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tv   Fox News Live  FOX News  July 16, 2023 10:00am-11:00am PDT

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that's when i decided to introduce the farmer's dog to her diet. it's just so fresh that she literally gets bubbles in her mouth. now she's a lot more active, she's able to join us on our adventures. and we're all able to do things as a family. ♪ get started at betterforthem.com ♪ muck. mike: sweltering heat gripping parts of the country with no relief in sight. more than 93 million americans are under weather alerts today as the potentially deadly heat wave remains parked across the southern and western united states threatening to break all-time records. meanwhile, millions across the northeast are under flood watches as heavy rain soaks the region. at least four people have been killed in the flooding, and several others are missing. welcome to "fox news live," i'm mike emmanuel. we have fox team weather
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coverage of the extreme weather with meteorologist adam klotz standing by and robert ray on the ground in san antonio, texas. but we begin with matt finn who is live in santa monica california, with the latest on the blistering heat. hello, matt. >> reporter: hi, mike. it's been pretty hot and sunny here all morning long here in santa monica. now these clouds or perhaps the ma rein layer has rolled through which is serving as some relief from the hot sun. traditionally, the beach is an escape from more inland los angeles. we actually talked to a family a short while ago who came here all the way from las vegas to escape the heat there, and all morning long we've been talking to people who say they just want to get out of their hot and stuffy neighborhoods inland in l.a. and come here along the water. >> we don't want to come later on, cool, crisp weather. >> it totally depends where you live. if you live in the valley, you're sweltering.
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if you with live anywhere near the beach, it's absolutely beautiful. >> reporter: and the national weather service has issued an excessive heat warning all the way through tuesday for the desert, mountain and valley regions of southern california. and yesterday there were record highs all across california, 1 # 12 degrees in lancaster, 111 in palmdale, 112 in paso row bless and 102 in sandberg, and in phoenix, arizona, the national weather service reports this morning's low of 94 at phoenix sky harbor airport, that ties the warmest record low set in 2010, so the people of phoenix are waking up to 94 after reaching a high of # 18 degrees yesterday. here in los angeles during the extreme heat, the city converts public libraries and recreation areas into cooling shelters. they have air-conditioning and pents are welcome, and they are -- pets are welcome, and they are open throughout the city today. mike: matt finn live on the beach in santa monica, thanks
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very much. now to the southern united states where san antonio, texas, is seeing scorching temperatures this weekend and a high risk for heat-related illnesses. fox weather's robert ray is there with more. hello, robert. >> reporter: hey, mike, good afternoon to you from the beautiful riverwalk here in san antonio, texas, where is baking, unfortunately. they have seen the highest heat index on record just the other day at 117 degrees. today going with about 103 degrees which is the actual temperature. unfortunately, they've been over 100 for the past week or so, and if you look at the fox weather app, the forecast for the next 14 days not good. over 100 degrees for highs the entire time. the city of san antonio, as you look at some of this video of the beautiful city and is some of the tour toists out there, emergency -- tourists out there, emergency officials have received more heat-related phone calls in the past two weeks than they have in the past five years. so it is not a good scene.
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but i am traveling across the country right now, mike, cruising across america. you can follow us on the fox weather app, on air and on fox news, and this is the middle of my trip. and as i came in here yesterday evening, i made a stop to one of the most historical landmarks here e in the south. take a look. going to back up to the alamo welcome center and see how they're dealing with the heat. a little spontaneous with here. hey, guys. >> hi. >> reporter: robert ray with fox weather. how are you dealing with this heat? i have to ask. >> i am trying to deal with it. i'm just drinking a lot of water. >> reporter: it's brutal. >> very brutal. >> reporter: gotta ask you, how. >> are you dealing with this oppress i have heat? -- oppressive heat. >> it's you have rough. stay hydrated. >> reporter: a lot of people at the alamo today or not so much because it's so hot? >> they're still coming. >> reporter: that's awesome. >> no matter the weather, they're still here. >> reporter: thank you, guys, i appreciate it. going to go check it out.
