35%. small businesses don't have those tricks, they do pay that rate. . dagen: happy mother's day to jack, joni, stuart over to you. stuart: you can spin this any way you like, hard truth is, this economy isn'ting do that well, is it? this is not pretty. 160,000 jobs created last month and this is tied into the slowing economy. america is by no means working flat-out. the participation rate all the way down to 62%, not good. reaction, stocks down and interest rates, whoa, way down. politics, the republican split over donald trump, the bushes, john mccain, mitt romney against him and speaker ryan can't support him yet, but unity negotiations have begun. trump says this morning, remember, i'm the guy who brought millions to the republican party. no unity for democrats, hundreds of bernie supporters

rally against hillary in los angeles. the mexican flag made an appearance among demonstrators. question, could hillary lose the california primary next month? look at this, turning into a catastrop catastrophe, an entire town burned down. 25,000 trapped, a rescue airlift has begun for them. getting out of fort mcmurray in canada's oil country is now genuinely hazardous. and cameras are everywhere capturing that real drama. "varney & company" is about to begin. ♪ all right. here we go, everybody. it looks like we're going to be down on the opening bell today. that's because of that very weak jobs report. we only had 160,000 new jobs created, but look at this, please. this is the yield on 10-year treasuries.

that's an interest rate. that's a key interest rate. it's a barometer of how we feel about the market, the economy going forward. all the way down to 173. now, on the market, the stock market, there are two, we'll call them former tech darlings which are going to be way down on the opening bell today. the first one is gopro. what's happening. ashley: not good. basically they beat on revenue, but the bad news for go-pro, called a one-trick pony is expectations for drone product, the drone camera. they're pushing back the release of this again. people say already late to the drone party and now you're pushing back and too much hanging on one product as well. that's a concern of analysts and gopro getting hit hard. down 77% in the last year and they're going to start lower today. stuart: so it was at 93-- >> 2014 it was at 93.85. stuart: it was a darling. ashley: not too much now.

stuart: how about fireeye, that's way down? >> it is, it's a cyber security company. issuing weaker guidance than expected and put those two together and that happens to the stock. we had a change at the top. the ceo replacing dave dewalt who is out. all of that combining to go lower. stuart: two tech darlings down today. the report affecting the markets. frankly it wasn't say big, only 160,000 jobs created. that means a down trend that matches the down trend from the economy. i don't know why we're showing pictures of president obama, but he popped up right there. what i want to see is austan goolsbee. former advisor to president obama and there's the graphic, recovery roadblock. welcome to the program, good to see you again. >> great to see you. stuart: here is what worries me, we can't do much to arrest this slowdown in the economy in the short-term.

we may want to invest in educational infrastructure, it's not going to happen short-term. and there's not much the fed can do, that's what worries me. mou -- how do we arrest in the immediate future this downturn into the economy. >> that worries me, too. it's not a-- it's mediocre, but we're growing in the 2% range it's a bit of a no man's land and we can't rely on any other country to give us a boost because they're doing worse and add on top of it, the market's got a lot of fear and uncertainty coming from the donald trump nomination, we're going to get a lot of political uncertainty going into november. i was a little worried about this whole thing as well. stuart: do you think the market might be worried about a bernie sanders nomination for the democrats? that's frightening to investors now, isn't it? >> i'm sure it would scare them a lot.

i think anybody who looks at the delegate math or knows anything about that realizes that's extremely unlikely. stuart: now, president obama back in 2012, he promised to deliver 1 million new manufacturing jobs. well, as of right now, he's about 600,000 short of that. this goes back to the political argument about how we create well-paid, high-paying jobs. it doesn't look like it's working at the moment, does it? >> well, i'd be a little careful saying that, stuart. as you know, we've added 9 million jobs over the course of this recovery, they haven't been as many added in manufacturing as they have been in health care and business services and i think almost certainly, that's for the twin punches of the dollar going way up and china, europe and emerging markets going down the tubes, so, a lot of our manufacturing's for export and we haven't had that much demand.

stuart: one fast one, i've not got the yield on the 10-year, 1.73%, it suggests that the economy really is slowing down. are you prepared to say that we're not slowing down so much that we'll get a recession? will you, you know, relieve our anxiety? >> you know, i wish i could, but i haven't. as you know, i always try to be completely realistic. you cannot rule out, given what's happening in the rest of the world, there's at least, 20, 30% chance that the united states could go into a recession. this is actually a very long-lived recovery that we've had. i think the third longest ever, since we've had the data. so, eventually we will have a recession and the worse the rest of the world gets, the more likely for the u.s. stuart: all right, we did three and a half minutes without me once accusing you of being the architect of this economic disaster. i think we did quite well today, actually. happy friday, young man. >> we always have a good time, stuart.

stuart: we try. austan, thank you, indeed. we'll see you soon. thanks. get to politics, look at this, please, hundreds protesting hillary clinton in east los angeles last night. she was celebrating cinco de mayo among protesters, mexican flags featured prominently again. most of the demonstrators were pro bernie sanders. some of the signs read never hillary. and tammy bruce is here, i'll get to my pet peeve, the waving of foreign flags, i'll get to that in a second. what do you think, could hillary lose the california primary? >> she could. bernie sanders had such a great run it's not unconceivable. in 2008 she beat barack obama in all the major states like california. as a matter of fact, in that primary in 2008, i voted for barack obama. she took that state. and at this point, the polls are wild. a few weeks ago they were within single digits of each other, now some polls have them double digits away, but when it

comes to even with the ones he's won, bernie sanders, like with indiana, he doesn't really get a delegate edge. in california over 50 of the 73 superdelegates that are available there have already pledged to hillary. so, no matter what happens, your agoing to see bernie sanders in a difficult business. he's running ads in spanish, being-- bill clinton has been campaigning for her there, there's hollywood money, but we see her stumble. we know that the fbi dynamic is hovering, so anything is possible. stuart: i don't think those mexican flags will drive voters too bernie sanders, they'll drive them to donald trump. >> many in california may stay home because of the condition of that state. stuart: i've got to move to london. we don't cover london much. but london is on the verge of electing its first muslim mayor. i'm told that 50% of some london neighborhoods are muslim.

>> one in four muslims in england and wales are under 10 years old. khan is by all accounts 10% of zack goldsmith his opponents. it looks like saadiq khan will replace the mayor. stuart: on the local level across britain. the fate of the far left labor party is up for grabs. ashley: it is. they didn't do well. didn't do as badly as expected. they tripped badly in scotland, the conservatives in the middle, but the british independence party, right wing, picked up some seats along the way as well. kind of reflects the sentiment. stuart: yeah, all right. moving on. we have news for you on another incremental development in the hillary e-mail scandal. the fbi has interviewed some of her closest aides, including long time advisor huma abedin.

it's an incremental movement, i've got it. it seems it's moving thick and fast and moving ahead. is it crunch time for hillary? >> they've been interviewing the aides and everyone is cooperating. they're working the fbi, with the campaign schedule to figure out to time to interview her, but they've interviewed brian pagliano, and he pled the fifth and now testifying under immunity. >> and who is fudging the truth and the nature of who made the decisions and we'll find out soon the decision. stuart: i don't think they can get around this by dismissing it. >> either way it will be a scandal. stuart: look at this, it's spacex landing a rocket successfully again. it was on the way down or went up, came back down and landed for the second time.

managed to land with the rocket upright without toppling over, that's a success for spacex again. >> you know what that effects? everybody who can't park properly in their parking space and they're landing on a boat in the middle of the ocean, that's hot. that's hot. stuart: and trump as in donald trump, trying to unite the g.o.p. behind him. several leading republicans refuse to go along with it. i say this is a flexible, i'm sorry, a fixable problem. what do you think? more on this in a moment. >> accusing the most honorable guy in the race of all kinds of dishonesty, goes after his father, goes after lee harvey oswald, as a christian, if he apologizes, i will forgive him and come on board. poor mouth breather.

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>> hey, take a look at square. that's the mobile payments company. down today.

bad news for jack dorsey, not only is twitter near new lows, the other company that he got a hold of, that's plummeting, too. ashley: mr. dorsey had a double whammy of the blues. and posting another loss, but is raising 2016 guidance. they're not exactly cheering investors. by the way, a 180 day lockup period on square that expires may 16th which could have an impact on the share prices. stuart: before today it didn't have such a bad chart. ashley: all of a sudden, it goes down. stuart: all right. let's get back to politics, shall we? it's friday morning, why not? not just the democrats are split, the republicans have unity trouble, too. some republicans have already made it clear they're not going to endorse trump. bush 41, bush 43, mitt romney, senator john mccain, say no way

for trump. house speaker ryan is not get ready to endorse trump however, he'll meet with him along reince prebus, from the rnc. they're going to have to be fixable. >> they're going to have to be fixable. here is what bothers ryan about trump. they disagree with immigration, trade and ryan has spent his career trying to reform. and ryan said yesterday, look, i don't expect donald trump to adopt by policies, i get the impression they can agree to disagree on some of these things. >> it's not a deal killer. on the other hand, people close to ryan say look at the things he's publicly rebuked trump about.

