Fox News Hourly Update – 10AM ET, September 18, 2025
Overview
This episode offers a concise roundup of the day’s top national and international headlines, including a major tech and defense agreement between the U.S. and U.K., ongoing fallout from the assassination of Charlie Kirk, breaking crime news, updates from Wall Street, significant corporate partnerships, and job market insights. The reporting is fast-paced, focused, and in the familiar direct style of Fox News Radio.
Main Stories & Discussion Points
1. U.S.-U.K. "Propensity Deal" and Tech Cooperation
- President Trump and U.K. Prime Minister Keir Starmer signed a new agreement aimed at expanding both nations’ industrial and technological capacity, with an emphasis on defense and emerging tech.
- Notable Quote:
- [00:06] Keir Starmer: "There's no more natural partnership in the world. Together we're building up the industrial capacity of both of our countries, which is crucial to our defense."
- The "propensity deal" focuses on:
- Joint development of AI models for healthcare
- Expanding quantum computing capabilities
- Trade Discussions:
- Ongoing U.K. efforts to persuade the U.S. to reduce 25% tariffs on British steel and aluminum, with hopes to lower them to zero.
- [00:32] Jackie Heinrich (London): "Today, the UK is hoping that President Trump will reduce the tariffs on British steel and aluminum, which currently sit at 25%. They were hoping to bring that down to zero."
2. Fallout from Jimmy Kimmel’s Suspension and the Charlie Kirk Assassination
- President Trump publicly applauded ABC for suspending Jimmy Kimmel, following Kimmel’s comments regarding the assassination of Charlie Kirk and the accused shooter.
- [00:43] Dave Anthony: "Last night, the president congratulated ABC on a Truth Social post for taking Jimmy Kimmel's show off the air indefinitely for comments that he's made in recent days about the Charlie Kirk assassination and the suspected gunman."
- Media unions (SAG AFTRA) decried the suspension as a threat to free speech.
- Details on the murder:
- Prosecutors say evidence shows the suspect, Tyler Robinson, held a leftist ideology and animosity toward Charlie Kirk.
- Tyler Robinson’s parents convinced him not to commit suicide and helped him surrender.
- His roommate/lover and family are under threat and have relocated for safety.
- Ongoing cooperation with authorities.
- [01:21] Garrettini: "The parents have been advised to lay low...The suspect's roommate and lover...has also been getting a lot of threats. And the sheriff's said that they are now in a safe place far from southern Utah..."
3. Pennsylvania Police Shooting
- Mourning in York County, PA:
- Three police officers have died and two are hospitalized (critical, but stable) after being shot while serving a warrant.
- The gunman was killed by return fire.
4. Stock Market and Corporate News
Wall Street Highlights
- Positive reaction after a Federal Reserve rate cut:
- Dow up 116 points
- Nasdaq up 195, hitting a new intraday all-time high
- S&P 500 up 32, also at record high
- Intel’s stock surged 25% following partnership news.
Intel & Nvidia Partnership
- Nvidia will invest $5 billion in Intel, collaborating on chips for PCs and data centers—including chips crucial for AI development.
- [03:20] Jenny Coselda: "Nvidia's investment will make Nvidia one of Intel's largest shareholders with 4% or more of the company."
- This comes after Intel agreed to the US government taking a 10% stake in exchange for $8.9 billion from the 2022 Chips Act.
- The Nvidia-Intel deal is seen as a lifeline for Intel’s struggling business.
5. Economic Update: Interest Rate Cut & Labor Market
- Federal Reserve cut rates by a quarter percent.
- Fed Chair Jerome Powell signaled two more possible cuts before year-end, citing a worsening labor market.
- Job growth has slowed and unemployment is up.
- Jobless claims:
- First-time claims fell to 231,000 (down 33,000 from previous week).
- Number of Americans continuing to collect benefits: 1.92 million.
6. Spirit Airlines Bankruptcy and Layoffs
- Spirit Airlines declares its 2nd bankruptcy in under a year.
- Flight capacity to be cut by 25% and job eliminations expected beginning November.
- [04:29] Sue Guzman: "The exact number of job cuts not revealed. CEO Dave Davis saying in a memo to employees that the focus will be on the airline's strongest markets."
Notable Quotes & Memorable Moments
- [00:06] Keir Starmer: "There's no more natural partnership in the world. Together we're building up the industrial capacity of both of our countries, which is crucial to our defense."
- [01:21] Garrettini: "The parents have been advised to lay low for a long time...the suspect's roommate and lover...has also been getting a lot of threats."
- [03:20] Jenny Coselda: "Nvidia's investment will make Nvidia one of Intel's largest shareholders with 4% or more of the company."
Timeline of Important Segments
- 00:02 – U.S.-UK Tech and Defense Deal Announced
- 00:43 – Trump Praises ABC for Jimmy Kimmel Suspension; Updates on Charlie Kirk Case
- 01:44 – Police Officers Shot in Pennsylvania
- 02:58 – Market Summary and Intel-Nvidia Deal
- 03:20 – Details of Nvidia’s $5B Investment in Intel
- 04:01 – Fed Rate Cut & Employment Data
- 04:29 – Spirit Airlines Job Cuts Announced
This episode provides a rapid, information-rich overview of the morning’s top stories, delivered with Fox News’ straightforward, news-first tone.
