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joining the crowded field. is there room for another candidate from the sunshine statesome with him there are three of them. we ll can him. welcome, everybody, i m neil cavuto, and this is cavuto live. i hope for dads tomorrow s a great day. in the meantime, fast-moving political developments. lucas tomlinson. reporter: good morning, neil. president biden departed for philadelphia for his first re-election campaign rally, as you mentioned. hopefully, the traffic situation is okay after that mess on i-95. biden removing this endorsement from some of the largest labor unions in the country. it s the earliest endorsement from the afl-cio in history. here s the president. we are a democracy, and so we ve been engaging our members, listening to them, and they want someone who will stand up and fight for them. and that s exactly what this president has done. he said he wants to be the midwest pro-union president when he took office, and he has absolutely delivered. re ....
reach a deal on the country s debt ceiling, with the us house speaker kevin mccarthy saying on wednesday that negotiators remain far apart. our north america business correspondent michelle fleury has the latest from new york. there is a roughly one in clutch make chance that the us will hit the so called x date, when the us government runs out of money to pay its bills, before the dental ministries. that is according toj.p. morgan chase. they say the other any worse. debt limit raises. kevin mccarthy said he thought progress could be made but warned the two sides remain far apart. but warned the two sides remain farapart. her pub but warned the two sides remain far apart. her pub concert amending that any deal must cut future federal spending in exchange for raising the debt ceiling, a redline for the white house. on wall street, us stocks fell as investors have been watching these talks closely for any sign of agreement. and even if a deal is done in time, economis ....
jennifer griffin at the pentagon and the latest information about the balloon. good evening, jennifer. good evening, shannon. fox news has learned the chinese spy balloon could exit u.s. continental territory moving off the east coast in the next 60 hours. the spy balloon first flew over alaska on january 28th, exited u.s. airspace and then reemerged to cross into the continental u.s. on january 31st. passing from canada into idaho. the balloon was most recently seen flying over missouri. the balloon has changed its course. right now we assess that it will probably be over the united states for a few days. the pentagon is not buying china s apology and explanation that this was some sort of civilian research balloon that was blown off course. the spy balloon left montana airspace and moving east over the continental u.s. fox is told it was launched from mainland, china. this is a chinese balloon that has the ability to maneuver. the balloon continues to move e ....
murder charges this evening over the death of a black motorist during a traffic stop. memphis officials are worried about civil unrest tonight. the district attorney says the city will release body cam video tomorrow. correspondent charles watson is in memphis tonight with the latest. good evening, charles. good evening, bret. all five memphis police officers face second degree murder charges in the death of nichols. steve announced the charges this afternoon after a grand jury convened this morning and indicted the officers in their roles in the beating death of nichols during the traffic stop earlier this month. today all five officers were booked in the shelby county jail this coming nearly a week after the memphis police department fired the officers following an internal investigation that revealed multiple policies were violated during a violent confrontation with nichols on january 7th. body cam video of the encounter has not yet been released but folks. descri ....
hear from her. but now the big two things. it is the charges against these officers and this video, when will we finally when will the public finally get to see the video. and executive director of the local naacp gave us information about the possibility of these officers surrendering themselves. but again, that has not been confirmed. that is according to her and her sources. in the meantime, the community reeling, family members reeling. and this community bracing for what is to come. yeah, we had a conversation with the senior pastor at the mississippi boulevard christian church here, that is the church where they will have services for tyree nichols on february 1. so there is real concern. you know, he made no bones about worrying about whether this was going to be explosive, how people are going to on respond once the video is released. but he said that they have been in talks and he said he saw something that he has never seen before happen in this commun ....