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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

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

laptop

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

More in Future of Work

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

More in Future of Work

More in Success

‘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

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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

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

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

Trump orders Iran attack as soon as this weekend, WSJ says

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

LinkedIn adds a ‘seems like AI slop’ button after blocking billions of automated comment attempts in the last few months

By Marco Quiroz-GutierrezJuly 31, 2026

Warsh considering reducing number of Fed meetings, NYT reports

Warsh considering reducing number of Fed meetings, NYT reports

By Enda Curran and BloombergJuly 31, 2026

Asia’s aging population doesn’t have to be a fiscal burden. With smart planning, it can be a growth opportunity

Asia’s aging population doesn’t have to be a fiscal burden. With smart planning, it can be a growth opportunity

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

Startups & Venture

European nations have won more than half of all World Cups. Now they’re threatening to boycott the next one

By Catherina GioinoJuly 31, 2026

Polar Monkeys Cold Plunge Review (2026): What Our Testing Team Thought

Polar Monkeys Cold Plunge Review (2026): What Our Testing Team Thought

By Christina SnyderJuly 31, 2026

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

More LeadershipPage 30 of 100

Amazon workers hold signs protestings

Labor union participation is on the rise even as U.S. companies spend $1.7 billion annually to halt union formation

By Jacqueline MunisMay 28, 2026

Commentary
I wrote the playbook that built Big Tech. I misjudged what would happen next
By Eric RiesMay 26, 2026

AI simulation

Researchers let AI models run a simulated society. Claude was the safest—and Grok committed 180 crimes and went extinct within 4 days

By Jake AngeloMay 28, 2026

A man looks at this laptop and frowns, with both hands on the side of his head.

Adding AI ’employees’ is backfiring by creating new office scapegoats and making human workers sloppier and lazier

By Sasha RogelbergMay 28, 2026

American Economist Robert Solow

Employees using AI are working faster, but the economy isn’t more efficient. A look at what happened in the pre-Internet era might explain why

By Tristan BoveMay 27, 2026

man giving child keys to home

A study finds escaping your income bracket no longer means building wealth. That disconnect may be what’s driving consumer pessimism to record highs

By Jake AngeloMay 27, 2026

Sanofi is building its own AI ecosystem to give the French pharma giant an edge

Sanofi is building its own AI ecosystem to give the French pharma giant an edge

By John KellMay 27, 2026

Newsletters
A CEO fired all of HR. The EEOC is suing the NYT. Both defended it onstage
By Kristin StollerMay 26, 2026

Nvidia CEO Jensen Huang

Even if every California billionaire left tomorrow, it would take 25 years for the state to lose as much as it stands to gain from proposed wealth tax

By Tristan BoveMay 27, 2026

‘PTO-maxxing’ is the summer hack turning 15 vacation days into 49 days off

‘PTO-maxxing’ is the summer hack turning 15 vacation days into 49 days off

By Sydney LakeMay 27, 2026

The unlikely origin of a $2.5 billion hospitality unicorn: a bored teenager working the night shift at his family business

Workplace Culture

The unlikely origin of a $2.5 billion hospitality unicorn: a bored teenager working the night shift at his family business

By Catherina GioinoMay 27, 2026

AI is changing the hospitality industry, and it’s changing how you stay in hotels

AI is changing the hospitality industry, and it’s changing how you stay in hotels

By Catherina GioinoMay 27, 2026

Hilary Duff with commencement regalia

Despite having a $25 million net worth, Hilary Duff thinks saying yes too much to opportunities actually hurt her career

By Preston ForeMay 27, 2026

C-Suite
‘Excited and terrified’: One of private equity’s top investors built an AI that knows every deal he’s ever done
By Nick LichtenbergMay 26, 2026

Frustrated man in work meeting

Real estate billionaire was called the ‘worst analyst’ at Goldman Sachs—now he says the criticism was the best thing that ever happened to him

By Emma BurleighMay 27, 2026

Jamie Dimon said the American Dream was slipping away. JPMorgan just put $40 million on the table to fix it

By Nick LichtenbergMay 27, 2026

How Sam Altman fooled Sundar Pichai — and pushed Google into cannibalizing itself

By Sunil SharanMay 27, 2026

The 2026 Fortune Most Powerful Women list is here—and 11 CFOs made the cut

The 2026 Fortune Most Powerful Women list is here—and 11 CFOs made the cut

By Sheryl EstradaMay 27, 2026

I’ve been a CEO for 25 years. The AI hype and hysteria is getting old

By Gil MandelzisMay 27, 2026

Inside CEO Jane Fraser’s 5-year grind to restore Citi’s credibility

Inside CEO Jane Fraser’s 5-year grind to restore Citi’s credibility

By Diane BradyMay 27, 2026

jordan

Your company needs a Chief Trust Officer. Here’s three reasons why

By Jonathan JordanMay 27, 2026

Citi’s 5-year comeback: How CEO Jane Fraser turned the bank’s chronic underperformance into decade-high revenue

Citi’s 5-year comeback: How CEO Jane Fraser turned the bank’s chronic underperformance into decade-high revenue

By Claire ZillmanMay 27, 2026

As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

By Emma HinchliffeMay 27, 2026

Like Bill Gates, this billionaire is cutting his kids inheritance to 8 figures because he’d rather give more to philanthropy than his great-grandkids

Like Bill Gates, this billionaire is cutting his kids inheritance to 8 figures because he’d rather give more to philanthropy than his great-grandkids

By Orianna Rosa RoyleMay 27, 2026

Sam Altman, wearing a suit, speaks in front of a dark red background.

Sam Altman and Dario Amodei are both walking back their AI jobs apocalypse prophecies as they eye blockbuster IPOs

By Sasha RogelbergMay 26, 2026

As China bets its future on AI by cutting arts degrees, Jensen Huang says parents shouldn’t worry about what their kids study

As China bets its future on AI by cutting arts degrees, Jensen Huang says parents shouldn’t worry about what their kids study

By Marco Quiroz-GutierrezMay 26, 2026

Largest study of AI hiring algorithms to date finds ‘clear racial disparities’ — over 25% of Black applicants tainted by bias

Largest study of AI hiring algorithms to date finds ‘clear racial disparities’ — over 25% of Black applicants tainted by bias

By Nick LichtenbergMay 26, 2026

andrew macdonald

Uber burned through its entire 2026 AI budget in four months. Now its COO is questioning whether it’s worth it

By Jake AngeloMay 26, 2026

Bill Winters, chief executive officer of Standard Chartered

After receiving backlash, the CEO of Standard Chartered apologizes for hurt over saying ‘lower value human capital’ will be automated by AI

By Emma BurleighMay 26, 2026

Kevin O’Leary slams people who want work-life balance: ‘I hope they work for my competitors’

Kevin O’Leary slams people who want work-life balance: ‘I hope they work for my competitors’

By Sydney LakeMay 26, 2026

Jensen Huang waving

Nvidia CEO Jensen Huang admits he criticizes everything his 42,000-plus employees show him: ‘You can’t go a day without some criticism’

By Preston ForeMay 26, 2026

Leading without a blueprint: the new reality for European technology chiefs

Leading without a blueprint: the new reality for European technology chiefs

By Aslesha MehtaMay 26, 2026

Fortune 500 Power Moves: Which executives gained and lost power (May 9-22, 2026)

Fortune 500 Power Moves: Which executives gained and lost power (May 9-22, 2026)

By Fortune EditorsMay 26, 2026

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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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By Tatiana SatauaJuly 31, 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

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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By Preston ForeJuly 29, 2026

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