4PM ET 08/18/2026 Newscast

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Fox News Hourly Update 3 min 3 speakers 5 chapters transcribed 29 days ago
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Why was Riley Jane English sentenced to over six years in federal prison?

Jack Callahan 0:02
An assassination plotter sentenced. On Jack Callahan, Fox News, Riley Jane English, previously known as Michael Ryan English, sentenced to more than six years in federal prison for plotting to kill Treasury Secretary Scott Bessant.
Lucas Tomlinson 0:15
According to court documents, on the afternoon of January 27th, 2025, a week after the inauguration, English approached the U.S. Capitol Police Officer near the south door of the Capitol building and stated, I'd like to turn myself in. English admitted to possessing a knife and two Moltoff cocktails. In the sentencing, the judge said the trans woman had many physical and mental health issues which were exacerbated by drug usage. The judge reduced the sentence to 73 months from a possible maximum.
Unknown 0:59
Mostly she had insomnia. She was losing her appetite. She was um very anxious and sad. She was agreement begging for help.
Jack Callahan 1:09
Lindsay Clancy tried to take her own life after the killing.

What evidence is being presented in the Meta trial about social‑media addiction?

Jack Callahan 1:12
She's now paralyzed and confined to a wheelchair. The prosecution has argued she knew what she was doing was wrong. Opening statements completed. Testimony has now begun in the Meta trial. A deputy attorney general telling the jury that Meta deliberately designed features into Facebook and Instagram to hook young users. Several states are suing for billions. Meta says the allegations are baseless. Liberia

How is Liberia handling the new agreement to receive U.S. deportees?

Jack Callahan 1:34
Has agreed to accept twelve hundred third country deportees from the United States in one of the larger arrangements under the Trump administration's policy to deter illegal migration. The first batch of 20 deportees expected the day after tomorrow. Wall Street at the close, the Dow down 116 points, Nasdaq dropping 355, the SP 500 off 53. America is listening to Fox News. With tensions continuing in the Middle East, oil prices are creeping up again. West Texas intermediate crude at eighty five dollars a barrel in today's trading. The government's release of five million barrels from the country's strategic oil reserves last week has dropped its level to its slowest point in forty years.
Edward Lawrence 2:17
This is part of the International Emergency Agency's release and actions globally to offset the disruptions in the Strait of Hormuz. Now, there's a few more potential releases the U.S. can make under that plan with this.

What are the latest developments in U.S. oil reserves and the SPR?

Edward Lawrence 2:29
Now, the Energy Secretary blaming the last administration for using the reserve in a political year to artificially lower gas prices absent an emergency with no plan to refill it. Now the administration argues that all the policy moves that may May it have added supply to the globe. The moves are also adding supply back to the SPR. The level of the SPR sparked concerns. The drawdown could affect the stability of all of the sites.
Jack Callahan 2:53
Edward Lawrence of the Fox Business Network President Trump posting on social media today the Strait of Hormuz is open, but a cargo ship was reportedly struck there this morning. The United Arab Emirates says Iran fired two ballistic missiles in its direction today. The UAE's foreign ministry now says those missiles were aimed at marine traffic. Despite more options too, a new study finds fewer adults are gambling.
Unknown 3:16
A Gallup poll shows 45% of respondents had taken part in one or more forms of gambling over the past year. But that's down from 64% a decade ago and 63% back in 2007.

Why are fewer adults gambling and how are prediction markets changing the landscape?

Unknown 3:30
31% said they buy state lottery tickets. 14% say they had been to a casino. 7% had bet on professional sports. The poll comes as we've seen. Seen a rise in prediction market platforms like Polymarket, which allows people to place money on the outcomes of multiple events, from elections to wars to sports. Now prediction markets claim they are different from traditional gambling.
Jack Callahan 3:54
Ashley Webster of the Fox Business Network and I'm Jack Callahan.

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