10AM ET 07/28/2026 Newscast

Summary

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Fox News Hourly Update - 10AM ET 07/28/2026

Host: Dave Anthony, FOX News Podcasts
Date: July 28, 2026

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Episode Overview

This episode delivers a concise roundup of the day’s top headlines, focusing primarily on major political developments in Washington, significant international conflicts involving the US, Ukraine, and Iran, notable business news, legal settlements, and immediate financial market trends.

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Key Discussion Points & Insights

1. Senator Lindsey Graham's Farewell at the US Capitol

• Context: The late Senator Lindsey Graham’s body was brought to the US Capitol. A military honor guard carried his flag-draped casket up the steps.
• National and World Attention: President Trump, who is scheduled to speak at Graham's funeral at Washington's National Cathedral, praised Graham on FOX and Friends.
  • Quote: "He was a great politician and a great gentleman."
    — President Donald Trump [00:23]
• Attendance: World leaders including Ukraine’s President Volodymyr Zelenskyy and Israel’s Prime Minister Benjamin Netanyahu will attend the funeral. Both are set to meet separately with Trump during the day.

2. Ukraine, US, and Iran: Conflicts Intensify

• Ukraine's Attack on Iranian Shipping:
  • Ukraine launched attacks on Iranian shipping in the Caspian Sea, claiming the ship was carrying military equipment from Iran to Russia.
• Analysis:
  • Lucas Tomlinson, White House Correspondent, explains:
    "Both wars feel closer together with the US and Ukraine having launched attacks against a common enemy, Iran. Ukraine said the ship was carrying military equipment between Iran and Russia." [00:48]
• US-Ukraine Relations:
  • Zelenskyy is meeting with President Trump, following tense negotiations last year.
  • Quote: "President Trump telling Zelensky, you don't have the cards right now after boosting his drone production from thousands to millions in a year after launching deep strikes into Russia. Now this Iranian ship. Some experts think Ukraine has a nice hand right now."
    — Lucas Tomlinson [01:03]
• Senate Action:
  • Tonight, Zelenskyy plans to meet with senators considering sanctions on Russia—a bill Graham had championed.

3. US-Israel Relations & Iran Nuclear Tensions

• Upcoming Trump-Netanyahu Meeting:
  • Focus: Preventing Iran from acquiring nuclear weapons, and the site known as "Pickaxe Mountain."
• Trump’s Warning:
  • Quote: "We took out their nuclear sites and we'll have to take out Pickaxe if we don't make a deal."
    — President Donald Trump [01:32]
  • Trump warns if talks with Iran collapse, the US would intensify attacks, targeting even civilian infrastructure.
    • "The president again warned to Fox if talks with Iran break down again, the US attacks will be worse, going after bridges and power plants.” [01:37]

4. Global Update: Japan Earthquake

• Event:
  • A 6.8-magnitude earthquake strikes Kumamoto region, Japan.
  • Impact: Collapsed buildings, multiple injuries, ongoing rescues, and significant damage to infrastructure.

5. Financial & Business Headlines

• Market Snapshot:
  • Dow jumps +361 points
  • Nasdaq falls -278 points
  • S&P 500 declines -16 points
  • Boeing stock rises nearly 4%
• Boeing’s Troubles:
  • Ashley Strohmeier reports: Over 400 Boeing 737 Max jets require seat fixes after FAA discovered faulty installations, endangering passenger safety.
    • Quote: "The FAA warned that the current seats were in danger of hurting passengers on all 69 track mounted passenger seats for over 400 planes."
      — Ashley Strohmeier [02:39]

6. Legal Settlement: Johnson & Johnson Talc Lawsuits

• Resolution:
  • Johnson & Johnson agrees to pay $5.5 billion to settle around 76,000 claims alleging baby powder caused ovarian cancer.
  • Terms: Agreement needs approval from 95% of plaintiffs; J&J denies claims but seeks closure after a favorable court ruling.
  • Quote: "Johnson & Johnson calls the claims meritless but says it's willing to settle in order to get closure. It won a significant victory last week when a judge questioned an individual plaintiff's ability to prove that talc specifically caused their ovarian cancer."
    — Lillian Wu [03:04]

7. Oil Prices & Gasoline Trends

• Oil Market:
  • WTI crude falls to ~$81/bbl; Brent at $86, after recent surges due to regional fighting.
  • Gas prices: National average just under $4.10/gallon.

