10AM ET 10/03/2025 Newscast

Summary

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Fox News Hourly Update – 10AM ET, October 3, 2025

Main Theme

This episode delivers a concise roundup of key news on October 3, 2025, covering the sentencing of Sean "Diddy" Combs, the ongoing government shutdown, the Supreme Court's new cases, economic updates, a California refinery fire, a major shipwreck treasure discovery, and a baseball playoff update.

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Key Discussion Points & Insights

1. Sentencing of Sean "Diddy" Combs

• Federal Sentence Hearing: Sentencing takes place today for Sean "Diddy" Combs, who sent a letter to the judge asking for leniency.
• Prosecutorial Push: Prosecutors seek an 11-year prison sentence tied to two prostitution-related convictions emerging from Combs' sex scandal.
  • Quote (Reading of Combs' letter):
    “I ask you for mercy today not only for my sake, but for the sake of my children.”
    —Dana Perino, reading Combs’ words [00:12]
  • Admissions & Apologies:
    • “In my life, I have made many mistakes, but I am no longer running from them. I am so sorry for the hurt that it caused, but I understand that the mere words 'I’m sorry' will never be good enough as these words alone cannot erase the pain from the past.”
      —Dana Perino [00:28]
    • Combs notes he is “now sober for the first time in 25 years” and working on accountability and positive healing.

2. Government Shutdown Continues

• Day Three: Approximately 750,000 federal employees furloughed; essential employees work unpaid. Economic data—like the September jobs report—is delayed.
• Political Blame Game:
  • Labor Secretary Lori Chavez Darimer:
    “It’s so disappointing that the president has been putting the American worker first for his entire administration to just see the Democrats play games and shut down this government.”
    —Dana Perino, quoting Darimer [01:07]
  • Partisan Accusations:
    • Democrats accuse Republicans of refusing to negotiate, pointing to cuts in "the so-called big beautiful bill."
    • House Speaker Mike Johnson accuses Democrats of seeking health care coverage for illegal immigrants: “Go to speaker.gov... We put right there on the first page, the evidence. I have the receipts.”
      —Mike Johnson [01:32]
• Senate Stalemate: Another vote on a short-term funding plan expected to fail.

3. Supreme Court New Term & Cases

• Upcoming Term: Supreme Court session starts Monday; three new cases accepted.
• Notable Case: Second Amendment challenge from Hawaii regarding regulations on carrying firearms in public and private premises.
  —Dave Anthony [01:40]

4. Wall Street & Economic Updates

• Market Highs:
  • Dow up 227 points, S&P 500 up 9; both following all-time highs set previously.
  • Nasdaq slightly down after a record close.
• Oil & Gas:
  • Oil slightly up after a decline to $60/barrel.
  • AAA national average for gas: $3.15/gallon, down from previous months.
• Memorable Moment:
  “It is yet another record morning on Wall Street.”
  —Dave Anthony [02:10]

5. El Segundo Chevron Refinery Fire

• Incident Details:
  • Explosion and fire at Chevron El Segundo refinery in Los Angeles County.
  • Flames visible for miles; video captured around 9:30pm local time.
  • Fire contained within an hour; no injuries; shelter-in-place orders lifted.
    —Tanya J. Powers [02:52]
  • “All personnel have been accounted for. The cause of the fire is still under investigation.”
    —Tanya J. Powers [03:17]

6. Treasure Discovery off Florida’s Coast

• Historic Find:
  • Divers from 715 Fleet Queens Jewels LLC recover shipwreck treasure off Florida's Treasure Coast: over 1,000 Spanish gold and silver coins, circa 1715, worth ~$1 million.
  • Backstory: The coins were shipped from the Spanish colonies when a hurricane wrecked the fleet. —Tom Rigotti [03:26]
  • “The fortune was being shipped back to Spain in late July 1715 when a hurricane wrecked the fleet’s ships and spilled gold and silver into the sea.”
    —Tom Rigotti [03:52]

7. Baseball Playoff Update

• Playoff Field Set:
  • New York Yankees eliminate Boston.
  • Detroit Tigers and Chicago Cubs also advance.
  • Next round begins Saturday.
    —Dave Anthony [03:57]

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Notable Quotes & Memorable Moments

| Timestamp | Speaker | Quote | |-----------|---------|-------| | 00:12 | Dana Perino (reading Diddy) | “I ask you for mercy today not only for my sake, but for the sake of my children.” | | 00:28 | Dana Perino (reading Diddy) | “In my life, I have made many mistakes, but I am no longer running from them. I am so sorry for the hurt that it caused… I am now sober for the first time in 25 years.” | | 01:07 | Dana Perino (quoting Labor Sec. Darimer) | “It’s so disappointing that the president has been putting the American worker first for his entire administration to just see the Democrats play games and shut down this government.” | | 01:32 | Mike Johnson | “Go to speaker.gov... We put right there on the first page, the evidence. I have the receipts.” | | 02:10 | Dave Anthony | “It is yet another record morning on Wall Street.” | | 03:17 | Tanya J. Powers | “All personnel have been accounted for. The cause of the fire is still under investigation.” | | 03:52 | Tom Rigotti | “The fortune was being shipped back to Spain in late July 1715 when a hurricane wrecked the fleet’s ships and spilled gold and silver into the sea.” |

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Important Segment Timestamps

• 00:02 – Sentencing for Sean "Diddy" Combs
• 00:50 – Government shutdown update & political reactions
• 01:40 – Supreme Court’s new term & cases
• 02:10 – Wall Street and economic update
• 02:52 – El Segundo Chevron refinery fire coverage
• 03:21 – Florida shipwreck treasure discovered
• 03:57 – Baseball playoffs update

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This update provides a rapid-fire briefing on current national events with a focus on high-profile legal cases, government drama, financial news, and major headlines—presented with characteristic FOX News urgency and directness.

