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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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Millennials say they’ll refuse to care for aging boomer parents—but they’ll be forced to as their inheritance shrinks to 40 cents on the dollar

3

'Retiring backwards': How cold economic reality forced Gen X into something like the reverse of baby boomers' golden years

1

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

2

Millennials say they’ll refuse to care for aging boomer parents—but they’ll be forced to as their inheritance shrinks to 40 cents on the dollar

3

'Retiring backwards': How cold economic reality forced Gen X into something like the reverse of baby boomers' golden years
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Elon Musk’s fortune slumps to pre-SpaceX IPO levels after rout
Elon Musk’s fortune slumps to pre-SpaceX IPO levels after rout

Musk’s wealth, which peaked at about $1.33 trillion on June 16, now stands at $684 billion.

By Tom Maloney and BloombergAugust 1, 2026
A dead SpaceX rocket that’s been adrift for over a year is about to slam into the moon, carving out a new crater with the equivalent of 3 tons of TNT
A dead SpaceX rocket that’s been adrift for over a year is about to slam into the moon, carving out a new crater with the equivalent of 3 tons of TNT
By Marcia Dunn and The Associated PressAugust 1, 2026
Jensen Huang
Jensen Huang says ‘a lot’ of six-figure jobs in plumbing and construction will soon be unlocked because someone needs to build new AI centers
By Preston ForeAugust 1, 2026
250
America bet everything on trust 250 years ago. That bet is being tested again
By Keith KrachAugust 1, 2026
wh
4 teen suicides spark new lawsuit against Meta, TikTok, Snap, YouTube
By Kaitlyn Huamani, Barbara Ortutay and The Associated PressAugust 1, 2026
t
Trump to start selling early access to his social media: ‘For the big guys, it’s going to be something they need’
By Bernard Condon, Brian Slodysko and The Associated PressAugust 1, 2026
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Big Tech
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Golfer in white hat
Amazon’s Andy Jassy sees a $1 trillion cloud built on businesses like the PGA Tour—which swapped its server trucks for AI broadcasts 

AWS just posted $42.2 billion in revenue with its fastest growth in 18 quarters and the AI platform saw more spending last quarter than in every prior quarter since launch combined.

By Amanda GerutAugust 1, 2026
LinkedIn adds a ‘seems like AI slop’ button after blocking billions of automated comment attempts in the last few months

“AI slop is a top priority for all of us,” said LinkedIn chief product officer Hari Srinivasan in a post.

By Marco Quiroz-GutierrezJuly 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
After a nearly 1,000% surge, the AI debt orgy can’t last forever, while hidden borrowing has exploded to $1.65 trillion

“At some point, the rivers of capital financing private and government debt issuance will flow less freely.”

By Jason MaJuly 31, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
A creator sells shoes on a livestream auction.
‘People can go from zero to 100’: How Gen Z is raking in $260,000 per month on a livestream auction app

Cofounders Abhinavan Thanendran and Neil Shah started as “work buddies.” Now they are leading a $50 million-plus startup.

By Joshua HongAugust 1, 2026
Y Combinator‑backed AI startup is under fire after its founder offered instant interviews to partygoers who got company tattoos, then apologized

LemonLime’s cofounder apologized following a flurry of online backlash and offered to cover removal costs for the tattoos

By Marco Quiroz-GutierrezJuly 31, 2026
European nations have won more than half of all World Cups. Now they’re threatening to boycott the next one

UEFA nations have won 13 of 23 World Cups, but they’re threatening a walkout after the sport’s most profitable tournament yet.

By Catherina GioinoJuly 31, 2026
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
More in Startups & Venture
AI
More in AI
Despite China’s 996 culture, DeepSeek founder Liang Wenfeng says his workers don’t do overtime or even have KPIs: ‘No one manages them’
Despite China’s 996 culture, DeepSeek founder Liang Wenfeng says his workers don’t do overtime or even have KPIs: ‘No one manages them’

While Silicon Valley races to adopt China’s brutal 996 culture, DeepSeek’s founder says his $60 billion AI company has no KPIs and no overtime.

