10AM ET 04/11/2026 Newscast

Summary

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Fox News Hourly Update – 10AM ET 04/11/2026

Episode Overview
This episode delivers a concise yet detailed roundup of the morning's significant domestic and international news stories. Major topics include high-stakes US diplomacy in Pakistan amid renewed Iran tensions, the impact of Middle Eastern instability on American inflation, the return of a record-setting NASA mission, sexual misconduct allegations in the California governor's race, and deadly drone strikes in Ukraine. The tone is urgent and factual, with rapid-fire segment transitions.

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Key Discussion Points & Insights

1. High-Stakes US Diplomacy in Pakistan

• [00:02–00:50]
  • Vice President J.D. Vance is in Pakistan for peace talks with Iran. Uncertainty remains on whether he'll meet with the Iranian delegation.
  • If such a meeting occurs, Vance would be the highest-ranking US official to directly talk with Iranian representatives since 1979.
  • Vance’s first meeting on arrival was with Pakistan's Prime Minister Shabazz Sharif.
  • The US delegation includes high-profile figures:
    • Steve Witkoff (President's Special Envoy)
    • Jared Kushner
  • Pakistan's Army Chief, Field Marshal Asim Munir, who has unusual civilian-military sway, greeted Vance in civilian dress. Munir wore military uniform for the Iranian delegation, suggesting calculated diplomatic optics.

Notable Quote:

• “If he did, he would be the highest ranking American official to do so since the Islamic Revolution in 1979.” – Lucas Tomlinson [00:17]

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2. Iran’s Demands & Middle East Tensions

• [00:50–01:08]
  • Iranian leaders insist on release of blocked assets and a Lebanon ceasefire.
  • Tehran warns ongoing attacks could derail talks.
  • The US and Israel assert that Lebanon is exempt from the current truce framework.
  • All this is fueling economic unease in the US.

Notable Moment:

• Emphasis on how geopolitical maneuvering is directly affecting US economic indicators.

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3. Inflation Surge & Fed Dilemma

• [01:08–01:45]
  • US inflation rose nearly 1% in March (largest jump since June 2022), tripling February’s rate.
    • Core CPI (ex-food/energy): 2.6%, slightly under forecasts.
    • Energy costs soared nearly 11%, with gas prices up over 21%.
    • Average gas: $4.15/gallon (was $3.54 last month).
  • Inflation well above the Federal Reserve’s target, deepening divisions over timing for future rate cuts.
  • The White House assures this is a “temporary spike,” citing declines in eggs, beef, and dairy prices.

Notable Quotes:

• “Inflation grew nearly 1% in March. That's… tripling from February. It's the largest increase since June 2022.” – Connor Hansen [01:09]
• “White House says this is only a temporary spike, pointing to price drops in products like eggs, beef and dairy.” – Angelo Bavaro [01:45]

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4. NASA’s Record-Breaking Lunar Return

• [02:01–02:33]
  • The Integrity space capsule—returning the farthest-flown humans in history—achieves “perfect bullseye splashdown.”
  • Capsule survived 5000°F re-entry; parachutes ensured a safe landing in the Pacific.
  • Astronaut recovery underway, with thorough medical checks planned before their return to Houston.
  • Next lunar surface landing planned for 2028.

Notable Quotes:

• “A perfect bullseye splashdown for Integrity and its four astronauts.” – Connor Hansen [02:07]
• “A new chapter of the exploration of our celestial neighbor is complete.” – Angelo Bavaro [02:26]

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5. Eric Swalwell Denies Misconduct Allegations Amid Gubernatorial Bid

• [02:48–03:31]
  • Rep. Eric Swalwell, running for California governor, faces mounting pressure to withdraw following sexual misconduct claims.
  • Swalwell adamantly denies the allegations, vowing to fight them fully.
  • He emphasizes his long public service record, including prosecuting sexual assault cases.

Notable Quote:

• “These allegations of sexual assault are flat false. They're absolutely false. They did not happen. They have never happened. And I will fight them with everything that I have.” – Eric Swalwell [03:03]

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6. Russia-Ukraine Update: Odesa Strikes

• [03:38–End]
  • Russian drone strikes in Odesa killed at least two and injured two, damaging several buildings.
  • The attack precedes a proposed Orthodox Easter ceasefire.

