stuart: we want to introduce the newest member of the fox family, this is why it david jenkins, born to jen jacob torok 12:0 one in the morning in time for the first primary debate, the company regulations. earlier we asked who was the first president to visit all 50 states, almost out of time. >> nixon. stuart: must be nixon because we only had 50 state after 1959. four presidents visited all the states, out of time. coast to coast next.

>> the storm is forecast to make landfall on florida's big band as a major hurricane. >> charlie and ivan and all the things in between, can never be too prepared. >> could reach 8 to 12 feet. >> take it seriously and be prepared. neil: waiting for idalia tomorrow is a category 3 storm, in excess of one hundred 50 miles an hour, 8 to 12 foot surges, to put it mildly this is a monster storm if it goes as build. robert ray in the path of that. >> reporter: beautiful beaches,

people out here, fleeting moments, mandatory evacuation on clearwater beach as all the barrier islands and low-lying areas, all of this tomorrow at this time could be underwater, up to 7 feet of storm surge expected to come in. it will go over the beach, go into these parking lots and the roads over here in the main area of clearwater beach. here's the thing, why is that going to happen when the storm is not directly hitting right here? it will hit the big bend where it turned into the panhandle. that's because of rapid intensification. we are at a category one. it is moving up the gulf. i just talked to someone in fort myers and naples and they are seeing the effects coming in. some of that movement on the counterclockwise twist. when it gets here it will had

warm waters and rush in from the energy. of that system will turn into a category 3, potentially higher. we don't know as the rapid intensification occurs. people are getting out of dodge i hope, most of them, mandatory evacuations here, airports shut in tampa and saint pete, folks need to get inland and off the coastlines as this is going to be devastating, let's hope not deadly but catastrophic in many areas. we are ready as the people, ron desantis continues to give updates throughout the day. a thousand national guardsmen here and ready to come in and restore utilities. it will hit later tonight into tomorrow, noon tomorrow. this will be a very active hurricane zone area.

neil: are they under mandatory evacuation orders? >> i am in clearwater beach, mandatory, this is an island. if you go across these bridges over the inland to clearwater there are areas under mandatory over there but low-lying areas, the majority are not. we are going to stay at a fortress of a hotel, many vehicles in a safe place and we will capture the water as it comes in off of the coast and inundates these roads, businesses and homes. we are hoping for the best, but the way it looks, the surge is coming at it won't be like hurricane in a year ago, 15 feet plus, but we could have record surge here on clearwater beach of 7 feet or more. have not seen that kind of number in modern history.

neil: just be safe. robert ray in the middle of that, hours away from being just that. we could be looking at, what do you think? >> reporter: right now maximum winds of 85 miles an hour. it has turned to the southwest of the fort myers area. it's considered a category one storm but eventually we anticipate idalia will undergo what we call rapid intensification. that means we will see winds increase by 35 miles an hour in the next 24 hours. once this make landfall somewhere in the big bend this will likely have at least winds of one hundred 11 miles per hour. mph. we see some tornado warnings popping up here 17 miles from marco island, this will be going on until 12:15. we will see severe weather across the sunshine state from gainesville to the tampa area

today. once the storm gets done with florida it will continue into georgia and south carolina and even north carolina. the atlanta metro area will likely get rain out of this. college, raleigh, north carolina, savannah will see some significant rain out of this, from 1 to 5 inches of rain across the florida panhandle. where we could pick up on 5 to 8 inches of rain. some estimates are saying we could pick up boards of 10 inches of rain by the time all this is done. neil: in the atlantic, far from land, any updates on that? >> franklin the atlantic? neil: i apologize which i was mixing my source. >> there's been a lot of storm names. they interact with one another.

