Updated

Record low temperatures in New York City on the very same day that former Vice President Al Gore is talking global warming in New York City?

Is Gore onto something, or just on something? We’ll get a fair and balanced debate from Deb Callahan, president of the League of Conservation Voters, and Bonner Cohen of the National Center for Public Research Policy.

Plus, as the thermometer plummets in New York, we’ll take Wall Street temperature with Sarat Sethi, principal at Douglas C. Lane and Associates, and Dan Veru, executive vice president of Palisade Capital Management.

FCC chief Michael Powell wants harsher fines for those television and radio stations that let those on-air obscenities slip through. But is the solution really hiking fines? We’ll get reaction from Michael Savage, radio talk show host and author of "The Enemy Within."

How much does a boost in the polls help fundraising efforts? We’ll put the Iowa Caucus in focus with Mort Kondracke, co-host of "The Beltway Boys," and Michael Barone, senior writer for U.S. News & World Report.

Plus, another Catholic diocese is in deep trouble. Twenty-one men are suing the diocese of Paterson, NJ, and its Bishop Frank Rodimer, claiming they were sexually abused by clergy members. Is this another sign that the Catholic Church isn’t going far enough to protect its flock? We’ll get reaction from Gregory Gianforcaro, the attorney who filed the lawsuit, and Paul Steidler of the Survivors Network of those Abused by Priests.

And, Neil gives you the skinny on how to use America's diet craze to fatten your wallet with Jonas Max Ferris, co-founder of MAXFunds.com.

About the Show

More than just facts and figures, "Your World with Cavuto" gets to the heart of the matter with in-depth reporting from Dagen McDowell, FOX Business correspondent, and 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