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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
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
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Future of Work
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
Success
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
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
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
Politics
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
Cybersecurity
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
Economy
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
Commentary
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
Health
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
Retail
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.
North America
New York sues to shut down Kalshi, seeks $100,000 for each unauthorized bet
By Camila Grigera NaónJuly 31, 2026
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Netflix co-CEO Ted Sarandos argues its Warner Bros. deal won’t hurt consumers. If so, they can cancel with one click
Big Tech
Netflix co-CEO Ted Sarandos argues its Warner Bros. deal won’t hurt consumers. If so, they can cancel with one click
By Marco Quiroz-GutierrezFebruary 6, 2026
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    AI
    ‘Let a thousand flowers bloom,’ Jensen Huang says. Demanding ROI from AI is like forcing a child to make a business plan for a hobby
    By Nick LichtenbergFebruary 4, 2026
Two young men participate in a meeting.
Success
Meet a 27-year-old software engineer who turned a 1.0 GPA in high school into a six-figure career at American Express
By Jacqueline MunisFebruary 6, 2026
Fortune 500 Power Moves: Which executives gained and lost power this week
C-Suite
Fortune 500 Power Moves: Which executives gained and lost power this week
By Fortune EditorsFebruary 6, 2026
Elon Musk
Success
Even with $850 billion to his name, Elon Musk admits ‘money can’t buy happiness.’ But billionaire Mark Cuban says it’s not so simple
By Preston ForeFebruary 6, 2026
Amazon founder Jeff Bezos
Success
Larry Ellison and Jeff Bezos have seen more than $66 billion swiped from their net worths since the start of this year as AI-driven slump sees tech billionaires’ wealth free-fall
By Emma BurleighFebruary 6, 2026
Sam Altman should take Niklas Östberg’s number: What the Delivery Hero founder doesn’t know about going public and shareholders isn’t worth knowing
Europe
Sam Altman should take Niklas Östberg’s number: What the Delivery Hero founder doesn’t know about going public and shareholders isn’t worth knowing
By Kamal AhmedFebruary 6, 2026
  • Philippines’ first male Olympic gold medalist in history was given a fully furnished $550,000 condo and a lifetime supply of ramen to go with his medals
    Success
    Philippines’ first male Olympic gold medalist in history was given a fully furnished $550,000 condo and a lifetime supply of ramen to go with his medals
    By Orianna Rosa RoyleFebruary 4, 2026
U.S. athlete Daniella Ramirez during a press conference on day five of the Olympic Games in Paris.
Success
Olympic swimmer earns ‘just enough’ to cover her rent. She’s turned to social media for more cash: ‘I make more than five times as much as what I make as an Olympic athlete’
By Orianna Rosa RoyleFebruary 6, 2026
Disney’s Bob Iger achieves an essential feat for outgoing CEOs: giving his successor a clean slate
Newsletters
Disney’s Bob Iger achieves an essential feat for outgoing CEOs: giving his successor a clean slate
By Diane BradyFebruary 6, 2026
Rocket CEO says U.S. mortgage industry is a ‘tale of two cities.’ His booming business shows a broader reality for American homebuyers
Real Estate
Rocket CEO says U.S. mortgage industry is a ‘tale of two cities.’ His booming business shows a broader reality for American homebuyers
By Sydney LakeFebruary 5, 2026
Amodei
Big Tech
Tech giants are shelling out up to $400K for AI evangelists to defend against surging American skepticism
By Jake AngeloFebruary 5, 2026
Palmer Luckey,
Success
Forget a degree—$30 billion defense startup Anduril will fast-track your job application if you can win its AI drone-flying contest
By Preston ForeFebruary 5, 2026
  • In 2026, it’s time for CEOs to rethink HQs and look to Dubai’s playbook for growth
    C-Suite
    In 2026, it’s time for CEOs to rethink HQs and look to Dubai’s playbook for growth
    By Abdulla BelhoulFebruary 4, 2026
desantis
Commentary
Understanding corporate leaders’ muted Minnesota response: the example of Disney, Florida and conservative retaliation
By Alessandro Piazza and The ConversationFebruary 5, 2026
Nestlé CEO Philipp Navratil
Success
Nestlé’s CEO drinks 8 coffees a day, but says Gen Z staffers are his secret to staying sharp by ‘learning constantly’
By Emma BurleighFebruary 5, 2026
grace
Commentary
I’m a 25-year-old founder who loves robots but too many humanoids are militant and creepy-looking. Things need to change—just look at Elon Musk
By Grace BrownFebruary 5, 2026
lewis
Big Tech
Michael Lewis reveals he’s got a deal to write a Sam Altman book—when ChatGPT is ready to write a rival draft
By Nick LichtenbergFebruary 5, 2026
Photo of OpenAI CEO of Applications Fidji Simo.
