type songs. someone's got plans. >> i'm very sorry. [laughter] pete: so much to unpack. thank you so much for being here. >> thank you for having me. rick: you guys were great. rachel: come back anytime. anytime. [laughter] ♪ neil: fox on top of the rush before the vote. just over a month away from the midterms, and prices are climbing again. crime is still rising again. and the board or crisis still surging -- border crisis still surging. and now an armageddon warning. what could possibly go wrong? we'll talk to karl rove on what new policy are revealing and democratic big wig don peebles on what the markets are saying and why the president should be listening. welcome, everybody, i'm neil

cavuto. glad to have you on a busy weekend. let's go first right now to lucas tomlinson traveling with the president in delaware where the president's spending the weekend. what's the latest there? >> reporter: good morning from a breezy wilmington, delaware, neil. many pundits believe this is not a good week for the biden administration, mainly because of to peck if +announced cuts to oil production which is sending gas prices higher. first, let's look at the job numbers are released yesterday. about 23,000 jobs were added, but while unemployment rate dropped to 3.5%, neil, economists say that's due to a decrease in labor force participation. the news sending markets down, the dow dropping 2.3%, losing 600 points. president biden spoke yesterday in heavierstown, maryland -- haverstown, maryland. >> our economy created 263,000 jobs last month. that's 10 million jobs since i've come into office.

that's the fastest job growth at any point of any president in all of american history. historic progress. >> reporter: neil, many economists are not celebrating. across the country businesses are cutting jobs. typically this time of year they're adding jobs ahead of the holiday season. the auto sector has announced about 29,000 job cuts this year, up 194% from last year. health care nearly 24,000 cuts, up 26%. technology up 86%. retail up 11%. services, that's the lone bright spot, cuts are down 29%. and this week you mentioned, neil, the fbi release its long-awaited crime stats, the news was not good. murders up over 4% on top of last year's historic 30% rise, the highest in recorded history. there were an estimated 22,000 people murdered in 2021. let that sink in. and gas prices creeping up, not good news for the administration. many democrats running in these

midterm elections. saudi arabia's top diplomat offered this explanation last night on "special report" about the rising gas prices. >> the reason you have high prices in the united states is because you have a refining shortage that has been in existence for more than 20 the years. you haven't built refineries in decades. >> reporter: and this week the next consumer price index which measures inflation will be released on thursday. it'll be the last numbers released ahead of the midterm elections. right now inflation's running at a near 40-year high, and the strategic petroleum verves are at about a 40-year low right now. neil: you know, lucas, it was interesting to hear the minister talk about our not building refineries in a number of years, and he's quite right about that, but it's only in the last year and a half that we've experienced this pain here. it is very clear that our cutting back on production has produced this. >> reporter: that's right, neil. remember, when president biden took office the price of a

gallon of regular unleaded gasoline was about $2.39. today it's much higher, about 60% higher. so while the biden administration is blaming the war many ukraine and certainly these opec+ cuts to oil production, it's clear that gas prices have been rising from the beginning. neil: thank you, lucas, very, very much. i did catch that interview that lucas was kind enough to, you know, relay from the saudi minister. we're running at about 94.5% capacity right now, and, of course, you always want to run more in this environment. but the fact of the matter is we have also cut off available lands for permits and leases. and of the leases and permits that we have, fully a quarter of them are being challenged by environmental groups, and that can monkey up things in that process for years. to say nothing of restrictions the administration and others have pushed on the industry to eventually signal that they want to go away from fossil fuels in the next few years. so if you're an industry giant and this is a multibillion dollar investment and you know