the comment on david duke and the kkk. the muslim ban, and violence at trump rallies. those deeply disturbings paul ryan and i think he wants the assurance that he'll tone it down in the future, not sure he's going to get it. stuart: the trump's argument is simple as this, if you don't support me, if you don't unify, you're giving the election to hillary clinton. and that is the last best argument on his side and it's a powerful one. >> oh, it absolutely is. and there's an argument before that, inside the republican party, which is i won and this guy is making demands? and i think we're at that stage right now. but you're right, bottom line, trump and trump supporters will say, look, anything other than supporting me, donald trump, is a vote for hillary clinton and do you want to do that? >> what about the donors? because trump's not going to self-finance a billion dollars worth of election spending. he's going to have to go to the republican party for that. so there's a little leverage on

the part of the republicans, you don't get the money unless you temper some of your statements. there is that argument, too. >> well, there's that argument, but i think we saw a very big development yesterday when sheldon adelson, perhaps the biggest republican donor of all said he's going to support donald trump. adelson's reason, he's a republican and so am i. and i think what we're going to see is a number of g.o.p. donors, some of whom have contributed to other candidates, coming around to trump. stuart: okay. 10 seconds, am i right, is this fixable at the end of the day, they fix it, the unity question? >> it is indeed fixable. the issue stuff are definitely bridgeable and they can do that if they want. stuart: byron york, thank you, indeed. good to see you. >> thank you. stuart: look at this, please, these are images of creatures which have never ever been seen before. ashley: oh, my goodness. stuart: they are from the deepest place on earth, that would be the mariana trench

east of the philippines right at the bottom of the pacific ocean. the first time a camera has been down that deep. feeding back live footage. i'll repeat it, you've never seen this stuff before. rare types of deep sea cucumbers, eels, starfish. don't we bring you good stuff on "varney & company." >> we think we know it all as humans and the hand of god. stuart: very good. what about the pressure, 35,000 feet. ashley: my gosh. >> magnificent. stuart: and this, too, that's my favorite. >> great. isn't it. stuart: look at this, liberal, in california, a drunk driving check point canceled because of the slogan, fiesta time or jail time, the sensitive left didn't like that, they shut it down. "varney & company" will continue. >> don't cry. show me movies with romance.

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call or go online and switch to x1. only with xfinity. show show me more like this. s. show me "previously watched." what's recommended for me. x1 makes it easy to find what blows you away. call or go online and switch to x1. only with xfinity. >> i really want to get to the liberal lunacy and listen to this. a cinco de mayo drunk driving check point in oakland, california was canceled yesterday. several people were offended by a written warning issued by police, that warning said fiesta time or jail time.

people were so offended by that, they shut down the road closure, the drunk driving road check. tammy. >> yeah, a bunch of snowflakes up there. at a native los angeles, no one knew, defeating the french. it's the mexican, latin american culture that infuses california. this is excuses to have more power to threaten more people, it's a ridiculous dynamic and oakland simply bent to it and putting people at risk by shutting down the check point. ashley: writing trump 2016 becomes threatening. >> this has repercussions, you're stopping the check points and everybody drinks, margaritas are a fabulous drink, but tequila is the best alcohol you can drink, apparently, so you know.

stuart: by a spanish word and mix it with drinking, you can't do that. >> in california everyone is effectively bilingual, it's a complaint and never an issue before. ashley: then we have to perhaps put up with a higher chance of drunk drivers and could kill someone. >> it's a sacrifice to political correctness. stuart: no wonder trump is popular, no wonder. now this, we're doing this because it's friday. look at that, you don't see that often, a hippo escapes from a circus in spain and shocked onlockers. >> i would be shocked, snapped pictures of the hippo just walking by. we're told that the hippo is in custody. look at the creatures we've shown you today. ashley: giant handcuffs. >> he deserves to be free. you escape, you should be set free. ashley: he should be in a mud

hole. stuart: and moving on the job market, more fears of the slowing economy. stocks are down and more importantly, interest rates are way down. that's a barometer of our future performance. stay there for the opening bell. ♪ at ally bank, no branches equals great rates. it's a fact. kind of like grandkids equals free tech support. oh, look at you, so great to see you! none of this works. come on in. ..

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stuart: here we go, 10 seconds until "the opening bell" on wall street. they are applauding to start the trading session and we will be down at "the opening bell". not a lot, 60, 70 points, we are on the downside in early going, 18 points, 17-6, we are down in large part, my opinion because of the weak economy jobs report we had earlier. come on in ashley webster and liz mcdonald and anthony scaramucci is with us, and scott shelley in chicago. first question, the market is down because of the jobs report and interest rates are tumbling. >> i agree with you. if you look at the june futures rated less than 4% in terms of a

rate increase. you want a goldilocks economy, the jobs growing a little better than they are right now. if they we can is go to quantitative easing or negative interest rates, markets will trade off. stuart: it is not a great selloff. that indicates a very weak economy. what say you? >> that was the future a month ago december 16th. four more, 2016, are you kidding me, won and done, the next move from the fed will be quantitative easing, not another interest rate hike. these numbers prove the economy is stuck in the engine is broken and we can't find the growth. >> two for the global government bonds yielding 2% or less, we are negative rates. stuart: we are 1-7 on the ten year, and the two year.

got to get to two forgotten tech darlings, way down this morning, go pro and fire i, deal with go pro, you predicted this, you said it would crash. >> a bubble in search of a pin. and industrial like us steel in illinois, it may be a one trick pony, delaying their drones in the holiday, we see go pro in a world of trouble. stuart: $10 today, 93, 18 months ago. they do web security. why would they be down so much? everybody is insecure. ashley: a weaker changeup, who founded -- but by fire i is now

taking over fire i and current ceo being moved out as executive chairman. this is a company that says it is in transition, to the cloud, business model, numbers don't look great. in the long-term they are in the long-term. stuart: that is 60, now it is 14. gamemaker activevision, that means absolutely nothing. the popular videogame called call of duty, now you get it got a boost from king digital. that means nothing to you, candy crush people growing digital sales, stronger outlook, it is up 7%. look at this one. sales sliding at the chicken chain down 7%. higher profits that wind resorts, maybe that has something to do with mc cow, they are up 3%. the health insurer, not used to this, cigna, raising its outlook, stock is still down but they raised their outlook by

obamacare, higher profits and sales at the rebound, 10% higher. here is a big name, i know this one, yelp. i know this one very well. they raise sales guidance. what exactly does that mean? nicole: all of the analysts are jumping on board so they like make a lot of money through selling advertising, raising guidance for revenue, stock is up 12%, a huge move and they are struggling to stay positive. they pushed off being bought out but had a tough go of it, five consecutive quarterly losses but looking good going forward. you are seeing a big pop. stuart: $50 a share not that long ago and now it popped to

23. you explained it very well, thank you very much indeed. how about apple? hears the news. tim cook the ceo is going to visit china, meet the government. liz: could be mission impossible. china is apple app second biggest market, sales come from china. china stopped the sale of movies, apple lost its patent on the iphone, leather goodsmaker use the word iphone on the purses of wallets. i tell you something else, the reason it is mission impossible, basic china cracking down on the internet big time. stuart: i would not be surprised to hear the leadership they say to tim cook, to crack down on. >> if apple doesn't innovate,

and these older technology companies trade at, ton of cash, without innovation hit higher -- >> 20 multiple spaces. and an accent. stuart: i spit on the show like that, very serious stuff. canada wildfires spreading in the oil sands region of canada. $43 a barrel, how much impact on the crude oil market, dreadful fires been in california? >> with what we have happening in canada as well as middle east libya tensions, that speaks to the supply issues and on top of it when we get 0.5 gdp, no retail sales, we are not seeing

an economic engine of growth kicked into full gear, the overhang of supply, that shows you today, and middle east tensions, can't get going. stuart: that is fascinating, you would think we had a spike in oil with all this stuff going on. atlas worldwide, and that was up, because of amazon, has a tie in -- would be straight up but they are not. ashley: they entered into a partnership with atlas air and amazon to provide delivery aircraft or amazon, there are 20

boeing 767s decked out for package deliveries, part of amazon getting into the delivery business coming out the middleman. stuart: it was up 30%. that was my mistake. ashley: people taking a little profit into the weekend. stuart: this is the power of amazon. you get a connection with amazon you go up. ashley: and weakens ups and fedex. >> if you think of market share that will create the vertical for themselves over the last 20 years. stuart: which is the premier technology company? i will ask scott shelley. is it amazon? is it facebook? >> i would take facebook. stuart: what do you have? >> i don't like facebook but as far as stock goes i do like it. 50% of the internet traffic on a daily basis going through the amazon web services has got to be a pretty good juggernaut. there will be a lot more revenue coming out of that.

