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The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

3

Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricing

1

The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

2

He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

3

Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricing

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Mike Wirth, chief executive officer of Chevron.

Chevron posts largest quarterly profit ever and Exxon income surges as Iran war squeezes oil supply

The Big Oil giants are taking home near-record profits from high oil and fuel prices worldwide.

By Jordan BlumJuly 31, 2026

Mark Cuban’s cofounder once told him: ‘We don’t get as much done because people are afraid of you’

Mark Cuban’s cofounder once told him: ‘We don’t get as much done because people are afraid of you’

By Sarah GlodekJuly 31, 2026

var

The World Cup’s VAR fights are a preview of every company’s AI rollout problem

By Pooya Tabesh and The ConversationJuly 31, 2026

Young Gen Z content creator films videos

More than half of Gen Zers want to become influencers—so now Arizona State University is offering a content creation degree for $142K

By Emma BurleighJuly 31, 2026

laptop

The post-pandemic classroom is quietly ditching the laptop-for-every-kid model

By Janice Mak and The ConversationJuly 31, 2026

‘Retiring backwards’: How cold economic reality forced Gen X into something like the reverse of baby boomers’ golden years

‘Retiring backwards’: How cold economic reality forced Gen X into something like the reverse of baby boomers’ golden years

By Nick LichtenbergJuly 31, 2026

More in Future of Work

Dario Amodei speaking into a microphone.

Anthropic says its Claude models escaped a testing environment and hacked three real companies

Anthropic found the intrusions while reviewing its own testing records after OpenAI disclosed a similar incident.

By Beatrice NolanJuly 31, 2026

Fed study: AI’s slow productivity story fits a century-old historical pattern

Researchers at the St. Louis Fed looked through 490,000 earnings calls and saw AI productivity surged—but only in talk.

By Nick LichtenbergJuly 31, 2026

Nearly a third of workers admit to sabotaging their company’s AI—and smaller paychecks may explain why

As surveys document quiet resistance and outright sabotage, Apollo’s Torsten Slok offers a theory: AI is compressing wages while leaving job counts intact.

By Nick LichtenbergJuly 30, 2026

Bausch & Lomb CEO: the AI hysteria is nothing new

AI is being talked about as though business has never encountered a technological shift before. And just like the other times, one thing gets overlooked.

By Brent SaundersJuly 31, 2026

More in Future of Work

More in Success

Jensen Huang speaks into a microphone

Jensen Huang says this is the greatest time in history to start a business—and his advice is to stop overthinking it: ‘How hard can it be?’

The billionaire CEO has spent the last three decades building Nvidia —but says one simple mindset helped turn a diner-booth idea into a $4.7 trillion giant.

By Preston ForeJuly 31, 2026

National Guard major rented hotel rooms on the government’s dime just to hide a second wife, prosecutors say

Maj. Collin Welch forged divorce papers, immigration letters and Social Security cards to hide a Mongolian wife from his real family.

By Jonathan J. Cooper and The Associated PressJuly 31, 2026

Meet the jet-setting fashion editor who turned a New York manicure at 23 into Nails.Inc—Despite selling for $40 million, she still wakes at 5:45 a.m.

Victoria Beckham and even McDonald’s helped launch Thea Green’s nail polish in America. Now Nails.Inc sells a bottle of polish every minute

By Orianna Rosa RoyleJuly 31, 2026

The competition passed on a flying toy. We built it into $100 million dollar business

In his new book, Spin Master’s Ronnen Harary explains how three founders in their 20s took a toy everyone rejected and turned it into Air Hogs.

By Ronnen HararyJuly 31, 2026

More in Success

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Fortune 500 Power Moves: Which executives gained and lost power, July 18–31, 2026

Fortune 500 Power Moves: Which executives gained and lost power, July 18–31, 2026

See which Fortune 500 companies are making changes to their C-suite ranks.

By Fortune EditorsJuly 31, 2026

Apple shows that AI winners don’t have to build the biggest models

A Fortune analysis looks at Apple’s strategy of skipping the AI infrastructure arms race.

By Sheryl EstradaJuly 31, 2026

Elevance Health’s CEO started her career as a pro basketball player. Now she’s the highest‑ranking woman on the Global 500, leading a $199B giant

Gail Boudreaux credits collegiate athletics with helping to shape her leadership style.

By Sarah GlodekJuly 31, 2026

Ferrari’s Jony Ive–designed model was mocked by the internet, but it’s selling like hotcakes

When the Luce was released, Ferrari’s former president and chairman said he hoped “they take the prancing horse off that car, at least.”

By Marco Quiroz-GutierrezJuly 31, 2026

More in C-Suite

Workplace Culture

More in Workplace Culture

pete

Scouting America cuts LGBTQ+ spaces at jamboree under Pentagon pressure

Defense Secretary Pete Hegseth threatened to end military ties unless Scouting America dropped diversity initiatives by late August.