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yeah, very friendly ladies here at the alamo. and look at this, guys, 1835 is when the texan army and the mexican army had their standoff. it was december of 1835. check this out, look, that is the alamo in december, and i can't imagine it was as warm as it is right now here in december of 1835. no, it definitely was not that warm. and when you're out in these temps in the sun at the alamo, you've got to wear a hat whether it's a cowboy hat or a visor and sunscreen is, indeed. this is going to continue, unfortunately. let's just hope this is not a repeat of flash drought situations like we saw in 2007 which cost the state of texas billions of dollars, mike, not good. people need to be safe. heat kills the most people every year as far as weather-related events. i'm on my way west, i'll end up in santa monica pier on thursday cruising across america.
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mike: robert ray from fox weather, safe travels. thanks for your report. and for more on the relentless,es scalding temperatures, meteorologist adam klotz is live from the fox weather center. hello, adam. adam: hey, mike. across the nation really does system it up because tens and tens and tens of americans are dealing with this all the way from miami where it's 92, but with the humidity, it feels up over triple digits, stretching across the southern tier of the country. really some extreme heat, we have some heat advisories in place including south florida from panama city beach, through new orleans, across texas and a big chunk of the western half of the country all with some sort of heat alert currently in place. it is the west where you're seeing a whole lot of potential record-breaking highs here on this sunday. every one of these indicators could be a new record high for the day, a lot of temperatures climbing up into the # # 10, 117-118 degree range, real intense heat this part of the
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country. i do want to show you briefly continuing to track heavy showers in the eastern half of the country, the only spot where maybe it's a little bit cooler. flood watches from d.c., philly, new york and boston and everywhere inland. these are spots, mike, that saw a whole bunch of rain, so the ground is saturated, and any additional rain is causing flooding. you get a little bit of a break, it rains today, rains on monday and then a. chance for more on tuesday. vermont, upstate new york, mike, unfortunately places that have flooded just a week ago still rounds of rain on the way. mike: adam klotz live in the fox weather center, thanks very much. the national weather service is canceling its tsunami warnings for participants of alaska after a may -- parts of alaska after a major earthquake struck last night initially measuring at a magnitude of 7.2. preliminary data placed the earthquake about 55 miles off the coast of sandy point, alaska, but reports indicate it was felt widely across the
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aleutian islands. the national weather service briefly issued tsunami warnings for the region but have since called it off. four people are dead and three others remain missing after a powerful thunderstorm set off destructive flooding in pennsylvania. authorities say the ages of the people missing range from 63 years old to just 9 months. c.b. cotton has that story. hello, c.b.. >> reporter: hi, mike. yeah, some sad developments. rescue crews are still searching for three people, and we now know that total includes young children. >> we can tell you, tragically, we are looking for two children from the same family, one boy who is nine months, one female, his older sister, who is 2. we are attempting to locate one more female adult at this time. >> reporter: officials have previously said one family severely affected by this tragedy. now, saturday's heavy down pour turned roads into rivers in
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bucks county, pennsylvania, about an hour north of philly. no one drove into the flood waters, but officials say drivers who were already on the road were left completely off guard. a total of 10 people had to be rescued from either cars or nearby creeks, and at least 4 people have died. those leading the efforts are saying tight-lipped about the identities of those who died saying they want to make sure next of kin have been properly notified. there are about 100 people searching for those still unaccounted for, and officials say more heartbreaking updates could come. >> we are treating this as a rescue, but we are fairly certain we are in a recovery mode at this time. in my 44 years, i've never seen anything like it. we had approximately 6.5-7 inches of rain in under 45 minutes. when the water came up, it came up very swift hi. >> reporter: now, 4-5 feet of water was left on the roadway according to rescue crews. most of that water has now receded but, mike, there's a lot