in between franklin and idalia, we have a strong with ridge, high-pressure generally will keep things away from it. that's why on the eastern side of florida, just experienced some cloud cover for the most part so what's happening with franklin is franklin is being pushed upward and idalia being pushed upward, sandwiched in between, high-pressure acting like the puppet master so to speak. the good news for those in the northeast is we have high-pressure in control where we are so that's why idalia won't make its way up the east coast. it will eventually make a right turn and head out to see thursday into friday. neil: seems like a quick moving storm. don't know if that has markedly changed. that can mitigate some of the flooding. not a lot but it could. what your latest read? >> with idalia moving at 14 miles an hour, that's the

reason some of these rain totals are higher. if idalia was moving 10 miles an hour or less, we could see double the amount of rain totals but right now, 14 mph, we anticipate once it does make landfall it will slow down just a little bit, but if it does, we may be moving four or five miles per hour and could end up seeing totals that are higher, 15, 20 inches. neil: thank you very much. we want the best, got the best, following this closely. to let you know, the mayor of st. petersburg will join us on this show. we are focusing on mother nature. another develop and across the wires, apple has sent invites for the september 12th launch event. we suspect that is a new iphone 15 announcement.

mark tepper joins us now. what do you think that will be? >> once my battery starts dying, i think what this speaks to with regards to apple is if you go back decade by decade there's an important lesson for investors to learn. when you go to the 90s, if you identify a major investment, that's 90% of the battle. back to the 90s, personal computers were the big thing, hewlett-packard, the 2000s the big theme was mobility, get rid of the landline telephone, pick up a cell phone, flip phone now. research in motion, the blackberry, 2010, smart phone, apple. right now we are talking a decade where a i will be more important. larry: who are the tenants?

>> friendly gentleman's better, if you put money in nvidia versus apple i feel confident that come december 31, 2029, much greater. neil: what is happening in that? the most impressive stocks ever. but this year it is running double the loss we've seen on the nasdaq. what is that about? >> august has been a brutal month for apple compared to the nasdaq. neil: 9. 5% decline% decline for apple this month versus 5.3%. >> apple, the biggest player in smart phones. didn't really say much in regards to their pursuit of ai

technologies and services, products. if you think about it i could make the argument that autocorrect is the opposite of artificial intelligence. it gets dumber and dumber with every iteration that comes out. neil: i should check my texts and emails about autocorrect. do not be offended. it is a comeuppance for them? they parked a lot of excitement, why best buy and the so-so earnings report has been telegraphed, we see strong activity and strong technology on the part of consumers next year despite not materializing this year. >> one of the things you are seeing is shying away from big-ticket items like furniture, appliances and electronics, moving their budget towards smaller purchases. neil: you see that phenomenon. something tells me the 15 is not going to be cheaper. >> probably upwards of $1500.

looking at apple, i would almost call it a failure for them to be a bigger player in ai at this time. when investors need to realize is if you get the investment theme of the decade right, you are doing well but if you overstay your welcome you are going to give a lot of gains back. that is where we are with apple. apple is very rich. neil: is it really? s not going to grow earnings at all. it is tough to continue to command growth when you are not growing, when you are past your prime, your best days -- neil: why are you looking at me that way? you have concerns whether the momentum can hold, not whether

it goes away but the lead. >> apple is 57% waiting in the s&p. you don't want to selloff and not own it at all but now is the time that you think about getting in line with a neutral way, you still, apple has been a game changer. diane: nasdaq and technology stocks were the big comeback issues this year. do you see that the rest of the year? >> i think ai should be a dominant theme. the issue i have is nvidia's earnings last week were blockbuster. they were phenomenal. neil: they were not phenomenally rewarded. >> didn't do well at all. neil: before that, 150% of the year. i was looking at that performance last week thinking if nvidia can't keep the market

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>> inching closer to an impeachment inquiry on capitol hill concerning the present occupant of the oval office, chad program has more, what's the latest? >> republican searching for smoking and to impeach president biden, these emails used to pseudonym and -- hunter

biden may help their case? >> pseudonyms are important because they indicate than vice president biden was trying to hide his identity which would make you think that he's involved in something he shouldn't be involved with. we are on the cusp of launching an impeachment inquiry. >> one email noted a phone call, vice president conducted within ukrainian leader portion go. the white house is must abide was never involved in hunter biden's overseas business dealings which kevin mccarthy faces pressure to impeach the president but it is unclear as the house has the votes to do that. >> speaker mccarthy will find himself in a portion of his caucus who are raging and angry and than the question is do they let him stay speaker, you don't get everything you want in politics but there's a

