With the Featured Post Widget you can put a certain post in the focus and style it differently.
I've been troubleshooting performance issues with my site for the last week or so and getting no where....thinking maybe the hosting provider because the only changes to my site were adding this widget to the front page. I've had only one instance of this widget on my front page for some time and recently I had a need to add two more instances giving me three of these on my front page. That seems to been when performance issues started. Page load time skyrocketed to 18 or more seconds. And since these widget were in the content sidebar on the twenty fourteen theme, pretty much affected every page. Remove the widgets...problem goes away. I love what the widget is capable of but it appears to be bogging down site.
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