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Fox News Hourly Update

4PM ET 04/03/2026 Newscast

03 Apr 2026

Transcription

Chapter 1: What are the details of the U.S. military pilot's rescue mission in Iran?

3.035 - 29.042 Elisa Brady

One U.S. pilot remains missing in Iran. Elisa Brady, Fox News. A search and rescue mission ongoing after another U.S. pilot was rescued. Their fighter jet, an F-15E, downed in southwest Iran. The U.S. military, so far not publicly confirming reports it was shot down. Israel pausing its strikes in Iran while the search and rescue continues. Also, sharing intelligence with U.S. forces.

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29.022 - 37.517 Unknown

A local news anchor in Iran with the state-controlled media out there essentially put out a bounty for the missing U.S.

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Chapter 2: How is President Trump's proposed budget impacting military spending?

37.577 - 43.267 Unknown

personnel, saying that locals should hand them over to local police for an unspecified reward.

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43.327 - 63.903 Elisa Brady

Fox's Mike Tobin in Tel Aviv. Fox's Jennifer Griffin just reporting a source confirming that there has been enemy fire during the search and rescue mission. And there is reporting the jet was shot down late Thursday night, the early hours of Friday morning in Iran, while it was still dark. The president has been briefed on this and remains at the White House.

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64.244 - 83.734 Elisa Brady

President Trump wants a bigger budget for the Pentagon, proposing a record $1.5 trillion, a 44% increase. The White House Budget Office says that would include a pay raise for troops, resupply munitions, and invest in a Golden Dome missile defense shield. The administration's annual budget request would cut non-defense spending by 10%.

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84.175 - 88.982 Elisa Brady

A lot more hiring than expected in the new employment report, 178,000 jobs.

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88.962 - 107.919 Kush Desai

White House spokesman Kush Desai says the March jobs report blew out expectations with strong construction job growth and a surge in manufacturing job creation. Desai adds Americans can rest assured an economic resurgence is set to accelerate after short-term disruptions of Operation Epic Fury.

107.999 - 112.763 Elisa Brady

Fox's Jared Halpern at the White House also highlighting wage growth outpacing inflation.

Chapter 3: What unresolved voting issues are lawmakers facing in Georgia?

113.144 - 126.537 Elisa Brady

No Wall Street reaction, though, with the markets closed for Good Friday. America is listening to Fox News. Lawmakers in Georgia wrapping up their session today with some key voting questions unresolved.

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126.717 - 147.758 Laura Cantor

The state's General Assembly going on break without reaching an agreement on how to replace Dominion voting machines despite a July deadline. Members from both sides of the aisle are now calling for a special legislative session as failure to come up with a plan could result in using hand-marked and hand-counted paper ballots in November.

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147.738 - 164.076 Laura Cantor

There is even the possibility that the Peach State's future elections, including the November midterms, could be decided by the courts. The legitimacy of Dominion voting machines has been under intense scrutiny since the 2020 presidential election. Laura Cantor, Fox News.

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164.056 - 182.817 Elisa Brady

A federal judge is rejecting the government's motion to reconsider his decision to quash two subpoenas related to Fed Chair Jerome Powell. The judge ruling last month, those subpoenas were likely politically motivated, aimed at pressuring the Fed chief over interest rates. The Justice Department launched a criminal probe into cost overruns on the Fed's headquarters renovation.

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Chapter 4: What legal challenges are surrounding Fed Chair Jerome Powell's subpoenas?

183.277 - 191.41 Elisa Brady

The DOJ is now expected to ask a federal appeals court to intervene. Rising gas prices are about to hit some Amazon shoppers.

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191.69 - 217.73 Unknown

Amazon is applying a 3.5% fuel surcharge on third-party sellers later this month. The sellers are independent merchants who use Amazon's warehouses and delivery services. The temporary fee goes into effect April 17th. United Parcel Service and FedEx have also recently raised fuel surcharges to reflect rising oil prices. The U.S. Postal Service recently announced its first ever fuel surcharge.

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218.05 - 223.435 Unknown

It's an 8% fee on packages shipped from April 26th to January 17th.

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223.455 - 232.665 Elisa Brady

Fox's Jenny Kosola, AAA's average for regular unleaded topping $4 a gallon right now, up more than a dollar since Operation Epic Fury began.

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Chapter 5: How are rising gas prices affecting Amazon sellers and consumers?

232.705 - 236.048 Elisa Brady

I'm Lisa Brady. This is Fox News.

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