portion of the republican caucus who really wants to get everything they want. >> the other flash point is everything the government shutdown. republicans want investigations of donald trump. others want to penalize the department of homeland security over the border. >> there needs to be a showdown on the border, we need to put out our foot in the sand and say enough. it's out of control. what happening in new york city is a disgrace. >> some conservatives oppose a temporary bill to avoid a shut down, market he takes the lead on this issue too, the deadline is october 1st. neil: looks like some disruption is inevitable unless they have a miraculous moment here. >> they have to do that with the coalition of some republicans and lots of democrats we keep in mind speaker mccarthy has the debt ceiling deal with more

democratic votes than republicans and that's why he's in trouble with some members of the freedom caucus. jack: republicans are nervous the party look too zealous going forward on this. kevin mccarthy tried to draw that distinction, and inquiry is not an outright impeachment come he's threading the needle carefully but what is your take? >> i asked darrell iser from california about this, was this a rhetorical sleight-of-hand? the impeachment inquiry doesn't say impeachment. it's about the math. with they have the votes to impeach? it would give them the opportunity to start this investigation. a lot more latitude. neil: thank you very much. the former td ameritrade ceo. the prospect of a government shutdown always comes up and we

avoid something heinous but ratings agencies have watched this and downgraded us. >> i don't have worries because this comes up every time we have a crisis. every time congress swears they will not let us default and we won't have a problem. neil: will they ever bump into a default? >> don't think in our lifetime or not the for -- foreseeable future the next decade or so. is cool that our country maintains quality and the fact that everybody can count on us. neil: ratings agencies don't seem to mind. >> they did a crappy job in 2,008 when we gave them mortgages and everything is aaa. i'm not condemning the rating agency. i appreciate that. at the end of the day it comes up all the time, to make sure we don't screw up.

julie: like these markets, august has been a bumpy month, september technically is a bumpier month historically. >> you paint a pretty good argument for a markup but there are more reasons to be cautious and if we look at china from diplomatic or military perspective or political perspective but right now china's economy is strong, they have a problem with unemployment and if there economy is struggling, that will have an impact on exports. neil: as much as we have problems with china and need them to function as the second the greatest economic power on the planet. >> that the problem. >> there's a reason they cut rates. neil: savings rates take money out of that. >> that's what i think.

you look at the bigger picture besides china, the economy in europe not doing very well. you look at corporate earnings, they tend to beat all times but 4.5%, the yield curve is still inverted. i know what that is supposed to mean but hard to make that connection. at the end of the day the biggest issue we talked about before, the geopolitical situation, we are more divided than i've seen in my lifetime so the combination of those two and other issues, i would air on the side of caution. neil: let me ask about housing, to borrow, along comes

theillow, i remember when we overdid that. are we overdoing it? are we going to fall into something else? >> there's potential that could happen. prices going up, difficult for our younger couple or the younger generation but everything is a cycle. one thing people might think about a little more, you don't necessarily have to purchase right now, no reason you can't rent. you have to live around here because you work here and there are times you have to live near or in a major metropolitan area but you don't have to live in an area like new york. omaha is more reasonably priced. and you can get more for your money and with yields in the front of the treasury keeled, what would have been a down payment there, year two or

three the cycle comes back. adam: down payment is the biggest impediment to young people. >> they will jump at that. neil: and they purchase more than they can afford. >> that has happened in the past and will happen again but because they got burned in the past they will do a better job and due diligence making sure they will be able to pay back. neil: you don't see housing crisis coming. you can say i don't see housing crisis. >> we go along as we had. it fades. we will see where we are year or two from now. the markets we talked about a couple minutes ago. neil: i know what i said. that is enough out of you.

the ameritrade ceo, you are staying on the bench but look at the bright side, you have the cleanest student forum on the table. we right now are rallying 230 points. if you're panicking about this hurricane coming to the florida gulf coast they are not showing it. there's not been a disruption refinery activity in that neck of the woods and there's a lot of it in that neck of the woods. everyone is hoping floridians and those in the area will heed the governor's warning and get out of town if and when they can, the sooner the better. this is excited to hit land tomorrow possibly as high as a category 3 storm. we will speak to the mayor of st. petersburg, florida after this. ♪ more shopping? you should watch your spending honey.