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of damage left behind. our fox affiliate reporting many roadways across bucks county are now broken or closed because of either the rain or downed trees. mike. mike: dangerous situation. c.b. cotton reporting live, thanks a lot. ♪ mike: gop candidates are making their rounds this weekend with former president trump and vi vivek ramaswamy speaking at the turning point usa summit last night. meanwhile, florida governor ron desantis and others are courting voters in other critical states. alexandria hoff is live with the latest 2024 campaign details. hello, alex. >> reporter: hello, mike. donors, of course, yesterday was the deadline for campaigns to file their quarter two fund raising reports with the finishing ec showing how much has come in and how much has been spent. governor desantis' campaign brought in an impressive $20 million in the first 6 weeks, but the campaign has been heavy on spending. a campaign source has confirmed
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to fox news reporting by politico that the campaign is now shedding several staff members. de. sanities spoke to fox's howard kurtz today calling that campaign process. >> the media does not want me to be the nominee above all else. that will, in the long run, absolutely help me. and i think it's interesting that they're talking about some of this campaign process. you know, we were five and a half weeks as a candidate in the second quarter for fund raising -- >> reporter: he says that's not a lot of time to bring in that money. the governor campaigned in iowa yesterday, his supporting superpac announced in total $150 # million has been raised. former president trump speaking at the turning point committee conference last night, his campaign reported $35 million raised in quarter two but unclear how much went to his political action committee. today in an exclusive interview on "sunday morning futures," the president -- former president anticipated he's leaning away from debating next month. maria: are you participating in
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the upcoming debate? >> well, you know, it's quite ap easy question normally. ronald reagan didn't do it, when you have a big lead, you don't do it. >> reporter: governor chris christie raised $1.65 million since announcing his candidacy, he expects to be able to debate the former president. listen. >> i think i'll be there because, look, i've known him for a long time, as you know. his ego, i think, will not permit him to have a big tv show that he's not on, and i think he'd be enormously frustrated sitting back at bedminster is if watching what i'm going to do on that stage. >> reporter: just six campaigns so far, including christie's, have confirmed they've met the polling and fund raising requirements to participate in the debate. mike? mike: alex hoff, thanks so much. for more on cam -- campaign 2024, with me is cole robinson, a republican strategist, and katie mccutcheon, vice president of firehouse strategies. welcome to both of i you -- of you. >> thank you. mike: let's play more from the
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maria bartiromo interview of president trump from "sunday morning futures" about that debate. maria: do you see any risk that if you don't show up, ron desantis has a good night and it cuts into your lead e? >> or somebody else has a good night and cuts its his lead, because that's what's happening. he's going down, and a couple of them are going up. i think vivek has done a good job, frankly, some others. so i haven't really made up my mind. mike: katie, do you think he'll be on that debate stage? >> i do. i think, you know, the tactic is telling and the right one, i think it's probably the one that people are telling him to do is to let, you know, the rest of the contenders fight out and duke it out on stage. but i just don't think his ego is going to allow him to not be on that stage and get all of those headlines and sound bites that he wants. mike: what's the risk if he's not there? >> i don't really see the benefit for him. he has the largest platform, the most name recognition, an incredibly loyal base.
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all these candidates want him on that stage, but i honestly don't see the benefit for president trump. he can sit at bedminster or mar rah a mar-a-lago -- mar-a-lago criticizing them while they're on stage, so i don't see incentive. mike the other big buzz is about fund raising. second quarter numbers, governor desantis raised a lot of money, also apparently spending a lot of money. he was on with howie kurtz, let's play that. >> you know, we were five and a half weeks as a candidate in the second quarter for fund raising we raised more money than joe biden did in the second quarter who's the sitting president, and we raised more money than donald trump did into his campaign who, of course, was the former president. mike: he's also, apparently, cutting some staff. katie, your thoughtses. >> yeah, you know, i think he's spinning it right now. spinning bad news is, i think, what every candidate does. 14 million of the money he raised is maxed out donors. those doe e nors can't donate any more to his campaign, so
