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Warsh's Fed is likely to hold rates steady — what the leadership change could mean for your money

Wouldn't be surprised if there was a rate hike this year, says Roger Ferguson

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"A Trump-friendly Warsh would probably still try to toe the line between sounding neutral and acknowledging that hikes are a possibility," according to a June 11 research note by Capital Economics.

Mortgage rates are now falling but demand is still weaker

In an aerial view, a residential neighborhood is seen on June 4, 2026 in Pembroke Pines, Florida.

Joe Raedle | Getty Images

A mixed week for mortgage rates resulted in less demand from both current homeowners and potential homebuyers. Total mortgage application volume fell 3.8% last week compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.

Tested: 2026 Tesla Model Y Performance Takes the Edge Off

06/17/26 UPDATE: This review has been updated with instrumented test results.

When a colleague asks Lars Moravy, Tesla's vice president of vehicle engineering, about the new 81-kWh battery in the 2026 Tesla Model Y Performance, the lights flicker. He speeds off into a rant. "The updated cell has new tabs and cathodes, and the jelly roll is constructed of a lithium-uranium paste that sits in a pool of Mercon V and is cooled by Dex-Cool—not the yellow kind, but the orange. In all, it's the same size and mass with more energy." Moravy is a human data center. We're certain he needs 1.4 gigawatt-hours of mental capacity just to retain this amount of information.

Strawberry Feta Pasta Salad with Greek Yogurt Poppy Seed Dressing

Sweet strawberries, salty feta cheese, tender pasta, crisp romaine lettuce, avocado, sliced almonds, and a tangy homemade poppy seed dressing come together in this fresh and colorful pasta salad. Strawberry feta pasta salad is perfect for summer cookouts, picnics, potlucks, and easy weeknight dinners. Feel free to add grilled chicken, shrimp, salmon, or chickpeas on top for extra protein.

Superconductivity breakthrough could unlock ultra-efficient electronics

Superconductors could one day help power a new generation of ultra-efficient electronics, but major technical hurdles have kept the technology largely confined to research labs. Now, scientists at Chalmers University of Technology in Sweden have developed a new approach that tackles one of the field's biggest challenges: maintaining superconductivity at higher temperatures while also resisting strong magnetic fields.

Three Iranian tankers exit U.S. blockade for first time in months as shipowners eye Hormuz in 'wary disbelief'

In this screen grab from a video released by U.S. Central Command, U.S. forces operating in the Arabian Sea enforced naval blockade measures against an Iranian-flagged cargo vessel attempting to sail toward an Iranian port on April 19, 2026 in the Arabian Sea.

UK inflation holds steady at 2.8% in May

A person shields themselves from the rain while walking near the Bank of England building on the day the Monetary Policy Committee lowered interest rates, in London, Britain, Dec.18, 2025.

Strawberry Jam - David Lebovitz

Strawberry Jam recipe

I was recently gifted an overload of strawberries: I bought four baskets from a vendor at the market, whose booth I shop at often, and he threw in two extra baskets for free, the equivalent of a carte de fidelité (loyalty card) in Paris. So I’ve spent the past few days washing, hulling, cutting and cooking my unexpected bounty.

Summer Fruit Galette

Being a baker, summer is my favorite time of year. Not only are peaches, nectarines, cherries and plums abundant at the market, but as the seasons progress, the volume of fruits lowers the price, and I stock up on whatever I can, whenever I can.

Summer Fruit Recipes - David Lebovitz Summer Fruit Dessert recipes

It’s summer! Whether you’re in or outdoors, hopefully for all of you there are beautiful summer fruits and berries to be had, and I hope that you’re able to get your hands on as many of them as you can. I am loading (actually, overloading…) myself up at the market. While a good portion on the fresh fruit gets eaten just as-is, some of it goes into the following dessert recipes that I continue to make year after year. Others go into jam, which is a great way to preserve all those summer fruits and berries, and make them last through fall and winter.