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the markets not working as pretty as the outdoor shot, the dow selling off to the tune of 226 points, the s&p is down as is the nasdaq, the 10 year treasury, 11 days in a row of treasury yields. they fell yesterday down again today, 3.65%, the price of oil continues to fall, $68.60 a barrel, decline of about a dollar. bitcoin down $600. we just got the latest read on job openings, the jolts report. you have that number for us? ashley: i do. coming in at 10. one hundred 3 million, the estimate was 1.375. there are more job openings. 9.375 means for every 100

workers, there are 166 open jobs. labor market is out of whack, businesses having a hard time filling positions, which pushes inflation higher. there are a lot of jobs out there for people who want to take them. lauren: that means more work to do and we will get the latest on june 14th. everyone needs to look at this. white women continue to vote republican only to protect the patriarchy. role tape. >> i think white women in particular want to protect the patriarchy because it is to their benefit. they want to make sure their husbands do well and their sons do well and their children do well and they want to make sure they do well. most of the women in these studies are married white women

and they fall in line with what their husbands are doing. lauren: i find that insulting. you are a married white woman. the you fall in line with your husband? liz: everything about that conversation is so offensive and reminds me the only group you could go after these days in slander and say horrible things about his white women. that's literally the case. what is she really talking about? i want my husband, my family, my children and my son to do well. that is something that is really bizarre aspiration. what she's angry about and this is coming up over and over is hillary clinton did not get the vote from white woman, particularly white women without a college degree. if you look at the literature on this topic about whether women vote with their husbands

and whether they are an oppressed group that follow meekly and do what their husbands want, it is not true and i can give plenty of examples of people who vote against their husbands so it's a cancellation vote but that is where it came from, from the fact that hillary clinton thought she was the gift women were looking for, that they were going to put her in the white house, and in her book she blames white women for not giving her the vote. that is why this thing continues to reverberate. it is insulting and offensive. lauren: did you hear this? the actor from dawson's creek called out the dnc for not holding primary debates. >> i cannot get over the fact the democratic national committee is saying there will not be a debate for the nominee

for president. are you kidding me? and 80-year-old man, the oldest sitting president in the history of the country and if he doesn't live, his approval rating, this guy's declining mental faculties. what about the will of the people who voted for the guy last time? of those people 72% think there ought to be a debate, the dnc is openly ignoring, bypassing the voting people. this is not a democracy by the people, this is a democracy by them. >> is the dnc afraid to put biden on a debate stage? liz: of course they aren't president biden is afraid to be on the debate stage. who will be on the debate stage with them him? only rfk junior and marianne williamson. lauren: they are pulling decently. liz: nobody wants joe biden to be the candidate.

70% approval, 70% of democrats don't want joe biden to run. the dnc's job is to make sure he runs it is protected at is the candidate. it's not just saying they won't the bait. lauren: that was an actor who during the pandemic took his six kids from california and moved them to texas. liz: it wasn't just the pandemic. there were a lot of reasons to be in texas versus the pandemic. you wonder who is taking the picture. lauren: he was rolling his kid in a wagon. i'm not positive. nothing around -- >> i would say this. the dnc not only has organized no debates which is ludicrous and people will really not like that. they are on to the fact he is hiding again but they skewed the primary schedule totally for president biden. new hampshire is kicking up a

fuss but south carolina is the first one and that is where his presidential hopefuls were resigned after he did terribly new hampshire and iowa. people forget he wasn't even close to winning in those states. the dnc is all in for joe biden and it is amazing. lauren: good to see you. msnbc's joe scarborough is weighing in on the gop field. ashley, what is he saying about the candidates? ashley: he is saying a lot but he says ron desantis in his opinion can beat donald trump because he's, quote, more competent. watch this. >> ron desantis is even money to be the next republican nominee for president. he can beat donald trump because he is so much more competent than donald trump it is supposed to come without the baggage donald trump has. if he runs as a main street

republican who is for balanced budgets, strong military and small conservatism i think he wins going away and is a formidable opponent for president biden in the fall. ashley: it wasn't all praise. he did criticize desantis's fight with disney and he will have a hard time in a general election after signing a six week heartbeat bill limiting abortion in the state of florida. liz: republican candidates are taking notice of the organization that scanning a lot of headway called moms for liberty. ashley: it's a nationwide organization that didn't exist during the 2020 race but it is an influential force, the group advocates for greater parental involvement in schools that is