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that's out. $3 million is going into the general and, again, yesterday he had to lay off staff. so i think he's going to be trying to spin it in a positive way as much as he can, but he's looking more and more like scott walker, jeb bush of 2015. mike: former new jersey governor chris christie raised about $11.7 million, limited period of time. let's play him. >> as you noted, tim scott has transferred a significant amount of money from his senate campaign. nikki haley's been in the race, i think, since february. we essentially were raising money for three week, so we feel good about what we've done. if. mike: what about fund raising for the non-trump gop candidates. >> sure. well, money certainly matters, it's incredibly important, but i'm also watching what happens in -- what's happening in iowa. you saw the family leadership summit on friday, a lot of the conversations and interviews were very hostile, and i think many of the six candidates who
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were interviewed struggledded to connect with that populist undercurrent that resonates with republican voters right now. it's still trump's game. vivek ramaswamy and nikki haley had a good day, but many of these candidates are struggling to connect with base republican voters in places like iowa. mike: president biden raised $72 million second quarter, some $77 million cash on hand, not surprising that the sitting president would be easily raising money. >> yeah, not surprising but also, i think, a really, a positive sign and dispels narratives that i think people are talking about how democrats are not excited about biden. i think the q2 numbers really prove that we're invested, we're enthusiastic about reelecting biden and building on all of his accomplishments over the past couple years. mike: mike: cash on hand is not expected to be a problem for the sitting president. >> right, but he also needs to get voters out, and i think most
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voters who were going to potentially vote for president biden are going to be voting against the eventual republican nominee if it's president trump. i just don't see that enthusiasm. his approval rating still hanging around 40%, plus the fact that the dnc is not allowing debates, and i think that would be a healthy process if they actually allowed democracy to determine who the democratic candidate is. mike: thanks for your time, great to see you. an update to the investigation on that bag of cocaine found at the white house. lucas tomlinson has the latest after the break. ♪se ♪s new car replacement pays to replace it with a new one of the same make and model. get a whole lot of something with farmers policy perks. ♪ we are farmers. bum-pa-dum, bum-bum-bum-bum ♪ i brought in ensure max protein with 30 grams of protein. those who tried me felt more energy in just two weeks! uuuhhhh... here, i'll take that! woohoo! ensure max protein,
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mike: reaction pouring in on this week's critical nato summit where leaders gathered in lithuania to discuss continued threats such as russia's ongoing war in ukraine and china's aggression. lucas tomlinson's live at the white house with the latest. hello, lucas. >> reporter: mike, president biden's national security adviser is guaranteeing that ukraine will be able to join nato eventually. >> ukraine's future is in nato, period, full stop. no qualifications, no negotiations with anyone, it is going to happen. having ukraine come in to nato while the war is going on would mean that nato is at war with
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russia. >> reporter: a little caveat there, mike. vladimir putin knows as long as he has russian soldiers in ukraine, it will never be able to join nato x and that's why experts say this war could drag on for years without more advanced weapons from the west. back in 2008, a previous message emerged in bucharest about georgia and ukraine joining nato. the result, vladimir putin invaded georgia months later, ukraine in 2014. right now u.s. officials call this war a stalemate. the front lines have not changed much since last november. officials say the long-anticipated counteroffensive has stalled due to a lack of air support against dug-in russian troops along the 600 mile front line stretching from eastern to southern ukraine as you can see here. russian forces still occupy nearly 20 percent% of the -- 20% of the country. the secret service says it's closed the investigation into who brought cocaine into the white house. here's more from "fox news subject." >> i can't yale speak to the investigation that was -- really
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speak to the investigation that was done by the secret service. >> the secret service is a troubled agency. it's longed had challenges, probably needs new leadership. i don't think they interviewed the president's son who's a known can cane addict. >> reporter: they would like to see all -- cotton says he would like to see all white house staff drug tested, he also called this caper another biden cover-up. miking? mike: lucas tomlinson live on the north lawn, many thanks. for more on the fallout from the nato summit, steven groves join joins me now, a fellow at the heritage foundation and former chief of staff for u.n. ambassador for nikki haley. steven, welcome. >> thanks for having me on. mike: so the nato alliance is clearly concerned about russia-china relations. let's put it on the screen. quote, the deepening strategic partnership between the prc and russia and attempts to undercut the rules-based international order run counter to our values and interests.
