10AM ET 07/23/2025 Newscast

Summary

Fox News Hourly Update – 10 AM ET, July 23, 2025

The latest edition of the Fox News Hourly Update provides comprehensive coverage of significant national and international events. This summary captures the key discussions, insights, and conclusions from the episode released on July 23, 2025.

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1. Brian Kohberger Sentencing Hearing

Host: Dave Anthony
Time Stamp: [00:02]

Dave Anthony introduces the segment on Brian Kohberger, who is set to speak at his sentencing hearing. Kohberger previously pleaded guilty to avoid the death penalty, opting for a life sentence instead.

Quote:
"Brian Kohberger could speak at his sentencing hearing." – Dave Anthony [00:02]

Guest: Kara Kernodle discusses the emotional toll of the case.

Quote:
"There's never going to be a good enough reason for why it happened." – Kara Kernodle [00:11]

Kernodle's daughter, Zanna, was one of the four University of Idaho students murdered by Kohberger in 2022. The segment highlights the impact on the victims' families and the legal proceedings surrounding the case.

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2. Menendez Brothers Parole Hearing

Host: Dan Stringer
Time Stamp: [00:25]

Dan Stringer reports on the upcoming parole hearing for the Menendez brothers, Eric and Kyle, who have been incarcerated since murdering their parents in 1989.

Quote:
"Prosecutors will be allowed to present evidence of Coburger's guilt." – Dan Stringer [00:25]

The brothers are currently eligible for parole after their life without parole sentences were reduced to 50 years to life, influenced by renewed interest and a Netflix documentary. They have alleged that their father sexually abused them, with their mother failing to intervene.

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3. President Trump's Executive Orders on Artificial Intelligence

Host: Griff Jenkins
Time Stamp: [01:14]

Griff Jenkins covers President Trump's planned executive orders aimed at establishing U.S. leadership in artificial intelligence (AI).

Quote:
"He'll lay out that vision and sign three executive orders that do this." – Griff Jenkins [01:22]

The three executive orders will:

• Target biased "woke" AI models.
• Facilitate the construction of data centers.
• Encourage the export of American technology through government financial institutions.

Additional Quote:
"We're doing things that have never been done in this country before, and our country is becoming very rich again." – Griff Jenkins [02:41]

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4. President Trump's Criticism of the Federal Reserve

Host: Griff Jenkins
Time Stamp: [01:40]

President Trump criticized Federal Reserve Chairman Jerome Powell on the social media platform Truth Social for not cutting interest rates, citing the negative impact on families.

Quote:
"[Trump] is being critical of Federal Reserve Chairman Jerome Powell for being stubborn, not cutting interest rates, saying families are being hurt." – Griff Jenkins [01:40]

This criticism follows a slight increase in mortgage rates, with the 30-year fixed mortgage rate reaching 6.84%, the highest in four weeks.

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5. Stock Market Update

Host: Dave Anthony
Time Stamp: [02:16]

Dave Anthony provides a snapshot of the current stock market, noting mixed performances across major indices shortly after the trading day began.

• Dow Jones Industrial Average: Up 171 points
• Nasdaq: Down 7 points
• S&P 500: Up 11 points, following a record high close the previous day

The uptick in the Dow and S&P 500 is attributed to new U.S. trade deals with Indonesia and the Philippines, setting tariffs at 19% on imports from these countries.

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6. Trump-Japan Trade Deal

Host: Cheryl Cassoni
Time Stamp: [02:46]

Cheryl Cassoni discusses the significant trade deal between the U.S. and Japan announced by President Trump.

Quote:
"Japan's going to invest, he says, at my direction, $550 billion into the U.S. which will receive 90% of the profits." – Cheryl Cassoni [02:50]

Key aspects of the deal include:

• Creation of hundreds of thousands of jobs.
• Japan agreeing to open its markets to U.S. cars, trucks, rice, and certain agricultural products.
• A lower 15% tariff compared to previous agreements.

President Trump emphasized the unprecedented nature of the deal and its benefits for the U.S. economy.

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7. Oil and Gas Prices

Host: Cheryl Cassoni
Time Stamp: [03:13]

Oil prices have decreased by approximately half a dollar per barrel, bringing the price below $65. However, gasoline prices have slightly increased by one cent.

Quote:
"Today, AAA's national average for regular is $3.15 per gallon. That is still 7 cents cheaper than a month ago." – Cheryl Cassoni [03:13]

This fluctuation reflects ongoing market adjustments amidst global economic conditions.

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8. Tribute to Ozzy Osbourne

Host: Griff Jenkins
Time Stamp: [03:40]

The episode pays homage to Ozzy Osbourne, the legendary Black Sabbath singer who passed away at 76.

Quote:
"Got to pay our respects to the legend." – Dan Stringer [03:45]
"Never lost his roots, never forgot his accent. It's just sad to feel like an absolute God of rock is gone." – Will Kane [03:47]

Fans are gathering in Birmingham, England, Osbourne's hometown, to honor his legacy. Alex Hogan adds that Osbourne, despite battling Parkinson's disease, made a memorable final appearance, sitting on a throne during his farewell show to over 40,000 fans.

