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

3

Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline

1

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

2

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

3

Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline
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16 Nobel laureates just warned AI could displace workers. Bernie thinks a sovereign wealth fund may be the answer
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
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Kevin Warsh’s first big press conference shines a spotlight on confusion over how the Fed actually measures inflation
By Brandy Hadley, D. Brian Blank and The ConversationJuly 31, 2026
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
By Emma BurleighJuly 31, 2026
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
By Fortune EditorsJuly 31, 2026
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?’
By Preston ForeJuly 31, 2026
Nordic Wave Cold Plunge Review (2026): Is This Premium Plunge Worth It?
Nordic Wave Cold Plunge Review (2026): Is This Premium Plunge Worth It?
By Christina SnyderJuly 31, 2026
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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
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
‘Indiana Jones-esque’: someone tried to smuggle Civil War-era cannonballs through TSA in Alabama

The TSA officer was stunned: “I’ve seen inert grenades and training munitions but never an Indiana Jones-esque stolen artifact-type situation.”

By The Associated PressJuly 31, 2026
Most Jewish Americans under 45 get the ick from Israel, polling shows

Only 4 in 10 religious Jewish adults under 45 call supporting Israel central to their identity, down sharply from older generations.

By Giovanna Dell'Orto and The Associated PressJuly 31, 2026
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North America
More in North America
Chair of the Federal Reserve Kevin Warsh speaks during a news conference at the William McChesney Martin Jr. Federal Reserve Board Building in Washington, DC, on July 29, 2026.
The Fed did exactly what Wall Street was expecting—so why are markets so vexed by Kevin Warsh?

“You’re dealing with the Fed that the market is still trying to understand,” JP Morgan’s Alex Wolf tells Fortune.

By Eleanor PringleJuly 31, 2026
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
Trump’s gift for 25 million seniors right before midterms: Medicare drug cost hikes

CMS is ending a subsidy that cut Part D premiums by $16 a month, with new rates landing in October, just before Election Day.

By Ali Swenson and The Associated PressJuly 31, 2026
‘Jesus was a socialist’: some Democrats bid to make their populist movement a religious left moment

Across pulpits and picket lines, Democrats are recasting economic populism as a matter of faith, not just policy.

By Krysta Fauria and The Associated PressJuly 31, 2026
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Asia
More in Asia
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The Dry Danube: Europe’s legendary river got so low that a cruise ship ran out of food and water

Record drought exposed World War II bombs, old shipwrecks and forced nuclear reactors to power down across Central Europe.

By Justin Spike and The Associated PressJuly 31, 2026
Asia drives 60% of global growth, but the region’s CEOs can’t escape geopolitics. Here’s how they can stay competitive

BCG’s Yasushi Sasaki outlines why resilience, regional capital, and multi-market strategies are key to navigating geopolitical risk.

By Yasushi SasakiJuly 30, 2026
Samsung posts record $62 billion profit — and investors sell off anyway

Samsung’s second-quarter operating profit was a more than 19-fold increase from a year earlier, but investors didn’t care.

By Kim Tong-Hyung and The Associated PressJuly 30, 2026
Southeast Asia is ‘hungry for innovation’ and eager to leapfrog, says SAP’s new APAC president Verena Siow

Southeast Asia, home to young, digitally-savvy populations and a rising middle class, offers fertile ground for leapfrogging.

By Angelica AngJuly 29, 2026
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Global
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Best Teeth Whitening Kits (2026): Whiten Your Smile at Home
Best Teeth Whitening Kits (2026): Whiten Your Smile at Home

We evaluated today’s top teeth whitening kits for effectiveness, ingredients, value, and sensitivity to help you find the right option for a brighter smile.

By Christina SnyderJuly 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
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
Climate change made Spain’s wildfires 20 times more likely, study finds

Decades of progress in fire suppression across Southern Europe are being overwhelmed by climate-driven fire weather, scientists say.

