3PM ET 09/16/2026 Newscast
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Why did the Federal Reserve implement its first interest‑rate hike in three years?
Fed makes a move on the sobrady Fox News, the central bank with its first interest rate hike in more than three years, and the vote was unanimous as inflation remains elevated.
This summer's inflation readings do not tell me that underlying trends have meaningfully improved.
But Fed Chair Kevin Wars says even with elevated uncertainty, economic activity is expanding at a solid pace.
Given that resilience and the potential for even greater performance, an attitude of optimism is exactly what I heard inside the FOMC these last two days.
A rate hike can help cool inflation by raising borrowing costs and prompting consumers to pull back. President Trump has pushed for a rate cut, but the Fed is signaling another hike could happen later this year.
Luxury cars, trips, and to build a million dollar nightclub.
What federal fraud scheme involving ghost clients and homeless‑funding charities was uncovered?
We were on site as federal agents arrested one of the alleged fraudsters, a woman described as the middleman, accused of receiving kickbacks for creating ghost clients, fake clients, for another fraudster, Alexander Sufer, who operated homeless organizations, one called Abundant Blessings, that received tens of millions of dollars in homeless funding.
Fox's Matt Finn in LA. Sufar has since pleaded guilty to fraud charges. A woman driving the car that collided with a city bus in Los Angeles yesterday, causing a deadly accident, is now under arrest on suspicion of murder. Police say she's held on four million dollars bail suspected of slamming her SUV into the bus. That bus crash killed at least two people, injuring others, and a news helicopter hovered. Вверх краш, килли три мор.
Why is billionaire Leon Black being held in contempt of Congress over the Jeffrey Epstein investigation?
Америка і лисне то Фокс Ньюс. U.S. House House just approving a resolution to hold billionaire Leon Black in contempt of Congress over the Jeffrey Epstein investigation after he defied oversight committee subpoenas to appear and to turn over any potential non-disclosure agreements. A bipartisan committee vote had advanced the contempt resolution. Black's lawyers have said he had no knowledge of Epstein's conduct, accusing the president. The White House Chief of Staff Susie Wiles just announced she's cancer free, posting that her results came back clear after an appointment this week.
She was continuing to work pretty much the entire time that she was dealing with this.
How did White House Chief of Staff Suzy Wiles announce she is cancer‑free?
She was seeking treatment, but she never took a leave of absence. She was still here a lot. We have seen her at public events. I have seen her at private uh meetings with the president throughout this ordeal that she has been dealing with.
Fox is Peter Ducey at the White House in her post whiles thanking everyone for prayers and offering special thanks for the president's support. A loving tribute from a former president to the family dog.
Former President Barack Obama posting on X, we lost a cherished member of her family.
What tribute did former President Barack Obama give to the Obama family’s dog Sonny?
He called Sonny a force of nature, leaping over the hedges of the South Lawn, chasing squirrels, birds, and anything else that moved. Sonny was a companion to the family's other Portuguese water dog Bo, who was lonely after their two daughters Sasha and Malia grew up. Bo died of cancer in 2021. The president said Sonny preferred people to dogs. Dogs was a loud and sloppy drinker and despite being a Portuguese water dog, she hated getting wet.
Foxes CJ Papa Sonny was thirteen and joined the first family at the start of the second Obama term. A sell-off on Wall Street on the heels of the Fed rate hike decision right now. The Dow is down five hundred and twenty-eight points an hour to the close.
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Chapters
5 chapters
1
Why did the Federal Reserve implement its first interest‑rate hike in three years?
0:03–1:04
2
What federal fraud scheme involving ghost clients and homeless‑funding charities was uncovered?
1:04–1:54
3
Why is billionaire Leon Black being held in contempt of Congress over the Jeffrey Epstein investigation?
1:54–2:46
4
How did White House Chief of Staff Suzy Wiles announce she is cancer‑free?
2:46–3:14
5
What tribute did former President Barack Obama give to the Obama family’s dog Sonny?
3:14–3:55