Fox News Hourly Update: 10AM ET, July 22, 2025
Released on July 22, 2025
Ghislaine Maxwell and the Jeffrey Epstein Case
The Fox News Hourly Update opened with significant developments in the Jeffrey Epstein controversy. Dave Anthony reported that Ghislaine Maxwell's lawyer affirmed to Fox News, “She will tell the truth” (00:02). This statement comes as supporters of former President Trump demand the release of all related files, challenging the FBI's conclusions.
Deputy Attorney General Todd Blanche emphasized the administration's commitment to transparency, stating, “President Trump has told us to release all credible evidence if Ghislaine Maxwell has information about anyone who has committed crimes against victims, the FBI and the DOJ will hear what she has to say” (00:30). Blanche further added that he anticipates meeting with Maxwell in the coming days to discuss potential cooperation with prosecutors.
Presidential Engagement with the Philippines
In economic and diplomatic news, President Trump is set to host Philippines President Ferdinand Marcos Jr. at the White House. This meeting aims to address critical issues such as China’s regional influence, security concerns, and trade relations. A significant agenda item is the impending 20% U.S. tariff on Filipino imports, scheduled to take effect next month. This tariff poses challenges not only to the Philippines but also to other countries facing similar potential tariffs, underscoring the ongoing negotiations to mitigate these economic impacts.
Treasury Secretary Scott Besant shared insights on future trade initiatives, stating, “We’re about to announce a rash of trade deals in the coming days. And a lot of these trade deals are going to include substantial investments in” (01:18). Though his statement was cut short, it hints at a strategic move to bolster trade relations amidst tariff threats.
U.S. Withdrawal from UNESCO
A significant policy shift was announced regarding the United States' relationship with UNESCO. Chris Foster reported that President Trump has decided to withdraw the U.S. from the United Nations Educational, Scientific and Cultural Organization, effective at the end of next year. According to a White House spokesperson, the withdrawal is due to UNESCO's support of “woke divisive cultural and social causes that are totally out of step with the common sense policies that Americans voted for in November” (01:32).
This decision marks a reversal from 2023 when the U.S. rejoined UNESCO under President Biden, reflecting a change in administration priorities and ideological alignments.
Stock Market Overview and Coca-Cola's Strategic Moves
The stock market presented a mixed performance in the early hours. Dave Anthony highlighted that while the Dow Jones Industrial Average rose by 53 points, the Nasdaq suffered a decline of 189 points following its record close the previous day. The S&P 500 also dipped by 21 points, indicating volatility in the markets. Notably, Coca-Cola's stock remained relatively stable with only a slight downturn, showing resilience amid fluctuating market conditions (02:16).
Jenny Coselda provided an update on Coca-Cola's strategic direction, revealing that the company plans to introduce a new version of Coke made with U.S. cane sugar, moving away from high fructose corn syrup. She quoted, “As part of its ongoing innovation agenda this fall in the U.S., it plans to launch a soda made with U.S. cane sugar and to expand its trademark Coca-Cola product range” (02:39). This initiative aims to enhance product diversity and cater to consumer preferences, complementing Coca-Cola's robust core portfolio.
Oil Prices and Gasoline Updates
Oil prices experienced a slight decline, with Dave Anthony reporting that prices are down by approximately 70 cents, sitting below $67 per barrel. Despite the dip in oil prices, gasoline prices at the pump remained relatively unchanged. The AAA's national average for regular gasoline saw a minor increase but remained at $3.14 per gallon, marking a 7-cent decrease from the previous month and 36 cents cheaper than the same day a year ago (03:21).
In Memoriam: Malcolm Jamal Warner
The news segment paid tribute to the late Malcolm Jamal Warner, an actor best known for his role as Theo Huxtable on "The Cosby Show." Dana Marie McNichol informed listeners that Warner tragically drowned while on vacation in Costa Rica. Despite efforts by beachgoers and the Costa Rica Red Cross, Warner was pronounced dead upon arrival (03:44). His passing adds to a concerning trend, with 21 people succumbing to rip currents this year alone, as reported by the National Weather Service.
Note: This summary excludes promotional content and focuses solely on the newsworthy segments discussed during the podcast episode.
Timestamps
- 00:02: Ghislaine Maxwell's lawyer statement
- 00:30: Deputy Attorney General Todd Blanche's remarks
- 01:18: Treasury Secretary Scott Besant on trade deals
- 01:32: U.S. withdrawal from UNESCO
- 02:16: Stock market overview
- 02:39: Coca-Cola's new product strategy
- 03:21: Oil and gasoline prices
- 03:44: In memoriam for Malcolm Jamal Warner