5PM ET 09/16/2026 Newscast
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Why did the Fed announce its first rate hike in three years and what does it mean for inflation?
Inflation is too high. Elise Sabradi, Fox News. That bottom line from Fed Chair Kevin Warsh after the central bank's first interest rate hike in more than three years, a unanimous vote for a quarter point increase.
And you begin to appreciate the resilience of the US economy.
President Trump is repeating his call for rate cuts, just posting that the country is booming with new investment and that interest rates should be one percent or less because we're the best credit in the world. The president hits the road for a critical midterm race in North Carolina, where the former Republican Party Chair Michael Watley is running for Senate.
На White House says President Trump will be focusing on restoring law and order, really, his public safety successes, while campaigning for Watley here in his hometown. As crime and public safety have been focal points of Watley's campaign.
Fox is Madison Scarpino with the crowd gathering in Gastonia outside Charlotte. Wadley has been trailing in polls behind Democrat Roy Cooper, the state's former governor and attorney general.
How is President Trump influencing the North Carolina midterm Senate race and what are the key campaign issues?
Federal safety investigators are at the scene of last night's deadly news helicopter crash in LA.
And this happened last night, seven PM north of downtown LA. The local NBC affiliate is covering a fatal bus accident. When the helicopter malfunctions, witnesses say it literally falls from the sky straight down, crashing near a commercial building, igniting a fire, and killing three.
Fox's William Lajunesse, the pilot and reporter were killed along with the man on the ground. The NTSB says voice transmissions from the cockpit after the reporter's last hit will be part of the probe. That helicopter was hovering over a deadly accident. The driver of an SUV arrested on suspicion of murder after hitting a city bus, killing at least two people, injuring several others. America is listening to Fox News. The FBI says it's foiled a Russian intelligence plot to kill a Russian dissident living in the US.
What caused the fatal news‑helicopter crash in Los Angeles and what is the NTSB investigating?
Court documents say Russia's Federal Security Service, the successor agency to the KGB, has been trying to pay people in the US and some European nations to kill Russian dissidents. The FBI says one of the targets was a Russian living in Washington, DC. Three Russian Intel members are accused of recruiting a man from Brooklyn to spy on and kill the dissident. was promised between one thousand and fifteen hundred dollars to carry out the spy work and another forty grand to kill the target.
NATO, the three Russians remain at large, along with two more suspected of trying to carry out similar plots in Europe. President Trump's pick for Surgeon General, Dr. Nicole Sapphire, telling senators she does not think childhood vaccines cause autism. One of multiple concerns raised during her confirmation hearing, she's the president's third nominee for that post in his second term. One of Sesame Street's most beloved characters may soon be a Hall of Famer.
Tickle Me Elmo is hoping to go from the toy box to the National Toy Hall of Fame.
How did the FBI uncover a Russian plot to kill a dissident in the United States?
Elma
Fatch's laughing with you.
Elmo is one of twelve finalists this year, along with Bingo, Care Bears, Mahjong, and the Pokemon Trading Card Club. The public can vote through September twenty-third, but a panel of judges will make the final call in November. And getting in isn't just about being popular. Toys must be considered icons, reach multiple generations, inspire creativity, or profoundly change play or design.
Three toys will make the cut and join 90 others already enshrined in the hall, ranging from Checkers Barbie and Mr. Potato Head to the stick and the cardboard box. On Wall Street, a sell-off, but pairing heavier losses, the Dow dropping six hundred and thirty-one points.
Why did the Dow plunge over 600 points and what does the Wall Street sell‑off indicate for investors?
Elisa Brady, Fox News.
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Chapters
5 chapters
1
Why did the Fed announce its first rate hike in three years and what does it mean for inflation?
0:03–1:13
2
How is President Trump influencing the North Carolina midterm Senate race and what are the key campaign issues?
1:13–2:07
3
What caused the fatal news‑helicopter crash in Los Angeles and what is the NTSB investigating?
2:07–3:10
4
How did the FBI uncover a Russian plot to kill a dissident in the United States?
3:10–3:55
5
Why did the Dow plunge over 600 points and what does the Wall Street sell‑off indicate for investors?
3:55–3:57