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Helping Ukraine battle Russia. I'm Dave Anthony. FOX News Heads of President Trump will consider this afternoon the day after saying he's no longer planning another summit with Russian leader Vladimir Putin, calling it a waste of time. Fox's Jared Halpern's at the White House.
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Today'S meeting between President Trump and NATO Secretary General Mark Ruta came together quickly and is intended to update the president on progress made in a program that NATO allies purchase American weapons. For Ukraine, President Trump is suggesting a ceasefire where Russia and Ukraine hold territory at current battle lines.
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You pull back and you go home and everybody takes some time off because you got two countries that are killing each other.
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Earlier today, Russia launched hundreds of missiles and drones targeting Ukraine's power infrastructure, again killing at least six people. Secretary of State Marco Rubio will return to Israel for more talks to keep the ceasefire in place. In Gaza, Vice President Vance is already there. We have a very, very tough task ahead of us, which is to disarm Hamas but rebuild Gaza. Hamas did hand over two more dead hostage remains, but 13 others still have not returned. A senator was up all night speaking out against President Trump. And Democrat Jeff Merkley is still going.
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We are in the middle of an authoritarian takeover. It's not down the street. It's not around the corner. It is here right now.
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Democrats blame the president and Republicans for the government shutdown now in day 22 for refusing to consider their health care provisions to a funding bill. GOP Senator Kevin Kramer tells FOX BUSINESS there is no end in sight because.
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As Bernie Sanders says, if the government shut down, if we reopen the government, we, quote, lose our leverage. So they see pain, federal workers and military men and women as leverage to get other policies passed.
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And now to Paris.
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The Louvre is open for business three days plus since thieves made off with $100 million worth of jewels. Folks lining up early to get in sounding relieved and not worried about safety issues.
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Fox's Greg Palcott the manhunt for those thieves continues. America's listening to FOX news.
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It's Will Kane, Country. Watch it live at noon Eastern Monday through Thursday@fox news.com or on the Fox News YouTube channel. And don't miss the show list. Follow the podcast five days a week at Fox newspodcasts.com or wherever you download your favorite podcasts. News.
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Stocks are down so far today. The Dow is dropping 109 points off yesterday's record high close. The Nasdaq is losing 12 points. The S&P 500 is down to the price of oil, dropping gold rather dropping again down another $17, still over 4,000 bucks an ounce. But it's off 8% from its recent all time high.
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Getting a pause, it refreshes in in these different asset classes have had such meteoric rises is a good thing.
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Jamie Cox, managing partner at Harris Financial Group, tells FOX Business gold's recent sell off is profit taking. It usually happens after records.
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It's actually good if you're bullish on commodities or gold to actually see a pullback. The last thing you want to see is an asset just go straight up. That generally does not end well.
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Gold's price dropped to the biggest decline in more than a decade on Tuesday. Gold tends to rise during periods of volatility. Jenny Coselda, FOX News.
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The price of oil is up a buck 50. It's back over $58 a barrel. Gas is up 2 cents today. But AAA's national average for regular 306 gallon still 12 cents down from a month ago. Energy Secretary Chris Wright just told Fox.
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U.S. oil production is at an all time high right now. It's amazing what just common sense messaging does. President Trump tells the Americans and American companies that he wants more energy, believes in more energy and what a surprise, we get more energy.
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There's yet another Trump investigation into the Biden administration.
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An internal investigation by the Homeland Security Department and Federal Emergency Management Agency found that FEMA employees would refuse to visit homes in disaster areas displaying political messages they disagreed with. For example, Trump signs after Hurricane Milton in Florida last year. A worker was fired over that the defense was Trump supporters had been threatening FEMA workers. This investigation finds the bias is more widespread than that going back to Hurricane Ida in 2021.
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Fox's Chris Foster. Tropical Storm Melissa in the Caribbean could grow into a hurricane tomorrow heading toward Jamaica and Haiti. I'm Dave Anthony. This is FOX News.
