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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

Workplace Culture

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The power couple of AI is getting married in Carmel, days after groom Leopold Aschenbrenner’s hedge fund nearly blew up

Leopold Aschenbrenner sold the bulk of his firm, Situational Awareness, to Citadel at a discount, then offered investors one-on-one calls during his honeymoon.

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

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

‘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

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

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

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

Asia’s aging population doesn’t have to be a fiscal burden. With smart planning, it can be a growth opportunity

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

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

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

More LeadershipPage 22 of 100

‘Oh God, no! Not another thing’: What Anthropic’s Mythos-class Fable 5 means for CEOs trying to govern AI

‘Oh God, no! Not another thing’: What Anthropic’s Mythos-class Fable 5 means for CEOs trying to govern AI

By Diane BradyJune 11, 2026

AI
AI is supercharging cyberattacks—and most companies aren’t ready
By Beatrice NolanJune 9, 2026

How the World Cup is a high-stakes stage for Big Tech’s AI push

How the World Cup is a high-stakes stage for Big Tech’s AI push

By John KellJune 10, 2026

Anthropic walks back covert capability limits on Claude Fable 5 after being accused of ‘secret sabotage’ by AI researchers and developers

Anthropic walks back covert capability limits on Claude Fable 5 after being accused of ‘secret sabotage’ by AI researchers and developers

By Sharon GoldmanJune 10, 2026

A 5-week course and a guaranteed job: Meta commits $115 million to solve the skilled-trades shortage stalling its AI build-out

A 5-week course and a guaranteed job: Meta commits $115 million to solve the skilled-trades shortage stalling its AI build-out

By Jacqueline MunisJune 10, 2026

Xbox CEO Asha Sharma

Xbox’s CEO spent her early career taking out trash and selling coupon books—she says the secret to her rise was never obsessing over a dream career

By Preston ForeJune 10, 2026

Boris Cherny, Head of Claude Code

The architect behind Claude Code reveals the three things Anthropic looks for in a good hire—and why people with low ego are a must

By Emma BurleighJune 10, 2026

Innovation
China builds 85% of the world’s humanoids robots for cheap at scale, but finding buyers is tricky
By The Associated Press and Chan Ho-HimJune 9, 2026

Meryl Streep says she was ‘ready to retire’ when the call for ‘Devil Wears Prada’ came—so she demanded they double her salary or nothing

Meryl Streep says she was ‘ready to retire’ when the call for ‘Devil Wears Prada’ came—so she demanded they double her salary or nothing

By Orianna Rosa RoyleJune 10, 2026

knicks

‘Knicks in 6. 2026 NBA Finals’: Why did this New Yorker make a prophecy in his 2020 high school yearbook?

By Philip Marcelo and The Associated PressJune 10, 2026

platner

Graham Platner easily prevails over attempts to derail progressive Senate candidacy in Maine

By Patrick Whittle, Kimberlee Kruesi and The Associated PressJune 10, 2026

Businesswoman working at desk with laptop and documents in office

Finance teams can’t quit Excel. Workday wants to change that with AI

By Sheryl EstradaJune 10, 2026

Jamie Laing thinks tomorrow’s Fortune 500 will be built by creators. He might be right

Jamie Laing thinks tomorrow’s Fortune 500 will be built by creators. He might be right

By Sam BirchallJune 10, 2026

Commentary
Merlin CTO: autonomy can rebuild the foundation of aviation — and national security
By Tim BurnsJune 9, 2026

Health care’s AI dividend is real. The fight now is over who reaps the gains

Health care’s AI dividend is real. The fight now is over who reaps the gains

By Diane BradyJune 10, 2026

Saudi economy redraws ambitions—‘going local’ is the new buzz phrase

Saudi economy redraws ambitions—‘going local’ is the new buzz phrase

By Melissa HancockJune 10, 2026

Man in a white shirt and jacket.

Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45

By Amanda GerutJune 9, 2026

AI isn’t replacing Hyatt’s salespeople—it’s freeing up a full day of work every week, according to the CEO

AI isn’t replacing Hyatt’s salespeople—it’s freeing up a full day of work every week, according to the CEO

By Sharon GoldmanJune 9, 2026

The AI industry spent years chasing bigger models. Now it’s chasing efficiency

The AI industry spent years chasing bigger models. Now it’s chasing efficiency

By Sharon GoldmanJune 9, 2026

Xbox CEO Asha Sharma speaks on stage at Fortune Brainstorm Tech 2026.

‘Not an Allbirds Moment’: Xbox’s new CEO says she is grounding the console in gaming roots, not AI

By Sebastian HerreraJune 9, 2026

BP’s new CEO Meg O’Neill rips up the energy giant’s playbook—and the ‘green’ era with it

BP’s new CEO Meg O’Neill rips up the energy giant’s playbook—and the ‘green’ era with it

By Jordan BlumJune 9, 2026

Three people having a seated discussion

‘Getting control where we can’: Europe wants sovereign AI, but most of the chips are from the U.S.

By Amanda GerutJune 9, 2026

Opening offices in 120 countries is ‘not a badge of honor’—pick 30 instead says iconic former tech CEO

Opening offices in 120 countries is ‘not a badge of honor’—pick 30 instead says iconic former tech CEO

By Jeff John RobertsJune 9, 2026

penn

‘I’m not focused on names at all’: Rumors of Trump Station replacing Penn Station in New York batted aside

By Philip Marcelo and The Associated PressJune 9, 2026

Alex Karp

Palantir CEO Alex Karp says executives who brag about their AI cuts might as well ‘sign up for the Bernie Sanders manifesto’

By Preston ForeJune 9, 2026

Stephen Schwarzman’s grandfather inspired the Blackstone billionaire’s philanthropy: It was ‘his privilege to help others in need’

Stephen Schwarzman’s grandfather inspired the Blackstone billionaire’s philanthropy: It was ‘his privilege to help others in need’

By Sydney LakeJune 9, 2026

wood

One of America’s greatest historians just died at 92 after being hit by a car in a supermarket parking lot

By Hillel Italie and The Associated PressJune 9, 2026

Teenage boy on laptop

Around 22 million teenagers are making their pocket money on video games, online reselling, and in-game platforms like Roblox

By Emma BurleighJune 9, 2026

MIT researchers made a wristband to teach robots how to do housework and surgery

MIT researchers made a wristband to teach robots how to do housework and surgery

By The Associated Press and Rodrique NgowiJune 9, 2026

Artistic drawing of two employees using several tools at once

Why dbt Labs CEO views AI efficiency and creativity as the same thing

By Sage LazzaroJune 9, 2026

Reward or threat? Omnisend offers quarterly raises for employees who use AI to drive business impact—and says those who don’t will get left behind

Reward or threat? Omnisend offers quarterly raises for employees who use AI to drive business impact—and says those who don’t will get left behind

By Sage LazzaroJune 9, 2026

Artistic rendering of complex systems being simplified by two workers

How Lumen’s ‘maniacal focus’ on KPIs drove measurable AI impact across use cases and the company at large

By Sage LazzaroJune 9, 2026

AI agents are flattening corporate hierarchies. Here’s how companies—and managers—can develop a new playbook

AI agents are flattening corporate hierarchies. Here’s how companies—and managers—can develop a new playbook

By Sharon GoldmanJune 9, 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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