Tim Cook says iPhone price increase is 'unavoidable' - Mashable
We're still three months or more away from the unveiling of the iPhone 18, and outgoing Apple CEO Tim Cook likely won't be the one to introduce it (given that John Ternus takes over in September). But Cook has taken an extraordinary step — and arguably, taken one for Ternus — by warning consumers that this iPhone will be more expensive than its predecessors, thanks to an ongoing memory chip price crunch that won't end anytime soon.
Sleep Number files bankruptcy, plans $415M sale - USA Today
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Inflation and Kevin Warsh take center stage at the Federal Reserve’s interest rate meeting - NBC News
The Federal Reserve kept interest rates unchanged Wednesday at Chairman Kevin Warsh’s first rate-setting meeting as the central bank’s leader. “Economic activity is expanding at a solid pace despite elevated uncertainty that owes, in part, to the conflict in the Middle East,” the Fed said in a statement.
All eyes turn to Fed chair Kevin Warsh and his first moves on interest rates - AP News
1 of 4 | Federal Reserve Chairman Kevin Warsh speaks during his swearing-in in the East Room of the White House, Friday, May 22, 2026, in Washington. (AP Photo/Alex Brandon) 2 of 4 | Federal Reserve Chairman Kevin Warsh speaks during his swearing-in in the East Room of the White House, Friday, May 22, 2026, in Washington.