that the intention is to close out your entire energy commitment, would you commit that dough? that is really the 64, i guess, gazillion dollar question. let's go to karl rove on this. because this issue of now suddenly rising energy prices, for example, we were up in oil, as you know, karl, 14.6% just last week, gas prices now 15 days running after 99 days declining. it's a mess. what do you think? >> well, you left out one piece of the puzzle, neil, and let me talk to you about it, refining. small refiners are obligated to get air emission credits, and the policy of the government set you should law is that if they -- under law is that if they can't get credits in a marketplace, if there are no credits available, they get granted an exemption by the federal government. well, the federal government has, under this administration, has announced that it will never give these small refiners an exemption even if there is nothing in the marketplace that they can buy. and mission, they're going to gg

to go back the last four years, revoke the exemptions they granted them and tell them to pay up. i've talked to a couple of these small are refiners, it's going to put small refiners around the country out of business, and it's going to drive up the prices for gasoline localized, and it's going to start happening now because the federal government has said,s pay up. we're going to go back reretroactively for the last four years and withdraw the exception that we granted you, and now here's your bill. pay it. neil: i think it's lost on a lot of people who are looking at the oil industry as the culprit. the administration has led that. i didn't want to go on a tan gent on this, cferl, but a i did want to remind people the oil industry likes to make money hand over fist if they can. >> yeah. neil: it is in their selfish interest, that's capitalism. when you are putting a shelf life or limit or setting a goal in the next few years you want to cut back on fossil fuels, if not eliminate them. some states like california and

new york go all electric vehicles in the next 12-13 years, you are telling that industry you can go ahead and expand all you want, but you're investing in no future. so what, what ceo worth his or her salt would want to risk that? >> yeah. well, you have to take a look at the investment, the amount of the investment, how long would it take to recoup it, what's the shelf life are, what's the, you know, the plant, the refinery that they're building or the exploration they're undertaking, how long is it going to take, how long can that last? how long will that field, for example, produce? you're right. it's an economic decision that may not make sense and will, therefore, not make sense for the american economy. and it's precipitous -- allowing this to happen organicallyies this is some bright brain in washington saying we're going to do this by this i'm and, therefore, i'm going to take this action. and life doesn't work out that way. neil: we know how life is working out in this new environment many europe where,

you know, countries that have been leading on climate change are now reverting to coal, to nuclear, to anything just to get over this serious energy hump. we've not followed up, but that's a separate argument. i do want to get to how this is all sort of baking into the midterm elections, karl. and at this point inflation is a top concern. these are big worries for democrats. we're seeing some distancing themself from the president on this approach and what have you, but i'd like to get your sense of where it puts the senate battles. where do you see that? >> well, the senate is a difficult picture for the republicans because there are 21 republicans up and only 14 democrats. none of the democrats are up in states donald trump won, and two of the republican seats are up many wisconsin and pennsylvania, open seat in pennsylvania, senator ron johnson, incumbent in wisconsin. those seats are in states that joe biden won, albeit by a very small margin. the republicans are likely, i think they have a good chance of

holding all, won't of those seats -- both of those seats and holding three over seats up for grabs in republican states. but to take the majority, republicans have to win in a state that joe biden won in, which means they've got to take invest or georgia or arizona -- nevada, georgia, arizona, colorado, new hampshire or washington state. and t the tough to win in that kind of territory. but they are winning. in nevada adam laxalt, six polls in september, and he's led in every one. the race in georgia is a tight race. we'll see how the others develop. but i think the republicans have a good chance of taking the senate, albeit by a narrow margin, 51-49, and it may take the until december in order to do that because in georgia you have to get 50% of the vote. there are three candidates on the ballot, and if nobody gets 50%, there's a runoff on december 6th. neil: heart. there's a libertarian in the georgia race --