i think amazon is the one to go with just because i am not a big fan of usage. it is a good reporter, and amazon. stuart: i will stay on facebook, a lawsuit challenging facebook's facial recognition system. >> they have state-of-the-art database collection on users that advertisers bluff, san francisco federal judge says yes, a lawsuit against facebook and go forward, the lawsuit says facebook, you got to stop collecting faces with names without our consent and storing it and keeping it. a privacy issue. stuart: if you and i have a picture taken of the two of us and it gets on facebook, we are tagged. my name comes up. the lawsuit says quit doing that. liz: collecting and storing it,

that is the issue. without people's consent. it is dangerous because they have a state-of-the-art database collection. advertisers love it. stuart: to make a lot of money in the future they have to keep and store those names and faces and the lawsuit says knock it off. liz: the lawsuit can go forward, facebook is a big deal for facebook, could be a landmark. stuart: what did you say? >> it is too late. that horse has left the barn. it will only be good for people to get on facebook tomorrow if they ruled today. your face and name is out there already, that technology has been happening. stuart: i remember the google glass thing, you walk into a room full of strangers and you knew everybody's name. i don't know whether it works or not but i like that. new york times will start

delivering meal kits to your home. you heard that right. this is the new york times food delivery. ashley: sign of the times when you rely purely on circulation and advertising for an industry losing ground, they already have a wine cloth, travel service where you can go around the world led by a new york times correspondent. liz: how about fixing the front page where everyone thinks they are ernest hemingway on the front page? you have to read the stories backwards. stuart: criticizing the editorial stage which criticizes economic failure, i digress. >> chicken is going to be served pink. stuart: last word to scott shelley. >> we found a way to get lazier than going through the drive-through, now it will be delivered at home by drones so it is generation couch nation is where we are headed. stuart: he just trademarked

that. the dow industrial average is now down 15 points, not quite the selloff we thought we might see, down 12, down 10, any advance on that? down 11. here is a video that is angering a lot of parents. it shows a baby left to swim on its own in a pool. i don't know how you feel about that. i have six kids, my grandchildren, we will show you more about this later on the program. democrats split down the middle, hillary clinton the subject of huge protests in california. bernie sanders supporters vow never never never will we vote for hillary. more varney in a moment.

stuart: friday morning the loss 11 points down for the dow industrials. look at gun stocks in the news this morning. a judge has ruled attorneys may continue their effort to get internal documents from the makers of guns which were used in the 2012 sandy hook. >> this is a landmark case. connecticut superior court judge says yes, you can continue the families of 26 people who were killed in sandy hook 2012, you can continue with your liability suit against the maker of the assault weapon used by the shooter. they are now being basically pushed forward into the suit, a 2005 federal law would sue makers of guns if you sell the

gun to somebody mentally defective. there is a loophole in their, a different matter for gunmakers. stuart: pressing the liability issue on the gunmakers. successfully the gunmakers could be -- ashley: begun -- delegate to the individual, not the gun maker. stuart: it is a loophole in the federal law. major protests against hillary clinton last night, made bernie sanders supporters were out in force chanting never hillary, called her a liar, waving the mexican flag in california. harlan hill is with us, a democrat who has said on this program never hillary. look what you have done. the democrats are totally split. are you happy? >> this is no surprise and i won't take the credit for it.

i think -- i would blame debbie wasserman schultz and what she has done in dnc to protect the front runner hillary clinton, everything from coin flips to superdelegates to manufactured controversies with a data breach at a major democratic venture, she has manufactured every controversy to suppress bernie sanders so it is no surprise people are rejecting it. stuart: we talked a lot about the republicans trying to get some unity to fix the disunity between trump and the republican party. that may be a fixable problem. how about the split among democrats between hillary and bernie. is that fixable? >> there is no reconciliation to be had here. she picked sanders as a running mate to reconcile, there is bad blood between these groups between their supporters. i don't think there is any reconciliation to be had. it is going to be rough. is in this amazing? a few weeks ago we thought we were going to go to the republican convention and that would be to modulus. now we are looking at the democratic side. looks like the convention that

will have all kinds of turmoil. stuart: as someone inside the democrat party, can you tell us how many bernie supporters would vote for donald trump? give us an idea what you think is the proportion of bernie people going to trump? >> right now i saw a recent poll that 40% of people said they were supporting sanders and could never support hillary clinton. that number is very low. when we litigate hillary's passed from her time as us senators all the scandals, benghazi, the email servers, this number could change. we still haven't talked about wall street and campaign finance reform. if donald trump speaks of these terms, there could be a lot of bernie supporters. stuart: harlan hill, we will see you again soon, thanks very much. look at the s&p, a broad-based stock market indicator briefly dipped into negative territory

for the calendar year 2016. that is the s&p. 30 people injured on an indian airways flight, serious injuries including broken bones, that is the aftermath of what was severe and unexpected turbulence, extremely frightening. this is the aftermath after it settled down, serious injuries and look at this, devastating picture of war in the middle east, countless towns and cities, towns and cities that have been flat out destroyed. that is the face of modern war and it is not pretty. back in a moment. u wouldn't take without checking the side effects. hey honey. huh. the good news is my hypertension is gone. so why would you invest without checking brokercheck? check your broker with brokercheck. innovative sonicare technology

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stuart: breaking news from germany, about migrants accused of sexual assault in cologne, $1000 -- the first case, what happens? stuart: a judge in cologne dismiss the case against an algerian man and a 23-year-old accomplice from out syria couldn't prove the case, they were convicted of a suspended sentence but those are on new year's eve, many of them in cologne and across europe,

shocked a lot of people, the first one that has gone to trial. stuart: changed the date on the migrants crisis. iraqi security forces have liberated the city of ramani. sending new images show ramani destroyed in the process, what you are looking at on the screen is before the battle, then after its liberation. as you can see, entire portions of neighborhoods flat out destroyed. the institute for the study of war, put politics aside for a moment, if you study war, what i'm looking at with those images is absolute destruction, that is modern warfare in practice today. >> a scorched-earth policy from isis and the iraqi government, the iraqi government for the only to generate rulers, take the territory, the united states

helps with that, isis says no you are not and if you take it we will blow it up. we like to think of modern warfare as being precise but hyper accurate, in context of history we are more accurate with our munitions today than ever before but ultimately if isis, the only way to liberate that city is to destroy it. stuart: it does indeed. one more thing for you. donald trump has said the iraq war was america's biggest mistake. listen to this. >> the war in iraq was the worst decision ever made in this country's history, totally disabled lysed the middle east. stuart: the worst mistake in the country's history. what do you say to that? >> victory has 1000 fathers but defeat, everyone wants to claim victory. in 2003 i was in kuwait getting ready for the invasion of iraq.

and people in iraq supported the invasion, overwhelming supporting the senate. both administrations, the bush administration and obama administration made mistakes of the prosecution of the war in iraq, he is going to give a credible policy statement on the right thing to do. 13 years ago, nobody is disputing that, let's talk about what you can do to solve or fix or address this crisis of the foreign terrorist organization like isis. stuart: thanks for joining us. liberal lunacy in california, listen to this, the owners of a vegan restaurant receiving death threats after it was revealed they were meat eaters. we have the story and former celebrity apprentice consistent clay aiken says trump is a good guy but trump is not a republican.

second hour, varney and company two minutes away.

stuart: new this hour, look at that. donald trump, a big hit in coal country. feeling the love while wearing that hard hat in west virginia. blue collar workers, yes, they are supporting him bigtime. >> thank you, everybody. stuart: thank you, everybody. [laughter] you're welcome. here's what california's waking up to this morning, union workers want to know how their dues are being spent. the seiu shut down their own membership. in north carolina lawmakers standing firm behind their bathroom law even though the obama team says it violates civil rights. north carolina stands firm. and here is an only-in-california story tailor made for a show like us. a couple runs a vegan restaurant. they receive death threats from their customers because turns out they are meat eaters. [laughter] you can't do that. more on this later. check the big board, we're down 30 points.

a weak job report came out earlier today, but we're down only 29 points. how about the s&p? a broad-based stock market indicator, dead flat just about, dead flat for this calendar year. then we have fireeye. that's a cybersecurity company, and it's taking a big hit. the ceo is leaving. profits fell short, but it's still surprising to see an internet security company down like that. look at gopro. there's another former tech darling. it was at $93 a share 14, 15 months ago, now it's down to 10. look at the yield on the ten-year treasury, all the way down to 1.76%. it was lower than that earlier -- >> i don't think we would have seen this a year ago. to see that number right now, that tells you weak jobs report, people are a scared of what's going on in the u.s. economy. the treasury is a safe haven. we see around the world two-thirds of government bonds yielding around 1%. that tells you the world and the u.s. economy is in trouble.

are we sliding into recession? watch this, the fed may not raise rates, so that could be bullish for the stock market. stuart: we'll see about that. [laughter] don't forget yelp, raising their sales guidance. what is that all about? >> you know what? a turn-around of sorts. they've had five quarterly losses in a row, but they beat on earnings and revenue, all driven by a nice uptick in local ads, and sales up 34%. stuart: and the stock's up 17%. >> love. that. stuart: like that. all right. let's get to california. every day, oh, yes, we do. new this hour, unions in california stopping an effort that would have forced them to publicize how they spend their dues. >> this all began with a complaint from a union member five years ago, eventually got into the legislature, and a lawmaker has introduced two bills forcing the union to open up their books and detail how they spend all the money. that was defeated down party

lines. the second bill would have required a union vote every two years. the problem is, you know, the union says we are very transparent. we are, you know, we will tell you what we're doing. they don't. and this lawsuit was started by a woman who noticed a crossing guard who was a member of the union was standing there with no one crossing the road because there was an underground pass. they said how come she's got the job? it was a payback to the union, so she was just being paid to stand there. >> transparent as a bucket of molasses. what their fight against was forcing the union to put their spending on the internet and show the world -- >> that's not going to happen. stuart: wait a minute. the guys in the union win. did the judge say open the books? >> the members of the union lost. the union leaders won. stuart: thank you. >> that's it. stuart: that's the point. deep breath. [laughter] hysteria. [laughter] let's talk about that jobs report, shall we? we're not seeing robust growth