helping to shape an education platform. gop candidates are trying to tap into the powerful network. moms for the but he has 100,000 members and they are pushing education policies aimed at limiting teachings, banning books they deem inappropriate and placing limits on transgender students in school sports. the candidates would like to have a conversation with them. lauren: they have some power. back to the markets. may be the fed has some work to do, dow is down 228 points. nice to see you, david, what is your reaction to the 10.1 million jobs being open and that lead up to the may jobs report which comes out friday morning? >> no question the united

states is resilient. the last part of an economy to go is the employment part. no one wants to fire anybody. as an organization we are looking at hiring people. it is difficult to find qualified people. as everything is still working financially, they go 1/4 higher, no one is expecting that. we think they will be higher longer. a lot of work to be done. this economy has been resilient. lauren: after a series of ten interest rate increases the federal reserve cannot break the job markets back. >> they can't and powell is trying to do it. you want us at jackson hole there's going to be a recession, more unemployment coming and ultimately that's the part that gets everyone scared. no one wants to lose their job and not forward everything but

a lot of america is cutting back. we are seeing the numbers come back down as far as spending goes and consumers doing worse. inflation is higher for those make less. lauren: you've been a bear for quite some time. are you still a bear? when is it time to jump back in? >> what we need to see is an official recession, this is most hesitated recession in any of our histories and we know it is coming so when we get back once everything goes on sale, i don't have that crystal ball. we will be seeing numbers come out the next couple quarters that will get nasty. if we see a financial crisis in the banking sector it could be systemic. lauren: that was the narrative we saw in three regional banks

but we moved over to the tech hype and tech is the new safe haven play, the new role, right? >> ai, tech, absolutely, the only thing that has been rounding but that's not enough, a new bull market, we ended the longest boom market in the world's history. things have to cool off. downturns in times of reprieve are normal and healthy but as we see the end of this cycle, that tends to follow with a negative 35% downturn over a 12 month time period. whether you are looking at leading economic indicators and interest rates, bonds, we have a road ahead of us, more like the calm before the storm, not ready to deploy yet. lauren: a big short investor who predicted the 2008 housing

crisis has some fears that history could repeat itself. who is this person and what is he saying? ashley: we hope he is wrong, dave burke, ceo of dell tartaric capital made millions in the subprime mortgage crisis while working for global capital. that story is detailed in the big short but now there's another warning. he believes the mortgage market is overlooking the potential catalyst for another housing crash. he says the research suggests 20% of us homes have meaningful exposure to this pricing issue because of the floods making the housing market worth $200 billion less than the $45.3 trillion it was valued at in 2022. hurricane en left florida homeowners to fight insurance companies but conversation

checks that didn't cover the cost of damage. lauren: thank you. now this. there are calls to boycott disneyland after a fairy godmother with a mustache was seen greeting children at the park. >> i'm here to shop around and make selections for the day. lauren: will cane will deal with disney's awoke agenda. the white house needs 218 votes to pass the mccarthy/biden compromise. the freedom caucus want a better deal, we have the latest on the drama coming up and chinese fighter jet flies close to a us military plane. watch the red circle on your screen. it comes one day after china declined to meet with our defense chief. the growing tensions with beijing next.

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lauren: the ceos of america's largest companies like elon musk and jamie dimon are meeting with chinese officials in china, the first time they are visiting the country in three years since the covid pandemic began. lydia, it feels like they are trying to counter these calls from the white house and others to decouple from china. >> reporter: trying to lock in the business deals they can before tensions could get worse between washington and beijing but jpmorgan ceo jamie dimon is

in shanghai, simon is saying the bank will remain in the communist nation through good and bad times and calling for, quote, real engagement resolve ongoing issues. tesla ceo elon musk is traveling to shanghai from beijing after meeting with china's foreign minister according to the chinese defense ministry musk reportedly said he oppose decoupling describing the countries as inseparable like conjoined twins. tesla did not respond to our request for comment but the meetings with chinese officials come as china rebuffs an invitation from the us government to meet with lloyd austin and questions about whether the business dealings hurt american efforts to gain control over supply chains for semi conductor chips batteries or offer leverage. >> of these businesses will

continue to move to india like apple decided to do. >> reporter: elon musk has been uncharacteristically quiet on twitter, that is his social media platform while he has been in china. that's because twitter is mostly banned in china. unlike tiktok in the united states. something to think about. lauren: you have to have a measured approach. the business community saying different things. >> reporter: interesting to see that elon musk will abide by china's protocols for banning his own social media site. lauren: this video shocked me. a chinese fighter jet swerved in front of a us military plane. if you just watch it, you can

literally see the us jet shake from the chinese jet. unbelievable. congressman brian mast is a republican from florida. we are seeing this aggression in international airspace one day after beijing declined a meeting between the two defense chiefs in us and china. what does this tell you about the bravado of china? >> what's the number one rule of real estate? location, location, location. when talking about foreign policy the number one rule is weakness invites aggression, weakness invites aggression. whether it is russians kissing fuel onto us drones or this, and administration is unwilling to react and go out there and strongly defend american interest, military assets or anything else.

