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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

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var

The World Cup’s VAR fights are a preview of every company’s AI rollout problem

America fell in love with soccer just as it awakened to the infuriating VAR system. The same dynamic is playing out inside every boardroom.

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

‘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

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?’

By Preston ForeJuly 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

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

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

national guard

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

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

Aliko Dangote is leaving one-third of his $35 billion fortune ‘to humanity’—a rare move among Africa’s billionaires

The pledge amounts to roughly $11.6 billion at today’s valuation, and could grow far larger once his oil refinery goes public.

By Sydney LakeJuly 30, 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

More in Success

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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

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

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

Nordic Wave Cold Plunge Review (2026): Is This Premium Plunge Worth It?

Nordic Wave Cold Plunge Review (2026): Is This Premium Plunge Worth It?

By Christina SnyderJuly 31, 2026

Best Teeth Whitening Kits (2026): Whiten Your Smile at Home

Best Teeth Whitening Kits (2026): Whiten Your Smile at Home

By Christina SnyderJuly 31, 2026

Chair of the Federal Reserve Kevin Warsh speaks during a news conference at the William McChesney Martin Jr. Federal Reserve Board Building in Washington, DC, on July 29, 2026.

The Fed did exactly what Wall Street was expecting—so why are markets so vexed by Kevin Warsh?

By Eleanor PringleJuly 31, 2026

Iran-style hackers shut down a Minnesota town’s water plant. Only the water tower saved it

By Jamie Stengle, Eric Tucker and The Associated PressJuly 31, 2026

More LeadershipPage 16 of 100

The U.S. cut cancer deaths by 34% since 1991—but not in 458 rural counties

By Arthur Cosby and The ConversationJune 23, 2026

Commentary
Saxby Chambliss: America can’t win the AI race without more plumbers and electricians
By Saxby ChamblissJune 22, 2026

college

47% of Harvard seniors admit to cheating — and the problem existed long before ChatGPT

By Austin Sarat and The ConversationJune 23, 2026

work

Workplace Culture

Worker engagement just hit a decade low — and new data from 88 million employees shows why managers are the problem

By Bob Batchelor and The ConversationJune 23, 2026

Young woman shopper in store

As 93% of Americans lean on coupons to get by, Bed Bath & Beyond is splashing out $100K on a home renovation for their thriftiest shopper

By Emma BurleighJune 23, 2026

Matt Freese stopping a soccer ball entering the goal

Team USA’s goalkeeper passed on Manchester United, the club that helped shape David Beckham’s career, for Harvard—and has zero regrets

By Preston ForeJune 23, 2026

Photo of Fiona Fung

Workplace Culture

Anthropic engineering head says Claude Code made employees’ work a ‘lonely experience’—and it could hint at Big Tech’s bigger morale problem

By Sasha RogelbergJune 23, 2026

Newsletters
Why Temasek’s CFO is moving into a new power role
By Angelica AngJune 22, 2026

Mamdani’s bid to become a Democratic socialist kingmaker—and other races to watch in the New York primary

By Anthony Izaguirre and The Associated PressJune 23, 2026

Aidan Gomez with a blue background.

Renting AI from foreign providers is a national security risk, warns Cohere CEO

By Beatrice NolanJune 23, 2026

brett

Middle managers aren’t going extinct—they’re evolving into something more powerful

By Brett HurtJune 23, 2026

vimal

Honeywell CEO: America can lead the energy era defined by AI and hyper-demand — if policy moves fast enough

By Vimal KapurJune 23, 2026

Man working on a laptop from home with his dog sitting next to him

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

By Orianna Rosa RoyleJune 23, 2026

C-Suite
AI is turning CMOs into some of the most powerful executives in business
By Ruth UmohJune 22, 2026

gen z

Gen Z: if you want to succeed at work, you need to start friction-maxxing

By Michelle SobelJune 23, 2026

Cooley CEO: Big Law won’t survive if it treats AI as just an efficiency tool

By Rachel ProffittJune 23, 2026

Saudi Aramco’s chairman calls for “energy realism”

