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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

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
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Mike Wirth, chief executive officer of Chevron.
Chevron posts largest quarterly profit ever and Exxon income surges as Iran war squeezes oil supply

The Big Oil giants are taking home near-record profits from high oil and fuel prices worldwide.

By Jordan BlumJuly 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
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
chad
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
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
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laptop
The post-pandemic classroom is quietly ditching the laptop-for-every-kid model

When the COVID-19 pandemic forced in-person classroom instruction to go virtual, students suddenly needed to have their own laptops or tablets in order to interact with teachers and complete assignments. Most states used federal pandemic funding to address the digital divide. This refers to the gap between students and families who had their own tablets, […]

By Janice Mak and The ConversationJuly 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
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
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North America
More in North America
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
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,” J.P. 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
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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Asia
More in Asia
Asia drives 60% of global growth, but the region’s CEOs can’t escape geopolitics. Here’s how they can stay competitive
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
Inside China’s two-speed economy: Why goods consumption is slumping even as exports and services boom

From collapsing car sales to booming services and AI-linked manufacturing, China’s growth engines are pulling in sharply different directions.

By Nicholas GordonJuly 29, 2026
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Global
More in Global
var
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
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
‘Retiring backwards’: How cold economic reality forced Gen X into something like the reverse of baby boomers’ golden years

Time to get the band back together and get on the skateboard. It’s a retirement plan from a thrift store.