lauren: your take on our key business leaders, elon musk and jamie dimon going to china. >> we are in a different kind of cold war. it's not like the cold war with the soviet union where you had every american company having to be in the fight against communism. you don't have every american company having the back of americans and freedom and democratic systems, they vote to decouple themselves from china. lauren: governor ron desantis went after the woke military saying at a different military than the one he served in and he vowed to make changes if elected. what changes do you want? >> you can't have a woke military. the well-being of servicemembers, their capability to be the most vicious, aggressive war fighters anywhere on the face of the earth with the best assets to help them fight that fight has to be the conduct of the military, not we are going to take someone with gender

dysphoria and use that instead of as a disqualifier as a qualifier to be in a leadership position. that's one problem about the woke ideology, it is hurting everybody's morale and capabilities. lauren: i need to ask about the debt ceiling, the house such to vote on the package tonight. have you made your mind up either way? >> i haven't voiced west my mind is. don't think it's strategic or tactical for me to do so. i wish every other member wouldn't do that as well because it's always a negotiation. the biggest problem on capitol hill is people get themselves locked in a position they can't back out of regardless of what can change in that spread of time. lauren: you have made up your mind but are not sharing it? >> exactly right. lauren: governor ron desantis is slamming the debt deal.

what exactly is he saying is the problem with it? ashley: he calls a, quote, totally inadequate and it does nothing to prevent the country from going broke. >> prior to this deal our country was careening towards bankruptcy. after this deal our country will still be careening towards bankruptcy. we've gotten ourselves on a trajectory since march of 2,020, with the covid spending, totally reset the budget and they are sticking with that and it will be inadequate to get us in a better spot. ashley: desantis says the data bill, nothing more he says than a band-aid to get politicians through the next election. he touted his budget in florida saying the state's spending is the second lowest per capita in the country. lauren: not much text either. now this. first bud light, then target,

now conservatives are calling to boycott chick-fil-a. what did they do? we will tell you how the food chain ruffled people's feathers. near seattle, leading the city officials, please take action, her store suffered a string of break ins. she says the book keeps getting past. she is next. ♪ this thing, it's making me get an ice bath again. what do you mean? these straps are mind-blowing! they collect hundreds of data points like hrv and rem sleep, so you know all you need for recovery. and you are? i'm an investor...in invesco qqq, a fund that gives me access to... nasdaq 100 innovations like...

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lauren: the dow is down 266 points, nasdaq down by 86. pretty solid this month and this year. ashley, you are looking at other movers. look at verizon. ashley: good news for them. they inked a 10 year deal with the u.s. postal service to upgrade their tech and infrastructure. this includes the transition to cloud solutions real-time monitoring and enhancer sequence, software licenses and other hardware, the deal is worth $145 million.

however, talking of hp their ceo says artificial intelligence will cause big changes to your computer in the next 24 months. they are working to build ai capabilities into their pcs. hp said is it is working with chipmakers to integrate new ai designs into its computers. ai is coming. advanced auto parts plummeting, down 32.5% after the company's first-quarter earnings missed wall street estimates. that will do it. executive's cutting nearly guidance and quarterly dividends. the company blaming higher-than-expected costs for sales and inflationary pressure. supply chain problems and an unfavorable product mix. 32.5%. not a good day.

lauren: we were trying to test your eyesight. we put the wrong ticker on the screen. not your problem. ashley: thank you, that explains it. lauren: one business owner in the state of washington calling out minus for doing nothing to crackdown on the rampant crime in her city. she is demanding something be done about repeating break ins the targeted her business. carley willis owns antique marketplace and joins me now. how many times have you been pregnant? >> three at this point. lauren: how many? >> less than a year. lauren: what are they stealing from your shop? how much is it costing you in inventory you are losing and the cost to repair? >> my costs, loss of revenue, loss of revenue from rents that

i lost. it is some merchandise on my part but mostly my dealers are suffering the loss of merchandise. i lost a handful of things and it is the damage that is causing the biggest problem. lauren: when you speak to officials, the police chief, what do they say to you? >> every police officer i have come in contact with after one of these incidents has been downtrodden. their hands are tied because of the bad laws that have been passed in washington state. they are apologetic without being apologetic. i do appreciate their support. lauren: are you open for business now? is your store open? >> it is open. we don't open for another couple hours but it is open.

