stuart: we asked what is the most-watched key event ever, don't have time to read them out. >> number 5, stuart varney's show on fox business. stuart: thanks. number 2. ashley. ashley: number 2. of the when you are wrong. i was going to go with mash. it was the moon landing. out of time. coast to coast starts now. ♪

>> being in a flood zone you have to leave when they say it is time to go, because it's not worth your life, to 12 hours inconvenience or self. we were lucky. >> we got lucky. next time i will leave and come back. >> pre-obvious things are not right. people walked by yesterday when we got home and said are you okay? do you have water? i don't know yet. everyone is eager to help other people. neil: the cleanup is on in florida, south carolina and georgia, following the storm abstract as idalia is a doozy of a storm. we will update you on that but thousands throughout the southeast are waiting for their power to get back on it in some parts of florida they may be waiting a while. grady trimble has more.

>> reporter: this is where the hurricane made landfall 24 hours ago. people here were worried about the water damage and storm surge, but what it did them in here was the wind. this is right at ground 0 for the storm when it came on shore. this house wiped off the map, the wall has a tv on it. another wall has a mattress leaning up against it. as people come back and start to assess the damage, so much strewn about this neighborhood, which came from other homes. the roof from the home is across the street hitting the neighbor's house and that neighbor's roof, the yellow house there, is bent around this power pole here. it was the wind here that caused major damage. in other parts of the state it

was flooding. the storm surge in part of the state like cedar key was up to waist level, even higher in some places. there have been emergency crews from local counties, the state level and federal level, the coast guard out trying to find anyone who might need help. the governor says nobody was killed in this storm the they that they know of. another concern today with the fema administrator on the ground in florida is how to help people rebuild. insurance companies have either left the state of florida or have considered leaving the state of florida because there is so much damage from these storms, doesn't make business sense to stay. the governor says they are working on getting more companies to come into the state. as you know from speaking with the director of emergency management in florida they say insurance is key, you should

not rely just on fema. >> to set some expectations, this infrastructure grid is completely different from the infrastructure grid in lee county, fort myers and the lee county area. this is an issue where we have miles and miles of rural area that may service one or two residents. we have more than enough people to restring all the lines but it will be a little different. >> you mentioned the power outages. 91.98% of taylor county is without power. it could be days, weeks, even months before power is restored to every single person. adam: homeowners without property insurance, a world of hurt right now. local authorities saying fema

can help but can't bail you out completely. you should have something, anything. there are a number of tiered policies. we will talk to a prominent one in florida about ways to get around this and still find insurance even now. in the meantime want to go to amy freeze and give you a shot of how widespread this storm was and is in north carolina, you get to see how widespread and how big it remains. tell us about that. >> reporter: winds are wild there. think about how incredible the storm is. in 48 hours it went from tropical storm to a category 4 hurricane making landfall slightly weaker, category 3 on the big bend, first time in 125 years we've had that happen. the intensity at landfall mend everything because that is the reason it was able to go over george and part of the carolinas and have significant impacts, it is back out in open waters as a tropical storm.

this never wind down producing almost a foot of rain in some locations from florida to georgia. looking unjust offshore tropical storm status allowing winds to gust up to 30, 35 miles an hour. that starts to diminish offshore. the cohen brings it out, bermuda is back in the cone plus another interesting factor. as idalia makes its way to the open waters of the atlantic we could have a hook on this and within 8 days could bring rain to the northeast. a lot to watch but what an active season, 11 storms already, fox weather is your hurricane headquarters. check us out, download us on the fox weather apps. what a storm that has turned out to be. the forecast was key in saving a lot of lives. neil: you guys were key in saving a lot of lives. thank you, amy freeze, fox

weather meteorologist following this aggressively. in the meantime talking about people who want to rebuild, easier said than done particularly if you don't have insurance and people have little or none. don't expect fema to rescue you. there's only so much a they can do. the ceo and executive director of citizens property insurance, citizens is among the few options of those looking for help, but there is this 30 day moratorium, we have to wait to get approval or fully finalize insurance. >> reporter: we can't cancel policies, to protect the consumer. neil: people who want to sign up right now. >> you can still get a debit a policyholder can a policyholder can get a policy, nothing prohibits a policyholder from getting a new policy. there are protections in place to make sure insurers cannot