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we call on the pr kc to play a constructive role as a permanent member of the u.n. security council to condemn the war against ukraine, to abstain from contributing in any way. it seems ununderstandable that the nato alliance would be concerned about russia and china teaming up, right? >> absolutely. and that wasn't always the case. i mean, for years and years during the cold war russia, the ussr and china were very much opposed to one another. it's only in recent years where you've got very few truly authoritarian states left, russia and china among them. they've decided to band up. and they've decided to band up on ukraine. china refuses to say that the war in ukraine was a war of aggression by russia, which the rest of the world and you and i can clearly see with putin's invasion of ukraine. it was an aggressive act, and china won't even go on the record and say, yes, we recognize this is a war of aggression, and we condemn it. so that's a pretty low bar.
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mike: china's firing back at nato saying it will protect its interests, not surprising to hear tough talk from china, right? >> yeah, they're very good at tough talk, but china knows and has to understand that nato's interests are not confined only to europe, it is a global alliance. it has long taken operations outside of the nato countries, most notably in iraq after september 11th when america was attacked. nato stood behind the united states when it went into afghanistan. so china should be concerned, but china is also expanding. it's not like they're sitting still in china. they're very aggressive in the south china sea. they're opening military bases like the one they opened in jabuti and looking elsewhere for military bases. so it's just a matter of time when more and more nato interests and china interests intersect and could come into conflict. mike: the big issue going into nato was ukraine, and president zelenskyy pushed really hard in
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front of the conference to get ukraine membership in nato. after the conference he sounds pretty happy. let's put his tweets on the screen saying, quote: during these two days of the summit we put to rest any doubts and am by with guyties about whether ukraine will be in nato, it will. for the first e time, not only do all allies agree on this, but a significant majority in the alliance is vigorously pushing for it. never before have the words you are equal among equals for ukraine from other nato members sounded truly meaningful, and we will definitely reaffirm this fact with our victory and with our accession to nato. your thoughts on how nato handled the ukraine issue. >> well, i think they handled it the only way they could. as secretary blinken said, you cannot add someone to your military alliance when they're in the middle of an armed conflict. doing so automatically places 31 nato nations at war with russia. but they handled it as deftly as they could given the summit with
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zelenskyy this in person, and so the commitments that have been made that zelenskyy appears to be very happy with is that ukraine membership in nato is inevitable, it just can't happen while the war is in progress. mike: and g7 says it'll be long-term committed to ukraine as well. >> yes. and so that's a major, a major financial support for ukraine and a big feather diplomatically in zelenskyy's hat that he'll also be able to turn back to the g7 nations which are not -- some of which are non-nato economies to help zelenskyy when it's time to start rebuilding. mike: stephen groves, thank you for your time and analysis today. >> thanks for having me on. mike: more fallout from the pga-liv golf merger. we'll have reaction coming up next.
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on the top of the pile! oh. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ ♪ i gotta good feeling about this, yeah ♪ ♪ i'm with it ♪ ♪ i gotta good feeling about this ♪ ♪ yeah, ♪ ♪ so let's get it ♪ ♪ i'm feeling good vibes ♪
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mike: the pga and liv golf merger has lawmakers asking questions while two pga tour executives defended their controversial deal during a hearing earlier this week. the merger is one of saudi arabia's latest investments into international sports. with more on this, joining me is south carolina congresswoman and chair of the congressional golf caucus, nancy mace. congresswoman, welcome. >> thank you for having me again, mike. mike: pleasure. so some big name tour players left the pga for liv tour. the saudis offered them bundles of money. is that why you think this merger is being proposed, because the pga realizes fans want to see the best players on the course together? >> more than likely, and honestly more than likely it's all about the money too the, hos deal is going to be. but with, you know, last year we had the pga come up to the hill, come up to congress and tell us how bad liv golf was and how bad it was only to do a deal behind our backs that we just found out
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about in june. i mean, i think competition is good for any sport but, obviously, congress is going to have a lot more questions than answers at this point. mike: your colleague, josh hawley in the senate, called out pga officials for hypocrisy. let's play that. >> we went to members of congress as we, as we faced the very threat to our existence. >> this is before you agreed to take a billion dollars from the same people that you were lobbying against a year ago? >> senator, we faced a choice. mike: do you anticipate congress taking any action on this proposed merger? >> well, i think congress want more answers, we want more transparency on the deal because pga, the pga spent a lot of money, six figures, on lobbyists last year to come to the hill and say that liv is bad, they're trying to take over the pga, etc., how bad is this going to be only to do a billion dollar deal. so there's an enormous am of hypocrisy. when you come to the hill and aren't an honest broker about what your goals are and what you're trying to do and all of a sudden do this deal, yeah, there
