5PM ET 08/04/2026 Newscast
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How could a new Iran deal secure ship passage through the Strait of Hormuz?
New optimism for an Iran deal. On Jack Callahan, Fox News. The Trump administration says it believes there will be a deal with Iran soon, allowing ships to safely transit the Strait of Hormuz. Treasury Secretary Besson saying the deal could come in a day or two. Iran's foreign ministry says talks with Oman have made progress. Crude oil prices fell another 5% today. The average price of gas ticked down a bit.
Why did crude oil and gas prices drop after Iran-Oman talks?
And Energy Secretary Wright says fuel prices should be coming down in the weeks ahead. All of that fueling a huge day on Wall Street.
The Dow skyrocketing 908 points. S&P gaining 136.
What caused the Dow and S&P to post record gains today?
NASDAQ surging 671.
Fox's Laura Cantor reports those were record closes for the Dow and the S&P 500. The Justice Department charging 19 people with defrauding Pennsylvania's Medicaid program of more than $4 million billing the state for home health care either not needed or not provided. Dr. Mehmet Oz, the head of the Center for Medicare and Medicaid Services, says blame the pandemic.
COVID appears to have unleashed massive fraud through grifters because criminals knew the federal government would not follow up on the money that was spending out. We told the world we were open for fraud and they could start harpooning us with their spears.
What fraud allegations and legal actions are unfolding in U.S. healthcare and government?
No mas, no more.
An assistant attorney general says in some cases patients conspired with the fraudsters and shared in the payments. The Senate Judiciary Committee advances the nomination of Acting Attorney General Todd Blanch on a party line vote.
They voted 12 to 10. All Republicans voted to advance Todd Blanch's nomination to the full Senate floor, which will happen later this week. All Democrats oppose this nomination. We heard a lot about the controversial $1.8 billion taxpayer fund that Todd Blanch said no longer exists any more.
Fox's David Spud, a federal appeals court ruling the Trump administration was not authorized to cancel certain green energy projects that had been pushed by the Biden administration. America is listening to Fox News. President Trump headed for the West Coast. He's to attend a fundraiser in Los Angeles before leaving Washington, again calling on Congress to cancel its summer recess until it passes the Save America Act to mandate voter ID. But Senate Majority Leader John Thune says the numbers aren't there.
There are no Democrats who are going to vote for this. All 47 voted against the SAVE Act five times.
Which local incidents — from wildfires to a salmonella scare — are affecting communities now?
So let's make this an issue in the campaign. How about we go out and turn our fire on Democrats and make it about them opposing the SAVE Act?
The president has called the SAVE Act the most important legislation before the Congress. An Ohio congressman embroiled in a bitter family dispute is asking the House to investigate him.
Ohio Rep Republican Max Miller posting on X that he's filed paperwork for the House Ethics Committee to formally investigate him amid calls for Miller, who's up for re-election, to step down over domestic violence and abuse allegations by his ex-wife, Emily Moreno, the daughter of Ohio Republican Senator Bernie Moreno. who on Monday called Miller unfit for office. The allegations in a bitter divorce and child custody battle that Miller's denied. The ethics committee also noting that the fact that it's investigating the allegations doesn't indicate that any violation has occurred. Jeff Manasso, Fox News.
The fire department in Los Angeles says it's identified the cause of last year's deadly Eaton fire, saying Southern California Edison equipment sparked it. The fire killed 19 people. The number of buildings destroyed in Washington State's wildfires has reached 700, and there's been an arrest. The Spokane County Sheriff's Office says a 37-year-old ex-con has been charged with first-degree arson for the Old Trails fire. If the lettuce doesn't get you, the peppers might. Chipotle says it's removing jalapenos from some of its restaurants after determining they could potentially be tied to a salmonella outbreak. I'm Jack Callahan, and this is Fox News. Fox News.
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Chapters
5 chapters
1
How could a new Iran deal secure ship passage through the Strait of Hormuz?
0:02–0:26
2
Why did crude oil and gas prices drop after Iran-Oman talks?
0:26–0:37
3
What caused the Dow and S&P to post record gains today?
0:37–1:15
4
What fraud allegations and legal actions are unfolding in U.S. healthcare and government?
1:15–2:24
5
Which local incidents — from wildfires to a salmonella scare — are affecting communities now?
2:24–3:57