Topics and Guests for August 3

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China and Russia plan to conduct joint military exercises (search). Should we be afraid? We'll ask Caspar Weinberger, secretary of defense for former President Reagan.

Plus, Lt. Col. Oliver North, host of "War Stories," explains why he finds the timing of the exercises curious.

As the temperature rises, so does energy consumption. How are utility companies dealing with such high demand? We'll ask Bill Brier, vice president of policy and public affairs at the Edison Electric Institute.

Plus, if the income tax goes bye-bye, will investor see it as a time to buy? We'll ask David Darst, chief investment strategist at Morgan Stanley; Barry Ritholtz, market strategist at the Maxim Group, and Bob Millen, co-portfolio manager of the Jensen Portfolio.

Then, first Bill Clinton (search). Now Rafael Palmeiro? Body language expert Patti Wood explains the danger of finger pointing.

And, no more income tax (search) or the IRS: Sound too good to be true? Rep. John Linder, R-Ga., and radio talk show host, Neal Boortz, co-authors of "The FairTax Book," explain their plan for your taxes on tonight's edition of "Your World with Neil Cavuto."

Real journalism: fair and balanced. That's why we're No. 1 — FOX News Channel.

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"Your World with Neil Cavuto" offers news and insight on Wall Street and other market activities, while wrapping up the business news of the day. Named "the best interviewer in broadcast business news" by The Journalist and Financial Reporter, Neil Cavuto identifies why and how events happen.

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