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

3

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

1

The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

2

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

3

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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Studio portrait of Leopold Aschenbrenner
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
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Future of Work
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
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Success
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
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C-Suite
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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
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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
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Asia’s aging population doesn’t have to be a fiscal burden. With smart planning, it can be a growth opportunity
Commentary
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
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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
Retail
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.
North America
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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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
Big Tech
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
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Tech leaders are moving beyond AI hype: Here’s what’s actually working
Europe
Tech leaders are moving beyond AI hype: Here’s what’s actually working
By Francesca CassidyJune 8, 2026
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    What AI is actually good for
    By Maria ColacurcioJune 5, 2026
Novo Nordisk CEO looks beyond weight loss to longevity and aesthetics
Health
Novo Nordisk CEO looks beyond weight loss to longevity and aesthetics
By Madison Muller and BloombergJune 7, 2026
Banks lay groundwork for mass workforce cuts as AI takes hold
AI
Banks lay groundwork for mass workforce cuts as AI takes hold
By Meg Short and BloombergJune 7, 2026
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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
Anthropic CEO Dario Amodei spends 40% of his time on culture, not AI—including a biweekly ‘vision quest’ where he ditches ‘corpo speak’
AI
Anthropic CEO Dario Amodei spends 40% of his time on culture, not AI—including a biweekly ‘vision quest’ where he ditches ‘corpo speak’
By Marco Quiroz-GutierrezJune 7, 2026
Sam Altman and Oliver Mulherin pose
C-Suite
OpenAI’s Sam Altman says his highly disciplined daily routine has ‘fallen to crap’—and now unwinds on weekends at a ranch with no cell phone service
By Jacqueline MunisJune 7, 2026
  • ‘Human creativity is under fire’ says WPP 
    Europe
    ‘Human creativity is under fire’ says WPP 
    By Sam BirchallJune 5, 2026
250
Commentary
America turns 250. Its greatest innovation was never a product — it was a system that let anyone build one
By Keith KrachJune 7, 2026
Allison Sheehan
Success
This Gen Zer got reprimanded at Goldman for making cake videos as the ‘Investment Baker.’ She quit her job and is building a dessert empire
By Emma BurleighJune 7, 2026
High-earning millennials and Gen Zers feel broke and conflicted: ‘I make a good salary, I shouldn’t be struggling this much’
Success
High-earning millennials and Gen Zers feel broke and conflicted: ‘I make a good salary, I shouldn’t be struggling this much’
By Sydney LakeJune 7, 2026
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Retiring at 62 costs the average American $250,000. Here’s the math (and the neuroscience) that explain why
By Jon SabesJune 7, 2026
Howie Headshot1 26
Health
How Howie Mandel turned a panic attack into a mental health movement and helped build a company now worth hundreds of millions
By Catherina GioinoJune 7, 2026
  • Can unions power the AI economy? AFL-CIO’s Liz Shuler thinks so
    Newsletters
    Can unions power the AI economy? AFL-CIO’s Liz Shuler thinks so
    By Diane BradyJune 5, 2026
Natisha Hiedeman, wearing a black and green jersey, celebrates on court.
North America
The Seattle Storm used to be the ‘tail’ on the ‘dog’ of its NBA counterpart. Now the WNBA team is leading the city’s basketball revival
By Sasha RogelbergJune 6, 2026
weiss
Arts & Entertainment
‘We don’t want to see ‘60 Minutes’ die’: the last 3 correspondents say they’re staying at CBS News
By Jocelyn Noveck and The Associated PressJune 6, 2026
Chinese humanoid robots dominate the market with thousands shipped a year. But most are still performative rather than functional
Innovation
Chinese humanoid robots dominate the market with thousands shipped a year. But most are still performative rather than functional
By Chan Ho-Him and The Associated PressJune 6, 2026
Jamie Dimon in a New York skyscraper.
Success
These 12 Fortune 500 companies have survived wars, crashes, and over 200 years of U.S. history
By Preston ForeJune 6, 2026
home
Commentary
One in five homebuyers is a single woman – here’s what’s driving the shift
By Kathy CollinsJune 6, 2026
Gen Z is ditching college for ‘more secure’ trade jobs—but boilermakers and welders actually rank among the worst entry-level jobs
Success
Gen Z is ditching college for ‘more secure’ trade jobs—but boilermakers and welders actually rank among the worst entry-level jobs
By Orianna Rosa RoyleJune 6, 2026
Serena Williams
Success
Serena Williams’ secret to success is about more than talent: You have to grind ‘every day’
By Emma BurleighJune 6, 2026
sa
Commentary
When good money goes bad: the question SpaceX and OpenAI investors aren’t asking
By Rory McDonaldJune 6, 2026
Photo of Elon Musk
AI
Elon Musk bulletproofed his $1 trillion ‘Mars-shot’ pay at SpaceX after the epic battle over his $56 billion moonshot at Tesla
By Amanda GerutJune 6, 2026
Upset frustrated and confused female worker folding hands on chin
Future of Work
A CEO denied raises to spend money on AI instead. Companies have ‘no idea what they’re going to need in a workforce’ when the AI race is over
By Jacqueline MunisJune 6, 2026
boss
Future of Work
AI productivity gains are real but so is bad management: ‘Leaders are really struggling to articulate what the vision and strategy is’
By Sasha RogelbergJune 5, 2026
pelley
Arts & Entertainment
‘I paid the price’: Workers share their Scott Pelley moments of boss talkback — and what it cost them
By Matt Sedensky and The Associated PressJune 5, 2026
broker
Economy
3 warnings from analysts on the truth lurking beneath the ‘barnburner’ jobs report — and why America’s AI hiring crisis is far from over
By Nick LichtenbergJune 5, 2026
Suzy Welch, author and NYU Stern School of Business professor
Success
NYU Stern professor Suzy Welch says the career aspiration to follow your passion is ‘dumb advice’
By Emma BurleighJune 5, 2026
Fortune 500 Power Moves: Which executives gained and lost power (May 23-June 5, 2026)
C-Suite
Fortune 500 Power Moves: Which executives gained and lost power (May 23-June 5, 2026)
By Fortune EditorsJune 5, 2026
Jane Lynch
Success
Former ‘Glee’ star Jane Lynch says the secret to career success isn’t a 10-year plan: ‘Life doesn’t care about your timeline’
By Preston ForeJune 5, 2026
‘Nobody knows what they’re doing’ says Michelle Obama  
Success
‘Nobody knows what they’re doing’ says Michelle Obama  
By Sam BirchallJune 5, 2026
nyse
AI
‘At some point you’ve got to make money’: Goldman’s top AI skeptic warns the clock is running out ahead of OpenAI and Anthropic IPOs
By Nick LichtenbergJune 5, 2026
Anthropic co-founder Jack Clark.
AI
Anthropic warns AI could soon build itself without human involvement—and urges a global pause on development
By Beatrice NolanJune 5, 2026
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Retail
The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in lineplaceholder alt text
By Tatiana SatauaJuly 31, 2026
Big Tech
Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricingplaceholder alt text
By Alexei OreskovicJuly 30, 2026
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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 insteadplaceholder alt text
By Preston ForeJuly 29, 2026
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