>> his name is neil cavuto. [laughter] neil: you mentioned it, real quickly, the herschel walker fallout on the abortion, not abortion thing. i'm just wondering, polls don't include this period exclusively, but part of them do. any fallout? >> i think there will be. the question is how much and, you know, he has an enormous reservoir of goodwill in the state, and it's going to be a real test of that reservoir to see how much fallout there is on this. you know, we're at the point where a lot of voters have made up their minds, and the mum of people who have not -- number of people who have not is relatively small, but we'll see. neil: thank you, karl, very much. karl rove, best selling author, fox contributor. let's go to don peebles right now. don is a big wig in the democratic party, very influential player, very, very tight with barack obama, but he's been a little frustrated with democrats, what's been happening since. don, always good to see you. you know, you were the guy they

would go to to raise money and to finance good messages. you're a little dishearten. ed by some of the messages. could you explain? >> yeah. i think the parent party has shifted very much to the left. the left wing of the party is hijacking the party, and it's setting the agenda. and, frankly, democrats need to be focusing on some of these core issues as the polling is showing. i mean, crime is a major issue in mainly democratic cities. and that has to be addressed by the party. economic opportunity, expanding economic opportunity has to be on the table. managing our government more effectively so we can reduce taxes has to be on the table. and this nonsense about shifting to electric cars, for example, when we all know that the carbon footprint of a tesla is greater than one of an escalade that's a combustion engine vehicle. some of these policies, many of them, make no sense. and i think that's where the

democratic party is in danger. and i think we're going to have some surprises in november because of that, because there's a quiet majority of voters who care about these issues and are going to react to them at the polls. neil: you know, don, the president always likes to talk about the job gains, and that is a very different thing to fall back on and a constructive thing to fall back on that jimmy carter didn't have when we had the last stagflation crisis. and each though the number of job gains are coming down a little bit and more companies are announcing layoffs and the like, it's still, you know, pretty solid. but i think when he brags about it, talks about it, a lot of people shopping and doing all the rest, they're scratching their heads and saying, well, it's not that great for me, mr. president. i'm just wondering how he balances the message right now that for a lot of americans, it's falling on deaf ears. >> well, the reality is the president came into office during the end of a global pandemic whether where there was historic job loss. and as a result of that, now we're like a yo-yo, and the jobs

are coming back. but not as many as before. and we're at a point now where we're looking down the barrel of a major slowdown. i think we're going to go into a recession, and i think that these job gains are short term, and the government continues to pay people not to work. that is a major issue that's affecting our economy across the board with supply chains, production and housing and other aspects of our economy that so many americans are being paid by our government not to work. neil: all right. it's crazy. we still have a month to go. don peebles, always good catching up with you, my friend. in the meantime, the surge at the border, a a very kind of mixed view, maybe a double standard issue on when it's a big issue. huge issue when it's governor abbott sending folks from texas, very different when it's the president of the united states. we'll explain and explore after this. ge?

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>> it was very alarming, to say the least. you know, it was one of the largest planes that has ever come into orange county airport, and we're not accustomedded to that. it really set off a panic. new york state might be a sanctuary city -- state, rather, but we're not a sanctuary village, nor do we support that, and the town doesn't either. it really put up a lot of panic in the local community. neil: that was the mayor and right next to him the police chief of upstate new york town, month goldly, new york. -- montgomery. they had no warning that planeloads of migrants from texas were coming. that is part of a continuing pattern led by the president working through i.c.e. you don't hear much protest about these sort of, you know, transfers. you do, obviously, when it's governor abbott and buses make their way to sanctuary cities like new york city, washington, d.c., chicago, philadelphia or

when the governor of florida sends a plane to another sanctuary varian -- area, martha's vineyard. not a peep about. that's what stands rout right now because the president working through i.c.e. has e done this many more times and carried ten times more migrants and illegal migrants at that. doug baker join us, former special assistant for border security under president george w. bush. doug, good to have you back. >> thanks, neil. neil: there's a double standard there. now, i don't care where people stand on this issue, they're free to have their own point of view. all i'm interested in is consistency, and that's very inconsistent. bad if governor abbott is doing it, fine if it's president biden. crickets if it's president biden. what do you think? >> well, neil, thank you, again, for having me. and, you know, the biggest, the biggest problem is not who is shipping the migrants from texas