By Seth Borenstein and The Associated PressJuly 31, 2026
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What every founder can learn from Reformation’s $211 million IPO
Newsletters
What every founder can learn from Reformation’s $211 million IPO
By Emma HinchliffeJuly 31, 2026
Current price of gold as of July 31, 2026
Personal Finance
Current price of gold as of July 31, 2026
By Danny BakstJuly 31, 2026
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AI
Brussels responds to explosion of AI risks with a new team of 38 bureaucrats
By Sam McNeil and The Associated PressJuly 31, 2026
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Banking
Democrats squirm as ‘defund the police’ stances from 2020 come back to haunt them
By Matt Brown, Anthony Izaguirre, Scott Bauer and The Associated PressJuly 31, 2026
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Innovation
A robotaxi with no steering wheel just got the green light to charge you for a ride
By Josh Funk, Ty O'Neil and The Associated PressJuly 31, 2026
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Energy
Chevron’s profit nearly quadrupled. Drivers are paying for it at $4 a gallon
By Cathy Bussewitz and The Associated PressJuly 31, 2026
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North America
Seattle’s new mayor fires police chief, admits they failed to alert city about shooting for 5 hours
By Gene Johnson, Martha Bellisle and The Associated PressJuly 31, 2026
Tim Cook’s last quarter as Apple CEO: record iPhone sales, stock still falls
Big Tech
Tim Cook’s last quarter as Apple CEO: record iPhone sales, stock still falls
By Barbara Ortutay and The Associated PressJuly 31, 2026
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Despite return-to-office-crackdowns, remote work is alive and well as the rate has barely changed over the last two years
Success
Despite return-to-office-crackdowns, remote work is alive and well as the rate has barely changed over the last two years
By Marco Quiroz-GutierrezJuly 5, 2026
werzyn
AI
The CEO using AI to double revenue with 1,000 fewer hires: ‘Nobody’s going to replace the last mile’
By Nick LichtenbergJuly 5, 2026
Like Netflix’s cofounder, U.S. Polo Assn. CEO has strict work-life boundaries—he clocks off at 5:30 p.m. and won’t text his team on weekends
Success
Like Netflix’s cofounder, U.S. Polo Assn. CEO has strict work-life boundaries—he clocks off at 5:30 p.m. and won’t text his team on weekends
By Orianna Rosa RoyleJuly 5, 2026
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Economy
America’s entrepreneurial boom begins long before venture capital
By Anthony HernandezJuly 5, 2026
David Senra poses in a black shirt in front of bookshelves
Startups & Venture
How David Senra built the podcast the world’s most powerful CEOs can’t stop listening to
By Lily Mae LazarusJuly 5, 2026
Nancy Pelosi’s husband could face misdemeanor charges after hit-and-run collision in Napa wine country that left one car with ‘major damage’
Politics
Nancy Pelosi’s husband could face misdemeanor charges after hit-and-run collision in Napa wine country that left one car with ‘major damage’
By Safiyah Riddle and The Associated PressJuly 4, 2026
Treasury rolls out currency signed by Trump for Fourth of July
Politics
Treasury rolls out currency signed by Trump for Fourth of July
By Jeff Mason and BloombergJuly 4, 2026
U.S. debt is a looming crisis today but was once its own revolutionary masterstroke that helped launch a global financial superpower
Economy
U.S. debt is a looming crisis today but was once its own revolutionary masterstroke that helped launch a global financial superpower
By Jason MaJuly 4, 2026
The Taylor Swift economy: Star-studded wedding at Madison Square Garden lifts luxury brands Christian Dior, Christian Louboutin, and Cartier
Arts & Entertainment
The Taylor Swift economy: Star-studded wedding at Madison Square Garden lifts luxury brands Christian Dior, Christian Louboutin, and Cartier
By Kimberlee Kruesi, Andrew Dalton and The Associated PressJuly 4, 2026
Iran’s envoy to China says Beijing to get Hormuz concessions
Energy
Iran’s envoy to China says Beijing to get Hormuz concessions
By BloombergJuly 4, 2026
Trump allies double down on efforts to reshape Federal Reserve
Politics
Trump allies double down on efforts to reshape Federal Reserve
By Saleha Mohsin, Joshua Green and BloombergJuly 4, 2026
Ukrainian drones target more Russian oil infrastructure as fuel crisis adds political pressure on Putin, who shrugs off attacks as ‘not critical’
Energy
