10AM ET 08/07/2025 Newscast

Summary

Fox News Hourly Update – 10AM ET | August 7, 2025

On the August 7, 2025, episode of the Fox News Hourly Update, host Dave Anthony delivered comprehensive coverage of the day’s most pressing news stories. The episode, released on the same day, encompassed a range of topics from national security incidents to economic updates and significant political developments. Below is a detailed summary of the key segments discussed during the broadcast.

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1. Fort Stewart, Georgia Shooting: Army Secretary's Response

Timestamp: [00:02 - 00:39]

The newscast opened with a somber report on the tragic shooting incident that occurred at Fort Stewart in Georgia. Army Secretary Dan Driscoll addressed the incident, emphasizing the military's commitment to preventing such events in the future.

• Dan Driscoll stated, “[We do not want something like this to ever happen again on an army base. And so if there are things we can do to improve safety, we will take those steps.]” [00:08]

Following a meeting with the five soldiers wounded in the attack, Secretary Driscoll lauded the bravery of the soldiers who acted heroically during the incident:

• Driscoll remarked, “They were unarmed and ran at and tackled an armed person who they knew was actively shooting their buddies, their colleagues, their fellow soldiers. Another soldier jumped on top of the person to subdue them until federal law enforcement was able to arrive.” [00:24]

He assured listeners that “justice will be done” as Sergeant Cornelius Radford remains in custody awaiting charges. Two of the wounded soldiers are still hospitalized as investigations continue. [00:39]

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2. Implementation of New US Tariffs and Commerce Strategies

Timestamp: [00:39 - 01:10]

The update transitioned to economic news, highlighting the enforcement of new US tariffs affecting imports from over 60 countries, with rates ranging between 10% to 41%. This move is part of the administration's broader strategy to bolster American industry and address trade imbalances.

President Trump announced on Truth Social that “billions of dollars are flowing in,” signaling a positive economic outlook. Commerce Secretary Howard Ludnick elaborated on the administration's role in fostering economic growth:

• Howard Ludnick conveyed, “He thinks of his role as the pe maker in the world and the creator of opportunity for America and he's going to use all the tools in his toolbox to use it. And he hasn't ruled anything out.” [00:58]

This statement underscores the administration’s proactive approach in utilizing various economic tools to enhance America’s market position globally.

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3. Potential Trump-Putin Meeting Amidst Ukraine Conflict

Timestamp: [01:10 - 01:38]

In international news, Russia has indicated that a meeting between President Trump and Vladimir Putin has been tentatively agreed upon. This development arrives just a day before the US deadline for Putin to cease Russia’s military actions in Ukraine or face additional economic sanctions.

• Yuri Ushakov, a Putin aide, confirmed, “A venue has been selected in principle and have been agreed upon.” [01:20]

The proposed meeting comes after significant diplomatic efforts, with Putin requesting negotiations during a recent meeting with special envoy Steve Whitcop, where “great progress was made.” [01:38]

This potential dialogue represents a critical juncture in the ongoing efforts to resolve the conflict in Ukraine peacefully.

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4. Texas Redistricting Battle and GOP Strategies

Timestamp: [01:38 - 03:02]

Back at home, Fox's Alexandria Hoff reported on the contentious redistricting efforts in Texas. Dozens of Democratic lawmakers have reportedly remained out of state, effectively blocking a congressional redistricting vote that could potentially grant Republicans an additional five House seats in the 2026 elections.

GOP Senator John Cornyn responded assertively, stating that the FBI has agreed to help track the Democrats down who have been fined. Additionally, Republicans are threatening to remove these lawmakers from office if they continue to obstruct the process. Cornyn emphasized the seriousness of the situation, highlighting the lengths to which the GOP is prepared to go to secure their political advantage. [01:38]

This political maneuvering underscores the intense battles over legislative control and electoral advantages ahead of the midterm elections.

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5. Stock Market Movements and Economic Indicators

Timestamp: [02:16 - 03:31]

The economic segment provided an update on the stock market and broader economic indicators:

• Stock Performance:
  • The Dow Jones Industrial Average gained 120 points.
  • The NASDAQ Composite rose by 207 points.
  • The S&P 500 increased by 34 points.

President Trump's focus is set to shift towards retirement accounts, specifically 401(k)s. He plans to sign an executive order enabling more diverse investment options, including private equity, real estate, and cryptocurrency. This initiative aims to enhance the flexibility and potential returns for American investors. [02:16]

Conversely, Intel's stock experienced a decline of over 2% following a Trump post on Truth Social demanding the immediate resignation of CEO Lipp Boo Tan. Trump labeled Tan as “highly conflicted,” a move that came after Republican Senator Tom Cotton sent a letter to Intel's chairman expressing concerns over national security and seeking transparency regarding any ties CEO Tan may have with China’s Communist Party. [02:38]

Ginny Coselda provided further economic insights, noting a modest increase in new claims for unemployment benefits by 6,000 to a total of 226,000. However, the number of continuing claims rose to 1.97 million for the week ending July 26th, marking the highest level in over three and a half years. This trend suggests that while new jobs are being created, layoffs are leading to prolonged periods of unemployment for many workers. [03:02]

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6. Tribute to Eddie Palmieri, Music Legend

Timestamp: [03:31 - 04:07]

In a heartfelt segment, the podcast mourned the loss of Eddie Palmieri, a pioneering figure in Latin jazz and the first Latino to win a Grammy Award. Carmen Roberts detailed Palmieri’s illustrious career, highlighting his innovative contributions to rumba and Latin jazz, his role as a pianist, composer, and bandleader, and his impressive discography that includes nearly 40 albums and collaborations with legends like Tito Puente.