to new york or martha's vineyard or wherever they come from or wherever they end up, the biggest problem is the system is broken. it's been decades since congress has rewritten immigration law. you know, the bush administration, we tried in both 2006 and 2007 to get comprehensive immigration reform completed. in 2006 we couldn't get it through because of some republican senators' intransigence, and in 2007 it was then-senate obama who helped scuttle that effort. and so congress, whether it's, you know, in the lame duck session this year or next year when you'll probably have a divided congress, they need to take this on. and president biden needs to, you know, take his bipartisan

hat and hold congress' feet to the fire and try to get something done. neil: but do you think something happened week, maybe it was mayor eric adams calling a state of emergency in new york and a $1 billion expense to fix what he says is a mess perpetrated by the governor of texas but also taking a shot at the administration that this is a crisis? the first prominent democrat to say it is a crisis. what did you make of that? >> well, for many years the divide on immigration in the republican party was fairly earth. and what you're seeing -- evident. and what you're seeing now is the divide in the democratic party asserting itself. and, again, it's just pointing to take leadership -- going to take leadership from the administration, it's going to take leadership in the next congress to fix the glaring problems. you know, we have in the united states, you know, our job market

is a magnet to draw prospective workers coming across the border, some through illegal channels, some through legal channels. the other draw, magnet is the asylum system. the asylum system is also broken. you know, somebody can sit here for five years waiting for their case to make it through the system. and so any reform has to look at adding new technologies, more infrastructure and more personnel on border security, but at the same time you need to fix the other immigration-related laws that are causing this backlog and problem. neil: right. there are solutions out there, to your point, doug. both sides have to get together and find them. working on them. very good seeing you, doug, and i very much appreciate your taking the time. when we come back, the crime issue that's out of control. so many of you have noticed, you know, bits and pieces of gianno

caldwell's visit to washington, d.c., and to a man or a woman, you let me know the same thing. i need to see that spire piece -- entire piece when gianno was down there. well, we hear you and you will. and here's an extra benefit, you're going to hear from gianno himself after it, after this. >> just want to talk about the crime crisis. you're a leader. i would think you would have a reaction to what's going on in the country. in my ozempic® tri-zone, i lowered my a1c, cv risk, and lost some weight. announcer: ozempic® provides powerful a1c reduction. in studies, the majority of people reached an a1c under 7 and maintained it. ozempic® lowers the risk of major cardiovascular events such as stroke, heart attack, or death in adults also with known heart disease. and you may lose weight. adults lost up to 14 pounds. ozempic® isn't for people with type 1 diabetes.

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neil: so many crimes, so little time. the the stabbing that got the nation's attention recently in new york, the victim has since died, and the other guy's on the lam, they're still trying to find him right now, but it's the latest incident. sadly, it won't be the last. it plays out across the country,

and despite what you've heard and scene and -- seen and read that this is somehow a fox news fixation, the fact of the matter is the statistics bear out what i say. it is a mess and getting more up control write so. gianno caldwell, of course, will be addressing that. ing so many of you have asked since you've seen clips or parts or heard about gianno going down to washington, d.c. to get to the bottom of it and find out what democrats and republicans are going to do about it. well, we decided, you know what? it's only fare to play that entire -- fair to play that entire piece and what gianno had to endure. keep in mind what he was encountering where people who know him quite well, who know the tragedy about his brother, christian, being killed in chicago through no fault, by the way, of christian. just one of many so-called nameless acts of violence that touchessed home. -- touched home. you would think that might get a slightly different reaction in washington. so i hate to give this away, but you'll be disappointed.

