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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

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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

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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

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 23 of 100

Artistic rendering of a hacker trying to gain access to a worker's computer

AI is supercharging cyberattacks—and most companies aren’t ready

By Beatrice NolanJune 9, 2026

Health
Novo Nordisk CEO looks beyond weight loss to longevity and aesthetics
By Madison Muller and BloombergJune 7, 2026

China builds 85% of the world’s humanoids robots for cheap at scale, but finding buyers is tricky

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

tim

Merlin CTO: autonomy can rebuild the foundation of aviation — and national security

By Tim BurnsJune 9, 2026

dewar

I founded McKinsey’s CEO practice: Here’s why operational excellence is a liability right now

By Carolyn DewarJune 9, 2026

noah

This CEO keeps going viral for thirst-trapping journalists with $200k jobs to be head of content. Yes, he’s trying to prove a point

By Nick LichtenbergJune 9, 2026

Boris Cherny, head of Claude Code at Anthropic and Fortune's AI Editor Jeremy Kahn on June 8, 2026 at the Fortune Brainstorm Tech conference in Aspen.

The man behind Claude Code says you’re comparing AI costs to the wrong thing

By Sheryl EstradaJune 9, 2026

AI
Banks lay groundwork for mass workforce cuts as AI takes hold
By Meg Short and BloombergJune 7, 2026

The CEO playbook for a more dangerous world

The CEO playbook for a more dangerous world

By Diane BradyJune 9, 2026

Young woman relaxing on sofa at home, scrolling smartphone

Gen Z hiring manager says boomer bosses are right about her generation’s ‘attitude’ problem after a candidate took the interview from her phone

By Orianna Rosa RoyleJune 9, 2026

Twitch CEO: Social media has become ‘antisocial’ and can’t match the shared, human connection of livestreaming

Twitch CEO: Social media has become ‘antisocial’ and can’t match the shared, human connection of livestreaming

By Sebastian HerreraJune 8, 2026

Two men sitting on chairs on a stage

Your career needs a ‘gym membership’ to keep up with continuous AI advancements, says Campus founder Tade Oyerinde

By Amanda GerutJune 8, 2026

ChatGPT maker OpenAI confidentially files for IPO, a week after Anthropic

Startups & Venture

ChatGPT maker OpenAI confidentially files for IPO, a week after Anthropic

By Bloomberg, Shirin Ghaffary and Bailey LipschultzJune 8, 2026

Success
Gen Zers are arriving at college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates
By Preston ForeJune 7, 2026

As America nears its 250th, roughly half thinks the American Dream isn’t true anymore

As America nears its 250th, roughly half thinks the American Dream isn’t true anymore

By The Associated Press, Gary Fields, Linley Sanders and Nicholas RiccardiJune 8, 2026

Anthropic’s Boris Cherny, creator of Claude Code, says there are days he manages tens of thousands of AI agents at once

Anthropic’s Boris Cherny, creator of Claude Code, says there are days he manages tens of thousands of AI agents at once

By Sharon GoldmanJune 8, 2026

Child struggling with schoolwork

70% of fourth-graders aren’t reading proficiently, report finds—one of several areas where education is failing America’s kids

By Tristan BoveJune 8, 2026

Crowd at Apple's WWDC

Apple debuts Siri AI at WWDC as Tim Cook prepares to hand over the reins

By Beatrice NolanJune 8, 2026

gfhsg

‘We may be flying blind’: AWS wants to fix the problem of AI agents straying off task

By Nick LichtenbergJune 8, 2026

Young people working in an office.

Gen Z might be the flakiest generation when it comes to career and life decisions. They might also be the most intentional

By Tristan BoveJune 8, 2026

SoFi Stadium workers vote to authorize a strike as Los Angeles prepares to host World Cup games

SoFi Stadium workers vote to authorize a strike as Los Angeles prepares to host World Cup games

By The Associated Press and Amy TaxinJune 8, 2026

Jeff Bezos commits himself to make ‘three good decisions a day,’ inspired by Warren Buffett’s philosophy of making smart choices

Jeff Bezos commits himself to make ‘three good decisions a day,’ inspired by Warren Buffett’s philosophy of making smart choices

By Sydney LakeJune 8, 2026

John Furner, CEO, Walmart US

Walmart CEO John Furner says even wealthy shoppers are now shopping at the discount grocery chain as high prices stretch six-figure earners

By Emma BurleighJune 8, 2026

Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there

Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there

By Preston ForeJune 8, 2026

Spotify’s secret to winning the hiring war? Keep your talent moving and growing

Spotify’s secret to winning the hiring war? Keep your talent moving and growing

By Francesca CassidyJune 8, 2026

The women running Europe in 2026

The women running Europe in 2026

By Sam BirchallJune 8, 2026

Citi's Jenn Landis

Jenn Landis rebuilt Citi’s Wall Street credibility. Her reward: CFO of a $22 billion business

By Sheryl EstradaJune 8, 2026

solomon

Exclusive: Goldman Sachs intern acceptance rate falls below 1% for third straight year

By Nick LichtenbergJune 8, 2026

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By Ruth UmohJune 8, 2026

Sarah Franklin, Chief Executive Oﬃcer of Lattice, and Francine Katsoudas, EVP and Chief People, Policy and Purpose Oﬃcer at Cisco, speak at Fortune's COO Summit with Kristin Stoller, Editorial Director at Fortune.

AI disruption arrived 6 years early—now executives are drawing the line

By Kristin StollerJune 8, 2026

In this AI-driven world, Todd Boehly has spotted the best test for leadership. Someone who is willing to say “I don’t know”

In this AI-driven world, Todd Boehly has spotted the best test for leadership. Someone who is willing to say “I don’t know”

By Kamal AhmedJune 8, 2026

Snowflake CEO says there’s a big myth at the heart of every org chart

Snowflake CEO says there’s a big myth at the heart of every org chart

By Diane BradyJune 8, 2026

Tech leaders are moving beyond AI hype: Here’s what’s actually working

Tech leaders are moving beyond AI hype: Here’s what’s actually working

By Francesca CassidyJune 8, 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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