The Latest: 08/22/2025 02:58pm ET

All the latest national and international news. Topics also include finance, weather and entertainment.

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Episode Transcript

Speaker 1 (00:00):
This is your twenty four to seven use update. The
latest use.

Speaker 2 (00:04):
This hour in just four minutes. Stocks are soaring on
Wall Street. The Dow Jones Industrial Average has been up
over nine hundred points at times today after Federal Reserve
Chairman Jerome Powell signaled interest rate cuts are coming soon. Meanwhile,
the Nasdaq has been up over two percent and the
S and P five hundred has been up over one percent.

(00:25):
FBI agents have searched the Maryland home and office of
former Trump national security advisor John Bolton. Authorities were reportedly
looking for classified records this morning. Bolton, who became a
vocal critic of President Trump after he left the administration
in twenty nineteen, had previously been accused of leaking classified material,
but no charges were filed. President Trump says he'll know

(00:45):
if he's made any progress towards peace in Ukraine soon
two weeks.

Speaker 3 (00:48):
We're going to find out which way it's going to go,
and I better be very happy.

Speaker 2 (00:55):
Trump has attempted to broker a peace deal meeting with
Russia's Vladimir Putin, then you Ukraine's Vladimir Zelenski and US
European allies. Today from the White House, the President was
asked about new Russian strikes against Ukraine and said that
he wasn't happy about anything with the war. A federal
judge in Miami has ruled that no more detainees can

(01:15):
be sent to Alligator Alcatraz.

Speaker 3 (01:17):
The order issue Thursday night also requires much of the
detention facility in the Florida Everglades to be dismantled within
sixty days. The ruling upholds an injunction that was requested
over alleged violations of the National Environmental Policy Act.

Speaker 2 (01:33):
Court record show the state of Florida plans to appeal.
President Trump is suggesting that he may allow another extension
for a looming deadline on a TikTok man. TikTok's availability
in the United States is set to expire on September
seventeenth if its Chinese own parent company doesn't divest from
the popular video sharing app. The law passed last year

(01:53):
to force byt Dance to sell the app overgrowing privacy
and national security concerns. The President has sought to you
strike a deal to keep TikTok available in the US,
pushing back the deadline three separate times. I'm Chris Kragio
Gas prices are expected to remain low for the upcoming
Labor Day weekend. Triple A says the national average for
a gallon of regular should stay below last year's average

(02:15):
of three dollars and thirty three cents, and should remain
relatively low for the rest of the summer as long
as Gulf Coast refineries are not hit by hurricanes. Labor
Day is for many the last big holiday weekend of
the summer. The vice president at Triple A Travel says
the top destination cities of the holiday weekend this year
are Seattle and Vancouver, both port cities for Alaska cruises.

(02:35):
The website realtor dot com is out with a list
of the most expensive zip codes in the country. Seven
of the top ten are in California.

Speaker 1 (02:43):
For the most part, we're looking at places that have
general access to the coast, even if it's not right
on the coast.

Speaker 2 (02:49):
The studies author Anthony Smith says the top zip code
in the country is Fisher Island in Miami Beach. The
median listing prices a staggering eleven point nine million dollars.
Number two is Newport Coast and bail is number four.
He says that several of the California zip codes are
areas that were hit by this year's wildfire, so it
will be interesting to see what effect that may have.

(03:10):
Today is National Tooth Fairy Day. There's actually two of
those a year. One's also in February. Pree Tennis now
with more on a day designed to get kids brushing,
but it's really about the tooth fairy swap out.

Speaker 1 (03:20):
The Chicago Tribune claims to have invented the tooth Fairy
in nineteen oh nine as a way for kids to
dispose of their lost teeth for about five cents a tooth,
But according to Norse legend, we've been exchanging teeth for
a fee since the thirteenth century. Delta Dental says the
average child loses twenty teeth from ages six to twelve.
The price per tooth in twenty twenty five is about

(03:41):
five bucks, and that's a mouthful of cash. I'm Bree Tennis.

Speaker 2 (03:45):
Billie Bobby Brown and her husband Jake bon Jovi are
welcoming their first baby together. In an Instagram post yesterday,
the couple announced they adopted a baby girl. The Stranger
Things star and the son of rock musician John bon
Jovi were secretly married in May of last year. The
new parents say they're excited to start their family life
in peace and privacy. I'm Chris Krajio