Updated

One of the biggest media soap operas saga ends as Vivendi Universal (search) and NBC report that they're in exclusive negotiations to formally hook up together.

How, if at all, will this affect what you see and maybe what you pay for what you watch? We’ll ask the Hollywood Reporter’s Georg Szalai.

Plus, refusing to be quashed by Congress, some few networks are battling back and fighting in favor of the FCC’s relaxation of media ownership. But will their arguments carry weight? We’ll get insight from Adam Thierer, director of the Cato Institute, and Gene Kimmelman, director of the Consumers Union.

It’s official -- Sen. John Kerry (search), D-Mass., launches his bid for president. But why hasn’t this political veteran and war hero gained more traction? Is he the victim of the media, or of his own message? We’ll have a fair and balanced debate from Hank Sheinkopf, Democratic strategist, and Rich Galen, Republican strategist.

Treasury Secretary John Snow (search) stumps in Asia, trying to open China’s borders to American imports. But will it be enough to help our economy? We’ll investigate with Rob Scott, international economist at the Economic Policy Institute, and John Tkacik, research fellow at the Heritage Foundation.

As we approach the second anniversary of Sept. 11, we’ll check in Fred Schoehnut, chairman of the New York Board of Trade, from his exchange’s new headquarters in the heart of New York’s financial district.

Forget SUVs! Could your next car be a Sport Activity Vehicle? Tom Purves, chairman of BMW of North America, previews his company’s high speed rollout.

And, stocks are in a slump. But with the sizzle of the summer over, will things heat up for the fall? Mike Norman, founder of the Economic Contrarian Update, and Prudential Financial’s Michele Girard, join the debate on tonight’s edition of Your World with Cavuto.

About Your World...

More than just facts and figures, Your World with Cavuto gets to the heart of the matter with in-depth analysis from our FOX Business News All-Stars:

Terry Keenan, host of Cashin' In
Brenda Buttner, host of Bulls & Bears
David Asman, host of Forbes on Fox