♪ >> i just want to talk about the crime crisis. you're a leader. i would hi you would have a reaction to what's going on in the cub. no reaction? i'm here in the nation's capital talking to members of congress on both sides of the aisle about the crime crisis in america and who do they plan to do about it. on the first day, if republicans are victorious in november and you become the speaker of the house, what will the commitment to america do for crime on day one? >> well, on the first day you're going to see that no longer will the voice of washington be the democrats saying defund the police. >> our commitment to america is oured road map for an economy that's strong, a nation that's safe, a government that's accountable. >> what we will do, we'll put a score to every single prosecutor from portland to philadelphia. they get federal money. we'll actually sit there and have the debate, do they deserve the federal money if they're not

upholding the law? >> a lot of crime is perpetrated, a majority of it is black on black. what do you think we can do about that as a community? >> the most important thing is how do we deal with this long term. we have to get our kids -- black young men who cannot read and write, they're going to be driven by motion. they're going to be years later, like we are now, crime is the only way out. they see nothing wrong with it. >> i think it's a misconception. everybody thinks it's just happening in the urban areas. it's happening everywhere. just a week or so ago i had a friend of mine beat up and robbed in a parking lot in broad daylight can. >> we've spoken to republicans, now we're going to talk to some democrats. hopefully. >> let me state clearly and unequivocally that black lives matter. >> we just want to talk about the crisis of what has been happening in our country about crime. [inaudible conversations] >> maybe. --

[inaudible] >> tomorrow? does that work? who should we reach out to in your office, congressman? we just want to talk about the crime crisis in america. >> the ease with which people acquire guns is still a big thing. >> crime is not out of control in our cities. >> is mayor lori lightfoot doing a good job? >> i think she's doing a good job, and i think she'll be reelected as mayor of the city of chicago. >> that's frightening to me -- [laughter] kim fox, you think she's also doing a good job? >> oh, up equivocally and without a doubt. >> violence is bad, reprehensible and should be condemned, but it is not the -- >> any reaction to the crime crisis in america? crime is up, you're a leader. i would think you would have a reaction on what's going on in the country. >> yes, i support the defund

movement. >> any reaction to the rise in violent crime across the country which is impacting students? >> well, i mean, our work on student debt cancellation is a direct response to what i would consider to be policy violence. >> you mentioned policy violence, i just wanted to follow up on that. yeah, i know the policy on violence. i just wanted to know do you feel that the police should still be defunded? >> we need to completely dismantle the minneapolis police department. [cheers and applause] >> any reaction to rising crime in america? >> [inaudible] >> you supported the defund the police movement, and it led to a rise in crime. do you have any reaction? any action? no reaction? it impacts your citizens. ♪ neil: aye watched that a couple of times. the scwerly nadler part is my favorite, but that's just me because he's scrambling in the elevator: what really hits you

quite seriously, and jay january know called caldwell kind enough to joining us, he'll be hosting the big show tonight and tomorrow, what hit me, gianno, they know who you are quite well. they know about your brother, they know about this mission you're on. you've got to stop this. and they treated you like crap. >> to your point, many members walked up to me and said, hey, i'm sorry about your brother. these weren't the democrat members that i would hope, that they'd recognize me immediately. so knowing what my family has been through on june 24th on the south side of chicago when my brother christian was murdered, and since then i've been out for justice for other families including my own knowing what these folks are going through. and hearing people like kathy hochul, the governor of new york, saying new york city is more safe than it's ever been, or lori light foot, the major of chicago, telling the mcdonald's ceo he needs to do his homework --

neil: all that guy needed to do was look out his window. >> that's it. there was a child shot, an infant shot in the backseat of their car in the mcdonald's thrive through. neil: and one congressman saying she'll be reelected. probably will. >> no, i hope and pray that lori lightfoot will not be reelected -- neil: are they just to give outto the -- to oblivious to the crime around them? >> they supported the defund the police movement because they were riding a wave that some black folks and other folks, progressives, they were on. they thought it was a popular narrative at the time, and now you look at the polling, 77% of americans believe that crime is a sincere issue. and it is, neil. people are dying by the dozens, the hundreds, the thousands on a weekly, monthly basis. there's something that has to change. that's why it was so important for me to go to d.c. to have these conversations -- neil: i know. >> -- very expolice sently myself. i'm looking for solutions to the violence whether it be in north carolina or whatever.

so if you're a viewer out there and you know about solutions that have reduced crime, reach out to me on instagram, twitter or facebook,@gianno caldwell. if you know victims of violence that have a story, reach out to me on instagram, twitter and facebook the president gianno if called --@i- gianno caldwell. neil: and do not ignore him because he'll keep at it. >> yes, sir. neil: we'll have more after this.