lauren: you don't have plywood on the doors, doesn't look like a normal business or like you have been vandalized? >> it looks like we have been vandalized. i have a couple sheets of plywood over a 5 x 8 foot door. lauren: is that the norm? our customers used to that so they know they are probably in business or is it a deterrent? >> it is common where we are. it is very common to see plywood over windows and doors. i couldn't see it. it is not a deterrent. it's a sign that a crime has happened there and most people don't like to be around that but i have loyal customers. lauren: will you stay near seattle? >> at this point i don't know. we are considering a move.

lauren: where would you go? >> maybe texas. i recently visited a friend in galveston and loved it down there. lauren: is that what other business leaders are saying? >> we have all at a recent meeting a week or so ago, clearly are not happy with the situation and trying to come up with remedies. time is going to tell at this point. i have every intention of speaking with lawmakers in the next 2024 session about what is going on because they need to know. lauren: one year, three break ins, considering leaving washington state for taxes, thank you for sharing your story.

teenagers in california viciously attacked the group of off-duty marines on memorial day. what happened? ashley: it is disturbing. that minute long video has been posted online and it is jerry but it shows a horrible story. a mob of teenagers attacking three marines in san clemente, california, pretty affluent area. it all began when one of the marines asked the group of teens to stop setting off fireworks on the beach. it did not go down well with the teens. the mob ended up attacking those marines, 40 young adults kicking their victims, those marines were left curled up in the fetal position on the ground, really horrible. bystanders managed to stop the attack. all the victims of this refused medical help when authorities arrived.

police say nine teenagers have been arrested in connection with the attack much four males, one female, assault with a deadly weapon, another four minors charged with misdemeanor, assault and battery, and the investigation goes on. it is horrible at any time, but on memorial day out of control. lauren: i want to know what parents have to say about this behavior. now this. new report says tiktok store americans financial data including social security numbers and stored in china. we have those details. more than 75 ai experts warned artificial intelligence could reach human extinction, companies and militaries around the world race to incorporate the technology into their operations. kelly o'grady has the full report next.

lauren: you are looking at nervousness ahead of the debt ceiling vote, the dow down 286, the nasdaq down 94 points. selling is broad-based. every sector of the s&p are lower today. tiktok stored thousands of social security numbers in china. really? is that the case? how is this happening? ashley: this is according to records obtained by forbes in. tiktok has stored social

security numbers and tax ids in china. tiktok's ceo testified they stored american information in virginia and singapore but this data shows the platform actually stored it in china. they based the findings are documented obtained that included internal communications, audio recordings, video, screen shots and documents labeled privileged and confidential but tiktok maintaining the data is stored outside china and only accessed on as required basis, global engineers. but this is raising plenty of questions. lauren: it has been 7 months since elon musk took over twitter and we ask how much is twitter worth now versus 7 months ago? ashley: a lot less. back to you. a lot less. about 1/3.

1/3 of what elon musk paid. easy for me to laugh. musk bought twitter last year for $44 billion and even the billionaire entrepreneur, the numbers are brutal, the recent estimate puts evaluation at $15 billion, $29 billion less than the selling price. the valuation comes from fidelity's valuation of its own steak. the social media platform has seen an 89% drop in advertising revenue but you know what? elon musk carries on, he smiles, he makes jokes but that is a lot of money. lauren: and does it on twitter but maybe a lot of advertisers are not there anymore. thank you. more experts, 75 additional experts issuing another warning about ai. they say the rising technology could lead to human extinction.

kelly o'grady is in los angeles. how can a computer lead to the extinction of the human race? >> reporter: very dramatic like the terminator or something, but the fears we are creating and trusting technology that could think for itself and that could be really scary. a number of ai leaders signed on to that warning and it said mitigating the risk of extension from ai should be a global priority along with other societal skilled risks like pandemic and nuclear war. it's not the first time we have heard warnings, this after congressional testimony from folks in the ai space at a meeting at the white house with the vp but the alarm bells is growing louder because of the speed at which ai is developing. >> i'm concerned we quickly got power to various ai systems we don't understand and not capable of controlling and then become dependent on it and hope for the best.