By Nick LichtenbergJuly 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
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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
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Economy
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
Fortune 500 Power Moves: Which executives gained and lost power, July 18–31, 2026
C-Suite
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
Success
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?
Health
Nordic Wave Cold Plunge Review (2026): Is This Premium Plunge Worth It?
By Christina SnyderJuly 31, 2026
Best Teeth Whitening Kits (2026): Whiten Your Smile at Home
Health
Best Teeth Whitening Kits (2026): Whiten Your Smile at Home
By Christina SnyderJuly 31, 2026
An Apple flagship store
Investing
Apple shows that AI winners don’t have to build the biggest models
By Sheryl EstradaJuly 31, 2026
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Environment
The Dry Danube: Europe’s legendary river got so low that a cruise ship ran out of food and water
By Justin Spike and The Associated PressJuly 31, 2026
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Commentary
Gen Z: if you want to succeed at work, you need to start friction-maxxing
By Michelle SobelJune 23, 2026
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Commentary
Cooley CEO: Big Law won’t survive if it treats AI as just an efficiency tool
By Rachel ProffittJune 23, 2026
Saudi PIF’s governor wants the kingdom to become a global investment center
Newsletters
Saudi PIF’s governor wants the kingdom to become a global investment center
By Melissa HancockJune 23, 2026
Photo: SpaceX HQ.
Banking
Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
By Jim EdwardsJune 23, 2026
Saudi Aramco’s chairman calls for “energy realism” 
Middle East
Saudi Aramco’s chairman calls for “energy realism” 
By Melissa HancockJune 23, 2026
gg
Commentary
CPJ: press freedom must endure the American World Cup
By Gypsy Guillén KaiserJune 23, 2026
Sanda Ojiambo is CEO and Executive Director of the United Nations Global Compact.
Commentary
United Nations: business can’t build economic resilience from the sidelines
By Sanda OjiamboJune 23, 2026
najwa
Commentary
Technology Innovation Institute: AI agents need proof, not promises
By Najwa AarajJune 23, 2026
‘This is the least crazy AI is ever going to be’: The lessons Europe’s execs must take from Anthropic’s shutdown
AI
‘This is the least crazy AI is ever going to be’: The lessons Europe’s execs must take from Anthropic’s shutdown
By Sam BirchallJune 23, 2026
U.K. Prime Minister Keir Starmer announced his resignation Monday.
Politics
A decade on from the Brexit vote, the U.K. will have 7 prime ministers, hit a demographic trap, and taken a 6% hit to its economy
By Tristan BoveJune 23, 2026
uk
Economy
Meet a British businessman who doesn’t regret his Brexit vote. He says rejoining the EU would be ‘re-boarding the Titanic’ while giving up life vests
By Danica Kirka and The Associated PressJune 22, 2026
toy
Arts & Entertainment
A $1 million horror film and a 30-year-old franchise are saving Hollywood’s summer
By Jake Coyle and The Associated PressJune 22, 2026
heat
Environment
Planet’s heat bill comes due as one billion more people face extreme heat stress than in the 1970s
By Alexa St. John and The Associated PressJune 22, 2026
duck
North America
Mexico City’s unofficial duck soccer mascot stole the presidential press briefing
By The Associated PressJune 22, 2026
Insilico Medicine, SK Biopharmaceuticals strike $2.5B AI drug discovery deal targeting neuroimmune therapies
Asia
Insilico Medicine, SK Biopharmaceuticals strike $2.5B AI drug discovery deal targeting neuroimmune therapies
By Nicholas GordonJune 22, 2026
Steve Jobs became a billionaire thanks to a Pixar gamble. Now ‘Toy Story 5’ is breaking box office records thanks to that bet
Arts & Entertainment
Steve Jobs became a billionaire thanks to a Pixar gamble. Now ‘Toy Story 5’ is breaking box office records thanks to that bet
By Marco Quiroz-GutierrezJune 22, 2026
Millions of honeybees invade Texas neighborhood after truck carrying 400 beehives tipped over
North America
Millions of honeybees invade Texas neighborhood after truck carrying 400 beehives tipped over
By The Associated Press and David FischerJune 22, 2026
Argentina's Lionel Messi drives the ball forward during a match against Austria.
Crypto
The World Cup’s biggest winner so far? Prediction markets, where a $5.4 billion betting frenzy has shattered previous records
By Camila Grigera NaónJune 22, 2026
Kraft pounces on World Cup ranch craze with TSA-approved travel kits after the agency tells visitors to ‘avoid chugging’ the dressing
Travel & Leisure
Kraft pounces on World Cup ranch craze with TSA-approved travel kits after the agency tells visitors to ‘avoid chugging’ the dressing
By Catherina GioinoJune 22, 2026
jalen
Commentary
What leaders can learn from the Knicks ending their 53-year championship drought
By Melissa Dawn SimkinsJune 22, 2026
Drowning in AI: Companies are launching hundreds of projects, and that’s a problem
Future of Work
Drowning in AI: Companies are launching hundreds of projects, and that’s a problem
By Jeff John RobertsJune 22, 2026
Sony industry starmaker Clive Davis, who launched the careers of Janis Joplin and Whitney Houston, dead at 94
Arts & Entertainment
Sony industry starmaker Clive Davis, who launched the careers of Janis Joplin and Whitney Houston, dead at 94
By The Associated Press, Mark Sherman and NEKESA MUMBI MOODYJune 22, 2026
Protesters at an anti-data center rally in Orangeburg, New York.
AI
Tech companies dealing with data center protests locally are fighting a losing battle: Only 8% of opponents actually live near one
By Tristan BoveJune 22, 2026
China sanctions 10 U.S. defense companies in tit-for-tat response to Pentagon’s Chinese military list
North America
China sanctions 10 U.S. defense companies in tit-for-tat response to Pentagon’s Chinese military list
By The Associated PressJune 22, 2026
Elon Musk will get a billion shares of SpaceX if he can settle a million humans on Mars
Startups & Venture
Elon Musk will get a billion shares of SpaceX if he can settle a million humans on Mars
By Catherina GioinoJune 22, 2026
America has a $4 trillion retirement crisis and half of workers could run out of money. TIAA’s CEO wants ‘guaranteed lifetime income’ to fix it
C-Suite
America has a $4 trillion retirement crisis and half of workers could run out of money. TIAA’s CEO wants ‘guaranteed lifetime income’ to fix it
By Fortune EditorsJune 22, 2026
The Fed is fed up with inflation and will bring down the hammer with a series of rate hikes this year, reversing earlier cuts, BofA says
Economy
The Fed is fed up with inflation and will bring down the hammer with a series of rate hikes this year, reversing earlier cuts, BofA says
By Jason MaJune 22, 2026
A man watching a straw hat hands a woman with gray hair a hat.
Environment
Europe’s current heat wave is so bad the French are considering banning outdoor drinking and adopting AC ‘if necessary’
By Oleg Cetinic, Angela Charlton and The Associated PressJune 22, 2026
t
Investing
Meet the 2 men putting New York’s $300 billion pension fund in play for the first time in 20 years
By Nick LichtenbergJune 22, 2026
Thibault Sottiaux, Head of Core Product and Platform OpenAI, speaking.
AI
OpenAI’s new ‘super app’ boss hopes to persuade users and potential IPO investors that the company is about way more than just chat
By Beatrice NolanJune 22, 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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