Fox News Hourly Update – 10AM ET 10/01/2025 Newscast

Main Theme

This episode centers on the breaking news of a U.S. federal government shutdown, covering its political causes, immediate impacts on federal services and employees, related protests in Chicago, and financial market reactions. Key voices from both parties weigh in, and the episode also briefly touches on economic updates and playoff baseball results.

Key Discussion Points & Insights

1. Federal Government Shutdown (00:01 – 01:29, 02:32)

• Immediate Announcement:
  • "Hundreds of thousands of federal workers put in limbo as the government shuts down."
    — Dave Anthony (00:01)
• Historical Context:
  • The shutdown is compared to 2018’s record 35-day standoff.
    — Correspondent (00:10)
• Political Stalemate:
  • Senate Democrats blocked a House-approved funding bill covering seven weeks.
  • Speaker Mike Johnson attributes the stalemate to priorities over healthcare for undocumented immigrants.
    • "They decided that giving free health care to illegal aliens is a higher priority apparently than keeping vital services going for the American people..."
      — Speaker Mike Johnson (00:31)
  • Johnson is open to health care tax credit negotiations, but “not while the government is shut down.”
    — (00:40)
  • Senate Minority Leader Chuck Schumer blames GOP for excluding Democrats from the funding bill:
    • "There was no input from Democrats. Not a single line in their bill had input from Democrats."
      — Chuck Schumer (00:58)
• Immediate Impacts Noted:
  • Federal workers face possible layoffs or working without pay.
  • Essential operations remain: mail, Social Security, airports (with unpaid staff), food inspections, IRS (5 days, special funding), ongoing tariff collections.
  • No new economic data from Labor Department, including jobs reports. — Chris Foster (01:08)

2. Protests & Security Measures in Chicago (01:29 – 01:55)

• Federal Law Enforcement Continues:
  • Despite the shutdown, federal law enforcement remains active.
• Immigration Protests Near Trump Tower:
  • Unrest in Chicago following news the National Guard might support ICE operations after a request from DHS.
  • ICE is using Naval Station Great Lakes as a hub. — Lucas Tomlinson (01:55)

3. Economic and Market Updates (02:32 – 03:59)

• Shutdown and Wall Street:
  • Markets see a downturn at the start of October: Dow down 95, Nasdaq dropping 94, S&P off 21 points.
  • Oil prices decline, gas prices steady.
  • Shutdown halts official jobs data, emphasizing alternative data sources.
• Private Sector Employment Report:
  • "The number of jobs created by private employers declined by 32,000 in September." — Jenny Coselda (03:15)
  • ADP expected 50,000 new jobs, but the shortfall signals a cooling labor market.
    • “This is a low or no hire, no fire economy.”
      — Neela Richardson, ADP’s chief economist, via Jenny Coselda (03:15)
  • Annual pay rose 4.5% in September.
  • Federal Reserve watches private sector data closely with official numbers on hold due to the shutdown.

4. Sports Brief: MLB Playoffs (03:59 – End)

• Headline Performances:
  • Shohei Ohtani and TE Oscar Hernandez each hit two home runs, leading the Dodgers to victory.
  • Boston, Chicago Cubs, and Detroit secure wins in playoff series openers.
  • Series continue today.

Notable Quotes & Memorable Moments

• "They decided that giving free health care to illegal aliens is a higher priority apparently than keeping vital services going for the American people. That's clearly what's happening here."
  — Speaker Mike Johnson (00:31)

• "There was no input from Democrats. Not a single line in their bill had input from Democrats."
  — Chuck Schumer (00:58)

• "The number of jobs created by private employers declined by 32,000 in September. Payroll processing company ADP was expected to report job creation of about 50,000... This is a low or no hire, no fire economy."
  — Jenny Coselda reporting (03:15), quoting Neela Richardson

Timestamps for Key Segments

• 00:01 – Breaking: Government shutdown, overview
• 00:17-00:48 – Capitol reaction, statements by Speaker Johnson & Schumer
• 01:03-01:29 – Effects on federal workers, services, and agency operations
• 01:29-01:55 – Law enforcement continuation and Chicago immigration protests
• 02:32-03:15 – Wall Street and economic update
• 03:15-03:59 – Employment report and economic implications
• 03:59-End – MLB playoff highlights

This episode offers a concise, impactful summary of the government shutdown’s national repercussions, partisan blame, practical consequences for federal workers and the economy, along with snapshots from Chicago protests and national sports. Listeners get a rapid-fire style news update suited for those seeking a quick grasp of the day’s urgent topics.