Ukrainian drones target more Russian oil infrastructure as fuel crisis adds political pressure on Putin, who shrugs off attacks as ‘not critical’
By The Associated PressJuly 4, 2026
Costco CEO promises the $1.50 hot dog isn’t going away: ‘The price will not change as long as I’m around’
Retail
Costco CEO promises the $1.50 hot dog isn’t going away: ‘The price will not change as long as I’m around’
By Sydney LakeJuly 4, 2026
Older worker sad at laptop
Success
A quarter of young baby boomers and Gen Xers who’ve been laid off in the last decade are still unemployed—and 11% have taken pay cuts to work
By Emma BurleighJuly 4, 2026
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North America
Before independence, America tried — and failed — to conquer Canada
By Sarah M.S. Pearsall and The ConversationJuly 4, 2026
The 1964 box set that predicted Dylan going electric — and still explains American music today
Arts & Entertainment
The 1964 box set that predicted Dylan going electric — and still explains American music today
By Ted Olson and The ConversationJuly 4, 2026
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Politics
69% of Americans think the founders would be disappointed in democracy today. A French philosopher predicted why
By Robert A. Ballingall and The ConversationJuly 4, 2026
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Politics
Trump White House can reinstall its sanitized history of slavery at George Washington’s house, appeals court rules
By Geoff Mulvihill, Nick Lichtenberg and The Associated PressJuly 4, 2026
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Travel & Leisure
‘I can understand the, um, obesity here’: The World discovers American cuisine at the World Cup
By Dee-Ann Durbin and The Associated PressJuly 4, 2026
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North America
A retired insurance executive found a lost Declaration of Independence in Britain’s National Archives
By Danica Kirka and The Associated PressJuly 4, 2026
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Politics
Belgium got its tariffs cut. Then it sent Trump a diamond Superman ring
By Sam McNeil and The Associated PressJuly 4, 2026
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Arts & Entertainment
FIFA engineered a plan to get the USMNT and their fans singing ‘Country Roads’ — and it worked
By R.J. Rico and The Associated PressJuly 4, 2026
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Politics
Pope Leo marks July 4 at migrant graves, not U.S. celebrations
By Nicole Winfield, Andrea Rosa and The Associated PressJuly 4, 2026
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North America
‘I AM SETTING THEM ALL FREE, RIGHT NOW!’ Trump’s pre-July 4 Friday news dump included pardons for 11 people including ex-Abramoff partner
By Michelle L. Price and The Associated PressJuly 4, 2026
wh
Politics
Trump visits Mount Rushmore on 250th July 4th to declare communism a ‘mortal threat to American liberty’
By Steven Sloan, Steve Peoples, Michelle L. Price and The Associated PressJuly 4, 2026
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Commentary
Media leadership unity in defying Trump’s assault on free speech: standing tall against historic comparisons
By Jeffrey Sonnenfeld, Jeff Bewkes, Kay Koplovitz, Tom Glocer and Marvin KalbJuly 4, 2026
Ejay O'Donnell, Bart Szaniewski, and Grant Eastey wear Dad Gang hats in a factory
Success
Three dads started selling hats from a garage with $750—now they’ve sold $35 million worth, partnered with Gary Vee, and grown a community of fathers
By Preston ForeJuly 4, 2026
loco
Travel & Leisure
The World Cup is just now discovering Middle America’s big heart. These Irish bingo kingpins built a $24 million business knowing it all along
By Nick LichtenbergJuly 4, 2026
How a third-generation Texas oilman transformed an organic farming company into a leading advanced nuclear startup at a small Christian college
Energy
How a third-generation Texas oilman transformed an organic farming company into a leading advanced nuclear startup at a small Christian college
By Jordan BlumJuly 4, 2026
JPMorgan built a pipeline of female CEO candidates that was the envy of Wall Street. How did it fall apart?
MPW
JPMorgan built a pipeline of female CEO candidates that was the envy of Wall Street. How did it fall apart?
By Emma HinchliffeJuly 4, 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
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
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Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadlineplaceholder alt text
By Sydney LakeJuly 29, 2026
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