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neil: all right, the recovery continues in florida nearly a week after hurricane ian, but thousands are still without power, and a lot of people are still trying to get into their homes and check them out. well, they can't. and this could drag on for quite some time, as could the rocketing bill to get the state back in order. can you say years, and can you say possibly $100 billion? nate foy in fort myers with the latest there. hey, nate. >> reporter: good morning. yeah, a lot of work left to be done including still clearing boat from the roadways. here in fort myers, you can see here crews have loaded up this boat on the flat bed of that truck about to take it to the lot on the other side of those power lines. and you see also about an 80-foot boat still here. a lot of work to be done here. rescue crews are still busy at work. take a look, we were embedded with the florida task force, two crews, they're using 30 cadaver

dogs to scour the island. and we were on the phone with one of those workers this morning. he said in the past few days the dogs are focusing a lot more on water areas. so then they're taking boats out to check debris along canals or estuaries, the waterways surrounding fort myers beach and, unfortunately, they're finding more victims. take a listen to how it works. >> if the dog doesn't detect anything, they'll go in and start delayering, removing layers and layers of debris, and go back in again. they have a targeted area, and we'll continue to work until they determine where the to odor is coming from. >> reporter: now, neil, we're also learning remarkable stories of survival on side of the bridge. the fort myers side of the bridge. a store owner shared this video with us with water rising up to his chest. he felt he was going to drown, so he went outside and held on to a pole and, thankfully, survived. take a look at next video. for all survivors in the area, a food truck operator is feeding

people for free. somehow his truck was left unscathed. what he does is collect tips throughout the day, and and at night he buys food with that tip money, comes back out the next day and served people for free, again, collecting tips for the following day. he's received donations not only from people in this area, but all over the country. listen to this. >> a few from miami, people from tampa, people from michigan, virginia, illinois, missouri dropping water off, bringing me gas, bringing us paper towels. i'm getting goose bumps talking about it, that's how generous the whole united states has been. >> reporter: neil, that man tells us he's received some tips on venmo of up to $700. so it's great to see, obviously, it's a really difficult time, but people across the country are lending their support to the people here in southwest florida. we'll send it back to you. neil: nate, it goes without saying that your reporting has been spectacular there from there. i know it has not been easy, and this are rebuilding is not going to be easy either.

thank you very much for your coverage. nate foy in fort myers. same location as brian nagel. he's the general manager of shuckers at the golf shore and the cottage bar. brian, thank you for coming. >> thank you for having me. neil: how are you? how's the restaurant/bar holding up? >> well, i am holding up all right. our actual restaurant itself is completely destroyed. it was one that was 100% destroyed, which is ebbs treatmently sad because -- extremely sad because it's the actually, last year we celebrated our centennial celebration. that structure had been there for 100 years, 101 now, and same owners for the past 50. so just the history that, you know, came along with the restaurant. it was more than just a building, it was an icon, it was a landmark. we did a lot of fundraisers there, and it was a very special place, you know?

a place where the regulars went, and it is heartbreaking. and i know it's just a building and a job, but, you know, sometimes when you get places that are like that, they're more than a place of business. it was a place of memories, you know? many and it's very, very sad to see that gone. there is a picture floating around out there with a tattered american flag that is stabbed into, like, a pile-on. and if you have seen that picture, i can send it to you, that's my restaurant right there. that was a 700-seat restaurant, and it is completely gone. neil: were you insured? >> yeah, it's sad. oh, yes, we are insured, and they have been, they've been very good to us so far. but it's that we can't get back on the island right now. i was able to get over there the day after the hurricane and once more, but then they shut it down