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should be transparency, and there should be more hearings or some sort of way that we can get more information on what kind of deal it is. and a lot of people are asking why does saudi arabia want to invest so much in sports right now, because golf isn't the only one either. mike: no. it's full blown sports washing mold, basically trying to change their reputation through sports. new castle united, the soccer team, boxing, the grand prix, they've offered astronomical money to world's best soccer players. >> and why is this? and i want to talk about china and the nba too. let's have that conversation. mike: who's making those nike sneakers for how much an hour, right, in some of these places. >> exactly. yeah. mike: so your thoughts on big picture, is it a complicated world that we live in in terms of, you know, the saudis are investing in american businesses, they're investing in sports, they have endless supply
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of money because of their oil riches, are we just going to have to deal with it? >> well, we are right now, and i think the whole conversation about liv, which started last year was very educational for the american people because it's not sports that saudi arabia's investing in or china. they're invested in american companies with withs of dollars -- billions of dollars. lots of american companies on the new york stock exchange, so if we're going to have this conversation about who's allowed to invest in american sports or american businesses and when we talk about aggression by china or by saudi arabia and their relationship with iran, like, those kinds of things are going on around the world, it's a good educational experience for congress and for the american people to know what we allow and what we maybe shouldn't, what we should think twice about. mike: all right. congressman nancy mace of the great state of south carolina, it's great to see you. >> thank you, as always. great to see you. mike: a manhunt is underway in a small georgia town of hampton for a shooting suspect. senior correspondent steve harrigan is live in hampton with
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more on the man people are are searching for. hello, steve. >> reporter: mike, we're getting some new information about this suspected killer, a man bereaved to have killed four people -- believed to have killed four people. all four of those crime scenes now in one neighborhood, and it's believed the suspected shooter lived there as well. one witness to one of the shootings said it appeared that the shooter was wearing some sort of tactical gear. despite carrying out a killing, he behaved in a very calm manner. >> all of a sudden, bam. as soon as i heard it, i knew what it was. i was shocked. i was so shocked that he was cool, calm and collected. >> reporter: right now police are still holding back the names of the four people who have been killed and also no word yet on any motive as to why these killings took place. but police officials are vowing to bring the killer to justice. >> i'm going to say this directly to you with,
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mr. longmore, wherever you are, we will hunt you down in any hole that you may be residing in and bring you to custody. period. >> reporter: we expect to hear more from the police chief at a press conference here about three hours from now. mike? mike: steve, what is the mood in that town after this horrific crime spree? >> reporter: i think people are really shaken up here, mike. this is a town about 30 miles south of atlanta, or about 8,000 people live here. it's mainly modest homes, you know, grass-lined cul-de-sacs. they're really shaken up that these murders took place and that the killer is still on the loose. mike? mike: hope law enforcement can find the guy. steve harrigan, thanks a lot. escaped murder suspect michael burham back in police custody after leading law enforcement on a massive manhunt. he escaped from a jail in warren, pennsylvania, on july 6th. he was being held on kidnapping charges but also suspected of murder and rape in new york.
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officials say burham was caught after a homeowner called in a tip for a suspicious individual spotted in the back yard. they had a brief conversation where burham allegedly told the homeowner he was on a camping trip, but the homeowner recognized the man and called police. pennsylvania state police have not said whether he will face additional charges. in alabama, a woman missing since thursday, 25-year-old carly russell vanished after calling 911 to report seeing a toddler walking along the side of an interstate. when police arrived, they found russell's car and cell phone but not russell or a child prompting a massive search and drawing nationwide attention. shockingly, officials say russell turned up at her house late last night. police say it's not yet clear how she got there but that no one was with her when she arrived. russell was taken to the hospital for further evaluation. the inflation rate cooling a bit in june, but we'll find out
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...and for a delicious way to promote digestive health... ...try metamucil fiber thins. [music playing] subject 1: cancer is a long journey. it's overwhelming, but you just have to put your mind to it and fight. subject 2: it doesn't feel good because you can't play outside with other children. subject 3: as a parent, it is your job to protect your family. but here is something that i cannot do. i cannot fix this. i don't know if my daughter is going to be able to walk.
