Summary4 min read

Fox News Hourly Update – 4PM ET 05/12/2026

Main Theme:
A concise roundup of key national stories, including President Trump’s trip to China, economic updates, FDA leadership changes, a deadly airport incident, tech developments from Google and SpaceX, and the sudden death of NBA player Brandon Clark.

Key Discussion Points & Insights

1. President Trump Heads to China & Iran Situation

President Trump departs for China, signaling anticipation for a positive summit with President Xi.
Addresses the Iran conflict, asserting the U.S. military’s advantage and confidence in achieving victory.
Dispels the need for China's involvement with Iran, emphasizing unilateral U.S. strength.

“Their military is gone. It's wiped out. And we're only going to make a good deal and we'll see what happens.”
— President Trump (00:16)

Predicts benefits for both the American and Iranian people once the conflict concludes, including lower consumer prices.

“It'll be good for both the American and Iranian people... prices will go down once the conflict ends.”
— Lisa Brady summarizing (00:21)

2. Inflation and Economic Updates

Inflation: Consumer prices rose to a three-year high, with monthly (March–April) CPI up 0.6% and annual core CPI (excluding food and energy) at 3.8%.
Democrats use the data to criticize the administration’s economic policy.

“Democrats calling that evidence of a failing economic agenda.”
— Lisa Brady (00:49)

3. FDA Commissioner Dr. Marty Makary Resigns

Dr. Marty Makary steps down as FDA commissioner after just over a year.
President Trump praises Makary’s service but acknowledges challenges during his tenure. The deputy commissioner will serve as acting commissioner.

“You know, he's a great doctor and he was having some difficulty, but he's going to go on and he's going to do well.”
— President Trump (01:07)

Makary faced criticism from Trump allies for delays in drug approvals and not restricting abortion medication mifepristone.

4. Hantavirus Outbreak Linked to Cruise Ship

Status: 11 reported cases (9 confirmed); 18 Americans remain quarantined in Nebraska and Atlanta.
No detailed update; situation ongoing.

5. Denver Airport Incident – Fatality Identified

Victim: Michael Mott, 41, intentionally entered runway space, resulting in fatal injuries after being struck by an aircraft.

“The cause of death is multiple blunt and sharp force injuries. The manner of death is suicide.”
— Dr. Sterling McLaren, Denver's Chief Medical Examiner (02:33)

Incident resulted in a large debris field (4,000 ft.) and evacuation of all 231 passengers; 12 injured.

6. Tech Collaboration: Google and SpaceX

Development: Talks about launching data centers into orbit; aligns with SpaceX CEO Elon Musk’s 2026 vision of satellite-based computing.
Google previously launched Project Sun Catcher; aims to begin with small machine racks in satellites, scaling up thereafter.

“You're power constrained on Earth, but in space it's always sunny.”
— Elon Musk (summarized by Jessica Rosenthal, 03:00)

“We'll send tiny, tiny racks of machines and have them in satellites, test them out and then start scaling from there.”
— Sundar Pichai, Google CEO (quoted at 03:19)

International Energy Agency forecasts 15% yearly growth in data center power usage (2024–2030).

7. NBA Player Brandon Clark Dies at 29

Brandon Clark (Memphis Grizzlies forward) passes away unexpectedly; team and league express shock and mourning.
No release of cause, time, or place of death.

“An outstanding teammate and an even better person whose impact on the team and the greater Memphis community will not be forgotten.”
— Grizzlies statement (summarized at 03:39)

8. Markets Recap

Dow up 56 points; S&P and Nasdaq retreat from recent highs.
U.S. oil prices rise above $102/barrel.

Notable Quotes & Moments

President Trump on Iran’s military: “Their military is gone. It's wiped out.” (00:16)
On economic policy: “Democrats calling that evidence of a failing economic agenda.” (00:49)
Trump on FDA commissioner resignation: “He was having some difficulty, but he's going to go on and he's going to do well.” (01:07)
Denver medical examiner on suicide: “The cause of death is multiple blunt and sharp force injuries. The manner of death is suicide.” (02:33)
Sundar Pichai on orbiting data centers: “We'll send tiny, tiny racks of machines and have them in satellites, test them out and then start scaling from there.” (03:19)

Timeline of Key Segments

00:03 – President Trump’s China trip & Iran response
00:34 – Inflation and economic data
00:59 – FDA Commissioner resignation
01:31 – Hantavirus cruise ship outbreak
02:16 – Denver airport suicide detailed
03:00 – Google & SpaceX orbital data centers
03:39 – NBA’s Brandon Clark death, market wrap-up

Tone:
Direct, fact-focused, succinct—reflecting the delivery style of a standard radio newscast.