AI
OpenAI announces Frontier, an AI agent platform for enterprises to power apps like Salesforce and Workday—but could it eventually replace them?
By Sharon GoldmanFebruary 5, 2026
sam wolf
Commentary
Activist investors are more dangerous to CEOs than ever. Here are 3 ways to safeguard your leadership
By Sam WolfFebruary 5, 2026
paul weiss
Law
Epstein’s fondness for elite lawyer ends in downfall
By Tom Schoenberg and BloombergFebruary 5, 2026
karp
Law
Karp steps down as Paul Weiss chairman after Epstein emails
By Meghan Tribe, Tatyana Monnay and BloombergFebruary 5, 2026
besnier
Europe
Tainted baby milk hits billionaire clan’s powerful dairy empire
By Tara Patel and BloombergFebruary 5, 2026
A woman sits and contemplates.
Future of Work
This Gen Z woman applied for 1,000 jobs and offered to cut her own pay because she was ‘really broke and struggling.’ She’s not alone
By Jacqueline MunisFebruary 5, 2026
Less than 10% of employees believe their bosses are demonstrating moral leadership
Newsletters
Less than 10% of employees believe their bosses are demonstrating moral leadership
By Diane BradyFebruary 5, 2026
bunny
North America
Why Bad Bunny is essential to the future of the NFL, even if Trump hates his halftime show
By Jared Bahir Browsh and The ConversationFebruary 4, 2026
Pinterest cracks down on dissent, fires engineers for an internal layoff tool as AI shake-ups keep employees on edge and in line
AI
Pinterest cracks down on dissent, fires engineers for an internal layoff tool as AI shake-ups keep employees on edge and in line
By Marco Quiroz-GutierrezFebruary 4, 2026
Young woman dressed in a suit completing an online payment with her credit card
Economy
Having a college degree still matters for being one of the wealthier Americans, New York Fed says
By Tristan BoveFebruary 4, 2026
f500-2018-united-rentals
Newsletters
Why United Rentals’ CTO tried to break his own AI agent before giving it to thousands of employees
By John KellFebruary 4, 2026
The CEO of $11 billion Oura explains why customers must shell out for subscription fees after paying $349 or more for the ring
C-Suite
The CEO of $11 billion Oura explains why customers must shell out for subscription fees after paying $349 or more for the ring
By Marco Quiroz-GutierrezFebruary 4, 2026
Investing icon Kevin O'Leary
Success
Kevin O’Leary blasts attacks on billionaire entrepreneurs as a ‘huge mistake’—He says they don’t get enough credit for the jobs they’ve created
By Emma BurleighFebruary 4, 2026
disney
Commentary
Disney’s new D’Amaro-land:  a dream team succession saga comes to life
By Jeffrey Sonnenfeld and Stephen HenriquesFebruary 4, 2026
Ryan Lochte
Success
Gold and silver prices have soared in time for the 2026 Olympics—now winning-athlete’s medals will be worth more money than ever with some fetching over $100K
By Preston ForeFebruary 4, 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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