in employment or in the overall economy. come on in, jeff sica, a man who says the stock market, ultimately, is going to go down, and it won't be too long before we see it, is that right? >> yeah. i mean, take a look at this number. the first thing we've got to realize is there are 94 million americans who are not in the work force for whatever reason. this number was dismal. and for all of those half-witted economists that believe that the jobs number has been the greatest support for the so-called recovery, they have to think again because this was a dismal report. and we keep getting downward revisions. stuart: yep. >> we had a downward revision for february, a downward revision for march, and now we're looking at the potential of this being a downward revision as well. stuart: now, does this tie into -- you're bearish on the stock market. you think the market's going to go down. these numbers today tie into that bearish view? >> yeah. let's take a look at the market today. it's very tame, very calm as far

as the performance today, but the reason it is is because we have a market that's become addicted to the fed. the market has not plummeted on this horrendous economic news because it's supporting the good -- the bad news is good news theory which means that the optimism about keeping rates lower for longer is alive and well. and that's been the only fuel that this market has had to rely on. stuart: and you say it cannot go on forever, and when it stops, we go down. >> it's going to be ugly. and i think people have been deceiving themselves into believing you could have an earnings recession for this long, this many quarters. earnings have showed us something. people are deceiving themselves to think that there's any sustainability to a market that does not have the backdrop of good earnings and a strong economiment we don't have that -- economy. we don't have that. and there's nothing that's going to create it in the near term. stuart: just what we need -- [laughter] >> happy friday. stuart: jeff sica comes along

and says this horrendous economic report. [laughter] that market's going down, we can't sustain this forever. have a nice day. [laughter] all right. we're going to show you those images, this is a catastrophe, frankly. this is western canada. alberta, to be precise. massive wildfire is still burning bigtime. i think the total is now close to 90,000 people who have been evacuated. there are two oil sands sites, you know, for the production of oil, they're in jeopardy. that is affecting the price of crude oil. it has now gone back up again. that's because you may have a lot of oil taken out of the pipeline because of those fires. you don't often have that -- >> you don't. 49 separate fires burning. this is one of the bigger ones. but, you know, the weather has been extremely dry, a very dry winter. hot winds blowing now, and they just can't get a handle on it. stuart: that fire is still burning. to north carolina, lawmakers

there standing by their transgender bathroom law in direct defiance of the obama administration. come in, clay aiken, democrat, yes? you are a democrat. >> i am. stuart: and you are a north carolina native, are you not? >> i am, yes. stuart: and you're the guy who was on the apprentice -- >> you're batting a thousand. stuart: and also "american idol." and you're going to comment on north carolina's bathroom issue. >> i am. why not? stuart: what do you make of it? >> i mean, i think it's obviously a political issue in north carolina, the general assembly has really overreached in the last five years. stuart you think? >> absolutely. stuart: wait a second. the north carolina law says you go into the bathroom which corresponds to your gender at birth. >> do you want to go to the bathroom with caitlin jenner or? that is the point. >> no, it is not. that is not the point. if i walk into a woman's bathroom in, say, a target store --

>> absolutely, or you should be in trouble. stuart: but i'm not in a target store. i'm not. >> you absolutely are in trouble. stuart: i identify as a woman, therefore, i've got every right -- >> you are a very unattractive woman. [laughter] stuart: you know what i'm talking about. you can't change the subject. >> i'm not trying to change the isn't. i'm telling you there's not one reported instance of anyone doing that. if you're going to try to molest somebody, you're not going to do it in broad daylight. stuart: why open the door to this kind of problem? >> there's no open. people have been using the bathroom that they associate with for decades, and it hasn't been a problem. this is a problem that was created and manufactured by the -- stuart: i don't recall men walking into a woman's bathroom freely for decades. >> i absolutely, i absolutely agree with you. but transgender women have been going into the bathroom that they associate with for years. transgender men have been going into the bathroom they associate with for years, and you didn't even realize it.

stuart: why do we have to change? >> we don't have to change. stuart: yes, we do. >> no, we don't, and that is the point, that is the point of the argument. that's the crux of it. we don't have to change. this has been something that's been going on for 20 years finish. stuart: all over america they're getting rid of men bathroom, women bathroom, they're going to unisex bathrooms. >> what someone does -- stuart: with whom they are not related. am i crazy? [laughter] >> i'm considering it. [laughter] i am considering it. stuart: come on. common sense. >> common sense, again, says this is something that's been going on for years, and this is a political ploy to try to make sure that they boost voter turnout in north carolina, and i think it's going to backfire. stuart: do you realize that you're only on this program because you're a former apprentice -- [laughter] >> i thought i was brilliantly intelligent. stuart: now we've got you on about bathrooms in north carolina. you know donald trump because you were on the apprentice so you had to interchange with the guy on a frequent basis.

>> oh, yeah. stuart: you liked him, as i recall. >> at times, certainly. stuart: but you're here to say he ain't no republican. >> well, i don't know that i'm here to say he's not a republican -- stuart: that's what you told my booker. >> that's what i told you last time i was on here. i don't think his views necessarily line up consistently k and i think that's what scares me about him as a potential president. he's got his finger in the wind, and he goes where he wants to. he agrees with me on the transgender law. and for someone who's going to potentially be president with their finger on the trigger, that's not something that i want. i don't want someone who's inconsistent. stuart: look, he agrees with you on the bathroom issue -- >> and he disagrees with me on dozens, dozens of more things. [laughter] stuart: clay -- [laughter] you may come back. >> we'll argue more, absolutely. stuart: all right. a split in the gop, oh, yeah. some of the party's top names

coming out against donald trump. speaker ryan says he's not ready to support him yet. the weekly standard's fred barnes on the split. is it flicks bl? and next, london on the verge of electing its first muslim mayor who has been linked to an isis supporter. we'll be back. ♪ ♪ my dad gave me those shares, you know. he ran that company. i get it. but you know i think you own too much. gotta manage your risk. an honest opinion is how edward jones makes sense of investing. poallergies?reather.

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stuart: i'm going to call this purchase a dead flat market despite a weak jobs report. but we're down just four points now, 17,6. let's go to south carolina where a parole board has decided to grant early release to a teenager. he was inspired by isis and, ashley, i believe he was accused of and convicted of plotting to kill u.s. soldiers. >> yeah, he was. he was actually convicted on a

gun charge, but authorities in south carolina say this was a young man -- they have not identified him, just as a 17-year-old american citizen belonging to a syrian family -- had said that he was attracted to the i islamic -- islamic states. he was given a five-year sentence, but he was never charged with federal terrorism charges on those threats or those beliefs that he held. is so, you know, he's being released one year after a five-year sentence local law enforcement are furious about it and blame the feds for not stepping in and increasing the charges leveled against this -- stuart: he's out after one year. >> exactly. stuart: got it. londoners going to find out today if they have elected their first-ever muslim mayor. he is the son of pakistani immigrants and, yes, he is a muslim, and he was seen with an isis supporter. that was part of the debate. he's got a real chance to win, and we'll have the results in a

couple of hours probably. judy miller's with us, author of "the story: a reporter's journey." bigger picture here, is what this -- if he wins, if a muslim becomes the mayor of london -- >> oh, i think he is going to win. he's 11 points ahead, so he is the next mayor of london which is the first muslim mayor of london. stuart: of a major european city. >> absolutely. stuart: what's going to be the reaction across europe? because the muslim question is a question. >> i think we've already seen not only a growing muslim population in europe, but we've seen a reaction to it from the right. the extreme right. so i think you're going to have, as the muslim population of europe becomes larger, the growth of the extreme right. you're going to see a reaction to that phenomenon which is pretty much unstoppable at this point, stuart. stuart: yeah, but what about -- i don't quite know how to put this, but the birthrate amongst muslims. take britain, for example. it's extremely high. >> yes.

it's a one out of three muslims in london at the moment in the u.k. is actually under 15. so in some cities we now have in the school system, for example, in barreling ham, the -- birmingham, the population is 80% muslim. we're well over the 50% mark in some cities. so you really do have the kind of muslimization or islamization of europe in terms of population. now, whether or not -- i think we have to be careful here to distinguish between extreme muslims which was the charge here against mr. khan which the londoners did not believe because they've elected him, and those who just want to get on with life the way most people do. and i think the test now will be, you know, do these people integrate, a assimilate -- stuart: do they accept western values with regard to, say, gays, women, the separation of church and state? >> that's right. stuart: do they accept those core western values.

if not, then the politics of europe are going to be dramatically affected by opponents of the judeo-christian ethic. >> as we've already seen in germany and the cologne incident you were talking about earlier today. but i think in london the irony was khan is more liberal and more accepting in some of these areas than his counterpart who was zack goldsmith, a jewish englander, british citizen, who was accused of using the muslim card against his rival. it went down very badly in this election. stuart: yes, but how do you defeat a muslim vote in the be city of london which is enormous? i mean, i can't imagine many muslims in london voting for a jewish guy, mr. goldsmith, who was khan's opponent. it's sheer numbers, isn't it? >> well, it's numbers, but you have to remember we're still talking about a population which is 1 to 20. there's 1 muslim for every 20 non-muslims in the u.k., so we shouldn't exaggerate this.

but in certain areas where muslims have immigrated and where they've congregated, yes, they are going to control local politics, and we have to adjust to that and get used to it. the issue is what do they say? do they accept western values or not? and in the case of khan, most of the people who turned out to vote today believe that he has accepted it and that this charge that he had dealings with isis was not true and it was unfair. stuart: well, we're going to get results, i think, within a couple of hours. as you say, he's probably going to win. >> he's probably going to win. >> david cameron is going to win because he's huge in the labour party, a huge supporter of the e.u -- >> that's a great point. >> absolutely. and if we can also point out that going from boris johnson to khan is like in the united states going from a barack obama to a -- stuart: to a donald trump. [laughter] almost. >> almost. as big a shift. judy, thank you very much, indeed.