drop policies in the period after the storm. neil: a few friends of mine in florida, not in the affected areas, either they didn't have insurance, want to get insurance, you don't get it instantly. >> we are the citizens property insurance, the state created insurer of last resort. seems citizens grow for the last several years, 425,000 policies, to one.7 million now. there's no place you can find in a private market, citizens is here. reforms in the past, we are seeing possible signs, promoting a more healthy and robust market in florida again. neil: do you think that happens? given the storms, insurers get

skittish, rocketing rates, some homeowners in florida are saying i don't know, maybe i will just roll the dice, it's not worth it. >> makes it very difficult. we think it is not a good idea to go bear. if you have a mortgage you probably can't go bear, but if you don't have a mortgage it is risky. we are seeing positive signs. international reinsurers certainly watch the weather but also the legal climate. the legal climate in florida for a long time has been tough for insurers. it has been a very litigation -- people have and sue to get them paid and that shouldn't happen and the courts should be available. we think excess litigation in florida. there are a lot of reforms put into place to help curb that. what we see talking to

reinsurers around the world, they have seen positive movement in florida. we were able, citizens was able, private insurers were able to get reinsurance. that is a sign that there is confidence the market can recover in florida and is recovering. neil: thank you for your hard work to make sure that happens for a lot of people. the ceo and executive director of citizens, that is among the many things on ron desantis's schedule, take a look at the damage in the state and criticism from donald trump, what he's doing with this crisis. the former president saying what a shame for florida going on to say now it has learned governor ron sanctimonious approved a 20% hike in florida electricity rates, the largest in history, taking a $9 million campaign contribution from the money machine, florida power & light and subsidiaries, next is the insurance industry where

this at this gave up the store. i could go on. suffice it to say, dan everhart, big desantis backer, a lot of those comments from the former president, he said them to him, what do you think? >> trump is a headline in search of a problem. what you are seeing in florida is the way governor desantis runs the state and suspended his campaign to focus on the hurricane, the aftermath and make sure people were prepared and the state is helping as many people as possible. the difference in him and donald trump is the fact governor this and this is getting stuff done. he runs the state effectively, is focused on people and their problems, not focused on grievance headlines or poking fun at other candidates be getting stuff done, focused on what he would like to do for the country and i think it's a

great split screen. governor this and getting stuff done, focused on solving people's problems, donald trump is focused on grievance issues and poking fun at other candidates which isn't helpful especially in florida where we are dealing with the hurricane aftermath. neil: you are the canary ceo, we are about to finish the month of august and we have to see a herculean leap from these levels in a positive month it is looking like a good last five days. how do you assess august and where we are going? >> for the overall market in general? neil: yes. >> i am cautiously optimistic that buffett's engineering a soft landing. employment is really strong,

hard to hire good people. everyone that want the job, that is good at what they do, has a job right now. that the strength of the economy inflation numbers, we have a relatively good recipe for success as we head into q 4 and i'm cautiously optimistic the market will trip up a little bit between now and where we exit in 2023. neil: in other words, we have our bumps but end up with a positive year as we are right now. will trade a little higher. you will see q3 earnings trend upward and price to the upside. neil: appreciate it. big backer of ron desantis, the governor. we will explore more of these markets at the holdup, some bumps along the way and another quarter of earnings that could surprise you to the upside.

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lauren: 1 latest data shows mild pickup of activity in july but still relatively stable, 4.2% year-over-year. that the read from larry laser and luke boyd, investment just. larry, to you, this notion, if you 're sitting on the federal reserve, you wait on a september rate hike and you can pause september. what do you think? >> as investors hit september the list the most the year for stock investors, they will hit the road. get the last gasp of summer and behead with higher gas prices and higher food prices and they didn't it because we saw the data support and inflation is sticking around. the wicked witch of inflation is not dead.

the fed has to contend it boxed the fed into a corner. this is the warm-up act ahead of the jobs. for anyone going into the holidays, to know if things are slow, in the labor market, what buffett is going to do about it. wishful thinking that the fed will cut rates, based on stubbornly high prices that are starting to crush the consumer. neil: have you driven that? >> one hundred%. i don't think this bad news is good news last that long. parallels to the 1970s and 80s, different parts of the same problem. i think american debt is the new crude oil shock, oil prices rising, one of the biggest factors to inflation, a big inflation factor but the energy

efficiency becomes better for the past 40 years, you get more bang for our buck's, that answer the american consumer have access to credit cards and debt, 70% of which goes to services. pce inflation for services jump 0.5% in july, that is a 6% annualized inflation rate. not good. personal savings, 4.3 to 4.5. it happened at the atlanta that is predicting gdp growth for the third quarter which i can explain by the 0.5% inflation number annualized at 6%. the question is is this the gdp growth we want, borrowing money to support the economy. is the american economy growing. recent interest rates pull back the consumer that has $5 trillion of debt available to keep swiping credit cards. those are all important questions.