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Memorable Moments & Quotes

• Historic Diplomacy Context:

  • “If he did, he would be the highest ranking American official to do so since the Islamic Revolution in 1979.” – Lucas Tomlinson [00:17]

• On the Space Mission’s Success:

  • "A perfect bullseye splashdown for Integrity and its four astronauts." – Connor Hansen [02:07]
  • “A new chapter of the exploration of our celestial neighbor is complete.” – Angelo Bavaro [02:26]

• Clear Denial of Political Accusations:

  • “These allegations of sexual assault are flat false… I will fight them with everything that I have.” – Eric Swalwell [03:03]

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Timestamps for Key Segments

• Diplomacy in Pakistan/Iran: 00:02–00:50
• Iran’s Demands & Regional Tensions: 00:50–01:08
• Inflation & Economic Impact: 01:08–01:45
• NASA Lunar Return: 02:01–02:33
• Swalwell Allegations: 02:48–03:31
• Odesa Drone Strikes: 03:38–End

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This summary distills the essential news and speaker perspectives from the 10AM ET FOX News Hourly Update, providing details and context for listeners who missed the episode.

Transcript

[Angelo Bavaro]

High stakes diplomacy. I'm Angelo Bavaro. Fox News Vice President J.D. vance is in Pakistan for peace talks with Iran. Fox's Lucas Tomlinson is there.

[Lucas Tomlinson]

It's not clear if Vice President J.D. vance will be actually meeting the Iranian delegation face to face. If he did, he would be the highest ranking American official to do so since the Islamic Revolution in 1979. One of his first meetings after going to the US embassy was with Pakistan's Prime Minister Shabazz Sharif. The president's special envoy, Steve Witkoff and Jared Kushner are also here. Vance was met by Pakistan's powerful army chief and Field Marshal Asim Munir, who essentially shares power with the prime minister. The army chief dressed in civilian clothing to greet Vance. Now Munir was in a military uniform when he greeted the Iranian delegation when they arrived late last night.

[Angelo Bavaro]

Iranian leaders are calling for the release of blocked assets and a ceasefire in Lebanon. Tehran warning that continued attacks could jeopardize talks. But Israel and the US Argue Lebanon is not covered by that truce. The US Economy feeling the effects of all that rising tension in the Middle East.

[Connor Hansen]

Inflation grew nearly 1% in March. That's on par with what economists predicted tripling from February. It's the largest increase since June 2022. Stripping out volatile food and energy costs. Core CPI hit 2.6%. That was slightly below the forecast. Inflation is above the Fed's target range and will play a major role in its meeting this month. Fed members have been divided on when the next cut should come. Energy costs are up nearly 11% with gas spiking more than 21%. Average gas prices ticked up to $4.15 a gallon a month ago. That was 354.

[Angelo Bavaro]

Fox businesses. Connor Hansen, the White House says this is only a temporary spike, pointing to price drops in products like eggs, beef and dairy. America is listening to FOX News

[Deborah Valentine]

News.

[Angelo Bavaro]

Four astronauts who have survived the farthest trip into space ever are now back on Earth.

[Connor Hansen]

A perfect bullseye splashdown for Integrity and its four astronauts.

[Deborah Valentine]

NASA spokesman Rob Navius after the Integrity capsule withstood external temperatures of up to 5000 degrees as it made its way back down to Earth. A series of parachutes slowing the capsule as it got closer to the Pacific Ocean.

[Angelo Bavaro]

A new chapter of the exploration of our celestial neighbor is complete.

[Connor Hansen]

Integrity's astronauts back on Earth.

[Deborah Valentine]

Small boats recovering the astronauts who are now expected to go through a thorough medical exam and make their way back to Houston. A mission featuring a crew of humans who will actually land on the lunar surface is slated for 2028 chill NATO

[Angelo Bavaro]

Fox News calls are growing for Congressman and California governor candidate Eric Swalwell to drop out of the race amid sexual misconduct allegations.

[Deborah Valentine]

The Democratic California gubernatorial candidate took to social media denying, denying the allegations.

[Eric Swalwell]

These allegations of sexual assault are flat false. They're absolutely false. They did not happen. They have never happened. And I will fight them with everything that I have.

[Deborah Valentine]

Furthermore, he said, for over 20 years,

[Eric Swalwell]

I have served the public as a city councilman, as a member of Congress and as a prosecutor who went to court on behalf of victims, particularly on behalf of sexual assault victims. That's who I am and have always been.

[Deborah Valentine]

Swalwell remains in the race for governor ahead of the June 2 primary. Deborah Valentine, FOX News.

[Angelo Bavaro]

Russian drone strikes killed at least two people in the Ukrainian city of Odesa overnight into Saturday. That's according to local authorities. That attack also injured two people and damaged buildings. This all came ahead of a proposed ceasefire for Orthodox Easter. I'm Angelo Bavaro and this is FOX News.