Italics and Quotation Marks

Q. I copyedit a technical journal, and I have a question about how CMOS would handle the term “Fortune 500.” Is “Fortune” (as the name of a publication) set in italics while “500” is not, or is “Fortune 500” treated as a standalone brand or fixed term akin to a trademark, where “Fortune” would be set roman? Thanks.

A. That term could go either way, but we’d refer to it as the Fortune 500, without italics for “Fortune,” following CMOS 8.174: “When the title of a newspaper or periodical is part of the name of a building, organization, prize, or the like, it is not italicized.”

The Fortune 500 (an annual ranking of the top 500 companies in the United States published by Fortune magazine) is analogous to a prize, and the fact that the word “Fortune” is part of the name of the list is what determines our choice.

The Billboard Hot 100 presents a similar case. Some editors would style that as the Billboard Hot 100. But we’d use italics only if referring to that list in terms of the magazine that publishes it, as in Billboard magazine’s Hot 100, or Billboard’s Hot 100 for short.

[This answer relies on the 18th edition of CMOS (2024) unless otherwise noted.]