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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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Millennials say they’ll refuse to care for aging boomer parents—but they’ll be forced to as their inheritance shrinks to 40 cents on the dollar

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

Millennials say they’ll refuse to care for aging boomer parents—but they’ll be forced to as their inheritance shrinks to 40 cents on the dollar

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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Warsh considering reducing number of Fed meetings, NYT reports
Warsh considering reducing number of Fed meetings, NYT reports

Currently, Fed policymakers meet eight times a year for a two-day gathering.

By Enda Curran and BloombergJuly 31, 2026
Asia’s aging population doesn’t have to be a fiscal burden. With smart planning, it can be a growth opportunity
Asia’s aging population doesn’t have to be a fiscal burden. With smart planning, it can be a growth opportunity
By Runchana Pongsaparn and Koon Hui TeeJuly 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
After a nearly 1,000% surge, the AI debt orgy can’t last forever, while hidden borrowing has exploded to $1.65 trillion
By Jason MaJuly 31, 2026
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?
By Eleanor PringleJuly 31, 2026
bernie
16 Nobel laureates just warned AI could displace workers. Bernie thinks a sovereign wealth fund may be the answer
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
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Trump orders Iran attack as soon as this weekend, WSJ says
Politics
Trump orders Iran attack as soon as this weekend, WSJ says
By Jennifer A. Dlouhy and BloombergJuly 31, 2026
LinkedIn adds a ‘seems like AI slop’ button after blocking billions of automated comment attempts in the last few months
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LinkedIn adds a ‘seems like AI slop’ button after blocking billions of automated comment attempts in the last few months
By Marco Quiroz-GutierrezJuly 31, 2026
Y Combinator‑backed AI startup is under fire after its founder offered instant interviews to partygoers who got company tattoos, then apologized
Startups & Venture
Y Combinator‑backed AI startup is under fire after its founder offered instant interviews to partygoers who got company tattoos, then apologized
By Marco Quiroz-GutierrezJuly 31, 2026
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Startups & Venture
The power couple of AI is getting married in Carmel, days after groom Leopold Aschenbrenner’s hedge fund nearly blew up
By Eva RoytburgJuly 31, 2026
European nations have won more than half of all World Cups. Now they’re threatening to boycott the next one
Startups & Venture
European nations have won more than half of all World Cups. Now they’re threatening to boycott the next one
By Catherina GioinoJuly 31, 2026
Polar Monkeys Cold Plunge Review (2026): What Our Testing Team Thought
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Polar Monkeys Cold Plunge Review (2026): What Our Testing Team Thought
By Christina SnyderJuly 31, 2026
Mike Wirth, chief executive officer of Chevron.
Energy
Chevron posts largest quarterly profit ever, and Exxon income surges as Iran war squeezes oil supply
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
Retail
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
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Economy
Hard work isn’t enough to achieve the American Dream anymore, says Wharton professor. Welcome to the ‘Great Postponement’
By Eleanor PringleJuly 29, 2026
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    Despite nearing their 60s, nearly four in 10 Americans heading towards the end of their careers don’t even have a retirement account
    By Emma BurleighJuly 26, 2026
Trump broke his promise to lower—and eliminate—the national debt. A top investor thinks he’s the ‘worst-spending president in history’
Economy
Trump broke his promise to lower—and eliminate—the national debt. A top investor thinks he’s the ‘worst-spending president in history’
By Marco Quiroz-GutierrezJuly 29, 2026
t
North America
Netanyahu hails ‘excellent’ White House visit. Trump says he ‘wants me to stay involved’
By Erin Cunningham, Michelle L. Price, Farnoush Amiri and The Associated PressJuly 28, 2026
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Success
Despite making over $135K, 1 in 5 high earners feel ‘depressed’ when thinking about their finances—they may have ‘money dysmorphia’
By Emma BurleighJuly 28, 2026
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Economy
The brutal math behind Gen Z’s lonely weekends: $15 drinks are driving a generational ‘spending hangover’
By Nick LichtenbergJuly 28, 2026
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Economy
IMF praises ‘sacrifice of the Argentine people’ as Milei’s austerity measures bring end of debt deals into view
By Débora Rey and The Associated PressJuly 28, 2026
  • No, Miami isn’t more expensive than New York. But it may be less ‘affordable’
    Real Estate
    No, Miami isn’t more expensive than New York. But it may be less ‘affordable’
    By Catherina GioinoJuly 26, 2026
Jeff Zucker is banking on the UAE to help build his new $8 billion entertainment empire
Middle East
Jeff Zucker is banking on the UAE to help build his new $8 billion entertainment empire
By Melissa HancockJuly 28, 2026
‘The UAE has been a fantastic investor’: Jeff Zucker hails UAE partnership after Banijay merger
Newsletters
‘The UAE has been a fantastic investor’: Jeff Zucker hails UAE partnership after Banijay merger
By Melissa HancockJuly 28, 2026