we have a story for you, it is tailor made for "varney & company." it includes vegans making death threats against a come bawlz it was revealed -- couple because it was revealed they ate a ham hamberger. they're business owners. and parents posting a video of their baby floating in a pool causing hot debate on the internet. where do you stand on this one, parents? more "varney" after this. >> don't like it. [ soft music ]

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with xfinity x1. shoah, ha ha.ew artist. show me top male artist. my whole belieber fan group. it's not a competition, but if it was i won. xfinity x1 lets you access the greatest library of billboard music awards moments, simply by using your voice. the billboard music awards, live sunday may 22nd, 8/5 pacific, only on abc. stuart: goldman sachs has raised the price target on that stock, yelp. they say it's going to go to $26 a share. it's at $25.25, up 17% as we speak. all right, take a look at these pictures. this started with a police chase in california. that's a black mercedes --

>> low speed. stuart: -- low speed. the cops chased him a significant distance, shot out a tire on one of those -- they put them across the road. >> yeah, yeah, the spike strip. stuart: okay. there's the police chasing him. as you can see, they blocked off the freeway. big deal in california. that's i-91. they blocked it off. i think we've got pictures of the horrendous traffic jam that ensued. in the early evening you could see that traffic blocked for mile after mile after mile all across the freeway. that's the chase. okay. we'll get you the right picture -- >> california screaming again. stuart: yep, california screaming again. [laughter] can you imagine -- >> i lived in southern california, and often in prime time viewing they would have little box in the right-hand corner covering car chases, it became that common. stuart: yes. >> you'd be watching seinfeld -- >> you have to know where they are. stuart: i'm going to stay on california. i've got two well-known vegan

restaurant owners, this is just outside san francisco. those two. they received death threats. why? animal rights activists circulated photos of the couple eating a hamburger. one facebook post read this: hypocrites, hope they will be flame-burned and eaten -- [laughter] death threats may be a little strong -- >> self-righteousness out of the vegan crowd, you know? really, death threats? really. this is a couple that serve 28,000 vegan meals a week, they have chickens on their farm to make eggs, cows on their farm for milk, so they ate a cow, okay. vegans, you're so hypocritical with anonymous death threats -- stuart: i love the expression, ate a cow. >> not the whole cow. but they were vegan for a long time, and they said, quote: it's a personal choice made in the privacy of our own home. apparently, that's not good enough. >> and farm. stuart: you don't eat meat in private. don't you dare do that in

public. >> or you'll be threatened by the vegan crowd. stuart: i think we better move on. >> please. stuart: donald trump feeling the love in coal country getting big support in west virginia. he put the hard hat on, they liked that. question: how many but collar workers across the country are going to go for trump this year? that's a very good question after that reception in west virginia. thank you. he straightened his hair out. that's what a hard hat will do for you. meanwhile, anti-hillary protests in california. you're looking at bernie sanders supporters. democrats are split. see the mexican flag in the background there? okay. question: could hillary end up losing in the formerly golden state in november? what? do you think the republican could win statewide in california this year? good question. more "varney" after this.

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♪ stuart: we will start with the price of oil going up right now. $44 a barrel. canada fires could take 1 million barrels a day off-line. that is why the prices up that 44. higher profit and sales at herbalife. we had a new high of 66. back up a little. sixty-six. two jobs and the economy. joining us today is charles payne. * although wildly popular spinoff, making money with charles payne and lenore hawkins. welcome to the program. charles, first to you. not very good job numbers. i pose the question, are we spiraling down to recession?

>> we are seeing an economy that has the ability to do great things. this is the best we can get. we're cleaning on for dear life. it is really muscle memory that has us where we are. entrepreneurship is that a low. they are not investing in equipment, class and now people. >> major companies made. low-paying services economy. they are very different. >> an economy where the little guy gets bought by the big guy because there's so much regulation, so much taxation. it reduces employment. the big vibe by the little guy, you typically lay some people off. it reduces competition. you do not get as much innovation. stuart: they just cannot handle it. >> exactly. just bumping along as charles said.

bad news for hillary because she is tied to the economy. she keeps seeing a lot of the same things. following a lot of the same policies. not doing anything new. it will be better. trump, also has his series of challenges from a whole different perspective. a little bit more of an unknown. we know what we will get to a large extent. he says rather outrageous things. he will say, no, no, that is not exactly what i meant. that unpredictability is difficult for businesses. >> that is true. >> a prime example of that. refinancing the debt. we can refinance the debt. >> and haircuts. that makes sense.

>> when the world is on fire. everyone in the world knows. >> now we have a candidate that is saying this. stuart: politics in the markets. usa today says the market will react badly to donald trump because he is unpredictable. ashley: a clear vision of what his policies are. i am concerned that i do not know what they are right now. stuart: hillary, on the other hand, the same usa today article, better with the market with her because we know what we will get. >> we do know what we will get. less unpredictability. trump has been so down on trade. on importing a product. stuart: you are a republican. >> yes. stuart: can you see supporting

trump? >> it will be tough for me. he wants to raise import prices. half of our imports go to manufacturing other products. stuart: if you do not vote for him, hillary wins. >> west virginia. you will see him. put it on right there. it was a rally last night. before trump took the stage, the miner who confronted hillary clinton, he was given a standing ovation. watch this. [cheering and applause] stuart: okay. you did not see him on camera. that was a standing ovation. you will see him. that was the man. he was a guy that confronted hillary clinton about laying off coal miners. i am drawing from that rallied the other night, that donald trump could attract the support of a bout of blue-collar guys in america. >> him and bernie sanders have leveraged.

they wrongly got over 60%. here is the thing. pennsylvania, ohio. those are the blue-collar places where donald trump has the best chance of winning and upsetting the democrats. stuart: ohio. >> i cannot resist. >> eating pizza with a nice little fork. >> a nicer for. >> and elitist. [laughter] charles: he was so neat and proper. i respected him. >> we have another, i will call it in incremental development in

the hillary e-mail scandal. the fbi has interviewed some of her closer aids. it is in incremental movement. they are coming in they can fast. charles: it is coming to a head. you are seeing the mainstream media already saying that this does not matter. it is not a big deal. you see president obama and his team say let's get it done now. >> mrs. clinton has said that nobody on their staff has been contacted by the fbi. >> you would not vote for trump necessarily. [laughter] >> i just have to say. to canada, please. those wildfires spreading out across the oil sands region. jeff flock is in chicago with a trade oil. what kind of impacts are they having? jeff: the information that you just reported, that is the

estimate in terms of how much oil production is being taken off-line. 1 million barrels a day. that has lifted futures about $0.30. fairly flat or down. you know, the picture, the picture of this is what has really fueled the rally in oil. it is called, somewhat. the fact is, despite the dramatic pictures we see, no oil wells or oil operations have been affected by this directly. it is just the people that have been evacuated did a had to shut their production down. it is not like infrastructure is being burned up. a better sense than people are realizing. it may not be as bad as it looks. still, a lot of oil. stuart: it is. indeed. human, humanity catastrophe. 90,000 people. jeff, thank you very much indeed did stocks that are moving.

stocks with fire i. a web security company. it was once a tech darling. not doing so hot today. down 18%. you used to like that stop. where was it? about 60 or 70? charles: you know, moving the ceo out. i think that this is the good news. initially, it under 50 million on the top. now it is 800 million. no support until about $12. it is in that awkward position right now. see sweep. maybe a while before you start to see it. stuart: a computer security company going down. >> it just tells a story. a lot of that is because this is more vote we saw in the economy.

you are paying for a dream. a lot of them did not have the cash flow earnings. at some point it matters. stuart: excuse me. i thought that you are all politics. do you know about this? >> you never know what can come out of his mouth. [laughter] stuart: we are a financial program. [laughter] >> i am a financial advisor. i just wrote a book on investing. stuart: what is it called? >> cocktail investing. stuart: we will talk about that at some time. a baby. allowed to float on its own. goes into the pool. the parents are watching. the parents good parents? bad parents? what is your judgment? we will discuss shortly.

hold on. hold on. there is more. you want more, charles payne. here is what you have to do. you have to tune in tonight. making money with charles payne. it is doing well. 6:00 o'clock tonight on the fox business network. charles payne will be there. charles: i will have a trump supporter from wall street. changes in the economic policy. stuart: trump for the irs. congress wants to know where they got the money to hire hundreds of new employees. we would all like to know. a split in the gop. not attending the convention. speaker speaker brian says he is not ready yet to back donald trump. if the republicans do not rally behind trump, are they handing the election to hillary? good question. ♪

>> remember finding a company starts at 9:00 a.m. eastern. here is what you missed last hour. a split on the gop. >> listen to what ryan said yesterday. i do not expect donald trump to adopt my policies. they can agree to disagree. it is not a deal killer. on the other hand, people close to ryan said look at the things that ryan has taken the trouble

to publicly rebuke trump about. the comment on david duke and the kkk. the muslim man. the violence of trump rallies. deeply disturbing paul ryan. you want some sort of in assurance. toning it down in the future. ♪

>> the 500 is now just a tad negative for that year. stocks on a broad-based indicator like the s&p shows no movement and no real movement down. we are dead flat on the market overall. jcpenney. it is short of money. money is tight, they say. and expense challenge. they have frozen over time. down 8%. charles: jpmorgan just raised its target price. seven dollars to $10. stuart: i am going the wrong direction. >> we got this from the irs.

