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classified information. the white house scrambling to contain the biggest leak we ve seen in ten years. experts say the damage is done and more could be on the way. good morning. big morning. i m bill hemmer. dana: you are in a mood. i m dana perino, this is america s newsroom. the pentagon is trying to figure out who is responsible for the leak. it exposed military secrets and how the u.s. spies on its adversaries and friends. bill: it is making for awkward conversations and damage control on a global scale. it s tough to do. the u.s. is ramping up a criminal investigation into all this. c.i.a. director bill burns talked about it haltingly at rice university. listen. the deeply unfortunate leak of classified documents is certainly as intense as anything in that now part of the in box as well and it s something that the u.s. government takes extremely seriously. the pentagon and the department of justice have now launched a quite intense investigation to get to ....
Meanwhile, in pennsylvania, police are now expanding their manhunt for a convicted killer who has been on the run since escaping from prison a week ago. On capitol hill, Senate Republicans are hoping for answers today about minority leader Mitch Mcconnells health after he apparently froze twice in two months. And excessive heat is expected to break records across the country today while we have got our eyes on Tropical Storm lee expected to become a major hurricane in just a couple of days. And we begin this morning with the very latest on the legal drama surrounding former president donald trump. The judge overseeing the case will hold a hearing today on motions by codefendants Kenneth Chesebro and Sidney P ....
these pro-palestinian demonstrations popping up across the globe. including new york city, where protesters shut down grand central station last night, and in joe biden s hometown in delaware where crowds are gathering as we speak this morning. they are all demanding cease-fire but they are far from alone. french president emmanuel macron latest to urge israel to stop fighting and more than just four hours a day why israel benjamin netanyahu isn t having it and his top foreign policy advisor is here fighting it. and republican senator bill cassidy here to weigh in on what the president should be saying and doing about it all of that and this veteran eetion day lee greenwood what a voice on remembering folk who is keep us safe in a scary world right about now getting scarier by the minute. welcome everybody glad to have you i m neil cavuto we have a busy two hours well we have a busy world so much going on at the exact same time let s get to it especially many ....
Does it mean a recession? we could see a recession. i believe we ll see a recession later on this year because you are seeing demand destruction. with prices and rates as high as they are, companies are faced with much higher debt levels and debt rates. so there is a trillion dollars right now on corporate balance sheets that will roll over. years ago when they took on that debt, they were expected to pay 4%. now paying 9% or 10%. why you see bankruptcy numbers go higher and partly you saw the collapse of the silicon valley bank and signature bank. the banking crisis is a problem not part of the inflation story. short answer, yes, fed is doing the job of taking in inflation, but how much is that going to impact the slowing economy? will it take us into recession? dana: you talk about housing and mortgage situation. i read the headline banks are losing money for each mortgage they finance for the first time ever. there is all the things you buy ....