagen working to ‘quantify the impact’ of Trump tariffs on U.S. sales
RetailVolkswagen working to ‘quantify the impact’ of Trump tariffs on U.S. sales
By AFPApril 4, 2025
Woman with her hand to her head
SuccessEurope has caught a work absenteeism bug, turning one of the continent’s biggest advantages into a multi-billion euro strain
By Prarthana PrakashApril 4, 2025
The Old Bushmills whiskey distillery in Bushmills Northern Ireland is the oldest working distillery in Ireland.
PoliticsTrump tariffs leave Northern Ireland, and its whiskey and plane makers, at the whim of the EU
By Ryan HoggApril 3, 2025
woman standing in the street with shopping bags
PoliticsEurope’s luxury players face a path-defining twist with Trump’s tariffs. But only a handful of them will suffer the worst impact
By Prarthana PrakashApril 3, 2025
Siemens to boost drug discoveries using AI through the $5.1 billion acquisition of U.S. software firm Dotmatics
RetailSiemens to boost drug discoveries using AI through the $5.1 billion acquisition of U.S. software firm Dotmatics
By AFPApril 3, 2025
U.K. PM Starmer confirms Trump’s 10% levies will hurt the British economy: ‘Nothing is off the table’
PoliticsU.K. PM Starmer confirms Trump’s 10% levies will hurt the British economy: ‘Nothing is off the table’
By AFPApril 3, 2025
Marco Rubio and U.S. NATO envoy arrive in Brussels as allies await news on how much America’s military will turn its back on Europe
PoliticsMarco Rubio and U.S. NATO envoy arrive in Brussels as allies await news on how much America’s military will turn its back on Europe
By The Associated PressApril 3, 2025
Here’s how the world’s major economies have reacted to Trump’s sweeping new tariffs
PoliticsHere’s how the world’s major economies have reacted to Trump’s sweeping new tariffs
By AFPApril 3, 2025
EU says Trump’s tariffs ‘major blow to the world economy’ but remains open to talks despite U.S. escalation
PoliticsEU says Trump’s tariffs ‘major blow to the world economy’ but remains open to talks despite U.S. escalation
By AFPApril 3, 2025
A worker sweeps the floor on the production line at the Skoda Auto AS manufacturing plant in Mlada Boleslav, Czech Republic, on Monday, June 19, 2023. Volkswagen AG is set to outline broad plans to lift returns across its stable of mass-market brands as the carmaker seeks savings in the costly transition to electric cars.
FinanceThe Czech Republic, and its quiet automotive giant Skoda, are bucking an economic downturn unfolding in its crucial ally Germany
By Ryan HoggApril 3, 2025
Starting today, European visitors are now required to purchase an entry permit to enter the U.K.
LifestyleStarting today, European visitors are now required to purchase an entry permit to enter the U.K.
By Laurie Churchman and AFPApril 2, 2025
Emma Walmsley, chief executive officer of GSK Plc, following a Bloomberg Television interview in London, UK, on Tuesday, July 16, 2024. The threat of superbugs is not sufficiently understood, Walmsley said.
LeadershipGSK employees perform anonymous ‘180’ surveys on their bosses, and CEO Emma Walmsley isn’t exempt
By Ryan HoggApril 2, 2025
Nicolai Tangen, chief executive officer of Norges Bank Investment Management
PoliticsNorway’s government is being pushed to rethink ‘illogical’ ethical ban on its $1.8 trillion sovereign wealth fund investing in defense
By Prarthana PrakashApril 2, 2025
What degree of power will America command in NATO? Europe warily awaits U.S. secretary Marco Rubio to determine the future of the alliance
PoliticsWhat degree of power will America command in NATO? Europe warily awaits U.S. secretary Marco Rubio to determine the future of the alliance
By Matthew Lee, Lorne Cook and The Associated PressApril 2, 2025
Mercedes weighs pulling U.S. entry-level cars over tariffs
RetailMercedes weighs pulling U.S. entry-level cars over tariffs
By William Wilkes and BloombergApril 2, 2025
Greece set to invest $27 billion on military shake-up. The most groundbreaking reform in the ‘history of the Greek state’
PoliticsGreece set to invest $27 billion on military shake-up. The most groundbreaking reform in the ‘history of the Greek state’
By Hélène Colliopoulou and AFPApril 2, 2025
A boy plays with Lego bricks.
FeaturesAliens, rovers and energy crystals: How Lego’s obsession with detail has kept fans hooked for 92 years and counting
By Prarthana PrakashApril 2, 2025
Oatly CEO Jean-Christophe Flatin and COO, Daniel Ordonez
FeaturesOatly was a pioneer in the world of oat-based dairy challengers. As milk makes a comeback, it has to prove its drinks are more than a fad
By Prarthana PrakashApril 2, 2025
The best of Watches and Wonders 2025—Fortune’s top picks
RetailThe best of Watches and Wonders 2025—Fortune’s top picks
By Alex Wood Morton, Aslesha Mehta and Fortune EditorsApril 1, 2025
Jerome Lambert
LeadershipJérôme Lambert took an unlikely career step down from Richemont CEO to leading one of its 29 brands. He said he just wanted to return to ‘the job I love’
By Prarthana PrakashApril 1, 2025
Swiss shoemaker On trims leadership with Hoffmann as sole CEO
RetailSwiss shoemaker On trims leadership with Hoffmann as sole CEO
By Tim Loh and BloombergApril 1, 2025
Photo of Donald Trump
RetailDonald Trump’s strategy to weaken the dollar could already be a success—in making it too expensive for Americans to travel to Europe
By Ryan HoggApril 1, 2025
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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
Lifestyle
Uber 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 driveplaceholder alt text
By Sasha RogelbergMay 24, 2026
Real Estate
Inside the 'stealth wealth' playbook: How Silicon Valley's elite buy multimillion-dollar mansions without leaving a paper trailplaceholder alt text
By Sydney LakeMay 24, 2026
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