Fox News Hourly Update: Episode Summary – "A Big Rebound on Wall Street"

Release Date: August 4, 2025
Host: Dave Anthony
Producer: FOX News Podcasts

Wall Street's Impressive Comeback

The episode kicks off with Dave Anthony reporting on a significant rebound in the stock market:

• Market Recovery:

  • The Dow Jones Industrial Average surged by 415 points, recovering much of the decline from Friday's major sell-off.
  • The Nasdaq climbed 334 points, while the S&P 500 added 74 points.
  • Despite the overall positive trend, Boeing's stock experienced a slight dip of 1%.

• President Trump's Allegations:

  • Dave Anthony notes that following a disappointing jobs report, President Trump took to Truth Social to accuse the Bureau of Labor Statistics (BLS) Commissioner, Erica McIntarfer, of rigging the numbers. Trump claimed she "rigged the report" after being fired and accused her of making "massive revisions to hiring numbers" to favor Democrats ahead of the 2024 elections (00:02).

• Employment Data Insights:

  • Madeleine Rivera provides further context, stating that in July, only 73,000 jobs were added. Additionally, the May and June employment figures were revised downward by 258,000 from earlier estimates (00:32).

• Response from Economic Experts:

  • Economic analysts contest Trump's claims, emphasizing that the BLS operates with strict procedures and that data collection involves hundreds of professionals. Kevin Hassett, National Economic Council Director, hinted at potential changes, suggesting that calculations might be adjusted to reduce future revisions and that a new BLS commissioner could be appointed soon (00:32).

Political Maneuvering: Texas Democrats Seek Sanctuary in Blue States

Transitioning to political news, Dave Anthony introduces the segment on Democratic lawmakers from Texas:

• Democrats' Strategy to Avoid Redistricting Vote:

  • Garrett Tenney reports from Chicago that Democrats have fled Texas to evade a vote on Republican-led congressional redistricting, which they argue is racially motivated. These lawmakers have taken refuge in blue states like Illinois, intending to remain out of Texas until the new maps are implemented before the 2024 midterm elections (01:03).

• Governor Abbott's Response:

  • Garrett Tenney details that Texas lawmakers who remain absent face a potential $500 daily fine. Texas Governor Greg Abbott has vowed to use all available measures to compel their return, including the possibility of removing them from office (01:14).

Manhunt in Montana: Army Veteran Accused of Mass Shooting

The podcast shifts focus to a developing story in Montana:

• Incident Overview:

  • On Friday, Michael Brown, an Army veteran, is accused of fatally shooting four individuals in a bar in Anaconda, Montana (01:42).

• Law Enforcement's Statement:

  • Montana Attorney General Austin Knudsen describes Brown as "a dangerous individual who has committed an absolutely heinous crime against this community and these victims," underscoring the severity of the situation and the urgency of the manhunt (01:48).

• Current Status:

  • It is now the fourth day of the manhunt, with law enforcement agencies intensifying their search efforts to apprehend Brown (01:42).

Boeing Faces Labor Disputes Amidst Stock Fluctuations

Returning to financial news, the episode delves deeper into Boeing's current challenges:

• Machinists' Strike:

  • Jenny Coselda explains that machinists in Boeing’s defense division, based in St. Louis and Illinois, are on strike following the expiration of their contracts. Represented by the International Association of Machinists and Aerospace Workers, approximately 3,200 workers have rejected the company's latest proposal (02:27).

• Impact on Boeing:

  • While the strike involves a smaller unit compared to the 30,000 union members who struck last year, it affects Boeing’s defense operations, including the production of military jet fighters and critical munitions components (02:27).

• Boeing's Preparedness:

  • Boeing has stated that it anticipated a possible strike and has implemented contingency plans to ensure that non-striking workers can continue operations smoothly, thereby minimizing disruptions to customers (02:27).

Energy Markets and Consumer Prices Remain Stable

The discussion moves to the energy sector and its impact on consumers:

• Oil Prices Drop:

  • The price of oil decreased by about $1.50, bringing it down below $66 per barrel following an announcement by OPEC+ countries to increase oil production in September (03:10).

• Gasoline Prices:

  • At the pump, gasoline prices remained unchanged, with AAA reporting the national average for regular gasoline at $3.15 per gallon—consistent with prices from the previous month (03:10).

Entertainment Update: Box Office Highlights

Shifting to lighter news, the podcast covers the latest in the entertainment industry:

• Top Grossing Films:

  • Terry Alminger reports that Marvel’s "First Family" retains the top spot at the box office, adding another $40 million from North American theaters and bringing the domestic total to over $198 million (03:28).

  • "Bad Guys 2", a newcomer comedy, holds the second position with $22 million from theaters in the US and Canada.

  • Paramount's "The Naked Gun", a slapstick comedy in its debut weekend, secures the third spot, earning $17 million (03:36).

• Presenter's Commentary:

  • Terry Alminger emphasizes the strong performance of these films in a competitive market, highlighting their widespread appeal (03:28 - 04:10).

Closing Remarks and Upcoming Shows

As the episode concludes, Dave Anthony and Trey Gowdy promote upcoming content:

• Trey Gowdy's Podcast Invitation:

  • Trey Gowdy invites listeners to join his podcast, "The Trey Gowdy Podcast," airing every Tuesday and Thursday. He encourages audiences to navigate life's challenges together and seek personal improvement (04:13 - 04:24).

• Subscription Information:

  • Listeners are directed to subscribe and follow the podcast on foxnewspodcasts.com or their preferred podcast platforms to stay updated with daily news coverage.

This episode of Fox News Hourly Update provides a comprehensive overview of the day's most pressing issues, from significant financial market movements and political strategies to local law enforcement actions and entertainment news. With detailed reporting and insightful commentary, listeners gain a clear understanding of the current events shaping the nation.