rob: market worry, the been is notwithstanding, the dow hoping to get 5 days in a row, not that bad. for the nasdaq. september, we recognize, distortion in the data, significant strike in hollywood. and unions asking higher wages which keep pressure in the economy. in october we see the warm-up act. barbie mania moved the economy, you haven't seen anything yet. when the taylor swift movie comes out, luke will agree that is going to move the economy. despite consumer that is under pressure, they still go to the taylor swift movie as i know

you will go. that's what i say, something we can agree on is a with optimism out there involved. we 20 the same weekend the exorcist movie comes out. luke, that is sort of -- >> take it off. neil: anecdotal evidence of consumer strength out there. what do you think? >> people spend matter what it feels like, straight impact consumer spending. when they have so much that ability to them. that's compared to when the federal reserve was back in the 80s when we sorry inflation happening because of oil we are talking about and it is all about the consumer spending. september might be rocky 2-year end, in part of the economy, this huge optimism this soft landing, we haven't hit the

pavement yet. 2024 will be rocky when earnings are projected to be 12% next year, 12% earnings growth, that seems pretty high talked about what was pretty high. the bar is very high, my trip over the hurdle. neil: in the meantime, migrant prices alive and well. at american, led by new york. after this. i'm so glad we did this. i'm so glad we did this. i'm so glad we did this. i'm so glad we did this. i'm so... ...glad we did this. [kid plays drums] life is for living. let's partner for all of it. i'm so glad we did this. edward jones

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the crime part, migrant right, all the restaurants, you had that and pulled it back. in all restaurants are doing that. wish they would. what do you make of it? >> it is a combination of the

crime, mostly now in my neighborhood, they introduced 500 new people into the neighborhood. neil: a big restaurant owner saying it is out of control and better than 500 migrants he was dealing with around his neck of the woods translates into thousands threatening everyday life, eric adams looking to the president for help, governor hochul in new york also asking the president in person for that help. it is still a mess. a long way from getting it resolved. >> reporter: i would say that up and embattled new york city mayor eric adams called out today. new york governor kathy hoagland president biden imploring them to do more about helping the city with its

migrant crisis. >> we need the national government to stand up. this is not a new york city issue. this is a national issue and it must be resolved. don't critique what we have done. don't tell us how we could have done it better, don't sit in the bleachers and be a spectator. >> mayor adams holding a rally calling on the biden administration to expedite work permits for migrants. the city says the faster they get migrants working legally the quicker 60,000 migrants in the shelter system can get out. governor hochul met security secretary alejandra mayorkas in president biden's chief of staff at the white house yesterday demanding expedited work permits through executive action. the white house promised to identify, text, and email migrants who are eligible for those permits.

the blame game among democrats continues. mayor adams wants governor hochul to for suburban communities to shelter migrants. hochul has criticized adams's slow response to the crisis. both hochul and adams blame alejandra mayorkas for not stopping the flow of migrants at the border. the white house says it is congress's problem. new york congresswoman alexandria ocasio cortez telling the new york times, quote, immigration is obviously the administration's weakest issue. critics say expediting work permits could incentivize more migrants to come to a city that is seen 10,000 migrants on average per month at a cost of $12 million over the next three years. they are worried about cutting city services to all taxpayers. neil: that would incentivize more to come. charlie gasparino is here on this. you were just mentioning this is a problem.

charles: the business community is involved in this. new york's partnership, lobbying for new york city by all businesses in new york city. it represents all major banks, kathy wilde is the president. i asked her about this. there is a migrant center in midtown manhattan across the street from jpmorgan headquarters. i asked her about this she said some of these people have college degrees and might get jobs in banking. i couldn't believe it. at least that's what the city is telling her. he is getting that from mayor adams. the other thing is businesses around the block from the roosevelt hotel where the mass of migrant shelter is, crazy stuff when people are outside. this is in the middle of midtown manhattan. some prime time real estate.