Saudi Aramco’s chairman calls for “energy realism”

By Melissa HancockJune 23, 2026

najwa

Technology Innovation Institute: AI agents need proof, not promises

By Najwa AarajJune 23, 2026

The CEO with real-time data on 1 in 6 American workers says stop worrying about jobs—and start thinking about tasks

The CEO with real-time data on 1 in 6 American workers says stop worrying about jobs—and start thinking about tasks

By Diane BradyJune 23, 2026

‘This is the least crazy AI is ever going to be’: The lessons Europe’s execs must take from Anthropic’s shutdown

‘This is the least crazy AI is ever going to be’: The lessons Europe’s execs must take from Anthropic’s shutdown

By Sam BirchallJune 23, 2026

duck

Mexico City’s unofficial duck soccer mascot stole the presidential press briefing

By The Associated PressJune 22, 2026

jalen

What leaders can learn from the Knicks ending their 53-year championship drought

By Melissa Dawn SimkinsJune 22, 2026

Drowning in AI: Companies are launching hundreds of projects, and that’s a problem

Drowning in AI: Companies are launching hundreds of projects, and that’s a problem

By Jeff John RobertsJune 22, 2026

Sony industry starmaker Clive Davis, who launched the careers of Janis Joplin and Whitney Houston, dead at 94

Arts & Entertainment

Sony industry starmaker Clive Davis, who launched the careers of Janis Joplin and Whitney Houston, dead at 94

By The Associated Press, Mark Sherman and NEKESA MUMBI MOODYJune 22, 2026

Elon Musk will get a billion shares of SpaceX if he can settle a million humans on Mars

Startups & Venture

Elon Musk will get a billion shares of SpaceX if he can settle a million humans on Mars

By Catherina GioinoJune 22, 2026

America has a $4 trillion retirement crisis and half of workers could run out of money. TIAA’s CEO wants ‘guaranteed lifetime income’ to fix it

America has a $4 trillion retirement crisis and half of workers could run out of money. TIAA’s CEO wants ‘guaranteed lifetime income’ to fix it

By Fortune EditorsJune 22, 2026

Thibault Sottiaux, Head of Core Product and Platform OpenAI, speaking.

OpenAI’s new ‘super app’ boss hopes to persuade users and potential IPO investors that the company is about way more than just chat

By Beatrice NolanJune 22, 2026

Reassuring dad sits with frustrated adult son

A record 1 in 3 Gen Z and young millennials were still living with their parents in 2025—more than during the pandemic—despite most having a job

By Emma BurleighJune 22, 2026

Photo of Brian Moynihan

By 7 a.m., Bank of America’s CEO has already read 5 newspapers, his email inbox, and hit the gym—he says if you’re late to meetings, you’re ‘selfish’

By Preston ForeJune 22, 2026

Alcohol consumption is tanking among youths, so wine brands are chasing Gen Z with NASCAR and WWE partnerships

Alcohol consumption is tanking among youths, so wine brands are chasing Gen Z with NASCAR and WWE partnerships

By The Associated PressJune 22, 2026

Americans are fleeing the U.S. at record rates—an ex-Google engineer who left India to build a $7.2 billion AI firm says they’re making a huge mistake

Americans are fleeing the U.S. at record rates—an ex-Google engineer who left India to build a $7.2 billion AI firm says they’re making a huge mistake

By Orianna Rosa RoyleJune 22, 2026

Delphine Viguier-Hovasse, chief innovation and prospective officer at L’Oréal speaking at a conference

Forget speed: L’Oréal’s innovation chief says AI rewards companies with history

By Francesca CassidyJune 22, 2026

Three coworkers sit around a computer.

The executive assistant role isn’t dying. It’s getting promoted

By Kristin StollerJune 22, 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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