This episode provides a rapid summary of top U.S. and world news stories, focusing on current wars, U.S. politics, economic updates, and major events abroad. Key topics include U.S. support for Ukraine, the state of televised ceasefires in Gaza, an ongoing government shutdown, recent news from Paris following a museum jewel heist, financial market trends, U.S. energy production, an internal FEMA investigation, and a developing tropical storm in the Caribbean.
Ukraine and Russia
President Trump has canceled plans for another summit with Vladimir Putin, calling it a "waste of time." (00:09)
Trump met with NATO Secretary General Mark Ruta to discuss NATO members’ progress on purchasing U.S. weapons for Ukraine. (00:16)
Trump suggests a ceasefire proposal: both sides hold current territory and “take some time off.” (00:35)
"You pull back and you go home and everybody takes some time off because you got two countries that are killing each other."
— President Trump, (00:35)
Situation in Ukraine
Middle East & Gaza Ceasefire
Secretary of State Marco Rubio is returning to Israel to maintain the ceasefire.
Vice President Vance is in Gaza, focused on disarming Hamas and rebuilding the area.
"We have a very, very tough task ahead of us, which is to disarm Hamas but rebuild Gaza."
— Vice President Vance, (00:50)
Hamas has returned two more dead hostage remains; 13 hostages remain unrecovered.
Senator Jeff Merkley (Democrat) continues a public filibuster, criticizing the administration and warning of rising authoritarianism.
"We are in the middle of an authoritarian takeover. It's not down the street. It's not around the corner. It is here right now."
— Senator Jeff Merkley, (01:10)
Democrats blame President Trump and Republicans for the ongoing government shutdown (now in day 22) due to refusal to consider health care provisions.
GOP Senator Kevin Kramer criticizes Democrats, claiming they use the shutdown as leverage:
"As Bernie Sanders says, if the government shut down, if we reopen the government, we, quote, lose our leverage. So they see pain, federal workers and military men and women as leverage to get other policies passed."
— Senator Kevin Kramer, (01:28)
Louvre Museum has reopened three days after a $100 million jewel theft.
Visitors are returning, expressing relief rather than fear.
[Coverage by Fox’s Greg Palcott] (01:53)
Manhunt for the jewel thieves continues.
Stock Market
Gold
Gold drops another $17 but remains above $4,000/oz; down 8% from recent highs.
Jamie Cox, Harris Financial Group, explains recent gold selloff as profit-taking:
"Getting a pause, it refreshes in these different asset classes... is a good thing."
— Jamie Cox, (02:37)
"It's actually good if you're bullish on commodities or gold to actually see a pullback. The last thing you want to see is an asset just go straight up. That generally does not end well."
— Jamie Cox, (02:52)
Tuesday saw gold's largest single-day decline in more than a decade. (03:01)
Oil and Gas
Oil up $1.50 to over $58/barrel; gas is up two cents today but still down 12 cents from a month ago.
Energy Secretary Chris Wright credits President Trump’s support for energy production increase:
"U.S. oil production is at an all time high right now. It's amazing what just common sense messaging does. President Trump tells the Americans and American companies that he wants more energy, believes in more energy and what a surprise, we get more energy."
— Energy Secretary Chris Wright, (03:24)
Homeland Security and FEMA internal probe revealed some FEMA employees refused to visit disaster-area homes displaying political messages they opposed (e.g., Trump signs after Hurricane Milton in 2024).
One worker was fired; investigation finds broader bias going back to Hurricane Ida in 2021.
[Summary by Fox’s Chris Foster] (04:05)
This tightly packed episode delivers fast-breaking headlines and candid government, economic, and geopolitical updates, interlaced with strong opinions and direct attributions from key political figures. For those seeking essential, up-to-the-minute news, this FOX News Hourly Update provides concise yet comprehensive coverage.