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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...

♪ very good wednesday morning to you, i'm jim sciutto. >> and i'm erica hill. happening right now, more than 4,500 civilians are stuck in the ukrainian city of bakhmut, this as russian forces launch a barrage of attacks on the fiercely contested area, president zelenskyy calling it the country's most difficult situation. as of now, though, ukrainian forces are still holding the line. cnn is on the ground in eastern ukraine and we will bring you the very latest. plus a political -- >> sorry, go ahead. >> it's all yours. >> plus a political shakeup in chicago. mayor lori lightfoot...

attorney general wants tech giants to flag you. "the lead" starts right now. attorney general merrick garland grilled on capitol hill today from classified documents to abortion rights, fentanyl to rising crime. the wide-ranging topics have put garland on the spot. and five close calls in 2023 and it's only march 1st. the latest, a private plane came 565 feet from a jetblue flight loaded with passengers at boston logan. are these frightening encounters happening more often or just being reported more often? plus, protests turning violent. the faceoff between police and anti-net...

the turkish city of antakya is one of the most severly damaged, with some of the country's significant historic monuments lying in ruins. now on bbc news, talking business. hello, everybody. a warm welcome to talking business weekly with me, aaron heslehurst. on the show, the windfalls of war. $200 billion, the total amount of profit taken last year alone by the world's major oil companies. president biden and other world leaders are accusing the oil companies of war profiteering at a time of a cost of living crisis not seen in a generation. instead of reaping the cash and paying muc...

new tornado emergency for you that storm right there is on the ground producing damage. we do know that it is a large and damaging tornado right now that just moved through winnie and parts of arkansas just to the north west of memphis, likely mrs memphis, but we'll keep watching that iowa city big storm just to your northwest was rotating for awhile. tornado was on the ground and things but on the ground since ottumwa, iowa, a long path so this area here from chicago through devenport all the way down to louisiana and mississippi, all part of the same system with e f to e f three's ...