Summary4 min read

Fox News Hourly Update

Episode Theme:
U.S. Launches Strikes on Iran For Second Straight Day
Date: June 10, 2026
Host: Lisa Licera (FOX News Podcasts)

Overview

This Fox News episode delivers urgent, up-to-the-minute coverage of escalating U.S.–Iran tensions with a second consecutive day of U.S. airstrikes on Iranian targets. The episode also touches on significant domestic news: high-profile murder sentencing in Texas, federal charges related to anti-Jewish threats, new financial industry regulations, and honors in the entertainment industry.

Key Discussion Points & Insights

Second Round of U.S. Strikes on Iran

[00:02 – 00:31]

The U.S. military, under Central Command, has begun a second consecutive round of strikes on Iranian targets.
The strikes are described as a direct response to what the U.S. labels "unwarranted and continued aggression" by Iran.
U.S. Secretary of War Pete Hegses, quoting the President:

"President Trump said, they've been tap, tap, tapping. You can see when someone's trying to tap, tap, tap on a deal. Instead they're going to have tap, tap, tap bombs dropping on key facilities in Iran from the United States of America."
(Pete Hegses, 00:19)
President Trump earlier asserted a deal with Iran was nearly reached yet accused Tehran of purposeful delay tactics.

Economic Impact: Inflation & Oil

[00:31 – 00:49]

The President claims the U.S. has seized millions of Iranian oil barrels, linking this to recent inflation.
Consumer price index rose to over 4% year-over-year.
President Trump remains optimistic despite inflation fears:

"You know what I really love? I love the inflation."
(President Trump, 00:49)
Asserts post-conflict prices will "plummet."
The financial markets have responded negatively, with the Dow dropping 953 points and Nasdaq down by 509—marking the first back-to-back downturn in three weeks.

Texas Murder Case: Sentencing of Carmelo Anthony

[01:15 – 01:37]

Carmelo Anthony, a Texas teen, sentenced to 35 years for the fatal stabbing of 17-year-old Austin Metcalf during a high school track meet.
The defense plans to appeal; prosecutors express satisfaction with the outcome but were prepared for a larger sentence.
Anthony and the victim attended different schools, and prosecutors allege Anthony sought to provoke Metcalf after repeated warnings.
According to sentencing rules, Anthony will serve at least half his sentence before potential eligibility for release.
On-the-ground report from:

"Fox's Brooke Taylor in McKinney, Texas."
(Lisa Licera, 01:37)

Department of Justice Charges: Anti-Jewish Threats

[02:15 – 02:56]

Federal grand jury indicts eight individuals from Michigan, Wisconsin, and Illinois for conspiracy to threaten University of Michigan law enforcement, businesses, and the Jewish Federation of Detroit.
Motivations linked to perceived financial support for Israel.
DOJ statement underscores a commitment to the rule of law:

"In America, we rule by law, not by fear that the DOJ will counter terror and intimidation threats with justice."
(Jeff Manasso quoting DOJ, 02:56)

Kalshi Tightens Insider Trading Controls

[02:56 – 03:42]

Trading platform Kalshi imposes tighter restrictions:
- Mandatory employment disclosures for sensitive contract traders.
- Introduction of whistleblower portal.
- New market risk scoring system.
These measures result from an independent committee’s audit.
Kalshi has made over 20 regulatory referrals in Q1 2026.
Industry report info provided by:

"Jenny Coselda, FOX News"
(03:42)

Entertainment News: Glenn Close, Ridley Scott, Floyd Norman Honored

[03:42 – 04:00]

Glenn Close to receive an honorary Oscar after eight nominations.
Director Ridley Scott and animator Floyd Norman (Disney’s first Black animator) also to be honored at the Governor's Awards.
Celebrated for their lifetime contributions to the film industry.

Notable Quotes

Pete Hegses on U.S.–Iran escalation:

"Instead they're going to have tap, tap, tap bombs dropping on key facilities in Iran from the United States of America."
(00:19)
President Trump on inflation:

"You know what I really love? I love the inflation."
(00:49)
DOJ statement (read by Jeff Manasso):

"In America, we rule by law, not by fear that the DOJ will counter terror and intimidation threats with justice."
(02:56)

Segment Timestamps

[00:02] – Breaking: Second day of U.S. strikes on Iran
[00:19] – Pete Hegses and President Trump statements on Iran
[00:31] – Inflation and oil market updates
[01:15] – Texas murder sentencing report
[01:37] – Brooke Taylor live from Texas
[02:15] – DOJ charges in anti-Jewish threats
[02:56] – Kalshi’s new market rules
[03:42] – Glenn Close and others to receive honorary Oscars

Memorable Moments

The forceful analogy by Pete Hegses: “tap, tap, tap bombs dropping” offers a vivid characterization of the U.S.’s shifted military posture.
President Trump’s remark on inflation—deliberately nonchalant—stands out for its rhetorical bravado.
DOJ’s firm messaging underscores the federal government’s commitment to combating intimidation and preserving rule of law.