they found enough money to hire 700 new workers. liz? where did they get the money from? >> here is what is going on. really angry and members of congress. we need more money. we need more money for our budget. tax returns only 8%. $11 billion is what they have. what are they doing with the money? that is what congress has repeatedly asked them to do. the auditor's books. what do they do? 700 more to get the audit raised up. give us more money. give us more money. stuart: more money out of the population. stuart: you know we're going to move along because it is friday. we do not want to get all of it. the bushes. john mccain, mitt romney.

they say that they are against donald trump. not going to support him. speaker brian said he cannot support, trump yet. at this point. he will meet next week. come on and from the weekly standard. fox news contributor. i smell the makings of a fixer of a more unified party. it is in everybody's interest to get together and unified. it may provide the starting point for unity. what say you? >> i think that that is possible. it is not paul ryan. it is donald trump. expecting the party to unify. people like paul ryan and others will just walked into his lap he had they will not do that. if you want to unify the party, trump has to go out himself. unify it.

talk to republicans. he has no relationship, really. a democrat until 2012. he has to change his plan now and be the moving force. >> he does hold a very strong hand. he said on fox this morning. i am the guy that brought in millions of people to the republican party. if you do not support me, if you do not unify, you handed the election to hillary clinton. >> it is a powerful argument. on the other hand, so many house members and senators, particularly those up for reelection. they look at trump slightly differently. maybe more than slightly differently. they seized him as someone that make it harder to get reelected. somehow, their chances of reelection will be minimized.

he has to deal with that problem. >> the argument on the republican side is that trump needs their money. it will cost a billion dollars to run this election. trump will not fund that himself. i have to have their money. i have to make nice to them. there is arguments on both sides here. that is why i suggest that they alternately come together with a rather unenthusiastic message here. >> i think that they will. trump is going to have to make some concessions here. what is paul ryan's biggest achievement as congress? entitlement reform on the map as a republican issue. he thinks that it is crucial. trump does not want to do it. there are other issues. there is immigration. there is trade and so on.

i think that it is something that i think trump will trouble have to back off on and say reducing the deficit. we will have to do some entitlement reform. stuart: just wonderful for us. is it not. got it. [laughter] >> i love every minute of it. >> i do, too. the man who is challenging paul ryan for his congressional seat. he is a republican. he is a businessman. challenging to an arm wrestling contest. so much for the apology. donald trump a racist. more varney in a moment. ♪ ♪

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blame someone like debbie waterman scholz. protecting the front runner hillary clinton. manufactured controversies with a data breach. a major democratic vendor. she is manufactured every type of controversy. >> talking about the republicans trying to get some unity to fix this between trump and the republican party. that may be a fixable problem. hillary and bernie. is that fixable? >> i do not think that there is any reconciliation to be had here. she picks sanders as a running mate. i think that there is bad blood between these two groups. certainly between their reporters. i think that it will be rough. it is amazing. we thought that we would go into the republican convention. i would be really the mold

churros. it looks like that is really the convention that will have all kinds of turmoil. stuart: someone that is inside the democrat party. how many bernie supporters would actually vote for donald trump? the proportion of people voting for trump. >> right now, i saw a recent poll that that 40% of people said they were supporting sanders. they could never support hillary clinton. will we start to litigate hillary's past, from her time as u.s. senator, i think that this number could change. talking about campaign finance reform. if donald's trump starts speaking in these terms i think you could get a lot of supporters. stuart: thank you very much. appreciate it. we will see you again soon. >> how would you like a monthly

paycheck from the government? it is a proposal in switzerland. coming up. millions of dollars mistakingly deposited into your bank account. what would you do? we have the full story in a few minutes. ♪

♪ stuart: tom petty's version of "taxman". let me tell you. we are playing it in honor of the mayor of california. apple is based. tim cook talking about apple. they should be paying a lot more in local taxes. more of that later on this program. we are down now. sixty, 65 points. we have a week dollar. a week economy.

the market does not like it. how about this. fairly good news from an oil company. higher profits. transocean. up over 5%. jcpenney. the new york post says money is tight. they are cutting payroll in they have frozen over time. the stock is down 8%. how about interest rates. that yield on the 10 year treasury is only 1.75% did that is a negative indicator for the economy. joining us is our is morgan ortega, ashley webster and cheryl casone. back in the 2012 election campaign, in his second term, he would create 1 million manufacturing jobs. 600,000 short. what do you make of this?

breaking news, a politician lied. >> he did not live. >> i think, when you look at what is happening in the global economy, demand is coming down each quarter. there is no realistic way he will make up to 600,000 jobs that he is in the hole. >> those manufacturing jobs are going. we have had more regulation. in the past seven years then even in the clinton administration. without the proper tax incentives, i am not surprised that manufacturing jobs are leaving this country. stuart: are you a trump supporter? >> i understand where he is coming from. we should be looking at a regulatory system. how do we incentives size coming to the u.s. instead.

>> how about this. the former president of mexico, he made headlines. he would apologize to donald trump. now listen to what he actually said just yesterday on this network. >> that is what we all perceive. >> okay. it does not look like an apology to me. >> being interviewed by maria. does not really apologize for that either. come on down to mexico. we will chat. realizing that donald trump will be like this. he does not seem to be apologetic. >> he is brilliant at marketing.

>> that is precisely the kind of thing that donald trump wants to do. go right at him. speak freely. >> america needs to stand up. >> i agree with that. the next president will have to do this. >> 4% growth. we would leave the world with a nasty looking recession. now, this. we moved quickly here. hundreds protesting hillary clinton and east los angeles last night. mexican flags. most of the demonstrators were pro- bernie sanders. here is a question, cheryl. do you think that hillary could lose california in the primary to bernie sanders? >> no, i do not. i do not take that they will go to the polls. the disruptors, if you will, 25

years old and under. i do not name that they will go out and vote. being a part of the democratic party. his message resonates with us. hillary takes california. >> i think one of the upside is some of these people do not go out and vote. >> i am kidding. stuart: cue the music right there. [laughter] the whole paradigm has shifted. republican versus democrat. donald trump and bernie sanders have both blown up the system. even if hillary comes out with the nomination, we will enter an entirely new paradigm. >> fairpoint. fairpoint. staying on hillary. a new development in the e-mail scandal.

including longtime advisor uma aberdeen. this is an incremental movement. and incremental development. they have been so thick and fast. it seems like the whole thing is coming to a head. what do you say? >> it reminds me, when people are confounded, people are voting for trump's in sanders. this is why. doing things that any of us would not get the same treatment for. and incremental step forward. the bigger story to the american people is if your last name is clinton do you get away with stuff that the average joe would not? >> no. all right. ashley, what do you say? >> an investigation that just will not go away. very interesting.

one has immunity. this is all coming to a head this month, i believe. she ought to be worried. i think that there will be very interesting decisions made here. >> she is protected. this will not come down, in my opinion. >> i hear what you are saying. if the fbi recommends charges, indictment in the white house says, no, we will not do that, a huge scandal. people in the fbi will resign. she loses anyway. >> that person could end up being president.

>> coming right out of there with nothing. i guess you are right. the white house has admitted that we were kind of played high selling. admitting to using reporters and nonprofits as public relations tools. specifically, with iran. essentially, it is a strong word. did they apply to the american people by using the media in this fashion? deliberately using? >> i spent a lot of time in the middle east. pushing around the sanctions. seeing this in the paper. the obama advisers on the record to the "new york times." the american people. we spun the story. we applied. if you look at it this way, we actually negotiated the provisions and 2012.

they had an utter contempt for spinning the american people. spinning the media. that is what was so brazenly ere again. confounding to me. >> that is therefore the rapid fire. thank you very much indeed. our next guest says the battle between hillary clinton and donald trump compared to an episode of survivor. there is an comparison for you. ed rollins is here. i think of a real battle. [laughter] >> explain yourself. >> there will be bombs on all sides. depending on where you sit. >> it will be very entertaining. i think that it will be a very clear collection by the time we are finished. tough primaries.

trump has won his much easier than she had. i think that they key thing here is who is the leader. who can project leadership qualities. speaking of one of my mentors. it looks like she became a right winger. >> at the end of the day, the problem hillary has is no one believes her. there is dishonesty in there. there is no question that she violated the rules and regulations. i do not know if she gets indicted or not. the fbi director will question him herself. he has all the questions and he has all the answers. the big question is will she perch or self under oath? >> that is pretty strong stuff. look at the trump side of things for a second.

trump versus those that do not like trump. they are trying to come together. he had 17 candidates who started. some very significant players. each with their own constituency group. most people, including myself, never expected trump to be the nominee. stuart: to think that there will be an a semblance of unity? >> i do. equally important. i think that they will come together very quickly. by the time we get to convention. two months away. certainly the fall campaign. >> got it. thank you very much indeed. the man taking on paul ryan in the republican congressional race in wisconsin. he is a businessman that rides a

harley. he has even john trying to an arm wrestling contest. he is on the show. in moments. ♪ you wouldn't order szechuan without checking the spice level. it really opens the passages. waiter. water. so why would you invest without checking brokercheck? check your broker with brokercheck.

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>> a couple of stocks making news. starting out with yelp. the stock is rallying, clearly. that stock is up 18%. herbalife. up on a january down day. they have reported higher profits and sales. earlier they hit 66. that is a new record high. let's go to london. the city is on the verge of you like in its first muslim mayor. we hear that 50%, some of them are muslim. we also hear that 30% of muslims in london are under the age of 15.

