US risks default as soon as June 1st

The Financial Exchange Show - A podcast by The Financial Exchange Network

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Mike Armstrong and Paul Lane react to the comments made by Janet Yellen that the US risks defaulting as soon as June 1st without a debt limit increase. The JOLTS report reveals some interesting numbers. The Fed will share its policy decision tomorrow, Mike and Paul preview what is likely to come from it. The Wall Street Journal believes that corporate greed is the driving force behind inflation. The Boston Globe goes after local country clubs for abusing tax credits. The price for flights might be getting cheaper in time for summer.