President Donald Trump meets with Chinese President Xi Jinping in Beijing, China on May 14, 2026.
Economy
China’s exports are so huge they’re now lowering inflation in other countries
By Eleanor PringleJuly 28, 2026
Record heat gives way to global winter gas shortage fears as Iran war rages on
Energy
Record heat gives way to global winter gas shortage fears as Iran war rages on
By Jordan BlumJuly 28, 2026
Forget your degree: Gen Z say reselling their old clothes on Depop taught them more about business than college—and 85% of hiring managers actually agree
Success
Forget your degree: Gen Z say reselling their old clothes on Depop taught them more about business than college—and 85% of hiring managers actually agree
By Orianna Rosa RoyleJuly 28, 2026
  • The Trump administration has accrued roughly $26.7 billion across 30 equity or quasi-equity deals
    Economy
    The U.S. government invested $27 billion in corporate stakes. Good luck finding them
    By Eva RoytburgJuly 26, 2026
Elon Musk’s vision of a post-money future got mocked. Vinod Khosla warns it could become a dystopia instead
AI
Elon Musk’s vision of a post-money future got mocked. Vinod Khosla warns it could become a dystopia instead
By Nick LichtenbergJuly 27, 2026
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Retail
What Magic: The Gathering’s record year reveals about America’s stalled adulthood economy
By Nick LichtenbergJuly 27, 2026
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Energy
The Strait of Hormuz isn’t fertilizer’s first starring role — an 1856 law still defines U.S. overseas territory
By Edward D. Melillo and The ConversationJuly 27, 2026
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C-Suite
Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?
By Nick LichtenbergJuly 27, 2026
Photo of man walking past anti-U.S. graffit "Down with USA" in Tehran
Asia
U.S. and Iran edge toward talks as Hormuz shipping hits three-week low, regional officials say
By The Associated Press, Samy Magdy and Elena BecatorosJuly 27, 2026
Photo of a New Yorker mother
Economy
Fuel prices stemming from a war in Iran is reshaping daily life for people in the U.S. and Chile to Turkey and Nepal
By The Associated Press and Aniruddha GhosalJuly 27, 2026
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Economy
‘Kryptonite to November voters’: Trump’s Michigan visit puts the GOP’s dilemma on display
By Will Weissert and The Associated PressJuly 27, 2026
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Economy
Canada’s awkward tariff summer: Gordie Howe Bridge opens for traffic a week after Michigan and White House officials got uninvited
By The Associated PressJuly 27, 2026
trump
Commentary
In the Age of Big Players, $100,000 buys you a head start on Trump’s mood
By Steve H. Hanke and Roger KopplJuly 27, 2026
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Politics
The midterms may come down to just 20 House races, including ‘the swingiest swing state’: Pennsylvania
By Mike Catalini and The Associated PressJuly 27, 2026
President Donald Trump makes an announcement on American nuclear innovation in the Oval Office at the White House on July 24, 2026 in Washington, DC.
Economy
Trump can’t stop shooting himself in the foot, as the stage looks set once again for Warsh to hold—if not hike—interest rates
By Eleanor PringleJuly 27, 2026
Europe’s employers face a new challenge—keeping workers safe during heatwaves
Magazine
Europe’s employers face a new challenge—keeping workers safe during heatwaves
By Oliver BalchJuly 27, 2026
Photo of downtown Seattle
Real Estate
One-third of Seattle’s downtown is empty: Here’s how America’s boomtown turned into one of the toughest places to find a job
By Nick LichtenbergJuly 27, 2026
Money usually wins elections. Billionaires have already poured $433 million into the 2026 midterms—and 80% of it is going to Republicans
Politics
Money usually wins elections. Billionaires have already poured $433 million into the 2026 midterms—and 80% of it is going to Republicans
By Sydney LakeJuly 27, 2026
xi
AI
China is using the steel playbook on AI—and America’s tech billionaires are standing in the blast zone
By Nick LichtenbergJuly 27, 2026
the world
Economy
McKinsey: Global households got $40 trillion richer in 2025 as the paper wealth economy swelled to $1.8 quadrillion
By Nick LichtenbergJuly 27, 2026
Kospi index and U.S. stock futures jump as new Hormuz talks send oil prices plunging amid Iran war pause while Wall Street awaits Fed meeting
Economy
Kospi index and U.S. stock futures jump as new Hormuz talks send oil prices plunging amid Iran war pause while Wall Street awaits Fed meeting
By Jason MaJuly 26, 2026
Mideast oil may soon have no way out amid ‘everything everywhere all at once’ wars, but the crisis in refined products is even worse
Middle East
Mideast oil may soon have no way out amid ‘everything everywhere all at once’ wars, but the crisis in refined products is even worse
By Jason MaJuly 26, 2026
New tariffs could allow Trump to make levies permanent without going to Congress — ‘he’s trying every side door and every unlatched window to get in’
Economy
New tariffs could allow Trump to make levies permanent without going to Congress — ‘he’s trying every side door and every unlatched window to get in’
By Mae Anderson and The Associated PressJuly 26, 2026
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Retail
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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Millennials say they’ll refuse to care for aging boomer parents—but they’ll be forced to as their inheritance shrinks to 40 cents on the dollarplaceholder 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
By Alexei OreskovicJuly 30, 2026
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