By Orianna Rosa RoyleAugust 1, 2026
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
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
16 Nobel laureates just warned AI could displace workers. Bernie thinks a sovereign wealth fund may be the answer

Seventy percent of Americans back forcing AI firms to share stock with a sovereign fund, but the $27 billion White House equity strategy has no rule on it.

By Patrick J. Schena and The ConversationJuly 31, 2026
More in AI
Innovation
More in Innovation
zoox
A robotaxi with no steering wheel just got the green light to charge you for a ride

Amazon’s Zoox can now sell rides in wheel-less, four-seat vehicles. Safety advocates say the data behind the approval is thin.

By Josh Funk, Ty O'Neil and The Associated PressJuly 31, 2026
Anthropic discloses that Claude broke out of its cage and hacked 3 companies — and 2 didn’t even notice

Claude broke into sealed-off test environments using weak passwords, the second such AI breach disclosed this month after OpenAI’s incident.

By Chan Ho-Him and The Associated PressJuly 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
Sports teams have gone from trophies to trillion-dollar investment targets

Since 2014, overall total returns for the NBA, NFL, NHL, and MLB have outperformed the S&P 500.

By Allie GarfinkleJuly 31, 2026
More in Innovation
Cybersecurity
More in Cybersecurity
mn
Iran-style hackers shut down a Minnesota town’s water plant. Only the water tower saved it

Over 30 Minnesota systems were hit this week, and investigators say it “walks like a duck” that looks a lot like Iran.

By Jamie Stengle, Eric Tucker and The Associated PressJuly 31, 2026
Brussels responds to explosion of AI risks with a new team of 38 bureaucrats

Brussels’ new AI Act enforcement team launches the same day Anthropic disclosed its models hacked three organizations during testing.

By Sam McNeil and The Associated PressJuly 31, 2026
xAI sues Minnesota over law banning AI ‘nudification’ tech

Musk’s company faces $500,000-per-violation penalties under a first-in-the-nation law it calls overly broad, days before it takes effect Saturday.

By Marc Levy, Barbara Ortutay and The Associated PressJuly 30, 2026
As the AI industry calls for help to “pace” AI development. Has OpenAI already hit pause on some development?

Between meetings on Capitol Hill this week, Sam Altman confirmed OpenAI deactivated a model after last month’s Hugging Face breach.

