Fox News Hourly Update — 3PM ET 02/25/2026 Newscast

Host: FOX News Podcasts
Date: February 25, 2026

Episode Overview

This episode delivers a concise update on global and national headlines, focusing especially on the fallout from the death of Mexico’s most notorious drug lord, El Mencho, and the associated violence rippling across the country. The episode also covers breaking news in academia and provides a quick financial markets update.

Key Discussion Points & Insights

1. Aftermath of El Mencho’s Death in Mexico

• Main Point:
  The capture and killing of El Mencho, described as “the most notorious drug baron in the world,” by the Mexican government has sparked widespread violence and unrest across Mexico.
• Widespread Impact:
  • Violence erupted in 20 different states, effectively shutting down parts of the country and sparking fear among local residents.
  • Significant concern among locals regarding the region’s growing negative reputation and potential long-term impacts on tourism.
  • The Mexican government had been hunting El Mencho for a decade, offering a $15 million reward for his capture.
• Notable Quotes:
  • “Anger that their leader was captured and killed by the Mexican government, the most notorious drug baron in the world, El Mencho, and also showing their strength and their force, their ability to reach. It happened across 20 separate states in Mexico, really rocking and shutting down the nation.”
    — Steve Harrigan (03:15)
  • “When you talk to locals, there's a real sense of sadness that it's got a bad reputation here now and they're worried the tourists will not come back anytime soon.”
    — Steve Harrigan (03:36)
• Update for U.S. Citizens:
  • The shelter-in-place order for U.S. citizens in Puerto Vallarta was lifted as of yesterday, signifying a possible easing of immediate threats in that region.
    — Steve Harrigan (03:48)

2. Harvard Controversy: Larry Summers Resigns

• Main Point:
  Former U.S. Treasury Secretary Larry Summers will resign from his teaching position at Harvard University amid investigations into his ties with Jeffrey Epstein.
  • Summers had already been on leave since November.
• Significance:
  Highlights ongoing accountability measures in institutions connected with high-profile scandals.

3. Financial Markets Update

• Key Numbers:
  • Dow Jones up by 326 points with an hour left until market close.
• Quote:
  • “An hour to the close. A rally continues on Wall Street. The Dow up 326 at least.”
    — (03:58)

Notable Quotes & Memorable Moments

• On Mexico’s Turmoil:
  • “Anger that their leader was captured and killed by the Mexican government... It happened across 20 separate states in Mexico, really rocking and shutting down the nation.”
    — Steve Harrigan (03:15)
• On Local Sentiment in Puerto Vallarta:
  • “When you talk to locals, there's a real sense of sadness that it's got a bad reputation here now and they're worried the tourists will not come back anytime soon.”
    — Steve Harrigan (03:36)

Timestamps of Important Segments

• 03:15 — Reporter Steve Harrigan details nationwide unrest following El Mencho’s death.
• 03:36 — Discussion of local worries about safety and tourism in Puerto Vallarta.
• 03:48 — Update: U.S. shelter-in-place order lifted in Puerto Vallarta, recent news on Harvard’s Larry Summers resigning.
• 03:58 — Financial news: Dow Jones index performance close to market end.

Tone & Style

The episode maintains a direct, news-focused tone typical of Fox News newscasts: brief, factual reporting with minimal commentary or elaboration, emphasizing hard news and recent events.