4PM ET 08/04/2026 Newscast - Fox News Hourly Update

Summary5 min read

Fox News Hourly Update – 4PM ET 08/04/2026 Newscast

Host: FOX News Podcasts
Date: August 4, 2026

Episode Overview

This episode delivers a concise roundup of major national and international headlines as of August 4, 2026, with breaking financial news, diplomatic updates in the Middle East, healthcare fraud enforcement, political nominations, antitrust action against Amazon, federal law enforcement uniform policies, and foreign policy developments in Israel.

Key Discussion Points & Insights

1. Historic Wall Street Rally

Host (Jack Callahan) [00:03]: Announces record-breaking closing numbers on Wall Street.
- Dow Jones closes 940 points higher, surpassing 54,000 for the first time.
- S&P 500 rises by 139 points to a new high of 7,739.
- Nasdaq closes up 669 points.
- Crude oil prices drop by about 5%, with slightly lower national gasoline prices.
The surge is linked to optimism that a deal with Iran regarding the Strait of Hormuz is near.

Quote:
"The Dow Jones industrial average shown officially closing 940 points higher today, cresting 54,000 for the first time ever."
— Jack Callahan, [00:03]

2. US-Iran Strait of Hormuz Diplomatic Efforts

Reporter [00:35]:
- Biden administration confident a deal for free commercial shipping passage through the Strait of Hormuz could be signed imminently, possibly tomorrow.
- CENTCOM maintains a strict blockade around Iran.
- Iran claims not to negotiate directly with the US but acknowledges talks with Oman as intermediaries.
Quote:
"Such a deal could be signed as early as tomorrow...CENTCOM continues its tough blockade of Iran and all of its ports."
— [00:35]

3. Healthcare Fraud Bust in Pennsylvania

Correspondent (Dave Harrigan, Tel Aviv) and DOJ update [00:59]:
- Announcement of criminal charges against 19 individuals for defrauding Pennsylvania's Medicaid program, totaling more than $4 million.
- Notably, one defendant billed Medicaid for elder care while in jail.
Quote:
"In Philadelphia, we are announcing criminal charges against 19 defendants for fraudulent home health care schemes...over $4 million of fraud."
— Assistant Attorney General Colin McDonald, [01:08]

Memorable Moment:
"One of the defendants had billed Medicaid for providing elder care while he was in jail."
— Colin McDonald, [01:22]

4. Senate’s Judiciary Committee Advances AG Nominee

Political Update [01:22]:
- Judiciary Committee votes along party lines (12-10) to recommend Acting Attorney General Todd Blanche for a full Senate vote.
- All Republicans support, confirmation expected this week.
Quote:
"All Republicans voting yes. And now this will go to the full Senate floor where he is expected to be confirmed later this week."
— David Spunt, [01:36]

5. LA Fire Department’s Eaton Fire Determination

Host (Jack Callahan) [01:48]:
- Last year’s deadly Eaton fire found to have started due to sparks from a Southern California Edison transmission tower.

6. New Jersey Files Amazon Antitrust Lawsuit

Reporter (Gernall Scott) and State AG Update [02:06]:
- New Jersey sues Amazon alleging monopoly practices and poor working conditions for third-party delivery drivers.
- Attorney General Jennifer Davenport highlights alleged “inhumane conditions” and posts video statements.
Quote:
"We all get Amazon packages delivered to the door, but have you ever thought about how this multi trillion dollar corporation treats its drivers?"
— Jennifer Davenport, [02:11]

Quote:
"It's not legal and we're taking action."
— Jennifer Davenport, [02:32]
- Amazon spokesperson Steve Kelly rebuts, saying claims are “just wrong” and that delivery partners manage their own fleets.
Quote:
"Her claims are just wrong, adding its delivery partners make their own decisions on how they manage their fleet."
— Steve Kelly, Amazon, [02:34]

7. Federal Appeals Court – Clean Energy Program

Host [02:45]:
- Federal appeals court rules the Trump administration wrongly ended a major clean energy program.
- Ruling stayed pending Supreme Court appeal.

8. Federal Agents’ Mask Policy Blocked in NY

Reporter (Brian Yenis) [03:07]:
- Judge Mae D’Agostino rules New York can’t bar ICE agents from wearing face masks, citing constitutional supremacy.
- Officers from ICE, FBI, DEA, CBP can continue wearing masks and no IDs required, final ruling pending.
Quote:
"New York cannot impose its own uniform requirements on federal agents, such as simply because it disagrees with how the federal government is exercising its authority."
— Judge Mae D’Agostino, [03:07]
- NYC Democratic Socialist Mehra Zoram Mamdani responds, critiquing armed agents on city streets as a matter of public safety.
Quote:
"Public safety does not come from mass armed agents taking people off our streets."
— Mehra Zoram Mamdani, [03:44]

9. Israel-Gaza Update

Host (Jack Callahan) [03:44]:
- Israeli PM Netanyahu rejects withdrawal from Gaza until Hamas is fully disarmed, countering Trump-backed withdrawal plans.
Quote:
"Israel will not withdraw from Gaza until Hamas has been completely disarmed, pushing back on the withdrawal plan From President Trump's peace board."
— Jack Callahan, [03:44]