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neil: keeping track of idalia, sending and lovely and that region she is supposed to hit sometime tomorrow probably as a category 3 storm. the mayor of st. petersburg, florida, what a beautiful place. good to have you. >> good to be with you. let me agree with your previous host -- guest, joe, your jacket is sublime. i was going to make a comment. neil: just trying to compete with you. you have a place in florida, you live in florida, you are kind of used to this drill but sometimes you hear people say going to ride this one out. i think i can do okay, what do you tell folks? >> what i tell folks who make

that argument is look a hundred miles south of us in fort myers and see what they went through last year, the storm that was not supposed to hit them and at the last minute made the eastward turn and they will be rebuilding for a decade. folks who have been here long enough know the power of the storms, not like a wild fire or earthquake, we have time to plan, prepare and move out of harm's way. that's what we ask folks to do if you're any storm surge area. neil: for a lot of people who used to drive a couple hundred miles to get out of harm's way, to hear the governor and your colleagues or your self included, not that far this go around. where are people going get who do leave? >> we are asking folks if you're in zone a or even zone

b, move to a higher level zone, could be 5 or 10 miles away. doesn't have to be another county. run from the water, hide from the wind. it's educating folks what your evacuation zone is. know where you are and that you can move a short distance away to higher safer ground. this is one of those times. we talked last year when ian was headed our way, we were with the governor yesterday at a meeting with pinellas county commissioners and state legislators, urging everybody to heed the warnings, the state's pre-positioning personnel and materials, the county and cities, 1/3 of our city staff who have been working, it is a battle

cadence, we've got the knowledge, but in the next 12 to 14 hours, and 12 hours after that we have significant storm surge affecting area. neil: so glad you made that distinction. after the storm passes, surge comes in, quite right. i remember last year we had an opportunity to chat, this notion that it doesn't take much, storm can move in this case likely east and bring more harm, or slightly west. the governor was hinting they see modest movement to that degree. what's the latest? >> pretty much on the same track. these wobbles left and right don't mean a whole lot. the latest example, 12 hours afterwards we see significant storm surge. st.

peter and panelist county, in the peninsula of florida, storm surge 4 to 7 feet. what no matter what the cone looks like now, we need to be prepared for the worst case and pray we are spared once again. neil: i am sure you are a very calm force in the middle of all this and earn your pay. ken welch, thank you very much. we will keep an eye on that. moving toward the gulf coast of florida that would include the mayor's area, could enter as a category 3 storm, winds in excess of 150 miles an hour. hard to pin down, they are telling folks if in doubt just get out. more after this.

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neil: looking at the elected officials who have to deal with this hurricane and get the message to democrats and republicans who have experienced hurricanes before, it's a big test of their leadership, interesting way to get into managers handbook bias special steps to build a team, make better decisions and crush your competition. this particular 48-hour period, i'm curious, great book, some very simple pieces of advice but the approach the governor is taking in florida, republican and democrat, democratic mayors, to be on the same page, to deal with this

issue, that is your mantra. >> spent three years researching why some people are so much better than others, high school principals as well as ceos and there are these five areas some of them shared. there were no exceptions. in the context of a hurricane, people running communities, if you think about if there was ever a time for a mayor to run efficiently it is now because the clock is ticking. as the cone gets closer. or if there was a time a community would say how to measure success, how quickly does electricity get put on? how quickly are the streets available so emergency vehicles can get through? you have key performance indicators, the same skills you need now in florida. neil: my favorite part, you quote some wonderful people

with the famous lines, one of my favorite is ronald reagan, many will remember this one. the greatest leader is not necessarily the one who does the greatest things, he's the one that gets the people who do the greatest things. that incumbent on all these politicians and florida cities and towns to georgia and south carolina, north carolina, got to be on the same page and get them to do great things, easier said than done. >> that's the distinction between leadership and what most people do before leadership, individual performers. when you see people in the political world wanting to be an individual performer you can't get things done. if you want to prepare a community for hurricane, all the work needs to be done for other people, you need to be good at leading and delegating and exceeding expectations. all of that is a shared leadership skill but no mayor, no matter how eloquent they are

or how bright they are no mayor will save their community from a hurricane. it's going to be the front line workers. they need to be leading the front line workers, not doing it themselves. neil: a lot of your book is about getting a simple message across, everything we do has to be simply done, not painstakingly confused. the section you talk about, rules of efficiency, go on and on about it, limit the list of people you're talking to, we don't do that. when it comes to meetings that meander all over the map, that's immune to us but we don't do it. >> that's right. the pressure is increasing. when i first became a ceo the average executive got 1000 communications a year. now it's 30,000 communications a year. what we have done is created