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i don't know if she's going to make it till tomorrow. [music playing] interviewer: you can join the battle to save lives by supporting st. jude children's research hospital. families never receive a bill from st. jude for treatment, travel, housing, or food so they can focus on helping their child live. subject 4: childhood cancer, there's no escaping it. but st. jude is doing the work, continually researching towards cures, giving more than just my child a chance at life. interviewer: please, call or go online right now and become a st. jude partner in hope for only $19 a month. subject 5: those donations really matter because we're not going to give up. and when you see other people not giving up on your child, it makes all the difference in the world. interviewer: when you call or go online with your credit
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cooling, but everywhere i go people say things are so expensive. when you look at cpi inflation year e over year, rent is up 8.3 president. eating out up 77%. car -- 7.7%. car insurance up 6.9%. 16.9%. for good, honest, decent, hard working folks, that has to hurt. what's the impact, john? >> well, i mean, the interest rates have rah really hurt especially the middle class, but everybody, right in you're seeing it in the pump, gas in the pumps, you're seeing it in rent, right in so when people in the past, they're making a decision whether they're going to rent or they're going to buy, with interest rates being high and mortgage rates being high, they're going to tend to rent even though the rents are going up on top of that as well because the landlords have to charge more. and on top of that, people, you know, what's going on with crime in some of the major cities like new york, chicago and san francisco, they don't want to commit long term as well, so so they're going to rent instead,
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and that's what's driving the prices up still in the rents. mike: when folks go to the grocery store or if you're a small business like a restaurant or a bakery, the prices are going up there too. flowers up 12% -- flour's up 12%, sugar up 11%. margarine up 13%. what about those added costs to consumers or even small businesses, john in. >> it all starts from, you know, the price of oil and what that initiated in terms of gas prices. you have to get all these commodities into the grocery stores, and, you know, they're putting gas in the trucks to deliver them, and that continues to be high. wages are, because of inflation, are still going up, so it's a vicious circle that, unfortunately, consumers are still feeling. yes, the cpi number was much better, right? and people are pointing to that. but you have to remember it's going down a little bit. the rate of increase is going
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down. but we're, you know, it's increased so much and the fact that we're working from a really high level right now, prices are still up there. even if cpi was at zero, they're higher than they were a year or two ago. mike: and even though inflation may cool a bit, the prices don't tend to come back down, right? once they're up, they kind of today there? >> it's going to take a while for them to come down, and we're going to have to see the cycle of interest rates coming down. and that's, you know, given where the fed is at, i think they're probably going to raise rates another quarter basis points and then wait and see. so until it starts, the fed starts cutting, i don't see that until maybe late 2024, prices are going to -- they're going to come down, but it's going to be slow. mike: there's been great debate about the r-word, version. based on everything that you read and you see and you hear in your business and your daily life, where are you on whether or not are we are heading for
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recession or could be close to one? >> well, mike, if you look at the economy and the markets, they've been remarkably resilient. look what we've gone through. we've gone through a global pandemic, we've gone through massive disruption in supply chain, we've gone through a banking crises, okay? we've gone through an eastern european war, all right? we've gone through 5% rates, increases in rates from the fed, 40-year-high inflation, and we still -- it's incredible that we haven't been in a recession yet, and we just touched it at one point a few months ago. so the markets and the economy is very, very resilient, and as long as we keep this up, i think the chances of a soft landing are increasing and the chances of a hard landing are decreasing. so i don't know that we'll have a soft landing, i think we'll have more of a no landing, it'll
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be hovering, but i don't anticipate a really, really hard crash unless something very, very awful happens that we're not seeing right now. mike: as i'm sure you're aware, republicans and democrats don't agree on much of anything these days. is there something more policymakers here in washington could be doing to provide some relief and/or hold off that recession? >> well, it's becoming energy efficient. the more we can become energy efficient, the less the price will be at the pumps and everywhere where wells, and that's just a cyclical -- everywhere else, and and that's what started rates going up, there's no question about it. that's what initiated it, and that's what's caused this, you know, global rate hike. and that, they can continue to try to become more independent like we were in the past. mike: a lot of us saw our 40 # is ks kind of -- 401(k)s kind of disappear or shrink
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during a bit of a downturn. do you expect numbers in our portfolios to come back pretty strong? >> oh, we do. we do. especially when rates start to flatten out here and come down in the next several months. we're pretty optimistic. we're already seeing it in a lot of the a.i. tech stocks, the magnificent seven, if you will. those are, have increased a lot. if you look at the nasdaq's performance, it's been pretty strong. so i think that those numbers will be coming back, and although we have to wait for the cycle to end can and we anticipate more of a sideways type market, the next move definitively we feel confident will be up. mike: john, thank you so much for your time and your analysis. >> thank you. mike: have a great week. >> you too. mike: israelingly prime minister benjamin netanyahu rushed to the hospital yesterday after being out in the heat. the latest on his condition straight ahead.
