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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

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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

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

Workplace Culture

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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’

The billionaire says that learning to be kinder has been his greatest professional struggle.

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

laptop

The post-pandemic classroom is quietly ditching the laptop-for-every-kid model

By Janice Mak and The ConversationJuly 31, 2026

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

By Fortune EditorsJuly 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

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

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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

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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

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An Apple flagship store

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

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

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

The iPhone maker said severe constraints in the supply chain will affect sales of iPhones, Macs, and iPads in the current quarter.

By Alexei OreskovicJuly 30, 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

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Workplace Culture

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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

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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

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New York sues to shut down Kalshi, seeks $100,000 for each unauthorized bet

By Camila Grigera NaónJuly 31, 2026

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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

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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

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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 86 of 100

Warren Buffett on the phone

Gen X CEO uses AI versions of Steve Jobs and Warren Buffett as a ‘fantasy board of directors’ to help him prepare for meetings and performance reviews

By Preston ForeJanuary 13, 2026

Success
CEO coach to the Fortune 500: The most powerful way to tackle 2026 is assuming you’ll live till 130
By Bill HoogterpJanuary 10, 2026

Photo of MacKenzie Scott

MacKenzie Scott is using her $26 billion philanthropy push to rescue organizations in danger after the Trump administration’s funding cuts

By Sydney LakeJanuary 13, 2026

Jimmy Donaldson, also known as MrBeast

Despite his $2.6 billion net worth, MrBeast says he’s having to borrow cash and doesn’t even have enough money in his bank account to buy McDonald’s

By Emma BurleighJanuary 13, 2026

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‘Hybrid creep’ is the latest trick bosses are using to get workers back in the office

By Nick LichtenbergJanuary 13, 2026

Mercor Founders - Adarsh Hiremath, Brendan Foody

Chief people officers—and Jamie Dimon—say AI can’t learn ‘human skills.’ The world’s youngest self-made billionaires want to prove them wrong

By Jake AngeloJanuary 13, 2026

Elon Musk shares 4 bold predictions for the future of work: Robot surgeons in 3 years, immortality, and no need for retirement savings

Elon Musk shares 4 bold predictions for the future of work: Robot surgeons in 3 years, immortality, and no need for retirement savings

By Orianna Rosa RoyleJanuary 13, 2026

Investing
Asia’s cash savings are double the U.S. rate. Fintech platforms like Syfe want to change that
By Angelica AngJanuary 9, 2026

The oil CEO who stood up to Trump is a follower of the disciplined ‘Exxon way’ and has a history of blunt statements

The oil CEO who stood up to Trump is a follower of the disciplined ‘Exxon way’ and has a history of blunt statements

By Jordan BlumJanuary 13, 2026

mackenzie

Billionaire philanthropist MacKenzie Scott donates $45 million to LGBTQ+ youth hotline organization, The Trevor Project

By Thalia Beaty and The Associated PressJanuary 12, 2026

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Just like during Great Recession-era job struggle, Gen Z graduates are pouring into education as Teach For America reports a 43% surge in new teachers

By Emma BurleighJanuary 12, 2026

Acquisition.com CEO says leaders ‘have it backwards’ when it comes to hiring: She says she hires for emotional intelligence over technical skills

Acquisition.com CEO says leaders ‘have it backwards’ when it comes to hiring: She says she hires for emotional intelligence over technical skills

By Jacqueline MunisJanuary 12, 2026

Sergey Brin

Google’s Sergey Brin admits he’s hiring ‘tons’ of workers without degrees: ‘They just figure things out on their own in some weird corner’

By Preston ForeJanuary 12, 2026

Success
Bill Gates donated record $8 billion to Melinda French Gates’ foundation as part of their divorce settlement
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Photo of Jeff Bezos

Jeff Bezos tells Gen Z entrepreneurs to gain work experience before launching new companies: ‘I started Amazon when I was 30’

By Sydney LakeJanuary 12, 2026

How luxury homebuilding giant Toll Brothers took the drama out of CEO succession

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By Ruth UmohJanuary 12, 2026

Women sits at a desk looking at her laptop.

Employees are using ‘2025 tools inside 2015 job structures,’ a new Workday study says

By Kristin StollerJanuary 12, 2026

barbie

Workplace Culture

Meet autistic Barbie: the newest Mattel doll launched in line intended to celebrate diversity

By Anne D'Innocenzio and The Associated PressJanuary 12, 2026

Help Fortune uncover Europe’s Most Innovative Companies 2026

Help Fortune uncover Europe’s Most Innovative Companies 2026

By Fortune EditorsJanuary 12, 2026

One reason CEOs tie layoffs to AI? It motivates remaining employees to adopt the technology

One reason CEOs tie layoffs to AI? It motivates remaining employees to adopt the technology

By Diane BradyJanuary 12, 2026

Eric Vaughan

This CEO laid off nearly 80% of his staff because they refused to adopt AI fast enough. 2 years later, he says he’d do it again

By Nick LichtenbergJanuary 11, 2026

kathy fang

From Merrill Lynch to wok station: the daughter of San Francisco’s Chinese food dynasty who defied her parents—by working alongside them

By Nick LichtenbergJanuary 11, 2026

Justin Harlan

I run one of America’s most successful remote work programs and the critics are right. Their solutions are all wrong, though

By Justin HarlanJanuary 11, 2026

A major factor in Gen Z and millennial divorce is ‘financial future faking.’ It’s like long-term partner catfishing about money

Personal Finance

A major factor in Gen Z and millennial divorce is ‘financial future faking.’ It’s like long-term partner catfishing about money

By Sydney LakeJanuary 11, 2026

Ryan Serhant

Ryan Serhant started his career hand modeling for $150 an hour—it paid for his real estate license, and now he sells 9-figure penthouses to billionaires

By Preston ForeJanuary 11, 2026

1 in 3 college grads admit their degrees weren’t financially worth it—many can’t save for a first home or even retirement because they’re drowning in debt

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By Orianna Rosa RoyleJanuary 11, 2026

Thousands protest in Minneapolis after deadly ICE shooting as agents continue raids throughout city. ‘We’re all living in fear right now’

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By Rebecca Santana and The Associated PressJanuary 10, 2026

Top University of Minnesota grads are ‘at least as good, maybe better’ than the best and brightest from Harvard, former Goldman Sachs CEO says

Top University of Minnesota grads are ‘at least as good, maybe better’ than the best and brightest from Harvard, former Goldman Sachs CEO says

By Jason MaJanuary 10, 2026

education

Minneapolis is so unsafe in the ICE shooting aftermath that families can choose remote learning for their kids for the next month

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cappelli

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By Nick LichtenbergJanuary 10, 2026

Netflix’s $82.7 billion rags-to-riches story: How the DVD-by-mail company swallowed Hollywood

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By Natalie JarveyJanuary 10, 2026

An exec at $62 billion giant Colgate says Gen Z workers, despite getting flak for being woke and lazy, are actually ‘pushing us to get better’

An exec at $62 billion giant Colgate says Gen Z workers, despite getting flak for being woke and lazy, are actually ‘pushing us to get better’

By Emma BurleighJanuary 10, 2026

L’Oreal exec tells Gen Z new hires to be that person who grabs their manager’s coffee—instead of making you look junior, she says it can get you noticed

L’Oreal exec tells Gen Z new hires to be that person who grabs their manager’s coffee—instead of making you look junior, she says it can get you noticed

By Orianna Rosa RoyleJanuary 10, 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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