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
$100,000. any good gamble will tell you always quit when you are ahead because you never know when your luck might run out. saint patrick s day where we feel a little bit of luck of the irish, especially if you are joe biden? look at me and say joe, remember, the best drop of blood in you is irish. jesse: joe s irish roots have made him a lucky politician. over the weekend, actually all the weekend right before biden was elected to the senate at age 29, he was about to get hit hard with just an avalanche of negative attacks but mysteriously, his opponent s print shop that manufactured the mailers buckled, and he just slid into office. to fight all odds when he ran for the senate as an outsider in those 70s and then 40 years later when he was going nowhere in politics and obama was looking for a v.p., just just happened to check the right boxes, white, experienced and god knows how a foreign policy pro. all that luck sent joe right into the white house. so he ran for pre
hello and welcome to the programme. a group of big american banks has injected 30 billion dollars into a smaller regional bank, first republic, which had been seen as at risk of failure. it comes as fears grow of a crisis in the global financial sector. shares in european banks hit a two month low after the eurozone s central bank hiked interest rates by a half of one percent. the us treasury secretary, janet yellen, has insisted the us financial system remains sound despite a series of bank collapses. you i can reassure the members that the banking system is sound and that americans can feel confident that the deposits will be there when they need them. these actions demonstrate a resolute commission data may commitment that our financial system remains strong that our depositors remain safe. our north america correspondent, peter bowes joins us now. questions: so peter, what s prompted janet yellen to strike such a reassuring tone there? it has, for about a week now since
spaces. roam big wild and discover more. come to think of it. more wildlife in alaska making it the best kind of unbelievable. jesse: alaska is the perfect place to hunt and hike, ski, kayak or pop a chinese balloon. but, by now we all know that s not what happened. joe biden let the spy balloon float around north america for a whole week before a civilian spotted it in montana. so why is joe so gun shy? he didn t shoot it down in alaska where there is one person per square mile or in montana where there are more cows than people. biden let it go for 4500 miles. from the pacific to the atlantic, zigzagging in between our military bases and nuke site. soaking up our secrets like a sponge. and when joe finally popped it over the ocean. the debris spread just for about seven miles. you re saying biden couldn t find a 7-mile stretch in alaska or montana or anywhere else in the world s third largest country to take it down? we can put a tomahawk missile through a window in ji
voice-over: live from our studio in singapore, - this is bbc news. it s newsday. welcome to our viewers on pbs in america, and around the globe. eleven of america s biggest private banks have stepped forward with a $30 billion rescue package for the troubled first republic bank. fears had been growing that the regional lender might be at risk of failure, as a result of market turmoil. the us treasury secretary, janet yellen, insists the rescue deal is evidence of resilience in the country s banking system. ican i can reassure the members of the committee that our banking system is sound, and that americans can feel confident that their deposits will be there when they need them. this week s actions demonstrate our resolute commitment to ensure that our financial system remains strong, and that depositors s savings remain safe. our north america correspondent, peter bowes, told us what prompted janet yellen to strike such an upbeat note. for about a week now, since the collaps