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♪ mike: israeli prime minister benjamin netanyahu is on the mend after a dizzy spell yesterday resulted in him being rushed to a medical facility. the 73-year-old was ultimately diagnosed with dehydration.
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trey yingst has the latest from jerusalem. hello, trey. >> reporter: mike, good afternoon. after spending the night in the hospital, israeli prime minister benjamin netanyahu is back home. the 73-year-old was rushed to a medical center near tel aviv on saturday. he later released a video saying he was dehydrated after spending the day at the sea of galilee with his family. the prime minister underwent a series of tests and evaluations. while at the hospital, doctors placed a heart-monitoring device on the chest of the israeli leader. the medical center explained this as a routine procedure and a customary step. last october netanyahu was briefly hospitalized during yom kippur, but he is largely believed to be in good health. as a result of the hospitalization this weekend, the israeli security cabinet meeting scheduled for today has been pushed back to tomorrow morning. cabinet officials are expected to discuss a variety of security incidents as the region remains in a high state of alert.
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this morning a shooting attack in the west bank left three people injured, prompting israeli forces to enter the city of bethlehem where they were engaged in a gun battle before arresting three people. tension continues avenue a hezbollah tent that was e represented in israeli territory. some civilians have attempted to cross into israel in recent days and are responsible for destroying a security camera along the border wall. we do expect to hear more on the prime minister's condition later tonight from his office amid these security incidents, there is a state of high tension here, and israeli citizens want to hear about the health of their leader. mike? mike: to that point, trey, what are you hearing in terms of the people that you are working with and living around? how are the average israelis taking the news that he was rushed to the hospital? >> reporter: it certainly is surprising to many because he has a very active schedule, and this did take place on the israeli saturday known as
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shabbat, so it's a day where many people in israel don't actually watch the news or get updated -- updates on their phone until the sun goes down, so people not using their phone, they saw this, and it was certainly concerning amid these security events. we not only saw the tension on the northern border with lebanon, but these ongoing shooting attacks in the west bank certainly of concern. mike? mike: trey yingst live in the holy land, does a great job. trey, thanks very much. that is all for this hour of "fox news live." "fox news sunday" with shannon bream is up next. that's it for today. stay with us for more news coverage throughout the day. i'm mike emmanuel, thank you so much for watching, and i wish you all a great week. ♪ okay everyone, our mission is complete balanced nutrition. together we provide nutrients to support immune, muscle, bone, and heart health. yaaay! woo hoo! ensure with 25 vitamins and minerals
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i am at shannon bream. chock full of republican add-ons is setting up a showdown in the senate over social issues. ♪ >> and they are bringing culture wars international security. >> the american people i talk to about home do not want a weakened military. they do not when he woke military. >> house speaker a deeply partisan defense bungling passage of the memos on abortion access but medical care for transgender troops, and diversity programs. the future of that military taking center stage as president biden ed

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