migrants running around the, kids. neil: when you are in the neighborhood, you don't face your self, do they just say that? charles: went up with my camera to take a couple pictures and the there were three guys, x new york city cops or x military guys and security who basically told me to get out of here. neil: do that anyway you want. charles: i have my fox id and showed him, don't care about that, had a fox business shirt. get your you know what out of here and i said, look at him. it is my sense of fashion, arterial flayer. neil: told you get the heck out.

charles: it was get the out and in my face. i said you are can' t the camera, dolly and you on the sidewalk? who do you work for? he wouldn't tell me but these were not migrants so i called up the city. what i don't understand is hiding from this place. charles: in full view. charles: the city, hhs, health and human services, health and hospitals corporation is running this as a city agency are used to cover, they say these guys, they said they investigate who these guys are. the question for mayor adams is what have you got to hide, how many people and what is going on in their, it's a mess and --

charles: when did these guys see you? it is gasparino. charles: i don't know if they knew me. i'm not neil cavuto. neil: around me. charles: it in the middle of midtown manhattan. shopping district, the scene out there is really sad. to get a few bucks. it is really a desperate thing down the block. they are not solving the problem. charles: didn't get to address this story but you were mentioning that this would be good. i want to talk a later, some interesting skinny under this but right here right now. right outside our door. thank you very much.

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when i finally could hear for the first time, i started crying. i could hear everything. call 1-800-miracle and schedule your free hearing evaluation today. >> welcome back to cavuto coast-to-coast. there' s growing scrutiny over politicians serving into the 80s and 90s. mitch mcconnell froze up yesterday, the northern kentucky chamber of commerce took questions from reporters after that event. and a reporter asked if he would run for reelection. just before august recess mcconnell froze before reporters, then he went absent from the senate for several weeks. president biden, born the same

year as mcconnell and subject to republican attacks over his age and competency said he was reach out to the minority leader. >> president biden: we had disagreements politically but he is a good friend. i'm going to try to get in touch with him this afternoon. i don't know enough to know. >> reporter: mcconnell spokesperson said he feels fine, the leader will be consulting a physician prior to his next event. congressman jim banks running for senate in indiana. he tweeted out this photo last night saying, quote, enjoyed a wide-ranging discussion with leader mcconnell about the future of our country. i look forward to working with him on issues confronting our border states. bank's house colleague, tweeting severe aging health issues and/or mental health incompetence in our nation's leaders must be addressed. she then says mcconnell, biden, and others are unfit for office. spokesperson for the republican minority whip john boone said he spoke to mcconnell last

evening and says the minority leader sounded like his usual self. neil: thank you for that. let's go to jared moscowitz, younger congressman, fit as a fiddle, you asked about this, assessing the president's office and republicans concerned about the fitness of mitch mcconnell and whether he's up to the job. what do you think of this back-and-forth on age. >> thanks. this has been an age old question we had in the past. certain senators served, strom thurmond being one example of how far back this question goes. that's a good debate, goes into the question of should we have term limits, age limits, members that filed bills to do that, none of those bills are moving.

that being said there's a lot of experience with these folks, a lot of experience, knowledge, they know how the process works which is important for progress. don't want to lose people that really know how to get things done in the house and senate. i can tell you security matters to try to get things done in chambers. neil: it depends how senior you are to your point. if i could year to an issue for young and old alike, a couple weeks keeping government lights on and the government functioning, a great divide about another spending measure to do just that. very few weeks to get it under control before potentially shutting down. are you worried? >> i am worried. the debt limit discussions, i am for spending less but shutting the government down is irresponsible.

using that as a threat to try to get what you want is also responsible. my call in the freedom caucus have been using that as a way to control spending. shut the government down and spent no money, for someone like me, former director of emergency management, shutting the government down means cities, towns, counties won't get reimbursement money they need because fema's drf is running dry, disaster recovery which myself and senator rubio have bills to do that. shutting the government down, hurting veterans, hurting seniors with social security, people who depend on the government to survive, that is not a lever that should be used in negotiations that it is a fair question to ask how much the government should spend and as the american people tighten their spending belts, so should government. neil: a lot of people in your state, very popular state, in

the palm beach county area. >> north broward, south palm beach. neil: a lot of folks are saying because property insurance policies have gotten so pricey they don't want to roll the dice and say i don't need it, it is cheaper, even if my home is badly damaged, to fix it on my own because i am paying that in a few years worth of policy premiums. what do you tell them? >> the home insurance market has problems in florida. let's talk about that. let's talk about hurricane michael, category 5 storm, hurricane ian, category 4 storm, hurricane idalia, category 4 storm in four years all those events have hit the state of florida. it is no doubt the algorithms are blinking red but florida has always been exposed to hurricanes but now these storms are much stronger, getting into the gulf of mexico which is a

