It has an economic liberal editorial stance and supported Emmanuel Macron during the 2017 French presidential election.

[3] The magazine offers articles on economy and business-related events and on politics and world affairs.

[5] In 1987, Claude Perdriel, owner of Le Nouvel Observateur, bought the monthly magazine and renamed it as Challenges.

[6] In May 2021, LVMH, headed by Bernard Arnault, took a 40% stake in the magazine, contributing 8 million euros.

[11] In 2017, as part of the French presidential campaign, several Challenges journalists felt and deplored the fact that their magazine was "rolling for Emmanuel Macron ".