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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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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
var
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
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
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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
C-Suite
Fortune 500 Power Moves: Which executives gained and lost power, July 18–31, 2026
By Fortune EditorsJuly 31, 2026
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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
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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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Success
Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: ‘You don’t get high performers, you get sloppiness’
By Sydney LakeJune 21, 2026
Photo: Sam Altman
AI
Sam Altman thinks AI will surpass human intelligence by 2030. His rival AI billionaires say it’ll be even sooner
By Marco Quiroz-GutierrezJune 21, 2026
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Economy
The national debt’s 20-year deadline and baby boomers’ spending problem: ‘a lot of incentive for every generation to try to pass a big bill’
By Nick LichtenbergJune 21, 2026
Kamala Harris
Success
Former VP Kamala Harris says she went through a nine-hour interview to land the job—but she couldn’t escape ‘gold medal depression’ even when she won
By Emma BurleighJune 21, 2026
Kylian Mbappe #10 of France celebrates with teammates
North America
World Cup teams will be paid a record $871 million: Each team will get $12.5 million as a bare minimum for playing and ‘preparation money’
By Emma BurleighJune 21, 2026
ace
AI
Nobel Laureate Daron Acemoglu on the ‘brainless’ AI discourse, the myth of capitalism and the Gen Z revolution risk
By Nick LichtenbergJune 21, 2026
Trump tries to explain why Reflecting Pool is algae green and its blue lining is peeling. Police arrest a former Olympic canoe racer on a bike ride
North America
Trump tries to explain why Reflecting Pool is algae green and its blue lining is peeling. Police arrest a former Olympic canoe racer on a bike ride
By The Associated PressJune 20, 2026
Vice President JD Vance heads to Switzerland for talks with Iran but says he will only be there ‘for a day or two’
Middle East
Vice President JD Vance heads to Switzerland for talks with Iran but says he will only be there ‘for a day or two’
By Kareem Chehayeb, Bassem Mroue, Seung Min Kim, Munir Ahmed and The Associated PressJune 20, 2026
A new trade war may be brewing. This time, Europe is taking a page from Trump’s playbook — ‘We no longer live in a world of pink ponies and rainbows’
Economy
A new trade war may be brewing. This time, Europe is taking a page from Trump’s playbook — ‘We no longer live in a world of pink ponies and rainbows’
By Jason MaJune 20, 2026
Shipping companies will decide when the Strait of Hormuz is truly open—not the U.S. or Iran—and the latest deal is already sowing confusion
Energy
Shipping companies will decide when the Strait of Hormuz is truly open—not the U.S. or Iran—and the latest deal is already sowing confusion
By Jason MaJune 20, 2026
Trump threatens to charge U.S. tolls in Strait of Hormuz for ‘services rendered as the Guardian Angel to the countries of the Middle East’
Energy
Trump threatens to charge U.S. tolls in Strait of Hormuz for ‘services rendered as the Guardian Angel to the countries of the Middle East’
By Kareem Chehayeb, Bassem Mroue, Munir Ahmed and The Associated PressJune 20, 2026
Who needs rate cuts? Even the Fed’s new chair admits companies are easily raising capital on financial markets amid epic stock and debt binge
Banking
Who needs rate cuts? Even the Fed’s new chair admits companies are easily raising capital on financial markets amid epic stock and debt binge
By Jason MaJune 20, 2026
t
Politics
Americans on Trump and Iran: 65% disapprove, just like his job (dis)approval
By Linley Sanders, Amelia Thomson-Deveaux and The Associated PressJune 20, 2026
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Politics
‘People are tired of hearing what government can’t do’: Democratic Socialists surge nationwide
By Matt Brown and The Associated PressJune 20, 2026
b
Arts & Entertainment
The first 100 visitors to the Obama Presidential center got a surprise: Barack and Michelle
By Claire Savage and The Associated PressJune 20, 2026
t
Personal Finance
Trump’s student loan rate cut excludes most of the 9 million borrowers in default
By Alia Wong, Collin Binkley and The Associated PressJune 20, 2026
‘I literally was crying last night because I’m nervous about what I’m going to find out’: a record 51% of Americans aren’t ‘cost secure’ on health
Health
‘I literally was crying last night because I’m nervous about what I’m going to find out’: a record 51% of Americans aren’t ‘cost secure’ on health
By Ali Swenson, Amelia Thomson-Deveaux and The Associated PressJune 20, 2026
us
North America
U.S. Mens National Team wins consecutive World Cup games for first time since 1930, one goal away from record
By Andrew Destin and The Associated PressJune 20, 2026
c
Europe
Claude Guillemot, who built Ubisoft into a gaming empire, dies at 69 in plane crash
By Angela Charlton and The Associated PressJune 20, 2026
paz
North America
Bolivia’s president calls in military after road blockades uncork violence and death
By Isabel Debre, Paola Flores and The Associated PressJune 20, 2026
b
Environment
The pope knows Peru’s mines firsthand, but a top banker is pleading with him to change his mind on rare earths
By David Biller, Nicole Winfield and The Associated PressJune 20, 2026
meloni
Europe
Meloni rips into Trump for ‘completely fabricated’ claims about a photo opp at the G7 Summit
By Nicole Winfield and The Associated PressJune 20, 2026
j
Arts & Entertainment
James Burrows, director who defined the American sitcom from ‘Cheers’ to ‘Friends,’ dies at 85
By Beth Harris and The Associated PressJune 20, 2026
cuba
Economy
Trump’s Cuba sanctions force the island’s biggest economic shift since Castro: towards capitalism
By Andrea Rodriguez and The Associated PressJune 20, 2026
Iran floats ‘insurance fees’ and asserts control over Hormuz
Energy
Iran floats ‘insurance fees’ and asserts control over Hormuz
By Alex Longley, Alaric Nightingale, Ellen Milligan and BloombergJune 20, 2026
Utah’s measles outbreak has slowed, but the start of school and colder weather in the fall may create another surge. ‘It’s still transmitting’
Health
Utah’s measles outbreak has slowed, but the start of school and colder weather in the fall may create another surge. ‘It’s still transmitting’
By Devi Shastri and The Associated PressJune 20, 2026
New Fed Chair Kevin Warsh’s decision to drop forward guidance may actually empower the central bank’s other policymakers
Banking
New Fed Chair Kevin Warsh’s decision to drop forward guidance may actually empower the central bank’s other policymakers
By Christopher Rugaber and The Associated PressJune 20, 2026
‘I didn’t want a refund, I didn’t want my money back’: meet a grandma who paid $485 for World Cup tickets and never got them
Travel & Leisure
‘I didn’t want a refund, I didn’t want my money back’: meet a grandma who paid $485 for World Cup tickets and never got them
By R.J. Rico, Emilie Megnien and The Associated PressJune 20, 2026
Trump shows off new Air Force One, a gift from Qatar, and admits ‘a normal president wouldn’t do this’
Politics
Trump shows off new Air Force One, a gift from Qatar, and admits ‘a normal president wouldn’t do this’
By Seung Min Kim, Manuel Balce Ceneta and The Associated PressJune 20, 2026
Senators are particularly concerned about the $300 billion fund for Iranian reconstruction as Congress asks if war was worth it
Politics
Senators are particularly concerned about the $300 billion fund for Iranian reconstruction as Congress asks if war was worth it
By Lisa Mascaro and The Associated PressJune 20, 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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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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