once they realized just how bad it was. and, unfortunately, you do get those unsavory characters out there that are, you know, looting, looking for what they can take. so i do think it was the right idea. each when i was down there the second -- even when i was down there the second time the, you know, looking at the destruction, i would see a few police officers down the end of one of the streets, and then you see an ambulance come with its lights on, no sirens. so you know that they're going to be pulling bodies out of homes. and that point, i was there with my builts director, we just -- the facilities director. we just didn't feel comfortable being there. we felt like we were in the way, so we just wanted to give the first responders their space at that point. neil: there are 100 deaths being reported thus far, but that might be conservative once they start going through the rubble. i'm just curious --? >> oh, yeah. neil: -- where's your home? how did that hold up? >> that's the one thing that i

feel very, very lucky about. i actually live in southwest cape coral which was directly outside of the eye of the hurricane for a large portion of the time, but i only lost some gutter, some soft fits, fascia, a little bit of screen, a few trees. considering how fortunate i feel out of the # 16 employees that i have -- 116 employees, about 20 of them lost everything, their homes, their cars. neil: incredible. >> i cleared the debris from my yard and dragged the tree to the curb just to make sure it was safe, but i haven't done any of my own insurance or anything like that. we've actually -- since our restaurant was destructed and it was such a special -- destroyed and such a special place, i just felt that we mobilize one more time. we have a donation site that my team has volunteered, our staff against all this adversity, we've create a very large donation site that has grown.

everything from clothes, water, food, we have an internet tent there if people need to access internet -- neil: and we're alerting people to that. shucker's fmb.com. i wish you dell -- well. hank in there. you've got a great attitude. >> it's the only thing keeping me going. neil: i hear you.fr more after this.om and a whole lot of this. meet our exclusive dent and scratch resistant stainmaster laminate. check out our most innovative products. only at lowe's. this is going to be great. taking the shawl off. is he looking at my hairline? is plaque psoriasis making you rethink your everyday choices? otezla is a pill, not a cream or injection that can help people with plaque psoriasis achieve clearer skin. and no routine blood tests required. don't use if you're allergic to otezla. otezla can cause serious allergic reactions.

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neil: all right, you know, technically hurricane season even -- and it's far from over -- there's another storm childrenning, i think at this point, rick, not a worry to mainland yierkts but it bears watching. we should also let you know the season technically goes to the 30th of november. again, this particular depression or whatever they're calling it is sort of circling around the caribbean. i believe rick reichmuth is with us. rick. rick: yeah.

we still have about 2-3 more weeks where you can see activity. obviously, the hurricane season goes towards the end of november, but really the meat is still for a couple weeks left. that said, take a look here in the atlantic basin, this is tropical storm julia that's heading to the west moving pretty quickly. and now that it's here across parts of the swerp caribbean, environmental conditions are really set for its to strengthen. this is headed right towards nicaragua, and we do expect to see this strengthen at least into a category one, maybe a category two hurricane before making landfall somewhere here in nicaragua. one of the things we're watching eventually, sometimes you can see a storm make landfall here and eventually commit up in across parts of the gulf of mexico and restrengthening. that could impact the u.s. we don't expect that. storm is staying par enough to the south that it could exit back out here and not have any impacts mt. u.s., which is really good news. that said, central america, area

prone has got a lot of mountains with it that wrings out a lot of this moisture. we are going to see a large area here that is in excess of 5-10 inches, and we'll see some bull's eyes probably in the 15-inch rain. could cause significant localized flooding. if there's one benefit from this storm, it's moving really quickly, neil. sometimes if it stall9 out in one spot, it rains even more. this one's going to move quickly. nonetheless, a very rough night tonight as this storm makes landfall across nicaragua. neil? neil: rick reichmuth, thank you very much, my friend. have a good weekend. in the meantime, this is more of a business story. it seemed to be coming down, that was elon musk, the world's richst man, coming back to say, all right, i'll go ahead and do this deal with bitter. but we're not there yet. in fact, we might not even be close. the latest after this.

