12PM ET 04/11/2026 Newscast

Summary

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Fox News Hourly Update – 12PM ET, April 11, 2026

Host: Angelo Bavaro, FOX News Podcasts
Summary by Segment

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Overview

This episode covers major world news spanning tense US-Iran peace talks in Pakistan, the latest on surging US inflation, a historic NASA spaceflight return, developing allegations against a California gubernatorial candidate, and deadly drone strikes in Ukraine. Reporters deliver succinct updates, key quotes from principal figures are shared, and implications for the global and domestic landscape are highlighted.

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Key Discussion Points and Insights

1. US-Iran Peace Talks in Pakistan

[00:02-01:06]

• Location & Context:

  • Vice President J.D. Vance leads a US delegation to Islamabad, Pakistan to negotiate with Iran over ending the six-week war.
  • This is framed as “the biggest assignment of the Vice President’s life.”
  • Pakistan’s military and political leadership closely involved, with Vance greeted by Army Chief General Asim Munir upon arrival.

• Key Attendees:

  • VP J.D. Vance, President’s special envoy Steve Witkoff, Jared Kushner, and Pakistan’s Prime Minister Shabazz Sharif.

• Iran’s Demands & Tensions:

  • Iranian parliamentary speaker calls for a Lebanon ceasefire and the release of frozen assets.
  • Israeli military strikes continue; the US publicly denies releasing any Iranian assets.

Memorable Quotes:

• “President Trump says the US and Iranian meetings here in Pakistan over the fate of this six week war have officially begun.” – Reporter [00:15]
• “Vance... was met by Pakistan's powerful army chief General Asim Munir who essentially shares power with the prime minister.” – Reporter [00:33]

2. US Economy: Inflation Surges Amid Middle East Tensions

[01:06-01:49]

• Economic Impact:

  • Inflation jumped nearly 1% in March—the highest since June 2022.
  • Core CPI rose 2.6%, slightly below forecasts.
  • Energy costs soared nearly 11%; gasoline prices up more than 21%, hitting $4.15/gallon.

• Policy Implications:

  • Inflation remains above the Federal Reserve's target; debate continues over timing of next rate cut.

• Government Perspective:

  • White House attributes the spike to temporary factors.

Notable Quotes:

• “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.” – Connor Hansen, FOX Business [01:11]
• “Energy costs are up nearly 11% with gas spiking more than 21%.” – Connor Hansen [01:27]

3. Historic NASA Astronaut Return

[02:04-02:34]

• Mission Overview:

  • Four astronauts return from the farthest trip into space ever made.
  • Their capsule, Integrity, withstood extreme temperatures (up to 5,000°F) upon reentry, performed a bullseye splashdown in the Pacific.

• Aftermath & Future Plans:

  • Astronauts to undergo medical exams before returning to Houston.
  • A human lunar landing mission is scheduled for 2028.

Memorable Moments:

• “A perfect bullseye splashdown for Integrity and its four astronauts.” – NASA Spokesperson [02:07]
• “A new chapter of the exploration of our celestial neighbor is complete. Integrity's astronauts back on Earth.” – NASA Spokesperson [02:27]

4. Sexual Misconduct Allegations Against Eric Swalwell

[02:51-03:32]

• The Allegations:

  • California congressman and gubernatorial candidate Eric Swalwell faces calls to drop out of the governor’s race over sexual misconduct claims.

• Swalwell’s Response:

  • Strongly denies the allegations via social media; reaffirms his public service, especially on behalf of assault victims.
  • Vows to fight the accusations, remains in race for June 2 primary.

Notable Quotes:

• “These allegations of sexual assault are flat false. They are absolutely false. They did not happen. They have never happened. And I will fight them with everything that I have.” – Eric Swalwell [03:04]
• “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.” – Eric Swalwell [03:17]

5. Russian Drone Strikes in Ukraine

[03:39-03:54]

• Event Summary:
  • Overnight Russian drone strike killed at least two and injured two in Odessa, damaging buildings.
  • Attack comes just before a proposed Orthodox Easter ceasefire.

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Notable Quotes (with Timestamps)

• “President Trump says the US and Iranian meetings here in Pakistan over the fate of this six week war have officially begun.”
  – Reporter [00:15]

• “These allegations of sexual assault are flat false. They are absolutely false. They did not happen. They have never happened. And I will fight them with everything that I have.”
  – Eric Swalwell [03:04]

• “A perfect bullseye splashdown for Integrity and its four astronauts.”
  – NASA Spokesperson [02:07]

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Timestamps for Important Segments

• US-Iran Peace Talks: 00:02–01:06
• Economy & Inflation Updates: 01:06–01:49
• NASA Astronaut Return: 02:04–02:34
• Eric Swalwell Allegations: 02:51–03:32
• Ukraine Drone Strikes: 03:39–03:54

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Tone

The episode moves briskly, delivering news with urgency and clarity, using direct quotes and official voices for attribution. The language is precise and factual, consistent with traditional broadcast news standards.

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Transcript

[Angelo Bavaro]

Typical peace talks. I'm Angelo Bavaro, Fox News. The pressure is on for Vice President

[Lucas Tomlinson]

JD Vance who's in Pakistan alongside a US delegation for negotiations with Iran. Fox's Lucas Tomlinson.

[Narrator/Reporter]

President Trump says the US and Iranian meetings here in Pakistan over the fate of this six week war have officially begun. Six hours after Vice President J.D. vance touched down here in Islamabad which many are considering the biggest assignment of the Vice President President's life to try to see if this war can come to an end. Currently in a two week ceasefire, Vice president kicked off the day meeting with Pakistan's Prime Minister Shabazz Sharif. President's special envoy Steve Witkoff and Jared Kushner are also here. Vance met with when he got off Air Force Two. He was met by Pakistan's powerful army chief General Asim Munir who essentially shares power with the prime minister.

[Angelo Bavaro]

Iran's parliamentary speaker is demanding a Lebanon

[Lucas Tomlinson]

ceasefire and the release of frozen assets. This as Israeli strikes continue and the US denies any assets have been released.

[Angelo Bavaro]

The US Economy is feeling the effects

[Lucas Tomlinson]

of the rising tensions 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 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 Business is Connor Hansen. The White House says this is only a temporary spike. America is listening to Fox News. Four astronauts who have survived the farthest

[Lucas Tomlinson]

trip into space ever are now back on Earth.

[NASA Spokesperson]

A perfect bullseye splashdown for Integrity and its four astronauts.

[Rob Navius]

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.

[NASA Spokesperson]

A new chapter of the exploration of our celestial neighbor is complete. Integrity's astronauts back on Earth.

[Rob Navius]

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 fox News calls are growing for

[Lucas Tomlinson]

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 the allegations.

[Eric Swalwell]

These allegations of sexual assault are flat false. They are 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

[Lucas Tomlinson]

people in the Ukrainian city of Odessa 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.

[Angelo Bavaro]

I'm Angelo Bavaro and this is FOX News.