This episode delivers real-time information on international conflict, national legal developments, economic volatility, market regulation, and notable cultural honors—making it an essential update for anyone wanting to stay current with major U.S. and world events as of June 10, 2026.

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Transcript13 lines

[00:02]
A
This is a FOX News alert. Another round of strikes. I'm Lisa Licera. U.S. central Command says it has begun a second round of attacks on multiple targets in Iran, saying they're in response to Iran's unwarranted and continued aggression. Secretary of War Pete Hegses said this to reporters about an hour ago as
[00:20]
B
President Trump said, they've been tap, tap, tapping. You can see when someone's trying to tap, tap, tap on a deal. Instead they're going to have tap, tap, tap bombs dropping on key facilities in Iran from the United States of America.
[00:31]
A
Earlier today, President Trump said he believed a deal with Iran was close but accused Tehran of delaying the agreement. The president also revealed the US has been taking out millions of barrels of oil from Iran after the consumer price index rose to more than 4% year over year last month. President Trump is downplaying inflation worries.
[00:49]
C
You know what I really love? I love the inflation.
[00:51]
A
That's because he says when the conflict is over, prices will plummet. Another sell off on Wall street triggered by worries over Iran and inflation. The Dow plunged 953 points. The Nasdaq -509 is in PE 119. Its first back to back drop in three weeks. The lawyer for Carmelo Anthony, the Texas teen convicted of murdering a fellow teen at a track meet in Frisco, Texas, last year, says he will appeal.
[01:16]
D
The jury sentenced Carmelo Anthony to 35 years behind bars for fatally stabbing 17 year old Austin Metcalf during a high school track meet. Both the DA and lead prosecutor told me they were satisfied with the sentence even though Anthony faced up to 99 years behind bars. They also said that they were prepared for Anthony to take the stand and they hope that he would.
[01:37]
A
Fox's Brooke Taylor in McKinney, Texas. Anthony and Metcalfe attended different high schools. Prosecutors had accused Anthony of trying to provoke Metcalf after being asked to leave Metcalfe's team's tent multiple times. Carmelo Anthony will have to serve a minimum of half his sentence. America is listening to FOX news.
[02:00]
E
Cheers to America's 250th birthday. Get 20% off your first purchase at foxnewswineshop.com with code FNRADIO20. 20% discount excludes wine club offers and cannot be combined with any other promotion. Expires July 31, 2026. Must be 21. Order to order. Please drink responsibly.
[02:16]
A
The Department of Justice announcing terror related charges against multiple people accused of anti Jewish threats.
[02:21]
F
The Department of Justice says a federal grand jury in Detroit has returned an indictment against eight people from Michigan, Wisconsin and Illinois for their alleged roles in conspiracies to make threats against leaders of the University of Michigan law enforcement and businesses, including the Jewish Federation of Detroit, over what process prosecutors call the victims perceived financial support for Israel. The U.S. attorney's office in a statement saying, in America, we rule by law, not by fear that the DOJ will counter terror and intimidation threats with justice. Jeff Manasso, Fox News Kalshi is stepping
[02:57]
A
up restrictions to address insider trading concerns, mandating employment disclosures for users trading on sensitive contracts.
[03:04]
G
It's adding some guardrails to address concerns about market manipulation and insider trading. It'll also launch a whistleblower portal and will assign risk scores to markets. Kalshee says the changes are based on recommendations from an independent surveillance audit committee established to oversee its market integrity and enforcement. The Wall Street Journal says the audit committee's report discloses for the first time that Kalshi has made more than 20 referrals to the Commodity Futures Trading Commission and the Justice Department during the first quarter of this year. Jenny Coselda, FOX News Glenn Close will
[03:42]
A
finally get an Academy Award the Academy of Motion Picture Arts and Sciences has announced Close will receive an honorary Oscar at the annual Governor's Awards. She has been nominated for an Oscar eight times and is known for her emotional range and complex characters. Director Ridley Scott and animator Floyd Norman will also receive honorary Oscars. Scott directed such notable films as Alien and Blade Runner. Norman was the first black animator for Walt Disney. I'm Lisa Licera. This is Fox News.