By Beatrice NolanJuly 30, 2026
More in Cybersecurity
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Exxon, Chevron warn fuel prices to endure as war knocks refining
Energy
Exxon, Chevron warn fuel prices to endure as war knocks refining
By Kevin Crowley and BloombergAugust 1, 2026
Bessent joins Japan to help reverse months of yen losses
Economy
Bessent joins Japan to help reverse months of yen losses
By Shintaro Inkyo, Masahiro Hidaka and BloombergAugust 1, 2026
After Trump threatens more strikes on Iran, Kuwait and Hormuz shipping face new attacks, while Israel hits Gaza despite Hamas pledge to disarm
Politics
After Trump threatens more strikes on Iran, Kuwait and Hormuz shipping face new attacks, while Israel hits Gaza despite Hamas pledge to disarm
By Samy Magdy, Aamer Madhani and The Associated PressAugust 1, 2026
A loneliness epidemic is creating a new type of third space: the one built around curiosity
Success
A loneliness epidemic is creating a new type of third space: the one built around curiosity
By Tatiana SatauaAugust 1, 2026
Inside Miami’s ‘Billionaire Bunker,’ a man-made island for the .01% where billionaires like Jeff Bezos and Mark Zuckerberg shell out for total privacy
Real Estate
Inside Miami’s ‘Billionaire Bunker,’ a man-made island for the .01% where billionaires like Jeff Bezos and Mark Zuckerberg shell out for total privacy
By Marco Quiroz-GutierrezAugust 1, 2026
You need $2 million to retire and ‘almost no one is close,’ BlackRock CEO warns, a problem that Gen X will make ‘harder and nastier’
Personal Finance
You need $2 million to retire and ‘almost no one is close,’ BlackRock CEO warns, a problem that Gen X will make ‘harder and nastier’
By Sydney LakeAugust 1, 2026
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Environment
France’s largest peacetime evacuation ends — with new fires erupting elsewhere
By Thomas Adamson, Nicolas Garriga and The Associated PressAugust 1, 2026
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Environment
‘People are realizing August is a crapshoot here’: Climate change means the U.S. west is closing rivers for fishing half the time
By Matthew Brown, Dorany Pineda and The Associated PressAugust 1, 2026
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Sarah Youngwood, EVP and CFO at Nasdaq.
AI
Nasdaq’s CFO says leaders must learn AI—not just their teams
By Sheryl EstradaJune 24, 2026
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    Startups & Venture
    Exclusive: A founder who went from pressure washing to Wharton just raised $40 million to put AI to work for plumbers, electricians, and HVAC crews
    By Lily Mae LazarusJune 23, 2026
steve
Commentary
Steve Case: America was built by entrepreneurs. Here’s how we keep that edge for the next 250 years
By Steve CaseJune 24, 2026
(left to right) Andrew Berman, Tal Peretz, and Vitor Balocco
AI
Exclusive: Vinod Khosla wanted ‘every available dollar’ of Runlayer’s funding round. It just raised $30 million to govern the agent workforce
By Lily Mae LazarusJune 24, 2026
t
Commentary
Trump mistakes the bully pulpit for bullying leadership — history’s villains were never heroes
By Jeffrey Sonnenfeld and Steven TianJune 24, 2026
As marketers grapple with AI, business leaders at Cannes Lions say human creativity and authenticity matter more than ever 
Europe
As marketers grapple with AI, business leaders at Cannes Lions say human creativity and authenticity matter more than ever 
By Sam BirchallJune 24, 2026
geoff
AI
I interviewed the ‘Godfather of AI’ in 1983 and didn’t grasp the power of his approach to AI. Did he?
By Robert WrightJune 24, 2026
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    Commentary
    Yale School of Management: surveillance pricing is just the beginning. AI agents will be the real test of corporate trust
    By Ravi Dhar and Jon IwataJune 23, 2026
The founding team at Seltz, a startup trying to reinvent web search for AI agents, pose for a group photo with San Francisco's Golden Gate Bridge in the background.
Startups & Venture
Exclusive: Seltz, a startup rebuilding web search for AI agents, raises $12.5 million in seed funding
By Jeremy KahnJune 24, 2026
Sarah Youngwood, EVP and CFO at Nasdaq.
C-Suite
Inside Nasdaq CFO Sarah Youngwood’s AI playbook
By Sheryl EstradaJune 24, 2026
As mega-funds grab 72% of all capital raised, the gap between VC’s haves and have-nots keeps widening
Newsletters
As mega-funds grab 72% of all capital raised, the gap between VC’s haves and have-nots keeps widening