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Transcript20 lines

[00:03]
Lisa Brady
President Trump heads to China on Lisa Brady, FOX News and what he says will be a great meeting that both he and President Xi are looking forward to. Also telling reporters before leaving the White House he doesn't need Xi's intervention with Iran.
[00:16]
President Trump
Their military is gone. It's wiped out. And we're only going to make a good deal and we'll see what happens.
[00:22]
Lisa Brady
He predicts victory over Iran one way or the other and says it'll be good for both the American and Iranian people. Also predicting again that prices will go down once the conflict ends. After consumer prices hit a three year
[00:34]
Jenny Casola
high, inflation rose last month. It was expected to increase, but the annual pace was even hotter than anticipated. The consumer price index rose 0.6% from March to April, up 410 for core CPI excluding food and energy.
[00:50]
Lisa Brady
Fox's Jenny Casola year over year at 3.8%. Democrats calling that evidence of a failing economic agenda. The president needs a new FDA commissioner.
[00:59]
Dr. Marty Makary
The head of the Food and Drug Administration, Dr. Marty Makary, is stepping down a little more than a year after taking over the regulatory agency.
[01:07]
President Trump
You know, he's a great doctor and he was having some difficulty, but he's going to go on and he's going to do well.
[01:13]
Dr. Marty Makary
President Trump says the agency's deputy will take over as acting FDA commissioner. McCary drew criticism from some allies of President Trump who accused McCary of slow walking approval of some drugs and refusing to put new limits on mifepristone, an abortion medication that has been on the market for 25 years.
[01:32]
Lisa Brady
Fox's Jared Halpern at the White House. President Trump thanking Makary just posting that he did a great job at the FDA. A hantavirus outbreak is now at 11 reported cases, nine of them confirmed. Eighteen Americans who had been on the cruise ship remain quarantined at two facilities in Nebraska and Atlanta. A mixed finish on Wall street. The Dow up 56 points at the Bell. America is listening to FOX News
[02:02]
American Home Shield Announcer
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[02:13]
Dr. Marty Makary
plan available as a benefit with select plans.
[02:16]
Lisa Brady
Officials in Colorado identify the man killed by a Frontier Airlines plane in Denver last week.
[02:22]
Dr. Sterling McLaren
Denver's Chief Medical Examiner, Dr. Sterling McLaren, says Michael Mott, the 41 year old struck and killed by a plane taking off at Denver International Airport late Friday intended to end his life.
[02:34]
Coroner or Medical Examiner
The cause of death is multiple blunt and sharp force injuries. The manner of death is suicide.
[02:39]
Dr. Sterling McLaren
Officials noting Mott climbed over an eight foot perimeter fence topped with barbed wire and was hit two minutes later, the incident causing a 4,000 foot debris field and all 231 people on the flight were forced to evacuate.
[02:50]
Lisa Brady
Fox's Kristen Goodwin 12 people were injured. Google is reportedly in talks with SpaceX as the two companies look to put data centers into orbit.
[03:00]
Jessica Rosenthal
Earlier this year, SpaceX CEO Elon Musk said he was working on putting satellites of data centers to orbit, saying you're power constrained on Earth, but in space it's always sunny. Now Google says they're in talks with Space X about this. Last year the company launched Project Sun Catcher. And last fall Google CEO Sundar Pichai told Fox News Sunday, I think we
[03:20]
Coroner or Medical Examiner
are taking our first step in 27. We'll send Tiny, tiny racks of machines and have them in satellites, test them out and then start scaling from there.
[03:31]
Jessica Rosenthal
The International Energy agency says from 2024 through 2030, data center electricity consumption will grow 15 year. Jessica Rosenthal, Fox News.
[03:40]
Lisa Brady
An NBA player has died. Brandon Clark was a forward for the Memphis Grizzlies, just 29 years old. No word yet on how, when or where he died. The Grizzlies say they're heartbroken by the tragic loss, calling Clark an outstanding teammate and an even better person whose impact on the team and the greater Memphis community will not be forgotten. Recapping stocks, the dow finishing up 56 points, but the S and P and the Nasdaq retreat from record highs. US oil prices getting back over $102 a bar. Errol and Lisa Brady, FOX News.