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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

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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

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

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 27 of 100

He sent out 3,200 résumés and got zero job offers in the 2008 crash. Now Outdoor Boys’ Luke Nichols is telling grads how he survived

He sent out 3,200 résumés and got zero job offers in the 2008 crash. Now Outdoor Boys’ Luke Nichols is telling grads how he survived

By Sydney LakeJune 2, 2026

Commentary
I built a startup from scratch and still nearly died because of a broken healthcare system. That’s why I’m running for Congress
By Jonathan TrebleMay 31, 2026

Jeff Bezos has a 25-year-old hack for stress—and it has nothing to do with your workload or a bad job market. ‘People get stress wrong all the time’

Jeff Bezos has a 25-year-old hack for stress—and it has nothing to do with your workload or a bad job market. ‘People get stress wrong all the time’

By Orianna Rosa RoyleJune 2, 2026

Ravi Kumar S.

Cognizant CEO is swimming against the tide on AI: he’s hiring over 20,000 graduates this year and says AI tokenmaxxing is a ‘vanity metric’

By Preston ForeJune 1, 2026

The automation illusion: Why AI is making COOs’ jobs harder, not easier

By Nick LichtenbergJune 1, 2026

Sid Kosaraju, President, Crisis24 (confirmed) Jacob Silverman, Chief Executive Officer, Kroll (confirmed) (June 1 only) Moderator: Ruth Umo

Grey rhinos, black swans, and the kidnapping of Nancy Guthrie: What Corporate America still gets wrong about risk

By Nick LichtenbergJune 1, 2026

The ‘godfather of AI’ says we’re not just creating new beings — they’ll be much smarter than us, and soon

By Nick LichtenbergJune 1, 2026

Success
This viral recruiter says Gen Z isn’t lazy. Corporate America is just mad they’re harder to manipulate
By Jake AngeloMay 31, 2026

‘Nobody’s safe’: Cognizant projected 90% of jobs would be disrupted by 2032—but we’re beyond it 6 years early

‘Nobody’s safe’: Cognizant projected 90% of jobs would be disrupted by 2032—but we’re beyond it 6 years early

By Preston ForeJune 1, 2026

okta

Okta’s President and COO says companies are in denial about the hardest part of the AI revolution: redesigning work itself

By Nick LichtenbergJune 1, 2026

Warren Buffett, Chairman and CEO of Berkshire Hathaway, makes his way to a morning session at the Allen & Company Sun Valley Conference on July 13, 2023 in Sun Valley, Idaho

Buffett says Abel ‘has launched’ with his first big Berkshire deal: an $8.5 billion housing bet

By Eva RoytburgJune 1, 2026

Gen Z is losing the most in the AI economy—and Goldman warns it’s about to get worse

By Nick LichtenbergJune 1, 2026

AI will turn all of your hotel experiences into luxury ones

Travel & Leisure

AI will turn all of your hotel experiences into luxury ones

By Catherina GioinoJune 1, 2026

Commentary
Bill Nye: Companies say there’s a skills gap. They’re wrong — and students can prove it
By Bill NyeMay 31, 2026

job

As loyal Boomers win and job-switching Gen Zers lose, the labor market of 2026 reveals a decade of bad career advice

By Nick LichtenbergJune 1, 2026

New Fed study shows remote work, not AI, is driving higher unemployment in younger workers

New Fed study shows remote work, not AI, is driving higher unemployment in younger workers

By The Associated Press and Christopher RugaberJune 1, 2026

Torsten Slok, chief economist of Apollo Management

Apollo chief economist says there’s ‘zero evidence’ AI is killing jobs—in fact, he says it’s creating them

By Emma BurleighJune 1, 2026

Arts & Entertainment

Ann Patchett opened a bookstore everyone said would fail. Now it’s a blueprint

By Hillel Italie and The Associated PressJune 1, 2026

Fortune Editorial Director Kristin Stoller chats with Pepsico chief people officer Becky Schmitt

Robots screening robots: Inside the AI arms race reshaping hiring

By Kristin StollerJune 1, 2026

kominers

Exclusive: Economists have been teaching an unproven proof for 50 years. AI just solved it

By Nick LichtenbergJune 1, 2026

A SpaceX-Tesla union would mark the largest merger of all time. But does the math work?

A SpaceX-Tesla union would mark the largest merger of all time. But does the math work?

By Sheryl EstradaJune 1, 2026

The hottest job below CEO comes with 4 distinct career tracks

The hottest job below CEO comes with 4 distinct career tracks

By Ruth UmohJune 1, 2026

From GE’s hot seat to Substack: Jeff Immelt reflects on a new chapter and why now is the time to get candid

From GE’s hot seat to Substack: Jeff Immelt reflects on a new chapter and why now is the time to get candid

By Diane BradyJune 1, 2026

Fortune COO Summit 2026 livestream

By Fortune EditorsJune 1, 2026

How Kelly Ortberg is rebuilding Boeing from the inside out

How Kelly Ortberg is rebuilding Boeing from the inside out

By Shawn TullyJune 1, 2026

brian

Billionaires already couldn’t talk to their grandchildren. Now they’re on opposite sides of the AI divide

By Nick LichtenbergJune 1, 2026

‘Being married is hard’: Graham Platner’s wife rips media reports of her husband’s sexual texts as ‘gossip’

By Jesse Bedayn, Kimberlee Kruesi and The Associated PressMay 31, 2026

Berkshire Hathaway to buy Taylor Morrison for $6.8 billion

Berkshire Hathaway to buy Taylor Morrison for $6.8 billion

By Paige Smith, Alexandre Rajbhandari and BloombergMay 31, 2026

peter thiel

Forget the STEM safety net. Peter Thiel warns AI is a bigger threat to technical roles than to creative thinkers

By Jake AngeloMay 31, 2026

Workday CEO Carl Eschenbach

Ex-Workday CEO says his career took off after he changed his attitude—and Amazon boss Andy Jassy swears by the same mindset hack

By Preston ForeMay 31, 2026

CEOs blame AI for layoffs, but an MIT professor says it fits a long-running pattern to find a cover story. ‘They’ve been saying that for 20 years’

CEOs blame AI for layoffs, but an MIT professor says it fits a long-running pattern to find a cover story. ‘They’ve been saying that for 20 years’

By Marco Quiroz-GutierrezMay 31, 2026

Arts & Entertainment

Why the economy forces boomers to work longer, then vilifies them for it

By Lee Ann Rawlins Williams and The ConversationMay 31, 2026

Allison Danielsen is CEO, Tallo.

My wrist injury derailed my college plans. It’s why I’m a CEO today

By Allison DanielsenMay 31, 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

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

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

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