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Notable Quotes & Memorable Moments

• President Trump on Lindsey Graham:
  "He was a great politician and a great gentleman." [00:23]
• Lucas Tomlinson on Ukraine-Iran Tension:
  "Both wars feel closer together with the US and Ukraine having launched attacks against a common enemy, Iran." [00:48]
• President Trump’s Warning to Iran:
  "We took out their nuclear sites and we'll have to take out Pickaxe if we don't make a deal." [01:32]
• FAA on Boeing Safety:
  "The FAA warned that the current seats were in danger of hurting passengers on all 69 track mounted passenger seats for over 400 planes." — Ashley Strohmeier [02:39]
• Johnson & Johnson Settlement Statement:
  "Johnson & Johnson calls the claims meritless but says it's willing to settle in order to get closure." — Lillian Wu [03:04]

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Timestamps for Key Segments

• [00:03] Senator Graham’s arrival at the Capitol
• [00:23] President Trump on Graham’s legacy
• [00:48] Ukraine attacks Iranian ship; international conflict analysis
• [01:18] Zelenskyy’s Senate meetings and sanctions bill
• [01:32] Trump-Netanyahu meeting and Iran nuclear concerns
• [01:37] Trump’s warning of escalated US attacks on Iran
• [01:45] Japan earthquake report
• [02:16] Financial markets and Boeing earnings
• [02:39] Boeing 737 Max safety recall
• [03:04] Johnson & Johnson legal settlement
• [03:48] Oil prices and gasoline trends

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This edition of the Fox News Hourly Update spotlighted the intersection of US domestic politics, shifting global alliances and conflicts, high-stakes legal settlements, safety concerns in aviation, and the direct financial impacts felt by Americans, offering a brisk yet comprehensive overview of the morning’s biggest developments.

Transcript

[Dave Anthony]

He's at the Capitol one last time. I'm Dave Anthony. FOX news. But this time late Senator Lindsey Graham arrived in a hearse, ready. And just minutes ago, a military honor guard carried his casket draped with an American flag up the 34 steps into the US Capitol.

[Donald Trump]

He was a great politician and a great gentleman.

[Dave Anthony]

That's what President Trump tells FOX and friends. And he'll speak at Graham's funeral this afternoon at Washington's National Cathedral. Ahead of right now is a ceremony in Washington honoring Graham at the Capitol. Two world leaders will also attend Graham's funeral later today. Ukraine's President Volodymyr Zelenskyy and Israeli Prime Minister Benjamin Netanyahu both meet with President Trump this morning. First, Zelensky right now, after Ukraine launched

[Lucas Tomlinson]

attacks on Iranian shipping in the Caspian Sea. Both wars feel closer together with the US And Ukraine having launched attacks against a common enemy, Iran. Ukraine said the ship was carrying military equipment between Iran and Russia.

[Dave Anthony]

Now that's fox's Lucas Tomlinson of the White House.

[Lucas Tomlinson]

We all remember the contentious Oval Office meeting last year. President Trump telling Zelensky, you don't have the cards right now after boosting his drone production from thousands to millions in a year after launching deep strikes into Russia. Now this Iranian ship. Some experts think Ukraine has a nice hand right now.

[Dave Anthony]

Tonight, Zelensky plans to meet with senators who may vote on a bill Graham was pushing before he died to impose new sanctions on Russia. The Netanyahu Trump meeting will be next hour as they try to prevent Iran from getting a nuclear weapon. And they'll discuss Pickaxe Mountain, where Iran may be storing more equipment.

[Donald Trump]

We took out their nuclear sites and we'll have to take out Pickaxe if we don't make a deal.

[Dave Anthony]

And the president again warned to Fox if talks with Iran break down again, the US Attacks will be worse. Going after bridges and power plants. There's rubble in Japan after an earthquake hit the Kumamoto region. The USGS says it was a magnitude 6.8. The Prime Minister reports there are collapsed buildings. Some people are injured, others need rescue. And there's damage to roads and bridges and power blackouts. America's listening to FOX News.

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[Dave Anthony]

on Wall street, the Dow and the Nasdaq are going in different directions. The dow surging up 361 points, but the NASDAQ is dropping 278. The S&P 500 down 16 points. Boeing stock is up almost 4%. Despite some negative news, the airplane manufacturer's second quarter earnings showed a bigger than expected loss. Fox's Ashley Strohmeier reports hundreds of the

[Ashley Strohmeier]

Boeing 737 Max jets need to be fixed after the FAA revealed on Monday that seats were incorrectly installed, saying they received, quote, a report that certain passenger seat assemblies were not correctly installed in the seat tracks. The FAA warned that the current seats were in danger of hurting passengers on all 69 track mounted passenger seats for over 400 planes.

[Dave Anthony]

Now an update on a long legal battle.

[Lillian Wu]

Johnson and Johnson, which spent more than a decade fighting claims it's to based baby powder caused ovarian cancer, has agreed to pay $5.5 billion to resolve remaining related lawsuits. The company saying Monday it's reached this agreement with firms representing plaintiffs in the roughly 76,000 outstanding claims. The deal must be accepted by 95% of the ovarian cancer claimants before it becomes final. Johnson Johnson calls the claims meritless but says it's willing to settle in order to get closure. It won a significant victory last week when a judge questioned an individual plaintiff's ability to prove that talc specifically caused their ovarian cancer. Lillian Wu, Fox News.

[Dave Anthony]

Oil prices are down more than 1% as the U.S. and Iran pause in fighting continues. WDI is back down to about 81 bucks a barrel. Brent crude has dropped to 86. Last week it hit 100 again as fighting had raged again. Gas prices, they surged back up recently as well. But this morning regular is down a penny. AAA's national average just under 410 per gallon. I'm Dave Anthony and this is FOX News.