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9. Closing Remarks and Promotional Segment

Host: Kara Kernodle & Will Kane
Time Stamp: [04:13 - 04:24]

Kara Kernodle promotes her Trey Gatti Podcast, inviting listeners to join her for weekly discussions aimed at personal growth.

Quote:
"I hope you will join me every Tuesday and Thursday as we navigate life together and hopefully find ourselves a little bit better on the other side." – Kara Kernodle [04:13]

Will Kane encourages listeners to follow the Fox News Podcast online.

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Conclusion

The Fox News Hourly Update delivered a comprehensive overview of major news stories, ranging from high-profile legal cases and executive actions to market movements and tributes to cultural icons. Through engaging discussions and authoritative reporting, the episode provided listeners with detailed insights into the events shaping the current landscape.

Transcript

[Dave Anthony]

It'll be an emotional day in court. I'm Dave Anthony, FOX News, where Brian Kohberger could speak at his sentencing hearing.

[Kara Kernodle]

There's never going to be a good enough reason for why it happened.

[Dave Anthony]

That's Kara Kernodle. Her daughter Zanna was among the four University of Idaho students coburger murdered in 2022. He pleaded guilty a few weeks ago to avoid the death penalty and get life in prison.

[Dan Stringer]

Prosecutors will be allowed to present evidence of Coburger's guilt. They could even call some witnesses from law enforcement. Then the defense will be able to argue why the judge should consider lenience. Family members of the four victims will then get to look Coburger in the eye and tell him what he took from them. Five of the eight parents now say they support the plea deal.

[Dave Anthony]

That's fox's Dan Stringer in Boise. There's a new call to release the Menendez brothers ahead of a parole hearing next month. Eric is now in the hospital being treated for kidney stones. He and Kyle have been in prison in California for murdering their parents in 1989.

[Kara Kernodle]

Renewed interest in the case and a Netflix documentary led a judge to reduced the brothers life without parole sentences to 50 years to life, making them eligible for parole. The Menendez brothers have claimed their father sexually abused them and their mother did nothing to stop him.

[Dave Anthony]

That's fox's Tom Rigotti. President Trump plans executive orders in a big speech today focused on artificial intelligence pushing to make the US An AI leader.

[Griff Jenkins]

He'll lay out that vision and sign three executive orders that do this. One will target woke AI models with political bias. Another makes it easier for companies to build data centers. And then a third will leverage the government's development financial institutions to encourage exports of American technology.

[Dave Anthony]

Fox's Griff Jenkins @ the White House where the president posted on True Social a short time ago another rant critical of Federal Reserve Chairman Jerome Powell for being stubborn, not cutting interest rates, saying families are being hurt. And he wrote it after mortgage rates inched up again slightly to the Highest level in four weeks, 6.84% for a 30 year fixed mortgage. America's listening to Fox News.

[Will Kane]

It's Will Kane COUNTRY Watch it live at noon Eastern Monday through Thursday@fox news.com or on the Fox News YouTube channel. And don't miss the show. Listen and follow the podcast five days a week at foxnewspodcasts.com or wherever you download your favorite podcasts.

[Dave Anthony]

Stocks are mixed right now, half hour into the trading day. Dow up 171 points. But the Nasdaq has moved lower. It's down 7, the S&P 500, adding 11 points to yesterday's record high close. And all these gains for the Dow and the S and P come the day after new US Trade deals with Indonesia and and the Philippines, setting tariffs at 19% on imports from those countries.

[Griff Jenkins]

We're doing things that have never been done in this country before, and our country is becoming very rich again.

[Dave Anthony]

And President Trump says the deal with Japan is even bigger with a lower 15% tariff.

[Cheryl Cassoni]

Of course, he used Truth Social to confirm this new deal. Japan's going to invest, he says, at my direction, $550 billion into the U.S. which will receive 90% of the profits. The deal will create hundreds of thousands of jobs. There's never been anything like it. Perhaps most importantly, Japan will open their country to trade cars and trucks, rice and certain other agricultural products.

[Dave Anthony]

That's FOX Business Network. Cheryl Cassoni, the price of oil is down about a half dollar. It's back under 65 bucks a barrel. Gas, however, has risen a penny. Today, AAA's national average for regular is $3.15 per gallon. That is still 7 cents cheaper than a month ago. Ozzy Osbourne fans keep paying tribute the day after the rock legend and Black Sabbath singer died at the age of 76.

[Griff Jenkins]

Fans today are flocking to Birmingham, England, his hometown.

[Dan Stringer]

Got to pay our respects to the legend.

[Will Kane]

Never lost his roots, never forgot his accent. It's just sad to feel like an absolute God of rock is gone.

[Griff Jenkins]

Just weeks ago, Ozzy Osbourne reunited with his Black Sabbath bandmates in Birmingham to perform a final farewell show to more than 40,000 fans.

[Dave Anthony]

Fox's Alex Hogan. Ozzy sat on a throne during that show. He had been suffering from Parkinson's disease. I'm Dave Anthony and this is FOX News.

[Kara Kernodle]

Hey, I'm Trey Gowdy, host of the Trey Gatti Podcast. I hope you will join me every Tuesday and Thursday as we navigate life together and hopefully find ourselves a little bit better on the other side.

[Will Kane]

Listen and follow now at foxnewspodcast. Com.