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neil: all right, it's been probably one of the more epic takeover battles recent years. in fact, when kelly o'grady first came to fox, i'm sure she didn't think it would drag on to be a full-time job. it has. she joins us now from los angeles and, kelly, i can't keep up with this one because it looked like it was done, not going anywhere. he resurrects it. they push off going to court and having a battle over it, but we're not done, are we? >> reporter: no, we're not. and honestly, neil, i'm totally fine with. [laughter] this has been my favorite assignment at fox. i'm here for elon and all his antics. but e, yeah, you know, we had back and forth, and earlier this week he came back to the table and said, all right, i'm going to pay the $44 billion. and then we started to see this back and forth with twitter. they're saying, you know, no, we are not sure that you have the

financing. so just, just thursday the judge came to the table and said, listen, we are going to postpone the trial that was set for october 17th. we're going to postpone it until october 28 untilth, and you guys need to figure out. and it's really coming down to the financing point, neil. neil: so, you know, no one doubts that he has the money himself. i mean, he has a lot of tesla stock, he's the world's richest man, controls half of spacex, that's a $100 billion organization. so he has the dough. i've learned and discovered through your reports rich people don't like necessarily to spend their own dough if they can get others to spend theirs. it's a lot more desirable. but that's the issue, right? some of these banks and others who are backing him, some could back out, right? >> reporter: yeah, exactly. what's a billion dollars between friends, neil, right? you always want to get your friends involved. so how does this structure if he's getting loans from a number of banks, $13 billion, to be exact. and the concern from twitter is that that's going to fall

through. now, i want to debunk that. i've heard a lot of reporting around that. because back in april when he same and said i'm going to pay $44 billion for this, he also got debt commitment letters from morgan stanley, bank of america. so that's going to be really hard for them to wriggle out. and and even in the court filing the other day they anticipated her going to honor those -- anticipated they are going to honor those commitments. by the way -- they're. neil: they are looking into that, right? >> reporter: exactly. neil: to get it through my thick skulker they sign on the dotted rhine, and right now -- line, right now they're going to lose a lot of money, but they can't wiggle out, right? >> reporter: how it works is they loan that money to elon musk, but they sell that debt to other investors, and they are going to lose a lot of money. the part where it's tricky though is that he's still short so much cash. yes, he has all of the money that you just mentioned, but it's not liquid.

it's tied up in those companies. and so we've already seen him sell a lot of tesla stock, and he's gotten a lot of money from his friends like larry ellison and what not. but there's two questions in my mind. one, are those folks still going to pony up, right? he's spent the last couple of months trashing twitter publicly, so they may say i don't know if i want to go through with this. we don't know what the terms of their agreement are. but, second, he's still billions of dollars short, so he's either going to have to get more investors behind him which could be tough or sell a lot of tesla stock. i mow you and i love to look at where with that share price is, that could plummet if tesla shareholders get spooked that he starts selling this off to pay for this acquisition that just a few weeks ago he didn't want to do. neil: yeah. and it's down 30 plus percent from it highs, so the currency for his deal is less currency. kelly, i understand now. i think. all right, thank you very much. [laughter] kelly o'grady following the story of a lifetime. she loves it with her background

in finance and m&a. to me, it's like, whoa, where is this going? we have a a lot more coming up including echoes of 60 years ago. remember the cuban missile crisis? we could have a few in -- new one on our hands. president biden just pulled an armageddon. after this. ke to take a moment o address my fellow veterans because i know so many of you have served our country honorably. one of the benefits that we as a country give you as a veteran is the eligibility for a va loan, for up to 100% of your home's value. if you need cash for you family, call newday usa. with automatic authority from the va, we can say yes when banks say no... give us a call.

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of this nation to regard any nuclear missile launched from cuba or any nation in the western hemisphere as an attack by the soviet union on the united states requiring a full retaliatory response upon the soviet union. i call upon chairman kushaw to halt and eliminate that can december t