WSJ What’s News

U.S. Nears Default as Congress Deadlocks Over Debt Ceiling

05.04.2023 - By The Wall Street JournalPlay

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P.M. Edition for May 4. Shares of regional banks plunged on Thursday, with investors still worried about the spread of contagion from the March banking crisis. Banking and finance reporter Ben Eisen explains. Plus, the debate over the debt ceiling took on new urgency this week, with the U.S. set to run out of money as early as June 1. D.C. audio reporter Daniella Cheslow has more. Annmarie Fertoli hosts.

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