By Jamie Stengle and The Associated PressJuly 31, 2026

‘We’re still here standing’: the restaurant world’s fallen angel is reopening with its founder chef or its 3 Michelin stars

Copenhagen’s Noma returns under new chef Pablo Soto with a monthly-changing menu, five months after René Redzepi stepped down over abuse allegations.

By James Brooks, Stefanie Dazio and The Associated PressJuly 30, 2026

EEOC has indefinitely suspended all federal-sector class complaints, lawsuit claims

Attorneys say the undisclosed suspension has left correctional officers facing escalating abuse with no timeline for relief.

By Alexandra Olson and The Associated PressJuly 29, 2026

He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

Instead of selling Grady-White Boats for $400 million, Eddie Smith Jr. was inspired by Patagonia founder Yvon Chouinard to donate profits to charity.

By Preston ForeJuly 29, 2026

More in Workplace Culture

Latest stories from Fortune

Amazon may owe you money: It just got $600 million in tariff refunds after a lawsuit accused it of favoring Trump

Amazon may owe you money: It just got $600 million in tariff refunds after a lawsuit accused it of favoring Trump

By Catherina GioinoJuly 31, 2026

NY AG Letitia James speaks into a microphone.

New York sues to shut down Kalshi, seeks $100,000 for each unauthorized bet

By Camila Grigera NaónJuly 31, 2026

chad

Arts & Entertainment

The Black Panther’s tragic coda: Chadwick Boseman’s brothers want his widow removed from his estate — and held in contempt

By Reid Kress Weisbord, Naomi Cahn and The ConversationJuly 31, 2026

cuban

Arts & Entertainment

Mark Cuban’s Las Vegas A’s investment is his ‘Sports 2.0’ Dallas Mavericks playbook all over again — with one key change

By Joshua HongJuly 31, 2026

After a nearly 1,000% surge, the AI debt orgy can’t last forever, while hidden borrowing has exploded to $1.65 trillion

After a nearly 1,000% surge, the AI debt orgy can’t last forever, while hidden borrowing has exploded to $1.65 trillion

By Jason MaJuly 31, 2026

bernie

16 Nobel laureates just warned AI could displace workers. Bernie thinks a sovereign wealth fund may be the answer

By Patrick J. Schena and The ConversationJuly 31, 2026

What every founder can learn from Reformation’s $211 million IPO

What every founder can learn from Reformation’s $211 million IPO

By Emma HinchliffeJuly 31, 2026

Kevin Warsh’s first big press conference shines a spotlight on confusion over how the Fed actually measures inflation

By Brandy Hadley, D. Brian Blank and The ConversationJuly 31, 2026

More LeadershipPage 17 of 100

Three coworkers sit around a computer.

The executive assistant role isn’t dying. It’s getting promoted

By Kristin StollerJune 22, 2026

C-Suite
Meet the SpaceX insiders Elon Musk trusts to run his $2.4 trillion dollar empire
By Lily Mae LazarusJune 20, 2026

Saxby Chambliss: America can’t win the AI race without more plumbers and electricians

By Saxby ChamblissJune 22, 2026

Why Temasek’s CFO is moving into a new power role

Why Temasek’s CFO is moving into a new power role

By Angelica AngJune 22, 2026

Brian Niccol photographed at Chipotle's Cultivate Center in Irvine, CA on February 27, 2023.

AI is turning CMOs into some of the most powerful executives in business

By Ruth UmohJune 22, 2026

astronaut

NASA just named an all-male crew for ‘Artemis III’: what’s a woman to do?

By Savanah F.S. Bray, PhDJune 22, 2026

Veteran Middle East CEO says business in the region isn’t retreating—it’s resetting

By Diane BradyJune 22, 2026

C-Suite
With the exits of Apple’s Tim Cook and Dow’s Jim Fitterling, the Fortune 500 is losing two groundbreaking gay CEOs—leaving just one
By Phil WahbaJune 20, 2026

Dow futures drop as first day of U.S.-Iran talks sees Trump threaten Tehran on Hormuz: ‘You close it and you won’t have a country’

Dow futures drop as first day of U.S.-Iran talks sees Trump threaten Tehran on Hormuz: ‘You close it and you won’t have a country’

By Jason MaJune 21, 2026

Why men keep dropping out of the labor force: It starts in childhood, when kids see how males around them struggle, economists say

Why men keep dropping out of the labor force: It starts in childhood, when kids see how males around them struggle, economists say

By Jason MaJune 21, 2026

andy

Meet Labour’s ‘King of the North,’ the 56-year-old representing Greater Manchester and challenging Keir Starmer

By Jill Lawless, Danica Kirka and The Associated PressJune 21, 2026

The tribe called the world’s best fathers gets outpaced by rich American dads

By Darby Saxbe and The ConversationJune 21, 2026

Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview on the sidelines of the JPMorgan China Summit in Shanghai, China, on Thursday, May 21, 2026.

