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Instead of dropping the ball, they bang the gong. I'm Dave Anthony. FOX news. That's how they rung in the new year. An hour ago in Seoul, South Korea, the clock just struck midnight from China to the Philippines to Singapore. And it's also already 2026 in Australia as crowds gather in New York City's Times Square where the ball will drop twice tonight, the second one at 12:04 to celebrate America's 250th birthday. And Fox's Tyro reports there's a lot of the NYPD is even employing a secondary security screening this year. In New Orleans, the National Guard will be busy patrolling the French Quarter. Deployment coming in response to last year's ISIS inspired attack that killed 15 people on Bourbon street early on New Year's Day. The 15 killed include the terrorist who drove a truck into the crowd. He was shot by police. Months after the Israel and US Attacks bombing Iran's nuclear and missile facilities, Israeli Prime Minister Benjamin Netanyahu tells fox's Special they are going back to production. As far as the nuclear program, I think they're trying to do it. President Trump's warned Iran he'd strike them again.
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Meanwhile, the White House is monitoring the.
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Nationwide protests in Iran which are now stretching into day three.
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Iranians angry about the state of its.
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Country, rising inflation and falling currency, an.
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Economy that is barely growing.
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Fox's Lucas Tomlinson in West Palm beach near the Trump Florida resort. The Trump administration is withholding childcare funding from Minnesota as the investigation continues into multibillion dollar fraud allegations. White House press secretary Caroline Levitt tells.
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Fo the Department of Homeland Security is conducting door to door investigations on the ground at potential fraud sites.
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Minnesota's Democratic Governor Tim Waltz is responding saying this is Trump's long game. We've spent years cracking down on fraudsters. It's a serious issue. But this has been his plan all along. He's politicizing the issue. That's Fox's David Spunt. America's listening to FOX News.
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This is Ainsley Earhart. Thank you for joining me for the 52 episode podcast series the Life of.
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Jesus, a listening experience that will provide hope, comfort, understanding of the greatest story ever told. Listen and follow now@foxnewspodcasts.com or wherever you listen to podcasts. You mentioned the New Year's Eve celebration in New York City. After the clock strikes 12, it'll be out with the old in with the new mayor sworn in at a private midnight ceremony.
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That's going to be a democratic socialist. Zoran Mandani, he's promised a lot of free things, free buses, free this. So let's go through it. This is what we know so far about everything that could happen here in 2026, progressive agenda like free childcare, free city buses and rent freezes. But at just 34 years old, critics are asking, can he even deliver on these promises? So Mandani's been called the new face of the Democratic Party by some, campaigning alongside Representative Alexandria Ocasio Cortez and Senator Bernie Sanders.
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That's Fox's Alexis McAdams Week. Yes, after the deadline mandated by Congress for the Justice Department to release all the files from the Jeffrey Epstein sex trafficking investigation, lawmakers who threatened to hold Attorney General Pam Bondi in contempt have to keep waiting for a lot more.
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There are 5.2 million pages of Jeffrey Epstein files left to review before they're made public, according to a government document reviewed by the New York Times and the Reuters news agency. It says the justice department is using 400 attorneys to do it. Pulled from its criminal and national security divisions, the FBI and the U.S. attorney's office in Manhattan. Volunteers are asked to devote three to five hours a day in exchange for time off and telework options. The law passed by Congress mandated a release of Epstein files by December 19, with redactions meant to protect victims. About 100,000 pages came out that day. The remaining documents are being reviewed between January 5th and 23rd. Chris Foster, Fox News.
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We got an unemployment update this morning showing a drop in first time claims during Christmas week down to 199,000 fewer than expected. The number of people continuing to collect jobless benefits also declined to 1.86 million. Next week, we're going to get the December report on hiring and also the new unemployment rate on Wall street on the last day of the year. The dow is down 170 points, the NASDAQ dropping 77. But both have had double digit percentage gains in 2025. I'm Dave Anthony and this is FOX News.
