Money Talk 5-2-26

Powell's Swan Song This week Dave Spano and Dr. Brian Jacobsen break down a high-stakes geopolitical and monetary situation, from rising Middle East tensions and OPEC fractures to the puzzling drumbeat for rate hikes with high oil prices. We unpack a divided Fed, increasingly hawkish signals from global central banks, and what may be Chair Powell’s final act as leadership transitions are ahead. Economic data remains solid, with resilient GDP growth and jobless claims evoking a “Summer of ’69” moment for the labor market. Plus, myths about filing an extension and tools for finding long-term care for a loved one.