ways to connect on our phone and our laptop which were designed supposedly to make us more efficient. all it has done is made it easier for people to get in the way of us doing our work. the best managers are the ones who can breakthrough that. you don't do it by having the notion that i'm going to be better, pressures are too extreme. so i studied people who were superb at managing those forces and broke it down into steps, and the average person can open the book, i wanted to democratize leadership, don't go to harvard to run a good company -- neil: famous leaders i admire, the first powwow, the essence to our success, to get back to

what you are supposed to be doing. >> and english crew team, in the olympics, they create a winning team and they have one simple slogan. does it make it go faster? does it? neil: end of story. i could talk to you for hours. david dotson, managers handbook, i read a lot of these guides and businesses. none of it sticks. i could have done this, charlie gasparino doesn't need any such guidelines. maybe a couple candidates. what the latest of. charles: i guarantee your millennial gen x staff has no idea.

it sounds like an attack. neil: i echoed that right. charles: what i'm picking up from gop sources, the lines are out for vivek ramaswamy especially after the debate. i didn't think he did as great as people think he did. people keep saying he sounded like an overeager student sometimes. i know the answer. he was compelling and smart and everything. neil: didn't land well. charles: here's what's going to happen. this would happen to any candidate. the proctology examiner. vivek ramaswamy's next debate is a fox business debate in september. he's going to be hit with his business record. got to put this in context. he's an entrepreneur coming the

through wall street, you have hit and misses. he made a lot of money obviously. there were some drugs, he was in the pharmaceutical business that didn't pan out. neil: he was in business where the big boys would not push certain drugs, there could be a second shelf life and all that and some hit and misses. charles: that will come up. the other thing they will pick up, strive was created as an alternative to esg funds. he made a career of attacking black rock, the ceo of black rock. hasn't really hit much of us to ride but what people say at some point is the fee structure is off the charts. he has two fee structures that are higher than average.

neil: will people jump into the weeds and get into it all? the media will and should. charles: i think they will go. they have been through this stuff. they've seen some of it and it will come up in the debate, more and more. neil: always good seeing you. charles: is it forward? government bailout remember. neil: thank you very much, we have the dow up 250 points. it's not just designed to look good... it's built to command attention. it's not just a comfortable interior... it's a quiet refuge.

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neil: as we focus on this storm heading florida's way, some message that we are not shut down, we've been burned, shouldn't be shy about coming here. a business owners is the bottom line is they could use tourists. they can use people to come over, not like the thing is destroyed completely. a lot of beautiful places to go. great having you. is that what you are running into, a lot of people say that

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adam: a business owner from maui, how are things going. >> can you hear me now? lauren: 1 ties people to come to maui and people canceling out thinking there's nothing to see. >> exactly right. we are trying to fight the next communication put out there that maui is open, small portion of maui, in this catastrophic fire but the rest of maui is wide open. 95% of maui, we want to make sure everyone out there knows so we can get our economy back up and bring smiling faces back here. lauren: 20 it is a beautiful neck of the woods.

you do a diving business, the kind of thing tourists love to do. how are things right now? >> very slow. one company had to shut its doors. we are just now recovering from covid. some are struggling really bad. we are doing well but in the first 5 days 85% were canceled until october and that is hard. julie: know what is going on in florida very well right now and a lot of business owners the last couple days, some quite worried about what happens after this hurricane passes by hopefully safely without much damage but if it is a doozy what do you tell them? >> i used to live in florida 12 years out of orlando, do the best they can and as soon as it

passes businesses open right back up that have not been affected, they normally welcome visitors back. what we don't want to do after these natural disasters is keep people coming to that location unless it is dangerous, that gets this economies back up and going, people need support in regards to federal-aid and financial aid but the biggest way to do that, here in maui our economy faces returning visitors. lauren: 20 knock on wood, you have a good reputation of doing business, popular business, i am sure it will be that way again in the same will be applied, thank you, good seeing you. >> thanks for having me. we 20 the dow down 214 points. now what is coming up in their fine our. brian: thank you very much. hello, everyone.