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Making deals in the Middle East. I'm John Saucier, Fox News. President Trump is there in the Middle East for his first planned overseas trip of this second term. Today he spoke in Saudi Arabia. Praise economic partnerships with nations in the region. We send Fox's Lucas Thomason to Riyadh.
He was very optimistic and he talks about the new investments from Saudi Arabia to the tune of $600 billion being invested in the United States. That includes the largest arms sale in history, some $142 billion that will be spread out among over a dozen American companies. Trump and the Crown Prince met with hundreds of business leaders.
all the leaders from the Fortune 500, many of them at least. In his speech, Trump spoke about his optimism for the region, which he said had been mishandled by previous administrations. The president says he may be going to Turkey next for potential peace negotiations between Russia and Ukraine. The last living American hostage in Gaza was released as hopes for a ceasefire return. Fox's Greg Polcott with an update out of Tel Aviv.
Freed American-Israeli Hamas hostage Idan Alexander is enjoying his captivity. Doctors say he is overall stable, but the conditions he endured were called unbearable. Israeli Prime Minister Netanyahu sent a delegation to Doha for negotiations about a new ceasefire, but also instructed the IDF to continue and perhaps intensify its operations in Gaza.
Some 31 Palestinians were killed and 73 wounded in the Gaza Strip over the past 24 hours, according to the Hamas-run health ministry. In Tel Aviv, Craig Falcon, Fox News. And Major League Baseball has reinstated Pete Rose and Shoeless Joe Jackson, lifting their lifetime bans, making them eligible for the Hall of Fame starting in 2028. Under a new league policy, the move follows a shift in how MLB handles permanent ineligibility. America's listening to Fox News.
President Trump is prescribing. It is time to take the quiz. It's five questions in less than five minutes. We ask people on the streets of New York City to play along. Let's see how you do. Take the quiz every day at the quiz. Fox. Then come back here to see how you did. Thank you for taking the quiz.
Tough medicine for big pharma with a pricing plan that ties the U.S. prescription drug cost to the lowest global prices. Fox's Alexandria Hoff has more. The president said that this cost reduction would be almost immediate. Of course, we have not seen that yet, but we do know over the next 30 days, health agency heads will be meeting with pharmaceutical companies to hammer out that price matching. Pharmaceutical and drug companies have said that research and development costs were
what they are, and for no reason whatsoever, they had to be born by America alone. Here's what's going to be really interesting. The president attempted similar action during his first term, and it was blocked by the courts. But since then, Medicare was given the authority to negotiate drug prices. That takes away a key legal barrier. The challenges are still likely. That limited authority to give Medicare the right to negotiate prescription drug prices was given by the 2022 Inflation Reduction Act, which Republicans opposed.
A new gray market for pharmaceuticals. Fox's Teresa Crowley explains that. Death row inmates in Tennessee are calling on Governor Bill Lee for a reprieve just days before the first execution since 2020. Lawyers charged the corrections department is trying to conceal details about the source of its lethal injection drugs through the gray market. The state is trying to block disclosure of where its pentobarbital comes from because no commercial pharma maker will sell it to states for executions. They don't want to get sued.
The filing claims gray market channels are inherently risky, citing a pharma maker's warning that they're more likely to be counterfeit, stolen, contaminated, or otherwise harmful, even if they are intended to cause death, which would violate protections against cruel and unusual punishment. Therese Crowley, Fox News. Mixed results on Wall Street today. The close to Dow fell 270 points. An 18% drop in UnitedHealthcare was the drag there. The Nasdaq up 302. The S&P 500, it gained 42.
I'm John Saussure, and this is Fox News. From the Fox News Podcast Network. Hey there, it's me, Kennedy. Make sure to check out my podcast, Kennedy Saves the World. It is five days a week, every week. Download and listen at foxnewspodcast.com or wherever you listen to your favorite podcast.