Notable Quotes & Memorable Moments

Wall Street’s Record: "… cresting 54,000 for the first time ever." — Jack Callahan [00:03]
Healthcare Fraud: "…had billed Medicaid for providing elder care while he was in jail." — Colin McDonald [01:22]
Amazon Lawsuit: "It’s not legal and we’re taking action." — Jennifer Davenport [02:32]
Federal Uniforms Ruling: "New York cannot impose its own uniform requirements on federal agents..." — Judge Mae D’Agostino [03:07]
Public Safety Critique: "Public safety does not come from mass armed agents taking people off our streets." — Mehra Zoram Mamdani [03:44]

Timestamps for Key Segments

| Segment | Timestamp | |---------------------------------------------------|------------| | Wall Street Record, Oil & Iran Deal Optimism | 00:03 | | Strait of Hormuz Negotiations & Blockade | 00:35 | | Pennsylvania Healthcare Fraud Bust | 01:08 | | Senate Judiciary Action on AG Nominee | 01:36 | | LA Eaton Fire Conclusion | 01:48 | | New Jersey vs. Amazon Lawsuit | 02:06 | | Clean Energy Program Court Ruling | 02:45 | | Federal Agents’ Mask Rule Blocked in NY | 03:07 | | Israel-Gaza: Netanyahu Responds to Withdrawal | 03:44 |

Summary prepared for listeners seeking a rapid, detailed breakdown of the Fox News 4PM newscast on August 4, 2026.

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Transcript15 lines

[00:03]
A
New records. On Wall Street, I'm Jack Callahan, Fox News. Dow Jones industrial average shown officially closing 940 points higher today, cresting 54,000 for the first time ever. The S&P 500 up 139 points to close at 77.39, also a record. Nasdaq closed 669 points higher. Crude oil prices down about 5% today. The national average price per gallon of gasoline slightly lower. The optimism over assurances from the administration that an agree agreement with Iran to open the Strait of Hormuz is close.
[00:35]
B
Administration officials continue to be confident that a deal for free passage of all commercial shipping through that strait is really on the horizon, that such a deal could be signed as early as tomorrow. In the meantime, CENTCOM continues its tough blockade of Iran and all of its ports. Iran in the meantime continues to insist it is not negotiating directly with the US But Iranian officials say they are negotiating with with Oman.
[01:00]
A
Fox's Dave Harrigan in Tel Aviv. The Justice Department's health care task fraud healthcare fraud task force says it's busted a costly health care fraud ring.
[01:09]
C
In Philadelphia, we are announcing criminal charges against 19 defendants for fraudulent home health care schemes that targeted Pennsylvania's Medicaid fraud program and resulted in over $4 million of fraud.
[01:23]
A
Assistant Attorney General Colin McDonald says one of the defendants had billed Medicaid for providing elder care while he was in jail. Senate's Judiciary Committee voting along party lines today to recommend the full Senate vote to confirm Acting Attorney General Todd Blanche.
[01:37]
D
Todd Blanche gets a favorable nomination out of the Judiciary Committee 12 to 10. All Republicans voting yes. And now this will go to the full Senate floor where he is expected to be confirmed later this week.
[01:49]
A
Fox's David Spunt the LA Fire Department concluding last year's deadly Eaton fire started by sparks from a Southern California Edison transmission tower. America is listening to fo. The state of New Jersey has filed an antitrust lawsuit against Amazon.
[02:06]
E
New Jersey AG Jennifer Davenport posed the question in a produced social media video.
[02:12]
F
We all get Amazon packages delivered to the door, but have you ever thought about how this multi trillion dollar corporation treats its drivers?
[02:19]
E
Davenport alleges Amazon is acting as a monopoly in retail goods and is using that power over its delivery service partners to create what she called inhumane conditions for drivers. She declared in video.
[02:33]
F
It's not legal and we're taking action.
[02:35]
E
Amazon spokesman Steve Kelly responded to Davenport's lawsuit, saying her claims are just wrong, adding its delivery partners make their own decisions on how they manage their fleet.
[02:46]
A
Gernall Scott, FOX News In a divided ruling. A federal appeals court has ruled the Trump administration wrongly ended a multi billion dollar program to boost clean energy projects. The ruling has been stayed for now to allow an appeal to the US Supreme Court. State of New York's attempts to ban ICE agents from wearing face masks has been blocked by a federal judge, Judge
[03:08]
G
May d', Agostino, ruling that under the Constitution Supremacy Clause, New York State cannot control how federal agents do their jobs. So at least for now, ICE, FBI, DEA and CBP officers can wear masks, no IDs required. A final ruling is to come, the judge writing, quote, new York cannot impose its own uniform requirements on federal agents, such as simply because it disagrees with how the federal government is exercising its authority. But New York City's democratic socialist Mehra Zoram Mamdani says public safety does not come from mass armed agents taking people off our streets.
[03:44]
A
Fox's Brian Yenis. Israel's Prime Minister Netanyahu says Israel will not withdraw from Gaza until Hamas has been completely disarmed, pushing back on the withdrawal plan From President Trump's peace board. I'm Jack Callahan. This is FOX News.