This news item is hot off the press, actually burning off the press.

Dictionary.com defines the term as:

News that is hot off the press has just been printed and often contains the most recent information about something.

The Free Dictionary goes on to say:
hot off the press(es)
1. Freshly printed, as of a periodical.
The latest edition of the student newspaper is hot off the press, and my class is going to distribute it at lunch.
Back in my day, you could tell when a newspaper was hot off the presses because it was actually still hot!
2. Newly-circulating, as of a bit of news or gossip.
Did you hear that Mara dumped Jim? It's hot off the press!
Hey, it's hot off the presses—Greg got the promotion over Paul.

A press is a device used to run paper through to print content:

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