A week has passed since our last rankings, which can only mean one thing… The latest edition of Power Rankings!

1. Yankees: A week of playing several mediocre teams hasn’t changed our opinion that the Yanks are the best team in the division, league, and sport. However, their success does not come without concerns–injuries threaten to slow their pursuit of a second consecutive World Series.

2. Rays: The Rays finally got their first no hitter in team history. Tampa Bay has won 5 in a row with that well-balanced approach, and they have been hot over the last few weeks. They have come back from the All Star game just as strong, and are looking to take advantage of a close race.

3. Rangers: Several games ahead of their competition in the AL West, the Rangers have relied on the incredible bats of Vlad Guerrero and Josh Hamilton to carry them through the first half. Cliff Lee pitched 3 complete games in his first 4 starts, and he is just as good as ever in his new uniform.

4. Padres San Diego has kept winning after the break, and are the best team in a very strong division right now, no small thanks to their pitching staff, which leads the league in ERA. However, to secure the NL West, they will need to hit much better. Adrian Gonzalez is the ONLY San Diego player in the top 120 NL OPS leaders. It is really, really difficult to put into words just how terrible that is.

5. Braves: The Braves fall a spot simply because they have only played mediocre ball in the last week. They may want to watch their backs, as the Phillies have cut the divisional deficit in half with a sudden charge. With Troy Glaus in a major slump, the Braves will need to step it up to keep the lead.

6. Cardinals: With one of the most complete teams in the league, the Cardinals have been on a tear. It won’t be long before their lights-out play puts them higher on this list, as they came back from the break with a vengeance. Adam Wainwright is undefeated at home, and has more wins and a lower ERA than all but one player in each respective category. Chris Carpenter makes one of the best 1-2s in baseball.

7. Reds: Joey Votto, Scott Rolen, and Brandon Phillips sure can hit–but the Reds will need to pitch considerably better to catch up to St. Louis in the NL Central race. They are holding steady at the lower end of the Power Rankings for now, but don’t be surprised to see them fall a bit in the coming weeks; they just don’t seem to have the talent to continue at this pace.

8. Giants: Winners of 8 of their last 10, the Giants have brought the heat since we chided their poor offense. In the interim, the Giants have jumped from being 10th in NL runs scored to being tied for 7th. Perhaps even more welcome, Matt Cain’s losses no longer outnumber his wins.

9. Red Sox: The middle child of the AL East, the Red Sox keep winning games, but nobody seems to notice. Unfortunately for them, the old standbys in the Bronx and the young upstarts in Tampa have the division in a chokehold. They need to rebound quickly from several post-break losses if they want to be taken seriously as a contender in the AL East.

10. Phillies: After many had left them for dead, the Phillies decided to wake up. The Phightin’s have won 7 straight games, and Ryan Howard is leading the charge. His .300 batting average is a welcome surprise in Philadelphia. A Shane Victorino injury meant an early callup for star prospect Domonic Brown, and he didn’t disappoint in his first start, going 2 for 3 with 2 RBIs. It will be interesting to watch him filling in a for a playing that wasn’t providing the Phillies with much offense anyway, and it will be very interesting to watch the Phillies in their quest to dethrone Atlanta in the NL East.