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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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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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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

Andy Jassy conceded in January tariffs were hitting prices, months before Amazon’s $600 million refund came to light.

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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The World Cup’s VAR fights are a preview of every company’s AI rollout problem
By Pooya Tabesh and The ConversationJuly 31, 2026
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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
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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
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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
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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

“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
Kevin Warsh’s first big press conference shines a spotlight on confusion over how the Fed actually measures inflation

Is inflation 3.7% or 2.2%? It depends on which Federal Reserve number you believe.

By Brandy Hadley, D. Brian Blank and The ConversationJuly 31, 2026
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What every founder can learn from Reformation’s $211 million IPO
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What every founder can learn from Reformation’s $211 million IPO
By Emma HinchliffeJuly 31, 2026
Fortune 500 Power Moves: Which executives gained and lost power, July 18–31, 2026
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Fortune 500 Power Moves: Which executives gained and lost power, July 18–31, 2026
By Fortune EditorsJuly 31, 2026
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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
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Best Teeth Whitening Kits (2026): Whiten Your Smile at Home
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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
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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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
Photo: President Trump
Energy
Wall Street is more focused on what Iranian officials are saying than Trump’s war-threat tweets
By Jim EdwardsJune 22, 2026
A pet emergency can cost $8,000. For millions of Americans, that bill is now a ‘life and death’ decision
Personal Finance
A pet emergency can cost $8,000. For millions of Americans, that bill is now a ‘life and death’ decision
By Sydney LakeJune 22, 2026
Dow futures drop as first day of U.S.-Iran talks sees Trump threaten Tehran on Hormuz: ‘You close it and you won’t have a country’
Energy
Dow futures drop as first day of U.S.-Iran talks sees Trump threaten Tehran on Hormuz: ‘You close it and you won’t have a country’
By Jason MaJune 21, 2026
U.S.-Iran talks just started and Trump is already threatening to attack, causing negotiations to pause
Politics
U.S.-Iran talks just started and Trump is already threatening to attack, causing negotiations to pause
By Aamer Madhani, Seung Min Kim, Jamey Keaten and The Associated PressJune 21, 2026
Why men keep dropping out of the labor force: It starts in childhood, when kids see how males around them struggle, economists say
Economy
Why men keep dropping out of the labor force: It starts in childhood, when kids see how males around them struggle, economists say
By Jason MaJune 21, 2026
g
North America
The union behind California’s billionaire tax is blinking, but Gavin Newsom wants to inflict total defeat
By Sophie Austin and The Associated PressJune 21, 2026
andy
Politics
Meet Labour’s ‘King of the North,’ the 56-year-old representing Greater Manchester and challenging Keir Starmer
By Jill Lawless, Danica Kirka and The Associated PressJune 21, 2026
Rural America’s farms are already being crushed by an economic crisis. They now face the risk of a ‘mini-Dust Bowl’ as a rare Super El Niño looms
Economy
Rural America’s farms are already being crushed by an economic crisis. They now face the risk of a ‘mini-Dust Bowl’ as a rare Super El Niño looms
By Jason MaJune 21, 2026
Oil keeps flowing through Hormuz despite Iran saying it’s shut
Energy
Oil keeps flowing through Hormuz despite Iran saying it’s shut
By Weilun Soon, Julian Lee and BloombergJune 21, 2026
t
Economy
Ground beef is up 20% since last year. A parasite, a drought and a July 1 trade deadline could push it higher
By Andrew Muhammad, Charles Martinez and The ConversationJune 21, 2026
quartz
Health
Your quartz countertop is the new asbestos — for the workers who cut it
By David Michaels, Robert Harrison and The ConversationJune 21, 2026
d
Environment
Almost 4 in 10 Americans have a ‘junk drawer’ full of their old electronics. It’s because of a very specific anxiety
By Eric Williams, Payam Saeedi, Stacey Watson and The ConversationJune 21, 2026
Russia-occupied Crimea halts gas sales to civilians as Ukraine ramps up attacks on fuel supplies while speculators sell at double market prices
Europe
Russia-occupied Crimea halts gas sales to civilians as Ukraine ramps up attacks on fuel supplies while speculators sell at double market prices
By The Associated PressJune 21, 2026
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Health
A better sunscreen has been available in Europe for 25 years. It just became legal to sell in the U.S.
By Guy German and The ConversationJune 21, 2026
A stock trader’s guide to navigating a rare ‘Super El Niño’
Environment
A stock trader’s guide to navigating a rare ‘Super El Niño’
By BloombergJune 21, 2026
d
Environment
Harvard scholar: the data-center backlash is just getting started
By Rachel Mural and The ConversationJune 21, 2026
b
Innovation
Over 40,000 American bridges have structurally deficient ratings. Why aren’t we using quantum sensors on them?
By Alex Krasnok and The ConversationJune 21, 2026
f
Success
The tribe called the world’s best fathers gets outpaced by rich American dads
By Darby Saxbe and The ConversationJune 21, 2026
b
Economy
Britain marks Brexit’s 10th anniversary with an economy 4%-8% smaller than if it never voted to leave
By Brian Melley, Pan Pylas and The Associated PressJune 21, 2026
Vice President JD Vance meets top Iranian officials to begin peace talks, seeking to ‘change relations in the Middle East permanently’
Politics
Vice President JD Vance meets top Iranian officials to begin peace talks, seeking to ‘change relations in the Middle East permanently’
By Aamer Madhani, Seung Min Kim, Jamey Keaten and The Associated PressJune 21, 2026
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Arts & Entertainment
Taylor Swift’s Rhode Island summer town is on high alert for a sudden wedding as rumors fly
By Leah Willingham and The Associated PressJune 21, 2026
zak
Cybersecurity
The U.K. just banned social media for kids under 16. The founder of ‘safe TikTok’ says the U.S. is next
By Nick LichtenbergJune 21, 2026
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview on the sidelines of the JPMorgan China Summit in Shanghai, China, on Thursday, May 21, 2026.
Economy
If you’re surprised by how well the stock market is doing, so is Jamie Dimon—he says there’s a ‘little tsunami’ heading for the economy
By Eleanor PringleJune 21, 2026
zeke
Commentary
Ezekiel Emanuel: My father lived into his 90s. He understood something many successful men miss
By Ezekiel J. EmanuelJune 21, 2026
Tom Llamas at the anchor desk
Success
NBC’s Tom Llamas climbed from 15-year-old intern to the top anchor chair—and still isn’t satisfied: ‘If you’re not growing, you’re dying’
By Preston ForeJune 21, 2026
A man holds a grocery basket and walks down the aisle of a store.
Retail
Your ‘proteinmaxxing’ is creating a whey shortage that’s ratcheting up prices and leaving snack companies to eat costs or make recipes worse
By Sasha RogelbergJune 21, 2026
Tenzin Seldon is the founder and managing partner of Pulse Fund,
Commentary
Tenzin Seldon: The GLP-1 boom is the biggest climate story no one is pricing in
By Tenzin SeldonJune 21, 2026
Julia Bartak
Commentary
Edward Jones advisor: Gen-Z doesn’t want an office happy hour. They want financial security
By Julia BartakJune 21, 2026
Fortune Archives: The moment Vietnam’s economy took a right turn
Newsletters
Fortune Archives: The moment Vietnam’s economy took a right turn
By Nicholas GordonJune 21, 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
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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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