Jul 1, 2026With a new Federal Reserve chair, can we expect a “Fed put” to promote stability in financial markets? Plus, teen jobs, home building, prediction markets, rush hour, and cowboy boots.
Federal Reserve Chair Kevin Warsh speaks to reporters during his first news conference since taking the helm at the central bank on June 17, 2026 in Washington, DC.Chip Somodevilla/Getty ImagesSegments From This EpisodeUnder new Federal Reserve Chair Kevin Warsh, can we expect a “Fed put” to promote stability in financial markets?Justin Sullivan/Getty ImagesIn the 1980s, about two in every three U.S. teenagers had paying jobs. Now, it's about one in three.
Frederic J. Brown/AFP via Getty ImagesSingle-family home construction spending is down 4% from last May, according to new Census Bureau data, as elevated mortgage rates and affordability pressures drag down demand.
Heather Diehl/Getty ImagesCritics have called it unethical and pointed out that people might start fires to collect on bets. On the other hand, prediction markets can highlight risk and change behaviors in the real world.
The Washington Post/The Washington Post via Getty ImWith people moving farther from city centers and commuting at more irregular hours, peak traffic times have shifted and stretched.
