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FOXNEWS Fox Report With Jon Scott July 6, 2024



be allowed women s sports. good evening i am jon scott and this is the fox report. we will have more on both of these stories ahead. but first, bipartisan group of lawmakers wraps up its trip to taiwan per drawing threats from china. this as foreign house affairs committee chairman michael mccaul said if china invades taiwan, u.s. troops could be deployed to defend the island. aishah hasnie has the details from taipei. jon, good evening to you. people here in taipei are going about their daily lives despite the fact china is flexing its military muscles less than 100 miles away from this island. brand-new video released by the ccp shows a china s people liberation army watching three days of military drills. seventy-one chinese army jets and nine navy vessels were seen in just one day. some of these jets are crossing the median line and the taiwan strait for this happening presumably in response to a big meeting between president tsai ing- wen and kevin mccarthy ear ....

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What Recent Oil Spikes Could Mean for Stocks

Oil prices have surged 30% in the past three months ....

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FOXNEWS Fox Report With Jon Scott June 4, 2024 22:45:00

As you think says the president, what do you say? lexi does not have a lot of wiggle room for it is a difficult situation. he has drawn down significantly on the country strategic oil reserves and right now the strategic reserves are at a 30 year low. that has been a move to try to temper oil price increases. that option is quickly running out for him. those price increases from the saudi s as well as any continued volatility caused by the war in ukraine is really going to create headaches for him. i am expecting our elevated levels of gas prices as well as utility costs are going to continue on through most of 2023. and remember, jon, in that they ve been plateauing which is good news that are significantly higher than they were 20 30% higher than they were just a year end half or two years ago a lot of americans are still trying to deal with that when they ve only been getting raises of four, six, 7% but that s an issue book businesses and consumers will be struggling ....

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Hearst political analyst provides update on crisis in Ukraine

Marc Sandalow explains why President Joe Biden is hesitant to take military action and discusses the impact of his economic sanctions on Russia. ....

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