>> one in four under the age of 10. >> families from pakistan. being a little controversial. the party was being criticized for saying he had been on stage multiple times with a cleric who was definitely and made statements in support of isis. it remains controversial, but it does not matter. that is big repercussions across europe. stuart: it does. the most important city and all of europe. it is a huge city. it now has a muslim mayor. it has the writing on the wall. political and cultural shift. >> it will continue to happen as we move forward. >> i understand in the year 2020, four years away, half the population of holland is muslim.

that is four years from now. let me get this right, half the population, i am not sure exactly what it is -- >> i 2020. by 2020. >> it was a good cause to bring in refugees. plenty of children that deserved it. the violence in the terrorism. >> there is another argument. stuart: i use that word advisedly by a religion that does not, in my opinion, conform to the judeo-christian effort. >> what i am saying is it is already happening. they cannot stop it. they cannot stop it.

stuart: joining us now, the man who is running against paul ryan in the republican primary contest. paul nealon wants to take over the congressional seat in wisconsin. welcome to the program, sir. great to see you. i understand that you oppose paul ryan. i've got that. do you therefore support donald trump? >> well, you know, i saw this interview yesterday where paul ryan came out. that was a paste interview. paul ryan taped that ahead of time. it was not that he accidentally stepped into something. i am not surprised about it, really. >> paul ryan put out that statement yesterday. he is not yet ready to support donald trump. we got that. we are running against ryan in his congressional district. do you support trump?

>> i am for the will of the people for this country that cast a vote. part of a never trump and never cruz and never ran to paul. they have been part of the never anybody but the establishment group. that is wrong. that is not a representative government. we have a voting process here. >> the people have spoken. donald trump is the candidate did he is the nominee. are you going to support it? >> we have not gone through our convention process yet. they have to follow through on this. following through on what they have done. i am running for a job here. i am running for a job in

wisconsin's first district. i will listen to my voters. i will vote their conscience. >> i am for trump. i am for this. i am for that. trump is the guy. he is the guy. >> you lead with a mandate. that is absolutely what you do. i am listening to my people here. >> that is paul ryan. hash tag only me. that is what paul ryan is. he has been the hash tag never trump. hash tag never said cruz. he is now the hash tag only me. stuart: i would really like to know if you are running with donald trump. come back and tell us sometime. paul kneeland. the first congressional district in wisconsin.

thank you, sir. apple which is home-based, apple needs to pay a whole lot more in local taxes. he wiljoin us in a moment. ♪ which can travel to the brain and cause a stroke. pradaxa was better than warfarin at reducing stroke risk in a study. in the rare event of an emergency, pradaxa has a specific reversal treatment to help you clot normally again. pradaxa is not for people who have had a heart valve replacement. don't stop taking pradaxa without talking to your doctor. stopping increases your risk of stroke or blood clots. ask your doctor if you need to stop pradaxa before any planned medical or dental procedure. pradaxa can cause serious, and sometimes, fatal bleeding. don't take pradaxa if you have abnormal bleeding. and seek immediate medical care for unexpected signs of bleeding, like unusual bruising. pradaxa may increase your bleeding risk

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their option is understandable after what trump said about them. but many republicans are reluctant to win them over, some want trump to apologize for some of the things he said. others want to shift in

policy, especially on trade and social issues. or a new presidential sort of tone. who knows how far trump will actually go. but at the end of the day, trump has two very purposeful arguments. first, he's the guy who brought in all those voters to the primaries. turn out way up. and there is no question who they turned out for. he knows that's a very strong card to play. in a party which until he came along, had been relying on its coffee club base. second, the ultimate argument. if you don't unite around me, hillary is the next president. hard to argue with that. so next week, trump meets with paul ryan, speaker of the house and chair of the convince. it will be a negotiation. trump looks like he holds the best cards. odds are, in my opinion, that the compromise coming euro

trump's favor. unity of sorts without much enthusiasm. bottom line? it's trump's party now. accept it or lose the election there are two billion people

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election. stuart: the price much oil is now up, reaching $45 a barrel. latest estimates suggest that those fires in canada right

around the oil patch in canada could take a million barrels of oil a day out of the supply chain. that's why the price is up. here's a barometer of our economy. interest rates. that looks -- now, you might not know this, but that's a ten-year treasury yield, a key barometer, it's all the way down to 1.75%. historically very low. that implies very weak economic growth in america. major antihillary clinton protest in california last night. bernie sanders supporters out in force calling hillary a liar. some of them waved the mexican flag and screamed never hillary. roy murdock is with us. just bear with me for a minute. i think the it display of mexican flag on american soil is an absolute outrage. i want to rant about this for a couple of minutes but i cut

myself short and let you get to it. >> i think if you're waiving the mexico flag at the cinco de mayo festival, that's fine. but if it's used as a political area. stuart: and i think it drives people toward trump. that's my opinion. do you share that? >> i think it does. if there were people of mexican or hispanic backing say they're great they're mexicans like us. but they're saying we're not assimilating and, by the way, california is basically northern mexico. stuart: that was quite a split among democrats revealed last night and has been revealed in the primaries earlier. now, i think this is a fundamental split just as bad as the split within the republican party. what say you? >> i think there is a split between the pro bernie people and the pro hillary people. a lot of the pro bernie people have no trust for hillary clinton. they think she's shady, she's crooked, they wonder why she will not release the

transcripts of her speeches on wall street and think she's not up to good. and people who have come up and been to rallies like 27,000 people, i think most of them are going to stay home and not support hillary clinton. stuart: could many bernie supporters support trump do you think? >> i think some would. some are i'm not crazy about trump's protectionist message, but if it's a tight race, 10, 15% of the sanders people switching over to trump, that could be a difference. stuart: the nontrump republicans are going to hurt him. does bernie hurt hillary as much as the republicans hurting trump? >> that's a good question. i think that there -- it all depends how things shake out. i think if donald trump comes out and talks pro market, limited government conservative form kind of ideas, i think people will say, well, maybe this guy is more reasonable to work with. if he continues to talk about things that are not part of the conservative orthodox, a

lot of people stay away or vote for hillary clinton. stuart: let's go to the republican side. i think you are a republican am i right of saying that? >> that's correct. stuart: a free market kind of guy. >> pro market reaganite. stuart: okay. can you see yourself ultimately supporting donald trump in the general? can you do it? >> listen, my journey was scott walker, fiorina, marco, ted cruz, and now the fifth man standing is it donald trump. donald trump is not the ghost of ronald reagan or thomas jefferson. he probably will be running against hillary clinton, and i do not want to see her in the white house. stuart: that's his ultimate argument, isn't it? or it's hillary. >> hillary is a far left wing socialist, on top of that an ongoing rap sheet of one scandal after outrage, and i think if she gets in be she will not only be far left but driven by revenge and vindictive attitude that it's time to get even with her enemies and it will be ugly, and i don't want to see that. stuart: rap sheet.

a rap sheet. >> rap sheet. stuart: thank you very much for being here. >> thank you, stuart,. stuart: i'm going to call it an i think messages development in the hillary clinton scandal. the fbi interviewing some of her closest aids. all rise judge andrew napolitano joins us this morning. he's on the phone, but that's better than not being here at all. judge, welcome to the program. >> always a pleasure, stuart, no matter the distance between us. stuart: now, the washington post says -- and let me talk about this first. that they don't -- investigators can't find malicious intent in hillary clinton's handling of e-mails. sounds to me like they're softening the treatment of what she did making it politically okay if you ask me. what do you say? >> sounds to me they don't know what they're talking about, stuart. the concept of intent while the government must prove that in nearly all criminal cases in federal court is irrelevant

in espionage cases. espionage, the failure to keep secure state secrets that have been entrusted to your care is one of the rare federal crimes that may be proven without the government having to prove intent. and the author of that article and editors at the washington post ought to know that. on the other hand, there is evidence of her intent. there is an e-mail, stuart, in which she said to one of her aids, simply remove the word secret from that secret document and fax it to me from your home fax machine to mine. now, that shows a specific intent to remove state secrets from a secure environment to a nonsecure environment. that's icing on the cake for the feds because they don't need to show that. stuart: okay. what do you make of this -- you and i have discussed this many times. the incremental movement which

we keep seeing, almost daily developments in the scandal, i get the impression that it's coming to a head, there's more and more of these developments all the time. do you agree with that on me? >> yes, i do. yes, i do. i believe that the interviews of mrs. clinton's closest aides have been completed and they're now going to ask her for an interview and at the conclusion of that interview if she does it, the investigation will be complete. remember they are also interviewing this character we talked about yesterday, gusifer who either will or will not demonstrate the nature in which international elements that may wish us harm, in fact, did hack into her e-mails. stuart: 20 seconds left, judge, can you give us any kind of time frame. i don't suppose you can, but have a stab at it, if you could. >> before the democratic national convention. stuart: so within two months. >> yes. yes, i think so. and i'm going to say what i've said 100 times before. if they don't present this

evidence to a grand jury, the political firestorm will consume her political career. because the public record, the publicly known evidence of her guilt is overwhelming. stuart: judge napolitano joining us by phone. we will see you live and in the flesh on monday. >> enjoy the weekend. stuart: yes, sir. thank you. now this. i think we should sound the trumpets on this one. cheryl ca is here. got a new book. there it is. now, this is serious stuff. this is about women getting back into the workforce after they have had. >> yeah. stuart: now, you went out. you interviewed hundreds of women who tried to do that. >> and did it. they were successful. and it was hard. and it was hard because there was a double standard. you've been sitting at home raising kids for five yards. what are you going to bring to this company? i had a mom, a 22-year-old hr person who said, well, you have kids, this job involves travel. i don't think it's right for you.

