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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

Leadership

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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 83 of 100

Jensen Huang

Nvidia CEO Jensen Huang says ‘a lot’ of six-figure jobs in plumbing and construction are about to be unlocked because someone needs to build all these new AI centers

By Preston ForeJanuary 21, 2026

Economy
This Harvard professor spent 8 years traveling the world researching the secret history of capitalism and how ‘marginal’ and ‘weak’ it used to be
By Nick LichtenbergJanuary 18, 2026

Protestors at the WEF in Davos

Nearly 400 millionaires and billionaires across 24 countries are demanding Davos leaders tax them more: ‘Tax us. Tax the super rich.’

By Emma BurleighJanuary 21, 2026

huang

Jensen Huang says AI bubble fears are dwarfed by ‘the largest infrastructure build-out in human history’

By Nick Lichtenberg and Beatrice NolanJanuary 21, 2026

Jamie Dimon, chief executive officer of JPMorgan Chase & Co

Jamie Dimon tells Davos: ‘You didn’t do a particularly good job making the world a better place’

By Eleanor PringleJanuary 21, 2026

Yasmeen

Google Cloud exec on software’s great reset and the end of certainty: we’re shifting from predictability to probability

By Yasmeen AhmadJanuary 21, 2026

buffett

Warren Buffett’s successor’s first major move may be to unwind one of his biggest investments: Kraft Heinz

By Josh Funk and The Associated PressJanuary 21, 2026

Success
Step inside ‘Billionaire’s Beach,’ where the world’s richest people are flocking to buy mega mansions and Donald Trump would be your neighbor
By Emma BurleighJanuary 18, 2026

Match Group says a ‘readiness paradox’ is crippling Gen Z in dating: Fear of hard-launching on Instagram is making it worse

Match Group says a ‘readiness paradox’ is crippling Gen Z in dating: Fear of hard-launching on Instagram is making it worse

By Sydney LakeJanuary 21, 2026

CEOs at Davos are buying into the agentic AI hype

CEOs at Davos are buying into the agentic AI hype

By Alyson ShontellJanuary 21, 2026

Photo of Tim Cook, Apple CEO.

Apple tops the 2026 World’s Most Admired Companies list—finishing No. 1 for the 19th year in a row

By Matthew Heimer and Scott DeCarloJanuary 21, 2026

Davos

The world needs 8.5x higher GDP to give everyone a Swiss standard of living. As leaders gather in Davos, fear of growth holds this back

By Chris Bradley, Nick Leung and Sven SmitJanuary 21, 2026

louisa

Davos 2026: reading the signals, not the headlines

By Louisa LoranJanuary 21, 2026

Commentary
What hiring someone who served 20 years in prison taught us about loyalty at work
By Brian Koehn and Adam ClaussenJanuary 18, 2026

benioff

Billionaire Marc Benioff challenges the AI sector: ‘What’s more important to us, growth or our kids?’

By Jake AngeloJanuary 20, 2026

Photo of a Davos attendee

Trust has become the crisis CEOs can’t ignore at Davos, as new data show 70% of people turning more ‘insular’

By Diane BradyJanuary 20, 2026

nadella

Satya Nadella’s biggest AI bubble warning yet is a challenge to the Fortune 500: It’s time to reinvent the knowledge worker

By Jake AngeloJanuary 20, 2026

What Walmart’s CEO succession reveals about the smartest time to exit

What Walmart’s CEO succession reveals about the smartest time to exit

By Ruth UmohJanuary 20, 2026

Image of various nation's flags over the World Economic Forum sign in Davos.

At Davos, AI hype gives way to focus on ROI

By Jeremy KahnJanuary 20, 2026

ICE

How you, the American taxpayer, funded an army-scale supersizing of ICE: ‘Trump is militarizing immigration enforcement’

By Lisa Mascaro and The Associated PressJanuary 20, 2026

Marc Andreessen

Billionaire Marc Andreessen spends 3 hours a day listening to podcasts and audiobooks—that’s nearly an entire 24-hour day each week

By Preston ForeJanuary 20, 2026

Woman driving truck

Truck driving is among the best jobs to have right now, Indeed says—it pays $160,000, with no degree required

By Emma BurleighJanuary 20, 2026

Forget the four-day workweek: Despite what Bill Gates and Elon Musk predict, the CEO of the world’s largest workspace provider says it’s not happening

Forget the four-day workweek: Despite what Bill Gates and Elon Musk predict, the CEO of the world’s largest workspace provider says it’s not happening

By Orianna Rosa RoyleJanuary 20, 2026

Last year, AI hype wowed Davos. This year, leaders are obsessing over how to use the technology at scale

Last year, AI hype wowed Davos. This year, leaders are obsessing over how to use the technology at scale

By Jeremy Kahn and Claire ZillmanJanuary 20, 2026

kande

PwC’s global chairman says most leaders have forgotten ‘the basics’ as new research shows 56% are still getting ‘nothing’ out of AI adoption

By Diane Brady and Nick LichtenbergJanuary 19, 2026

Elon Musk, wearing a suit, looks to the side and frowns.

Elon Musk says that in 10 to 20 years, work will be optional and money will be irrelevant thanks to AI and robotics

By Sasha RogelbergJanuary 19, 2026

mohamad ali

I lead IBM Consulting, here’s how AI-first companies must redesign work for growth

By Mohamad AliJanuary 19, 2026

Every Friday, Barry’s chairman meets with people who sent him cold emails asking for career advice—‘even random people on LinkedIn’

Every Friday, Barry’s chairman meets with people who sent him cold emails asking for career advice—‘even random people on LinkedIn’

By Orianna Rosa RoyleJanuary 19, 2026

Trump and his Greenland threats are set to dominate a high-stakes World Economic Forum in Davos

Trump and his Greenland threats are set to dominate a high-stakes World Economic Forum in Davos

By Diane Brady and Claire ZillmanJanuary 19, 2026

ravi

Learning and work are converging in an integrated new life template for the AI era

By Ravi Kumar SJanuary 19, 2026

USAA CEO Juan C. Andrade

Half of veterans leave their first post-military jobs in less than a year, and spouses face sky-high unemployment—this CEO has a $500 million fix

By Emma BurleighJanuary 19, 2026

dusek

Geoeconomics is the new geopolitics: Playing offense in the new economy

By Mirek DusekJanuary 19, 2026

typewriter

Meet a 28-year-old Canadian woman who turned her pen-pal side hustle into a subscription side hustle with over 1,000 members

By Cheyanne Mumphrey and The Associated PressJanuary 18, 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

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

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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