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Capping a half century of service. I'm Carmen Roberts, Fox News. The president spoke to the nation from the Oval Office Wednesday night, using his address to highlight his work, but also focus on his concerns and hopes for the country's future. President Biden likened the American people to the Statue of Liberty, able to sway in a storm without breaking. He highlighted the infrastructure law, Chips and Science Act, and Medicare's ability to now negotiate lower drug prices. It will take time.
to feel the full impact of all we've done together. But the seeds are planted. He said he'd like to warn Americans, though, of things that cause him great concern. Social media is giving up on fact checking. The truth is smothered by lies told for power and for profit. The first thing he said he would warn Americans about, though, is what he sees as a dangerous concentration of power in the hands of a few people, an ultra wealthy oligarchy, he said, that threatens our democracy.
Jessica Rosenthal, Fox News. Also capping his presidency, a ceasefire hostage release deal between Israel and Hamas, which is set to start Sunday. In exchange for the first nine hostages, Israel will release 110 Palestinian prisoners with life sentences. The deal also constitutes that the Rafah crossing will be ready for the transfer of Palestinian civilians and the wounded following the release of all female hostages.
Fox's Trey Yankston, Tel Aviv. TikTok users in the U.S. are scrambling as the Chinese owner waves the white flag. The company says it plans to shut off the app for its 170 million U.S. users by Sunday. It's up against the U.S. law requiring the app to sell or face being banned by the weekend. And many Americans are now signing up for the app Red Note.
The app allows users in China and the U.S. to share selfies and messages, including the one that read, Welcome TikTok refugees. Fox's CJ Papa, America's listening to Fox News.
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Fire-weary residents in the Los Angeles area are staying alert for another round of Santa Ana winds. Red flag warnings remain in place in mountain areas north of the city through Thursday afternoon. Meantime, deputies, rescue units, and National Guard members are helping with critical operations. These missions include looter suppressions, evacuations, road closures, humanitarian relief, and roving security patrols.
At this time, no new evacuations are being carried out. However, we have made eight arrests related to the Palisades fire. Christine calls with the L.A. County Sheriff's Department. The FDA bans a harmful dye that's been in American food for 118 years. The agency announced Wednesday U.S. foods will no longer have red dye number three, previously used in a wide range of foods such as cakes and candies, but also certain drugs.
President-elect Trump says changes are coming to the Justice Department and the FBI, but a survey finds that a lot of Americans don't have faith in those changes. About two in ten adults are extremely or very confident that the Justice Department will act in a fair and nonpartisan manner during the second Trump term. That's according to an Associated Press-Norris Center for Public Affairs research poll. Republicans are more split.
More Americans opposed than approved. Kash Patel for FBI director. Tulsi Gabbard is director of national intelligence. And Pete Hegseth for defense secretary. The big chunk of people saying they have no opinion or don't know enough about them to say. Health and Human Services Secretary nominee Robert F. Kennedy Jr. has a little more support with 3 in 10 approving, 4 in 10 opposed.
the rest expressing no opinion. Chris Foster, Fox News. And on Wall Street, the Dow surged more than 700 points. The S&P 500 gained more than 100, its best day since November. And the Nasdaq jumped 467 points. That's about two and a half percent. That on better than expected inflation news. I'm Carmen Roberts. This is Fox News.