Palmieri passed away at the age of 88 in his home in New Jersey after a long illness. His legacy as a trailblazer in music continues to inspire generations of artists and fans alike. [03:34]

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Conclusion

The Fox News Hourly Update on August 7, 2025, provided listeners with an in-depth analysis of critical national and international events, economic developments, and notable cultural losses. From addressing security concerns following the Fort Stewart shooting to navigating complex political and economic landscapes, the broadcast offered a multifaceted overview of the current state of affairs. Additionally, the tribute to Eddie Palmieri underscored the network's commitment to honoring influential figures in the cultural domain.

For those who missed the episode, this summary encapsulates the essential discussions and insights shared, ensuring a comprehensive understanding of the day's significant news.

Transcript

[Unknown]

FOREIGN.

[Dave Anthony]

It'S the day after the shooting at Fort Stewart in Georgia. I'm Dave Anthony, FOX News.

[Dan Driscoll]

We do not want something like this to ever happen again on an army base. And so if there are things we can do to improve safety, we will take those steps.

[Dave Anthony]

Army Secretary Dan Driscoll after meeting with the five soldiers wounded in yesterday's attack. Two remain hospitalized. He's also praising others as heroes.

[Dan Driscoll]

They were unarmed and ran at and tackled an armed person who they knew was was actively shooting their buddies, their colleagues, their fellow soldiers. Another soldier jumped on top of the person to subdue them until federal law enforcement was able to arrive.

[Dave Anthony]

Driscoll says justice will be done as Sergeant Cornelius Radford remains in custody awaiting charges. New US tariffs on imports for more than 60 countries went into effect this morning ranging from 10 to 41%. President Trump posted on Truth Social. Billions of dollars are flowing in. Commerce Secretary Howard Ludnick tells Fox Business.

[Howard Ludnick]

He thinks of his role as the pe maker in the world and the creator of opportunity for America and he's going to use all the tools in his toolbox to use it. And he hasn't ruled anything out.

[Dave Anthony]

Speaking of the president trying to make peace, Russia says a Trump Putin meeting's been agreed to the day before US Deadline for leader Vladimir Putin to stop Russia's war in Ukraine or face new economic sanctions.

[Yuri Ushakov]

A venue has been selected in principle and have been agreed upon. That's according to Putin aide Yuri Ushukov. Now that venue is going to be kept under wraps for now. This sit down request was prompted by President Putin who maybe ask during a meeting yesterday with special envoy Steve Whitcop where great progress was made.

[Dave Anthony]

Fox's Alexandria Hoff at the White House, dozens of Democratic Texas lawmakers remain out of state, blocking a vote on a congressional redistrict in the could give Republicans five more House seats in the 2026 elections. GOP Senator John Cornyn said this morning the FBI has agreed to help track the Democrats down. They've been fined and Republicans are threatening to remove them from office. America's listening to FOX news.

[Trey Gowdy]

Hey, I'm Trey Gowdy, host of the Trey Gowdy 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.

[Alexandria Hoff]

Listen and follow now@fox newspodcast.com.

[Dave Anthony]

Stocks are on the rise on Wall Street. The dow is gaining 120 points. The NASDAQ up 207, a 34 point increase for the S&P 500. Later today, President Trump will focus on 401ks. He'll sign an executive order to allow more options for investors in their retirement accounts, from private equity to real estate to cryptocurrenc. Intel's stock is down more than 2% after a Trump Truth social post demanding the CEO resign immediately. Calling Lipp Boo Tan highly conflicted the day after Republican Senator Tom Cotton sent a letter to Intel's chairman that he's concerned about national security, demanding that CEO Tan, who's an American citizen, reveal if he has any ties to China's Communist Party. We got this update to the economy this morning.

[Ginny Coselda]

New claims for unemployment benefits rose by just 6,000 last week to 226,000 continuing claims. The reading on those remaining on benefits continues to inch higher, 1.97 million for the week ending July 26th. It's the highest number of continuing claims in more than three and a half years. And it's a sign new jobs are less plentiful, so laid off workers are having to look longer for new employment. Ginny Coselda, FOX News.

[Dave Anthony]

A music legend is being mourned.

[Carmen Roberts]

Avant garde musician Eddie Palmieri, the first Latino to win a Grammy Award, has died. Considered one of the most innovative artists of rumba and Latin jazz, the pianist, composer and bandleader went on to win seven more Grammys over a career that spanned nearly 40 albums, including Masterpiece, recorded with Tito Puente. Palmieri's family says the native of New York City's Spanish Harlem died Wednesday at his home in New Jersey after a long illness. He was 88.

[Dave Anthony]

That's Carmen Roberts. I'm Dave Anthony, and this is FOX News.

[Alexandria Hoff]

This is Jason Chaffetz from the Jason in the House podcast. Join me every Monday to dive deeper into the latest political headlines and chat with remarkable guests. Listen and follow [e-mail] or wherever you download podcasts.