Host: FOX News Podcasts
Date: December 31, 2025
This edition covers the global New Year’s celebrations, heightened security in major US cities, developments in Iran and its nuclear program, US domestic issues including child care funding in Minnesota, New York City’s new mayor, the latest on the Jeffrey Epstein investigation files, and key economic updates.
Celebrations:
Many Asian nations like South Korea, China, the Philippines, and Singapore have already welcomed 2026.
Australia has also celebrated the new year.
Crowds are gathering in New York City's Times Square, where the iconic ball will drop twice—once at midnight and a second time at 12:04 am to celebrate America’s 250th birthday.
“Instead of dropping the ball, they bang the gong. . . the ball will drop twice tonight, the second one at 12:04 to celebrate America's 250th birthday.”
— Dave Anthony (00:03)
Security Measures:
NYPD is implementing a secondary security screening in Times Square.
The National Guard will patrol New Orleans’ French Quarter in response to last year's ISIS-inspired attack on Bourbon Street.
“The National Guard will be busy patrolling the French Quarter, deployment coming in response to last year's ISIS-inspired attack that killed 15 people on Bourbon Street early on New Year's Day.”
— Dave Anthony (00:28)
Iran’s Nuclear Program:
Following US and Israeli bombings of Iran’s nuclear and missile facilities, Prime Minister Netanyahu claims Iran is resuming nuclear activity.
President Trump issues a warning that he would retaliate against Iran if provoked.
“As far as the nuclear program, I think they're trying to do it. President Trump's warned Iran he'd strike them again.”
— Dave Anthony (01:10)
Nationwide Protests in Iran (01:13-01:23):
Widespread civil unrest continues for a third day.
Protesters are responding to economic struggle, high inflation, and depreciation of the national currency.
“Iranians angry about the state of its country, rising inflation and falling currency, an economy that is barely growing.”
— Fox’s Lucas Tomlinson (01:20)
The Trump administration is withholding childcare funding for Minnesota as fraud investigations continue.
The Department of Homeland Security is conducting door-to-door checks at suspected fraud locations.
“The Department of Homeland Security is conducting door to door investigations on the ground at potential fraud sites.”
— Caroline Levitt, White House Press Secretary (01:35)
Minnesota Governor Tim Walz accuses the Trump administration of political motivation.
“We've spent years cracking down on fraudsters. It's a serious issue. But this has been his plan all along. He’s politicizing the issue.”
— Gov. Tim Walz (paraphrased by Dave Anthony, 01:43)
Zoran Mandani is sworn in as NYC’s new mayor in a private midnight ceremony.
Mandani, at 34, is noted for his progressive platform: free buses, free childcare, city bus rides, rent freezes.
Some critics question whether such ambitious promises can be achieved.
“Zoran Mandani, he's promised a lot of free things, free buses, free this. So let's go through it. . . Progressive agenda like free childcare, free city buses and rent freezes. But at just 34 years old, critics are asking, can he even deliver on these promises?”
— Alexis McAdams (02:26)
He is termed "the new face of the Democratic Party," having campaigned with Alexandria Ocasio-Cortez and Bernie Sanders.
The Department of Justice missed a Congress-mandated deadline to release all files on Jeffrey Epstein.
There are still 5.2 million pages to review, handled by a dedicated team of 400 attorneys.
About 100,000 pages were published by December 19; the rest are being examined for release between January 5 and 23, with redactions to protect victims.
“There are 5.2 million pages of Jeffrey Epstein files left to review before they're made public, according to a government document . . . The remaining documents are being reviewed between January 5th and 23rd.”
— Chris Foster (03:08)
Unemployment: First-time jobless claims dropped to 199,000 over Christmas week, lower than expected. Ongoing claims fell to 1.86 million.
Market Recap: The Dow Jones is down 170 points, NASDAQ down 77 on year’s last trading day, but both indexes posted double-digit gains in 2025.
“Down to 199,000 fewer than expected . . . both [indexes] have had double-digit percentage gains in 2025.”
— Dave Anthony (03:43)
This concise breakdown provides a complete overview of the major news covered in the 11AM ET Fox News Hourly Update for December 31, 2025, useful for anyone who missed the episode but wants a solid grasp of current events.