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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
More in North America
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
danube
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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Stephen Fuhr gestures at a podium
North America
Australia scores its largest defense export ever with a $1.75 billion long-range radar deal with Canada
By The Associated Press and Rod McGuirkJune 22, 2026
Texas and Charlotte used to build huge McMansions—now they’re copying the California design tricks they once mocked
Real Estate
Texas and Charlotte used to build huge McMansions—now they’re copying the California design tricks they once mocked
By Sydney LakeJune 22, 2026
The Supreme Court reinstates murder conviction for NYC boy Etan Patz, one of the first missing kids on a milk carton
Law
The Supreme Court reinstates murder conviction for NYC boy Etan Patz, one of the first missing kids on a milk carton
By The Associated Press and Mark ShermanJune 22, 2026
Reassuring dad sits with frustrated adult son
Success
A record 1 in 3 Gen Z and young millennials were still living with their parents in 2025—more than during the pandemic—despite most having a job
By Emma BurleighJune 22, 2026
Photo of Brian Moynihan
Success
By 7 a.m., Bank of America’s CEO has already read 5 newspapers, his email inbox, and hit the gym—he says if you’re late to meetings, you’re ‘selfish’
By Preston ForeJune 22, 2026
Robert Murphy stands a podium
North America
‘We poisoned our community’: New Mexico DEA agents watched fentanyl hit the streets and did nothing to stop it reaching people
By The Associated Press, Joshua Goodman and Jim MustianJune 22, 2026
Prada preached restraint for a world in chaos—then Milan filled its summer runways with leather and knits nobody can actually wear in the heat
Arts & Entertainment
Prada preached restraint for a world in chaos—then Milan filled its summer runways with leather and knits nobody can actually wear in the heat
By The Associated Press and Colleen BarryJune 22, 2026
Alcohol consumption is tanking among youths, so wine brands are chasing Gen Z with NASCAR and WWE partnerships
Retail
Alcohol consumption is tanking among youths, so wine brands are chasing Gen Z with NASCAR and WWE partnerships
By The Associated PressJune 22, 2026
Americans are fleeing the U.S. at record rates—an ex-Google engineer who left India to build a $7.2 billion AI firm says they’re making a huge mistake
Success
Americans are fleeing the U.S. at record rates—an ex-Google engineer who left India to build a $7.2 billion AI firm says they’re making a huge mistake
By Orianna Rosa RoyleJune 22, 2026
Delphine Viguier-Hovasse, chief innovation and prospective officer at L’Oréal speaking at a conference
Europe
Forget speed: L’Oréal’s innovation chief says AI rewards companies with history
By Francesca CassidyJune 22, 2026
Europe must take opportunity to ‘dream bigger’ if it’s to seize its innovation moment
Magazine
Europe must take opportunity to ‘dream bigger’ if it’s to seize its innovation moment
By Francesca CassidyJune 22, 2026
Alan Greenspan dies at 100. As Fed chair, he was hailed as the ‘Oracle’ but later admitted he made a mistake assuming banks could self-regulate
Economy
Alan Greenspan dies at 100. As Fed chair, he was hailed as the ‘Oracle’ but later admitted he made a mistake assuming banks could self-regulate
By Paul Wiseman and The Associated PressJune 22, 2026
Top CD rates from major banks June 22, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on June 22, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJune 22, 2026
Current price of Ethereum for June 22, 2026
Personal Finance
Current price of Ethereum for June 22, 2026
By Joseph HostetlerJune 22, 2026
Current price of Bitcoin for June 22, 2026
Personal Finance
Current price of Bitcoin for June 22, 2026
By Joseph HostetlerJune 22, 2026
David Risher
Commentary
Lyft CEO: we’re setting a multi-sensor safety standard for autonomous rides
By David RisherJune 22, 2026
Current price of oil as of June 22, 2026
Personal Finance
Current price of oil as of June 22, 2026
By Joseph HostetlerJune 22, 2026
Three coworkers sit around a computer.
Newsletters
The executive assistant role isn’t dying. It’s getting promoted
By Kristin StollerJune 22, 2026
Photo of Andrew Cuomo
Crypto
Former New York governor Andrew Cuomo to cochair joint venture between NYSE owner and crypto exchange OKX
By Ben WeissJune 22, 2026
Nick Noone and Ben Rudolph sit on stools
Startups & Venture
Exclusive: The AI company powering public safety operations for the 2026 World Cup just raised $250 million
By Lily Mae LazarusJune 22, 2026
Barun Kar and Rajiv Khemani
Startups & Venture
Exclusive: Upscale AI wants to be the next Cisco—and it just raised another $190 million
By Lily Mae LazarusJune 22, 2026
s
Commentary
Saxby Chambliss: America can’t win the AI race without more plumbers and electricians
By Saxby ChamblissJune 22, 2026
Crypto’s most controversial governance idea is making a comeback
Newsletters
Crypto’s most controversial governance idea is making a comeback
By Ben WeissJune 22, 2026
Why Temasek’s CFO is moving into a new power role
Newsletters
Why Temasek’s CFO is moving into a new power role
By Angelica AngJune 22, 2026
Shin Hyun Song, governor of the Bank of Korea.
Economy
South Korean chipmakers are being paid such massive bonuses it’s becoming an inflation problem for the central bank
By Eleanor PringleJune 22, 2026
Exclusive: Index Ventures, Union Square Ventures back trading app Fomo at $550 million valuation
Newsletters
Exclusive: Index Ventures, Union Square Ventures back trading app Fomo at $550 million valuation
By Ben WeissJune 22, 2026
Brian Niccol photographed at Chipotle's Cultivate Center in Irvine, CA on February 27, 2023.
C-Suite
AI is turning CMOs into some of the most powerful executives in business
By Ruth UmohJune 22, 2026
As public sentiment sours, Indonesia awaits MSCI verdict which risks $13 billion in capital outflows
Investing
As public sentiment sours, Indonesia awaits MSCI verdict which risks $13 billion in capital outflows
By Angelica AngJune 22, 2026
astronaut
Commentary
NASA just named an all-male crew for ‘Artemis III’: what’s a woman to do?
By Savanah F.S. Bray, PhDJune 22, 2026
Starmer quits and sets out plan for new U.K. PM by September
Europe
Starmer quits and sets out plan for new U.K. PM by September
By Joe Mayes, Chloe Chaplain, Ellen Milligan and BloombergJune 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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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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Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricingplaceholder alt text
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