Fox News Hourly Update - 10AM ET, July 29, 2025

The latest episode of the "Fox News Hourly Update" delivered a comprehensive roundup of national tragedies, political developments, international conflicts, economic news, and local initiatives. Hosted by Dave Anthony, the episode provided in-depth coverage with insights from various experts and officials. Below is a detailed summary of the key topics discussed:

1. Tragedy Strikes New York City

The episode opened with heartbreaking news from New York City, where a tragic shooting resulted in the death of a police officer and three others.

• Incident Overview:

  • Dave Anthony reported, “He had two children and his wife is pregnant” (00:02), referring to the slain off-duty police officer.
  • The shooter, Shane Tamura, traveled across the country to execute his attack in an office building on Park Avenue.

• Official Response:

  • Mayor Eric Adams assured residents, stating, “And the city is going to be here to ensure they get the support that they deserve at this very difficult time” (00:14).

• Community Reaction:

  • Jonathan Savage highlighted the shock among local residents, noting, “It's a shock to find out that all this is going on. It's not something you really expect to see” (00:36).

• Shooter’s Background:

  • Authorities revealed that Tamura suffered from mental health issues and held a concealed carry permit (00:42).
  • Dave Anthony further disclosed, “He left a suicide note claiming he had CTE from football brain injuries. He never played in the NFL, but the league has offices in the building that got shot up” (00:48).
  • An NFL executive was among the wounded during the attack.

2. National Leadership and Ongoing Conflicts

The update transitioned to national leadership and the current geopolitical climate.

• President Trump’s Activities:

  • Dave Anthony mentioned, “President Trump is finishing up a round of golf in his new [location] in Scotland and then he'll head home, ending a five-day trip going back to Washington” (00:48).
  • Highlighting the President’s priorities, Eric Adams was quoted saying, “That's much more important than playing golf. As much as I like it, it's much more important” (01:10).

• Russia-Ukraine Conflict:

  • Dave Anthony reported, “The day after he shortened the deadline for Russia to stop the war in Ukraine or face new sanctions. Russian attacks killed at least 22 Ukrainians” (01:15).

• Israeli-Gaza Tensions:

  • The situation in Gaza remains tense with Israeli strikes targeting Hamas, resulting in at least 70 deaths, including those seeking food aid.
  • An unnamed analyst provided a cautiously optimistic outlook, stating, “Worst case scenario of famine is currently out, says the Integrated Food Security Phase Classification, or IPC” (01:32).
  • Efforts to alleviate the crisis include Israel’s announcement of new measures to increase food supply, with “260 trucks carrying aid able to get in yesterday” (01:32).

3. Economic News and Major Business Deals

The episode delved into significant economic developments, including stock market movements and major corporate mergers.

• Stock Market Update:

  • Dave Anthony provided a snapshot of Wall Street’s performance, noting, “The Nasdaq is adding 49 points, going to a new all-time high today. The S&P 500 is a 10-point rise to its record close yesterday. But the Dow is down 14 points” (02:29).
  • The fluctuations come amidst a two-day Federal Reserve meeting assessing the economy and inflation, with considerations of a possible interest rate cut.

• Union Pacific's Landmark Merger:

  • Ginny Coselda detailed the monumental $85 billion acquisition of Norfolk Southern by Union Pacific (02:54).
  • If approved by regulators, this merger will create America's first transcontinental railroad, seamlessly connecting over 50,000 route miles across 43 states from coast to coast.
  • The combined network will link approximately 100 ports, enhancing connectivity across North America.
  • A joint statement emphasized the commitment to supporting union employees, ensuring that every union member who desires employment in the merged company will be accommodated.

4. Local Initiatives: Pittsburgh’s Medical Debt Forgiveness

Highlighting a positive local development, the episode covered Pittsburgh’s initiative to alleviate medical debt for its residents.

• Medical Debt Relief Program:
  • Chris Foster reported, “More than 43,000 people in Pittsburgh will be getting notices that past medical debt is forgiven, more than $58 million worth total” (03:44).
  • This initiative is a partnership between the city and the nonprofit Undue Medical Debt.
  • The program targets Pittsburgh residents with a household income between 0% and 400% of the federal poverty level or those with medical debt constituting 5% or more of their annual income.
  • Notably, there is no need for residents to apply; qualifying individuals will automatically receive letters starting the week of the broadcast.

5. Energy Market Updates

Concluding with updates on energy markets, the episode provided insights into oil and gas prices.

• Oil Prices Surge:

  • Dave Anthony noted, “Price of oil is up more than a half dollar back over 67 bucks a barrel” (04:19).

• Gas Prices:

  • Conversely, gas prices saw a slight dip, with Dave Anthony stating, “Gas, though, down a penny, triple A national average for regular now 3.13 a gallon” (04:19).

The "Fox News Hourly Update" thus presented a well-rounded analysis of current events, blending local tragedies with global issues, economic news, and positive community initiatives. For listeners seeking a concise yet comprehensive overview of the day's most pressing topics, this episode delivered valuable insights and updates.

Timestamps Reference:

• 00:02 - Dave Anthony introduces the NYC shooting
• 00:14 - Eric Adams on support for victims
• 00:19 - Details on shooter Shane Tamura
• 00:28 - Jonathan Savage on community reaction
• 00:36 - Shock expressed by Jonathan Savage
• 00:42 - Mental health background of shooter
• 00:48 - Suicide note and NFL connection
• 01:10 - Eric Adams on President Trump's priorities
• 01:15 - Russia-Ukraine conflict updates
• 01:32 - Analyst on Gaza famine situation
• 02:29 - Wall Street performance
• 02:54 - Union Pacific’s merger with Norfolk Southern
• 03:44 - Pittsburgh’s medical debt forgiveness program
• 04:19 - Oil and gas price changes