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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

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

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

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 84 of 100

Photo of Sven Beckert

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

AI
Protect your agentic AI before you wreck your agentic AI
By Andrew NuscaJanuary 16, 2026

Ken Griffin and Palm Beach.

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

prison

What hiring someone who served 20 years in prison taught us about loyalty at work

By Brian Koehn and Adam ClaussenJanuary 18, 2026

Photo of Jim Farley

Ford CEO warns there’s a dearth of blue-collar workers able to construct AI data centers and operate factories: ‘Nothing to backfill the ambition’

By Sasha RogelbergJanuary 18, 2026

Exterior view of a large building.

Fortune Archives: How Saks made luxury for the masses

By Indrani SenJanuary 18, 2026

LaurenAntonoff

This CEO has a ‘1950s family structure in reverse’—her husband does the childcare, cooking, and cleaning: ‘I do the making money and paying taxes’

By Preston ForeJanuary 18, 2026

Real Estate
‘They’re going to have to think and act a lot more like hotels’: The new rules of office space now that the ‘genie is out of the bottle on hybrid’
By Jake AngeloJanuary 15, 2026

boardroom

When AI decides how shareholders vote, boards need to rethink governance

By Jane SadowskyJanuary 17, 2026

moreland

Fortune 500 exec: College grads aren’t ready for today’s jobs

By Mary MorelandJanuary 17, 2026

The CEO of Informatica, Amit Walia

Like DoorDash and Google’s CEOs, $7.6 billion Informatica boss is a McKinsey alum—he says being ‘pushed around’ by smart consultants helped him grow

By Emma BurleighJanuary 17, 2026

Logan Paul

Logan Paul tells Gen Z they can turn any passion into a career—he’s turned Pokémon, YouTube, and wrestling into an empire worth millions

By Preston ForeJanuary 17, 2026

trump obama

The Nobel Prize committee doesn’t want Trump getting one, even as a gift—but they treated Obama very differently

By Nick LichtenbergJanuary 16, 2026

Newsletters
Worried about AI taking your job? New Anthropic research shows it’s not that simple
By Sharon GoldmanJanuary 15, 2026

How a series of calculated risks led a BNY executive to the C-suite of America’s oldest bank

How a series of calculated risks led a BNY executive to the C-suite of America’s oldest bank

By Ruth UmohJanuary 16, 2026

Stan Kroenke, wearing a blue suit and sunglasses, smiles.

Bill Gates isn’t even close to America’s largest private landowner. It’s ‘Silent Stan’ Kroenke, Walmart husband and LA Rams owner

By Sasha RogelbergJanuary 16, 2026

When Jamie Dimon poached a top Berkshire exec, he called Warren Buffett, who said ‘If he’s going anywhere, at least he’s going to you’

When Jamie Dimon poached a top Berkshire exec, he called Warren Buffett, who said ‘If he’s going anywhere, at least he’s going to you’

By Marco Quiroz-GutierrezJanuary 16, 2026

Community colleges, associate’s degrees and certificates: Young Americans are interested in everything but a bachelor’s

Community colleges, associate’s degrees and certificates: Young Americans are interested in everything but a bachelor’s

By Tristan BoveJanuary 16, 2026

This CEO says wealthy families pay him $750k to get their kids into Ivy League schools, starting in 5th grade. They’re looking at ‘a centuries-long time horizon’

This CEO says wealthy families pay him $750k to get their kids into Ivy League schools, starting in 5th grade. They’re looking at ‘a centuries-long time horizon’

By Jake AngeloJanuary 16, 2026

Jeffrey Sprecher, President and Founder, CEO of Intercontinental Exchange

Meet the self-made billionaire who bought a nearly bankrupt company off Warren Buffett for $1,000 and turned it into a $98 billion giant

By Emma BurleighJanuary 16, 2026

Fortune 500 Power Moves: Which executives gained and lost power this week, Jan. 10-16, 2026

Fortune 500 Power Moves: Which executives gained and lost power this week, Jan. 10-16, 2026

By Fortune EditorsJanuary 16, 2026

Kevin O'Leary

Shark Tank’s Kevin O’Leary warns job seekers he’ll throw your resume ‘straight in the garbage’ if you have bad WiFi

By Preston ForeJanuary 16, 2026

Jensen Huang tells Stanford students their high expectations may make it hard for them to succeed: ‘I wish upon you ample doses of pain and suffering’

Jensen Huang tells Stanford students their high expectations may make it hard for them to succeed: ‘I wish upon you ample doses of pain and suffering’

By Orianna Rosa RoyleJanuary 16, 2026

Sophia Kianni and Phoebe Gates attend the alice + olivia By Stacey Bendet Pride Event With Performance By Paris Hilton on June 13, 2024 in New York City. (Photo by Dimitrios Kambouris/Getty Images for alice + olivia)

Melinda French Gates told her daughter Phoebe to ‘get up or get out the game’ when investors kept asking about her plans to have kids

By Eleanor PringleJanuary 16, 2026

depa

Adaptability is the new job security and 4 more future AI trends from EY’s global chief innovation officer

By Joe DepaJanuary 16, 2026

Miami-Indiana championship game has fans paying $30,000 a seat

Miami-Indiana championship game has fans paying $30,000 a seat

By Anna J. Kaiser, Michael Smith and BloombergJanuary 16, 2026

verma

Google Meet exec on the knowledge engine hiding in your calendar: meetings become IP

By Awaneesh VermaJanuary 16, 2026

kennedy

‘Star Wars’ gets new chief with Kathleen Kennedy ending lucrative, restless 13 years in rein, Dave Filoni taking over

By Jake Coyle and The Associated PressJanuary 16, 2026

Gen Z

Gen Z’s pursuit of the #RichTok lifestyle sends them to social media for investing advice

By Jacqueline MunisJanuary 16, 2026

kangaroo

In the AI economy, the ‘weirdness premium’ will set you apart. Lean into it, says expert on tech change economics

By Jake Angelo and Nick LichtenbergJanuary 16, 2026

Jamie Dimon, chief executive officer of JPMorgan Chase

Jamie Dimon says his success is down to ‘details, no bullsh**ting, or meetings after meetings’ because complacency is what kills companies

By Eleanor PringleJanuary 16, 2026

Coinbase is late to stocks—but CEO Brian Armstrong says it will win in the long run

Coinbase is late to stocks—but CEO Brian Armstrong says it will win in the long run

By Jeff John RobertsJanuary 16, 2026

AI is becoming baked into health care. Now CEOs are focusing on patient and practitioner outcomes

AI is becoming baked into health care. Now CEOs are focusing on patient and practitioner outcomes

By Diane BradyJanuary 16, 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

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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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