Transcript

[Dave Anthony]

How much time will he get? I'm Dave Anthony. FOX News Sentencing is this hour in federal court for Sean Diddy Combs who has a message for the judge.

[Dana Perino]

I ask you for mercy today not only for my sake, but for the sake of my children.

[Dave Anthony]

That isn't a letter the hip hop star singer and producer sent as prosecutors pushed for an 11 year prison sentence on two different prostitution related convictions stemming from Combs sex scandal. Briella Tomasetti with Fox 5 TV reads.

[Dana Perino]

More in one part, Diddy Riots. In my life, I have made many mistakes, but I am no longer running from them. I am so sorry for the hurt that it caused, but I understand that the mere words I'm sorry will never be good enough as these words alone cannot erase the pain from the past. In another, he says, I am now sober for the first time in 25 years. I have been trying my best to deal with my drug abuse and anger issues and take accountability as well as positive steps towards healing.

[Dave Anthony]

It's day three of the government shutdown that is furloughed about three quarters of a million federal employees. Others deemed essential keep working but won't get paid till there's funding. The September jobs report, a new unemployment rate did not get released this morning as the closure halts economic data collection and release. Labor Secretary Lori Chavez Darimer tells FOX.

[Dana Perino]

Business, you know, it's so disappointing that the president has been putting the American worker first for his entire administration to just see the Democrats play games and shut down this government.

[Dave Anthony]

Democrats blame Republicans for refusing to negotiate as they demand cuts the GOP made in the so called big beautiful bill be restored, including health care subsidiary subsidies rather. And they deny trying to give coverage to illegal immigrants. But House Speaker Mike Johnson just told fox Democrats do want that.

[Mike Johnson]

I would direct everybody right. Go to speaker.gov okay, that's my official website. We put right there on the first page the evidence. I have the receipts.

[Dave Anthony]

The Senate plans to vote again today on a short term funding plan, but that's also expected to fail. The Supreme Court's next term will start Monday and the justices this morning added three new cases to consider, including a Second Amendment issue out of Hawaii challenging a state law putting strict regulations on where people are allowed to carry guns in public places and private property. America's listening to FOX News this week.

[Dana Perino]

On the FOX True Crime podcast. I'm joined by retired FBI Special Agent Stacey Perkins. She discusses the bureau's Innocent Images initiative and the many child predators she has helped to bring down.

[Dave Anthony]

Listen and follow [e-mail] it is yet another record morning on Wall Street. The Dow is surging up 227 points. The S&P 500 is rising 9 on top of yesterday's all time high closings for both. But the Nasdaq, which also closed at a record yesterday, is down 4 points. Oil's up a little the day after its recent price decline dropped it down to 60 bucks a barrel. Gas is down a fraction. Triple A's national average for regular $3.15 per gallon, 4 cents cheaper than a month ago and a year ago. Speaking of gas, you might have seen video of this online or on the news. Huge flames shooting way into the sky at a California refinery.

[Tanya J. Powers]

The explosion and fire at the El Segundo Chevron refinery resulted in flames that could be seen for miles. Video taken around 9:30pm Local time showed a fireball and loud ro. El Segundo is in Los Angeles county where officials said within an hour of the explosion the fire had been largely contained, temporary shelter in place. Orders were issued, but there were no reports of injury. Local media reports say all personnel have been accounted for. The cause of the fire is still under investigation. Tanya J. Powers, FOX News.

[Dave Anthony]

A new discovery deep in the ocean, an old fortune.

[Mike Johnson]

Divers From Shipwreck Salvage Company 715 Fleet Queens Jewels LLC have uncovered a load of long lost Spanish treasure. Its estimated value $1 million. The discovery was made on the Atlantic side of Florida in waters known as Treasure Coast. The treasure hall includes over a thousand silver and gold coins believed to be minted in the then Spanish colonies of Mexico, Bolivia and Peru. The fortune was being shipped back to Spain in late July 1715 when a hurricane wrecked the fleet's ships and spilled gold and silver into the sea.

[Dave Anthony]

That's fox's Tom Rigotti. It's down to eight teams in the baseball playoffs after the new New York Yankees knocked Boston out last night. Detroit, the Tigers and the Chicago Cubs also won yesterday to advance to the next round. The next round starts Saturday. I'm Dave Anthony. This is FOX News.

[Dana Perino]

I'm Dana Perino. This week on Perino on Politics, I am joined by executive vice president at Targeted Victory Matt Gorman.

[Dave Anthony]

Listen and follow [e-mail] or wherever you.

[Dana Perino]

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