true story. one of the stories of so many that i found. stuart: however, if a lady goes away, has children, leaves the job, attempts to come back to that job later. >> uh-huh. stuart: the employer could say wait a minute, you've been out of the workforce, you've not kept up to date what this job requires whether it's technical or professional, you're not up to date, sorry you're not quite right for the job. you can't call that discrimination. >> it is a form of discrimination. nobody gets stupid. stuart: but you're not up to speed on the job. >> i interviewed a harvard educated attorney who took three years off from the workforce. she could only get contract work. because there's this assumption that you're sitting around doing nothing for those five years when, in fact, you're keeping very busy and a lot of these women learn to keep their skills up to date during that time. and that's why i wrote the book because other women can learn from this. learn just because you have children doesn't mean that you're not a valuable part of

the american workforce and that you don't deserve to make your come back and make great money. you should be making great money. stuart: put it on the screen again. let me see that title again, please. can you put it up there? what's it called? >> the come back. the come back. reenter the workplace. stuart: well done, cheryl. congratulations. >> thank you. thank you. stuart: good luck to you. here's a question for you. what would you do if you looked at your bank account and saw an extra $4 million isn't it? just like that? would you spend it? after the break, one woman did get the money in her account. she landed in jail, by the way,

way. >> i'm nicole petallides with your fox business brief. stocks right now just turned into the green. the dow jones industrial average up two points. still certainly down for the week. down over a half of 1% for this week. the s&p 500 down three, the nasdaq down savings and loan. we're seeing health care, utilities under pressure while energy and telecom stocks gain. here's a look at some of the dow laggers, goldman sachs, health, and nike.

also looking at endointernational, hurting all of these specialty drug makers across the board, including valiant, which you can see is to the downside. and then we're looking at act vision and that one is on the move. for the game maker call of duty and the like. so that is a mover to the upside. start your day fbn 5:00 a.m. more varney after the break

. stuart: now, here's a mover for you. endo. it's a drug maker. do you know that they make the painkiller percocet? they have slashed their revenue and profit forecast and the stock is down 40%. biggest loser by far in the s&p 500. the percocet maker. way down. and now this. residents of switzerland, adults that is, may get a tax-free income of 2800. every one of them. ashley: every swiss adult will get what they call a basic income. this is part of an initiative that got more than 100,000 signatures, which means they can vote on it. and who wouldn't vote for it; right? it basically says that it would ensure for the swiss a dignified existence. people living in more -- more expensive areas will get more of those in cheaper areas get slightly less. stuart: you're kidding me?

ashley: yeah, they're going to grade it the way you live. now, want this represent a third of switzerland's gdp. but the reasoning behind it is i much rather have people spend the money than the government. they're part of the society, they get to decide what they want to do with their money. stuart: and where does the money come from? ashley: the same people who put it in. it's not going to pass. at least it's a long shot. let's put it that way. it's amusing. >> it's socialism. stuart: thank you, cheryl. >> this is exactly why the bernie sanders crowd is running around saying i would like free college and free booze and food and housing. of course if you're going to hand out free stuff. people are going to say that's wonderful. stuart: all you have to have is 100,000 signatures. ashley: 100,000 signatures. stuart: and 8 million people, and it's on the ballot. i've got to move on. a woman has been arrested on fraud charges. she allegedly got $4.6 million

just accidentally transferred into her account. she spent some of the money, 3 million of it. and now i believe she has been arrested and she's in jail. i think that's correct. emily, you've been following this story. she's in jail? she was arrested? wait a minute. if that's correct, she's getting the blame for what the bank or somebody did transferred the money four years ago into her account. >> you're right. so a month shy of her 18th birthday she opened an account, and she was granted this clerical error unlimited overdraft. so over the course of four years, she with drew over $4 million, spent the night in jail when the feds finally caught up with her in australia. but here's the fortunately. the two crimes she's charged with which is dishonestly obtaining. these are serious charges in australia. they each bring to them five to ten years of penalty.

and it accounts for the fact that it's inadvertent. they specifically say recklessness and negligence isn't okay. so she's on the hook for 20 plus years in prison for a clerical error. stuart: but it wasn't like 4 million was shifted to her account. but she opened an account and got an up limited overdraft. is that what happened? >> correct. and the magistrate here seems to sympathize if not empathize with her saying, look, these aren't proceeds of crime. this is money we dream of. but this same thing happens in our country a lot. with people social security administration, for example, they'll receive overpayments. pass their eligibility, they don't even realize it, and then one day the government knocks and says, oh, by the way, you owe us hundreds of thousands of dollars or thousands of dollars and there's a division between the fraud unit and being on the hook for the money. they may not go to jail, but they have significant bills they cannot pay back. stuart: i'm going to move on to the facebook lawsuit.

here's how i'm going to try to explain it. if you and i have a picture taken, and it appears on facebook, we will be tagged. our names will appear across the bottom. emily, stuart varney. there is a lawsuit which says we don't want that. that's an invasion if our price. stop it, facebook. that's the lawsuit now in progress. have i got it right? >> you do and the same argument here goes with what feature can you use to turn it off? so here facebook is going to counter argue, well, you don't have to be tagged in certain photos. that's the feature, for example, in twitter that you can shut it off. but i don't see this as succeeding very far. although i do see facebook changing their features in response into to avoid future lawsuits and potential class action. stuart: but facebook wants that information. they want to know what you look like and what your name is. so they'll fight hard to keep this, i suspect. >> well, and everything that they do has to do on the basis of their privacy definitely or -- i'm sorry their argument that basically access to information.

trumps the privacy on our side. so i agree with you they will fight hard, but i don't think they're going to let this go so far as to potentially have a huge ruling in court. stuart: fascinating, emily, you believe your homework for us, and we really like that. thank you very much indeed. emily, lawyer. [laughter] i mean it in the nicest possible way. ashley: uh-huh. stuart: i do. next. next. the mayor of cupertino, california says apple needs to pay more local taxes. he's going to join us in a momet you both have a

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. stuart: our next guest is the mayor of cupertino, california. that's where apple is headquartered. now, the mayor has said apple, pay more in local taxes. you are abusing my city of cupertino, california. your honor, barry chang is with us now. okay, your honor. let's get right down to basics here. number within you, how much does apple pay to your city in local taxes right now? b how much do you want them to pay? >> it's about $18 million right now. and i want them to pay about

$41 million, $23 million for the transportation because the resident here to traffic is so bad, they cannot get around. and it's all stuck in the traffic. and then we -- silicon valley is the high-tech center of the world. but then our public transit system is so embarrassing. really embarrassing. when i say this, of course i offend a lot of people. but this is the problem we have to face. if we don't face the problem, we are not going to solve it. stuart: so as i understand it, you tried to visit apple's headquarters. did they throw you out or something? you didn't have secure pass? what happened? >> no. that's not the case. misquoted. i did not say apple abuse us. i just asked them to pay more taxes. but they misquoted. okay. that's one point. the other point is i did visit apple headquarters, tried to talk to their executive.

but then the receptionist was so cold, and she said you don't have an appointment, you have to leave. so i left. i did not get thrown out. no, no one drag me out of apple headquarters. stuart: your honor, we've been showing our viewers pictures of the construction of the brand-new apple headquarters. >> right. stuart: i think they're spending 5 billion on it, and it's called the spaceship by some people. >> right. stuart: i presume that when that is occupied, when they move in, they will be paying a lot more in local property taxes. is that accurate? >> correct. because i negotiated with them more than 12 times. i worked really hard. and then have them pay 30% more sales tax to our city. so which is quite not easy because most people know that apple doesn't pay federal government; right? stuart: all right. >> but what i'm looking at is this is a much bigger problem for our society, not only cupertino, not only silicon valley, not only california, it is entire country.

because if you look at the rich get richer and then the poorer get poorer, middle class is dwindling and every member say the have willing to share with the have-nots then there's a piece of history. but when the have not willing to share with have not, there is war. so we're in the same boat. we have to work together so that the rich people should share, in my opinion,. stuart: we hear you, your honor. we do hear you, and you made a good case for that. you're getting 18 million, you want 41. we'll remember that. come and see us again and tell us how much you actually get them for. barry chang, everyone. mayor of cupertino, california with a big smile. more varney after this

stuart: 20 seconds. ashley, the most interesting story of the day. ashley: first time in the history of london a mayor well

ahead in the polling, and there he is. stuart: cheryl, most interesting story. >> my book. the come back. moms reenter the workplace. successfully. available now. stuart: on top of the women business category. >> i just hit number one on the women in business category. thank you. stuart: it's 12:00 noon. neil, it's yours. neil: thank you very much, stuart. we've got a lot more focusing from the president trying to do a lot more explaining on the jobs report, have some folks thinking the r word, recession. this is what we know right now. stocks are down but not as down as they were growing confidence because the report was so awful, the federal reserve certainly would try to hike interest rates in the middle of that. these guys often get it wrong. but i just deposit that out there for a quick snapshot. all right. ahead of, we've got dagen, dr barton, smart trade founder. dagen, to you.