street. president biden pushes his case for a massive tax and spending increase in his new budget. and a stronger than expected jobs report is not necessarily what the fed wanted to see. we have fox team coverage tonight. charles payne in new york tells us what happened with the silicon valley bank and what that means for the rest of us. but we begin with white house correspondent peter doocy and the president s take on the unemployment numbers. good evening, peter. peter: good evening, bret. there was a run on a struggling bank known for loans to startups and things went south so quickly within about a 48-hour period that the feds came in to take control of the country s 16th largest bank. i think we got a good jobs report. peter: 311,000 last month better than expected. so no plans to back off the spending plan paid for with new taxes for the rich and corporations. ronald reagan was doing 8% tax rate. you know that whacko liberal guy. you know. peter: it s been ec
future rate hikes. the strong number suggesting we have a long way to go to tamp down inflation. dana: nothing to dissuade president biden from more big spending. he unveiled his election budget, $6.8 trillion. bill: more of a campaign stunt than serious proposal. republicans call it dead on arrival. the president begs to differ. dana: team fox coverage an all list from james freeman at the wall street journal. edward lawrence has the latest on the job numbers. good morning. those jobs numbers beat expectations. unemployment rate went up to 3.6 pers percent mainly because more people became unemployed than moved into a job. the people who were unemployed lost a job or finished temporary work. wages in this report are still out pacing inflation. if you look at the wage it is 4.6% year-over-year. that means workers are actually making seeing their paycheck go less far than they did. cpi inflation at 6.4%. the federal reserve is watching the wage growth. higher means
louisville police officers arriving to the active shooting and racing into louisville s old national bank. but first, the hunt. now infinances for the person or persons who leaked classified pentagon intelligence materials which sources tell fox news could present a serious risk to national security. kevin cork is live with us p with more on this. evening, trace. they re calling this biggest leak of classified documents in about a decade and it has created a major crisis in washington d.c. the leaks detailed alleged u.s. spying on allies. insights into american thinking on the war on ukraine and at least 22 neutral 22 two neutral countries mulling plans to join russiament the da is overseeing a you pointed out a criminal investigation of the leak. among the revelations that the ukraine air defenses are in peril. that that that pentagon, the u.s. intel on ra could be compromiseed, supporting domestic protests that south korea is concerned about supplying munitions to the u
video collaboration with bud lite and a transgender activist went viral and lead the calls for a boycaught. boycott. there is worry among distributors while a bar owner in missouri told fox business a that sales of budweiser dropped 50% in just the past week. the governor of north dakota signed two transgender athlete bans into law tonight. the laws would prohibit transgender girls from joining female sport teams from kindergarten through college. the bills likely would have passed with a vet o. ranter least 19 other states have passed similar restrictions. a new study shows that americans are working less than they did before the pandemic. the survey found that the average american isworking 36.9 hours a week. that down from 37.5 hours. shifting priorities towards a better work-life balance was cited as a reason for the big
International Olympic Committee President Thomas Bach says sports federations must not give in to the politics of governments when considering whether to ban athletes based on their passports.