hot tub and experience rapid intensification. tallahassee ignored this problem for a long time but i think this problem is bigger now than wednesday. it will come to alabama, mississippi, louisiana, texas, california, it will come to where we have tornado alley. this is something we will have to address as a country, federal government doesn't have all the answers. they need to make sure the insurance market doesn't become a problem for americans. neil: the run-up is a nationwide phenomenon. very good seeing you. all right. the latest, the folks in the next hour to do the honors. brian: call it crime and non-punishment. theft is the new normal. we will talk to ceo john cashman tds. the government can't help going after elon musk once again. that the top of the hour but first more coast-to-coast after this.

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here. i'm coming out i like your hiatus to raise bill. if you polka cameo with yours truly 1% of my proceeds those striking for better wages orsak and the writers guild. neil: video sharing website for celebrities, to look after right in backwards -- and backwards are like. good to have you. what is the response to this? >> 2500 have joined him, and

increase from where we have been. so many big names like the president of sag, janet jackson, coming onto the platform, this has been a godsend to many actors who were out of work with the strikes. neil: can this look like us to gab -- scab type activity? >> one thing we did with sag was signed a partnership where calendar earnings on cameo are qualified earnings for their sag pension and benefits. that's part of the cameo or business. this is one of the few things people can do.

neil: do studios get angry about this? >> we haven't heard anything from the studios. we work closely with studios on other parts of the business, represent.com, one of the largest liberty companies, we do a lot of ip work with them to bring animated characters to life. we try to beat switzerland. 's. during the strike, cameos demonstrated a public utility for hollywood. we are there and we continue to connect to. neil: you threaded this needle. i am curious your take on the strike itself. studios make proposals to writers and actors. don't know if they have responded to that.

>> that's what i am hearing as well. we would love the strike to be over. in the long-term, less shows getting made, less scripts getting purchased, less new stars getting created. our pipeline is hampered by this. in the short term, i was just out in la two weeks ago, both sides are digging in. we anticipate this could continue to go on for the rest of the year. most people think hollywood will really reopen early 24. we are out there to help the 86% of sag actors who didn't qualify for pension benefits which only requires them to make 2600, $26,500 a year. there's a big gap, that's part

of the reason sag did this deal, giving them brand deals when other sources of income are doing branded ip or public appearances. neil: we associate anyone in hollywood with a zillion dollars. would love to get you back and get an update on this. thank you. neil: we are paying attention to apple, getting word that one of its phones to be debuted september 12th. it could carry a sticker north of $1500. after this.

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policy! find out if you're sitting on a goldmine. call coventry direct today at the number on your screen, or visit coventrydirect.com. neil: they sneak these tidbits out, apple stock up today, worse than the nasdaq, down 3% or so after it was down 6% this month. we are getting news out of the september 12th announcement about the iphone 15, it might not be in short supply after all. the bad news might be the price of the top end model. it could start at $1500. you could touch $2,000,

depending on what you get and how soon you want to get it. i want to go to luke lloyd. you can easily afford this. others might have to wait. what do you think of that? >> there are suckers like me that drop every single year. suckers like me drop my phone every single year and i have to purchase a $2000 phone. i don't have an iphone here. i have a samsung the. apple is run by a lot of financial engineers. the company has $60 billion of cash and uses it to buy back stock. it is a stock we own because it is a profitable king. they talk about 3d printing i watch is. it is more telling than the economy and cost of labor compared to apple trying to innovate. 3d print apple watches tell me a push toward manufacturing automation is real and causes labor rising which is why we

own stocks. the stock has been on fire the last couple months. stocks are reinventing themselves growing in strong secular markets that we think are more defensive in nature, looking to take profits off of names like apple and redeployed somewhere else. then it pitched up match group, online dating sites. they are growing with 800 million single people looking for someone online. the stock is down 70% from the highs. the recession happens. people are looking for love. we are rotating profit on bigger tech names that are not growing into firms that are growing. neil: i'm not spending too much for my next phone. luke lloyd, someone who could easily afford that. brian is a big-money guy. brian: you don't know me at all. that is a security breach.

when you say