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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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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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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

1

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

2

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

3

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
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Y Combinator‑backed AI startup is under fire after its founder offered instant interviews to partygoers who got company tattoos, then apologized
Y Combinator‑backed AI startup is under fire after its founder offered instant interviews to partygoers who got company tattoos, then apologized

LemonLime’s cofounder apologized following a flurry of online backlash and offered to cover removal costs for the tattoos

By Marco Quiroz-GutierrezJuly 31, 2026
Studio portrait of Leopold Aschenbrenner
The power couple of AI is getting married in Carmel, days after groom Leopold Aschenbrenner’s hedge fund nearly blew up
By Eva RoytburgJuly 31, 2026
Mike Wirth, chief executive officer of Chevron.
Chevron posts largest quarterly profit ever, and Exxon income surges as Iran war squeezes oil supply
By Jordan BlumJuly 31, 2026
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The post-pandemic classroom is quietly ditching the laptop-for-every-kid model
By Janice Mak and The ConversationJuly 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
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Future of Work
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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

Arizona State University is helping turn its students into influencers with a bachelor’s degree in building a social media empire.

By Emma BurleighJuly 31, 2026
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
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
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
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Success
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‘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

Time to get the band back together and get on the skateboard. It’s a retirement plan from a thrift store.

By Nick LichtenbergJuly 31, 2026
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
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
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
More in Success
C-Suite
More in C-Suite
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
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
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
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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
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Trump orders Iran attack as soon as this weekend, WSJ says
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Trump orders Iran attack as soon as this weekend, WSJ says
By Jennifer A. Dlouhy and BloombergJuly 31, 2026
LinkedIn adds a ‘seems like AI slop’ button after blocking billions of automated comment attempts in the last few months
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LinkedIn adds a ‘seems like AI slop’ button after blocking billions of automated comment attempts in the last few months
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Warsh considering reducing number of Fed meetings, NYT reports
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Asia’s aging population doesn’t have to be a fiscal burden. With smart planning, it can be a growth opportunity
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By Runchana Pongsaparn and Koon Hui TeeJuly 31, 2026
European nations have won more than half of all World Cups. Now they’re threatening to boycott the next one
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European nations have won more than half of all World Cups. Now they’re threatening to boycott the next one
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Polar Monkeys Cold Plunge Review (2026): What Our Testing Team Thought
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Amazon may owe you money: It just got $600 million in tariff refunds after a lawsuit accused it of favoring Trump
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New York sues to shut down Kalshi, seeks $100,000 for each unauthorized bet
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The IBM executive tasked with retraining 30 million workers is changing how she thinks about the AI finish line
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The most contrarian and durable bet in AI is 85 million moms
By Allison SternJune 3, 2026
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‘We lost a lot of talent’: The man who overhauled the CDC before the DOGE cuts is still concerned about damage
By Nick LichtenbergJune 3, 2026
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The CEO who loves AI autodidacts — and desperately needs his experts
By Nick LichtenbergJune 3, 2026
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Town’s AI assistants learn your life—Andreessen Horowitz and Forerunner just backed the vision with $55 million
By Lily Mae LazarusJune 3, 2026
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How Amazon’s CFO ‘shatters’ expectations and helped power the company to No. 1 on the Fortune 500
By Sheryl EstradaJune 3, 2026
  • Jeff Bezos has a 25-year-old hack for stress—and it has nothing to do with your workload or a bad job market. ‘People get stress wrong all the time’
    Success
    Jeff Bezos has a 25-year-old hack for stress—and it has nothing to do with your workload or a bad job market. ‘People get stress wrong all the time’
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Women run a record 11% of Fortune 500 companies in 2026—but the gain came in a year of high-profile exits
MPW
Women run a record 11% of Fortune 500 companies in 2026—but the gain came in a year of high-profile exits
By Sydney LakeJune 3, 2026
Bigger, richer, more concentrated: Inside the new Fortune 500
Newsletters
Bigger, richer, more concentrated: Inside the new Fortune 500
By Diane BradyJune 3, 2026
Intel CEO Lip-Bu Tan.
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Intel’s new CEO cut management layers in half. The stock is up nearly 500%
By Jeff John RobertsJune 3, 2026
Microsoft seeks to be AI’s center of gravity again. CEO Satya Nadella is in San Francisco to make the case
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Data center CEO is hoping for a skilled-trades revival in his lifetime—he’s recruiting couch-dwelling Gen Z with two weeks of vacation on day one
By Preston ForeJune 2, 2026
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The $18 expense report and the defunded intern programs: symbols of corporate America’s dysfunction
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How Victoria’s Secret CEO ditched its identity crisis—and delivered record-breaking results
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How Victoria’s Secret CEO ditched its identity crisis—and delivered record-breaking results
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Mounting evidence suggests remote work is behind the Gen Z hiring nightmare. Even the New York Fed thinks so
By Tristan BoveJune 2, 2026
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Chipotle COO calls hiring one of the ‘most painful processes’—so his AI bot ‘Ava Cado’ cut it from 12 days to 4
By Preston ForeJune 2, 2026
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Should you treat AI agents as colleagues? Fortune 500 executives can’t settle the debate
By Nick LichtenbergJune 2, 2026
Mark Cuban put $500K into a stranger’s rocket company over email. It’s now a SpaceX competitor worth $4 billion
Startups & Venture
Mark Cuban put $500K into a stranger’s rocket company over email. It’s now a SpaceX competitor worth $4 billion
By Sydney LakeJune 2, 2026
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Anthropic’s office launched an AI-run vending machine. It evolved into AI-run stores and cafes within a year
By Nick LichtenbergJune 2, 2026
‘We will fly again’: Blue Origin says rocket explosion spared vital launch pad parts
Innovation
‘We will fly again’: Blue Origin says rocket explosion spared vital launch pad parts
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Teens are up against the worst summer job market in nearly 80 years—they’re fighting against hundreds to work at ice cream shops and swimming pools
By Emma BurleighJune 2, 2026
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AI is turning workers into superhumans. Their leadership teams haven’t kept up
By Adrienne Down CoulsonJune 2, 2026
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Startups & Venture
Andrew Yang’s upstart cell phone business acquires Helium Mobile
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Anthropic’s CFO Krishna Rao is steering one of the most anticipated IPOs ever
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Anthropic’s CFO Krishna Rao is steering one of the most anticipated IPOs ever
By Sheryl EstradaJune 2, 2026
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An AI overhaul at Macy’s is fueling the 168-year-old retailer’s turnaround
By Phil WahbaJune 2, 2026
Jensen Huang, chief executive officer of Nvidia Corp
AI
Jensen Huang says he pays Nvidia staff ‘as much as possible’ in bid to share the wealth from AI boom
By Eleanor PringleJune 2, 2026
Cognizant CEO says AI is remaking middle managers into player-coaches who can ‘both execute and develop others’
Newsletters
Cognizant CEO says AI is remaking middle managers into player-coaches who can ‘both execute and develop others’
By Diane BradyJune 2, 2026
liaquat
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I won a Pulitzer for explaining the Great Depression. The AI spending boom terrifies me
By Liaquat AhamedJune 2, 2026
Meet America’s ‘Disillusioned’: the 32% feeling betrayed and rejecting the establishment—and they’re not who you think
Economy
Meet America’s ‘Disillusioned’: the 32% feeling betrayed and rejecting the establishment—and they’re not who you think
By Nick Lichtenberg and Catherina GioinoJune 2, 2026
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The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in lineplaceholder alt text
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Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricingplaceholder alt text
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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 insteadplaceholder alt text
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