By Allie GarfinkleJune 24, 2026
You can ignore Trump’s threats to leave NATO: Pimco says they’re a ‘paper tiger’
Economy
You can ignore Trump’s threats to leave NATO: Pimco says they’re a ‘paper tiger’
By Jim EdwardsJune 24, 2026
Tencent COO and interactive entertainment group president Ren Yuxin on July 9, 2020 in Shanghai, China. (Photo: Wu Jun/VCG/Getty Images)
Newsletters
Tencent winds down its Japanese game studio investments
By Andrew NuscaJune 24, 2026
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    Commentary
    Elon Musk’s trillion dollars aren’t real — and that’s the point
    By Douglas P. McCormickJune 23, 2026
rh
AI
Reid Hoffman says SpaceX ‘isn’t an AI company,’ xAI is ‘a complete train wreck’—and there’s room for both OpenAI and Anthropic
By Nick LichtenbergJune 24, 2026
Tesla cofounder JB Straubel’s first pitch to Elon Musk failed. Then he turned his ‘hobby’ into a $1.3 trillion success
Success
Tesla cofounder JB Straubel’s first pitch to Elon Musk failed. Then he turned his ‘hobby’ into a $1.3 trillion success
By Rachel VentrescaJune 24, 2026
Amazon Prime Day isn’t a midsummer shopping event anymore. Here’s what changed in 2026
Retail
Amazon Prime Day isn’t a midsummer shopping event anymore. Here’s what changed in 2026
By Vidhi Choudhary and Retail BrewJune 23, 2026
The hidden cost of your AI rollout: burning out the high performers running it
Workplace Culture
The hidden cost of your AI rollout: burning out the high performers running it
By Mikaela Cohen and HR BrewJune 23, 2026
Quantum computing stocks surge after Trump signed executive orders backing the sector
Investing
Quantum computing stocks surge after Trump signed executive orders backing the sector
By Marco Quiroz-GutierrezJune 23, 2026
Alan Greenspan testifying before the Senate Banking Committee.
Banking
The man who invented the Fed’s magic trick just died. His successor is about to try it again
By Eva RoytburgJune 23, 2026
Google DeepMind CEO Demis Hassabis (left) stands on a spiral staircase next to Google DeepMind researcher John Jumper.
Newsletters
Defections from Google DeepMind prompt questions about Alphabet’s efforts to stay at the forefront of AI
By Jeremy KahnJune 23, 2026
college
Success
47% of Harvard seniors admit to cheating — and the problem existed long before ChatGPT
By Austin Sarat and The ConversationJune 23, 2026
data
Energy
AI’s power hunger is turning electric utilities into Wall Street growth stocks — and customers may pay the price
By Conor Harrison and The ConversationJune 23, 2026
Anthropic logo behind phone with Claude logo.
AI
Anthropic launches Claude Tag, a tool that works like a virtual employee within Slack
By Beatrice NolanJune 23, 2026
Cursor’s 25-year-old CEO turned a Discord server into a talent pipeline to build his $60 billion SpaceX-backed AI company
AI
Cursor’s 25-year-old CEO turned a Discord server into a talent pipeline to build his $60 billion SpaceX-backed AI company
By Sydney LakeJune 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
un
Environment
‘It is time to come clean’: UN Secretary General calls out AI companies on their climate impact
By Alexa St. John and The Associated PressJune 23, 2026
musk
North America
A Tesla on autopilot just killed a woman who was standing in her own living room
By Bernard Condon and The Associated PressJune 23, 2026
Aidan Gomez with a blue background.
AI
Renting AI from foreign providers is a national security risk, warns Cohere CEO
By Beatrice NolanJune 23, 2026
SK Hynix briefly tops Samsung as Korea’s most valuable company—and it’s reportedly eyeing a U.S. listing as soon as August
Asia
SK Hynix briefly tops Samsung as Korea’s most valuable company—and it’s reportedly eyeing a U.S. listing as soon as August
By Nicholas GordonJune 23, 2026
brett
Commentary
Middle managers aren’t going extinct—they’re evolving into something more powerful
By Brett HurtJune 23, 2026
vimal
Energy
Honeywell CEO: America can lead the energy era defined by AI and hyper-demand — if policy moves fast enough
By Vimal KapurJune 23, 2026
Exclusive: Crypto analytics startup Allium raises $40 million to tame blockchain data for Wall Street
Crypto
Exclusive: Crypto analytics startup Allium raises $40 million to tame blockchain data for Wall Street
By Ben WeissJune 23, 2026
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The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in lineplaceholder alt text
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