Fox News Hourly Update (10AM ET, 10/23/2025) – Detailed Summary

Overview

This newscast from Fox News Radio covers major breaking stories from sports and politics to business and entertainment as of October 23, 2025. Top headlines include a federal gambling investigation impacting NBA figures, ongoing government shutdown drama in Washington, fresh U.S. sanctions on Russia, electric vehicle recalls, layoffs in the auto industry, energy price updates, a Broadway strike resolution, and NFL action.

Key Discussion Points & Insights

1. NBA Gambling Investigation Widening

• Federal gambling probe has led to arrests of current and former NBA personalities.

• Terry Rozier (Miami Heat player) and Chauncey Billups (Portland Trail Blazers coach, ex-Hall of Famer) are high-profile names caught up in the sweep.

• Billups’ involvement: Alleged links to a poker scheme with the American-Italian Mafia.

• Damon Jones, former NBA player/coach, also implicated.

• Connection to Jontay Porter: Porter received a lifetime NBA ban after admitting to altering game performance for prop bet gains.

  Quote – 00:24, Nate Foy:
  “He is allegedly involved in a poker scheme with the American Italian Mafia…all related to the same investigation that ultimately landed a lifetime ban for Jontay Porter.”

2. Government Shutdown: Stalemate and Senate Moves

• Shutdown enters Day 23, with workers impacted and no clear path to resolution.
• Senate GOP’s counter proposal: All working employees will get paid.
  • Sen. John Thune (R):
    • [01:08] “Anybody who is currently working and not getting paid would get paid under this proposal. The Democrats are going to try and counter it with a political gimmick…”
• Democrats’ stance: Blocking funding unless health care provisions are attached.

3. US and EU Sanctions on Russia & Diplomatic Fallout

• The European Union and US imposed new sanctions on Russia targeting top oil companies in response to continued war in Ukraine.
• President Trump canceled a planned second summit with Russia’s leader:
  • [01:33] “It didn’t feel right to me. It didn’t feel like we were going to get to the place we have to get. So I canceled it.” – Donald Trump

4. US Military Strikes on Suspected Drug-Trafficking Vessels

• US strikes on boats off the South American coast targeting “narco-terrorists.”

  • Legality in question: Critics doubt if these attacks are permitted.
  • Trump’s defense:
    [01:44] “We’re allowed to do it. It’s in international waters.”

• Casualties: Latest strike (Tuesday night) brings the total to 9 vessels destroyed, 37 killed.

5. Stock Market & Electric Vehicle News

• Stock market update:

  • Dow: +39 pts
  • Nasdaq: +101 pts
  • S&P 500: +21 pts

• Tesla setback:

  • Shares down 5% after disappointing summer earnings.

  • Recall: Nearly 13,000 Model 3 & Model Y vehicles (2025-26) due to battery defect, risk of losing acceleration.

    Quote – 02:53, Jill Naito:
    “The National Highway Traffic Safety Administration says the cars may lose the ability to accelerate while driving and that can raise the risk of a crash.”

• Rivian layoffs: 600 jobs cut amid industry struggles.

• Oil and gas prices: New Russian sanctions drive crude up by $3, now over $61/barrel. Gas at $3.07/gal (still $0.10 under last month).

6. Broadway Musicians Reach Contract Deal, Strike Avoided

• Tentative labor agreement reached with producers after all-night talks, narrowly halting a strike.

• Impact: Would have shut down 23 Broadway musicals.

• Terms:

  • Pay raises
  • Higher healthcare contributions

• Broader context: This follows a similar deal for actors in the past week.

  Quote – 03:51, Chris Foster:
  “The new three-year agreement includes pay raises and higher health care contributions. It’s the second Broadway labor deal in less than a week.”

7. NFL Week 8 Preview

• Minnesota Vikings vs. Los Angeles Chargers tonight kicks off Week 8.

  Host sign-off:
  [04:21] “The NFL season kicks off tonight. The Minnesota Vikings will play the Los Angeles Chargers. I’m Dave Anthony and this is FOX News.”

Memorable Quotes & Notable Moments

• Nate Foy on NBA/Mafia ties (00:24):
  “He is allegedly involved in a poker scheme with the American Italian Mafia…”
• John Thune on shutdown (01:08):
  “Anybody who is currently working and not getting paid would get paid under this proposal. The Democrats are going to try and counter it with a political gimmick…”
• Donald Trump cancels Russia summit (01:33):
  “It didn’t feel right to me. It didn’t feel like we were going to get to the place we have to get. So I canceled it.”
• Trump on legality of military strikes (01:44):
  “We’re allowed to do it. It’s in international waters.”
• Jill Naito on Tesla recall (02:53):
  “The National Highway Traffic Safety Administration says the cars may lose the ability to accelerate while driving…raise the risk of a crash.”

Timestamps for Important Segments

• NBA gambling investigation: 00:02–00:57
• Government shutdown coverage: 00:57–01:19
• US/EU Russia sanctions and diplomatic fallout: 01:19–01:38
• US military strikes on narco boats: 01:38–02:03
• Stock market and Tesla recall: 02:31–02:53
• Rivian layoffs, oil/gas price update: 03:26–03:51
• Broadway strike deal: 03:51–04:21
• NFL Week 8 tease: 04:21–end

Tone and Style

• Direct, newsy, and urgent—conversational delivery with a brisk, fact-forward style typical of Fox News Radio updates.
• Mix of rapid-fire headlines and terse expert input, peppered with official quotes to anchor major stories.

This summary provides a concise yet thorough record of the broadcast, enabling listeners to grasp all key headlines, context, and soundbites quickly.