If you’re surprised by how well the stock market is doing, so is Jamie Dimon—he says there’s a ‘little tsunami’ heading for the economy

By Eleanor PringleJune 21, 2026

MPW
Exclusive: Azzi Fudd joins Project B, the international league chasing a billion-dollar opportunity in global basketball
By Emma HinchliffeJune 19, 2026

zeke

Ezekiel Emanuel: My father lived into his 90s. He understood something many successful men miss

By Ezekiel J. EmanuelJune 21, 2026

Tom Llamas at the anchor desk

NBC’s Tom Llamas climbed from 15-year-old intern to the top anchor chair—and still isn’t satisfied: ‘If you’re not growing, you’re dying’

By Preston ForeJune 21, 2026

Edward Jones advisor: Gen-Z doesn’t want an office happy hour. They want financial security

By Julia BartakJune 21, 2026

Photo of Evy Poumpouras

Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: ‘You don’t get high performers, you get sloppiness’

By Sydney LakeJune 21, 2026

Photo: Sam Altman

Sam Altman thinks AI will surpass human intelligence by 2030. His rival AI billionaires say it’ll be even sooner

By Marco Quiroz-GutierrezJune 21, 2026

Kamala Harris

Former VP Kamala Harris says she went through a nine-hour interview to land the job—but she couldn’t escape ‘gold medal depression’ even when she won

By Emma BurleighJune 21, 2026

Kylian Mbappe #10 of France celebrates with teammates

World Cup teams will be paid a record $871 million: Each team will get $12.5 million as a bare minimum for playing and ‘preparation money’

By Emma BurleighJune 21, 2026

ace

Nobel Laureate Daron Acemoglu on the ‘brainless’ AI discourse, the myth of capitalism and the Gen Z revolution risk

By Nick LichtenbergJune 21, 2026

Arts & Entertainment

The first 100 visitors to the Obama Presidential center got a surprise: Barack and Michelle

By Claire Savage and The Associated PressJune 20, 2026

‘I literally was crying last night because I’m nervous about what I’m going to find out’: a record 51% of Americans aren’t ‘cost secure’ on health

‘I literally was crying last night because I’m nervous about what I’m going to find out’: a record 51% of Americans aren’t ‘cost secure’ on health

By Ali Swenson, Amelia Thomson-Deveaux and The Associated PressJune 20, 2026

Claude Guillemot, who built Ubisoft into a gaming empire, dies at 69 in plane crash

By Angela Charlton and The Associated PressJune 20, 2026

Arts & Entertainment

James Burrows, director who defined the American sitcom from ‘Cheers’ to ‘Friends,’ dies at 85

By Beth Harris and The Associated PressJune 20, 2026

Patricia Camden is EY Studio+ Customer Experience and Loyalty Leader

EY: we found your biggest AI blind spot. It’s called the ‘tempo gap’

By Patricia Camden and John DuboisJune 20, 2026

PHILADELPHIA, PA - OCTOBER 11: Marques Colston #12 of the New Orleans Saints stands on the field before a football game against the Philadelphia Eagles at Lincoln Financial Field on October 11, 2015 in Philadelphia, Pennsylvania.

A Saints legend is selling fans a piece of professional sports for $500

By Eva RoytburgJune 20, 2026

Photo of Jensen Huang

Nvidia CEO Jensen Huang says electricians and plumbers will be needed by the hundreds of thousands in the new working world

By Preston ForeJune 20, 2026

Photo of Basant Shenouda

Gen Z grad landed a job at LinkedIn by waitressing at a conference full of recruiters and handing out her résumé during breaks—now she works at Google

By Orianna Rosa RoyleJune 20, 2026

GoDaddy Corporate Domains chief: The next Internet land rush is happening right now

By Phil LodicoJune 20, 2026

Executive pay climbed again in 2025—and the CEO-to-worker gap kept widening

Executive pay climbed again in 2025—and the CEO-to-worker gap kept widening

By Catherina GioinoJune 20, 2026

Pico Lopes #4 of Cabo Verde looks on during the FIFA World Cup 2026

Cape Verde’s Roberto Lopes was working at a bank when he was recruited on LinkedIn to play soccer—he thought it was spam, now he’s at the World Cup

By Preston ForeJune 20, 2026

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Most Popular

The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

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By Tatiana SatauaJuly 31, 2026

He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

placeholder alt text

By Preston ForeJuly 29, 2026

Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricing

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By Alexei OreskovicJuly 30, 2026

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