>> reporter: the warning that we are doing little to stop the advancement, a isaacs bloating and popularity and despite the potential to eliminate millions of jobs there's a huge opportunity for companies to use it to become more efficient and the reality is ai is being used by industries we engage with in our daily lives and don't realize it. >> it's beneficial for all industries, the arboriculture industry using ai to ensure crops are irrigated in the right way. is used by medical industry to advanced diagnosis, lenders, to ensure consumers who don't have a credit score could get access to financial services. >> reporter: the result of that push and pool is a focus on regulation but for all these warnings from leaders like sam altman it is important to remember the ones unleashing the technology stand to benefit from this economically. back to you. lauren: maybe everybody needs to calm down a little bit.

vice president harris's approval rating sinks to a new low within her own party. we will tell you how the biden campaign team is looking to improve her image as we head into the 2024 election. jamie diamond wants leaders in washington to engage with beijing. this despite growing calls to decouple from china. carlos jimenez is on the china next. ♪ this isn't just freight. these aren't just shipments. they're promises.

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lauren: the dow is down 278 points. the s&p is down 33 in the nasdaq down 74 as we await the vote on the debt ceiling deal. it's the final day of may. take a look at this headline in the new yorker. it reads, quote, the rise of latino white supremacy at a time erasing racial violence, potential perpetrators and

potential victims. a lot to unpack. carlos jimenez, republican from florida joining us now. thank you. you are latino. what is your response to that article. >> if you believe in family values, hard work, the american dream, you hate socialism, makes you a white supremacist because that is not what the democrats believe in. if you don't believe exactly likely democrats believe that makes you something else, makes you a white supremacist. that shows the arrogance of the democrats and that side of their party. if minorities don't think exactly like they do there must be something wrong with us so we are all white supremacist. lauren: i imagine your community is mad. >> my community at least, we

have majority of hispanics in my community are republicans. therefore if we are republicans we must be black supremacist spoke we as we are not democrats. how dare we be republicans. we are hispanic, we can't be. we hate the term latin x. we hate that. that makes us white supremacist. lauren: i need to ask about china. jamie diamond, the head of jpmorgan chase, calling on leaders in washington to engage with china. elon musk just met today with china's foreign minister in beijing but the white house buried its head in the sand as they watch our business leaders, as they watch the military oppression by the chinese as tensions continue to rise. you are on the china committee. what do you make of what's going on, the private sectors leading the way, the administration has their head

in the sand. >> at this point i will disagree with jamie diamond and elon musk. they want to get closer to china, that's a recipe for disaster. we need to start to decouple from china. can't believe what they say to you. most agreements get broken. even though you are looking at short-term profit, for the long-term viability of your company it is best you start to decouple yourself from china. we need to do the same in the united states, stop funding the instrument of what could be our eventual demise. china makes no secret they want to be the dominant economic power and dominant military power in the world by 2049. i don't want my children and grandchildren living in a world dominated by the communist chinese party. lauren: have you told diamond -- jamie diamon or musk that?

>> they have huge operations in china. a good idea to start divesting and seeking other ways to produce phones outside of china because eventually they will eat you up. china has a way of doing business, it's not a win/when or less. they win and you die. eventually, that is what is going to happen to all these companies. time to wake up to the fact the chinese communist party does business, what they are doing around the world, time for us to start to decouple from china. i mean all of us. we need to stop buying chinese goods, start buying american goods or goods made by our allies. every dollar that goes to china funds their aggressive military operations and their very

aggressive economic policies that run counter to our interests. lauren: calling it as he sees it, thank you for the time. president biden's campaign wants to boost support for kamala harris ahead of 2024. what are they doing? ashley: the washington post says biden and the white house are publicly stating harris alongside the president in an effort to bolster her image going to the 24 election. the report said harris was symbolically positioned at the center between biden and house speaker mccarthy during the debt limit negotiations at the white house. the post says i need a done, close biden ally, has been given the job of sketching events for harris especially those focused on abortion and infrastructure spending. harris trying to overcome stumbles and infamous word salads that have left democrats reportedly annoyed by her lack of basic political skills. photos will overcome that. we will see.

lauren: still ahead, will cane, law school commencement speaker claiming american laws promote white supremacy. artificial intelligence being used to stop people. and scott ladner on the fed. he says rate hikes are over. 11 am varney next. ♪ ... easier. hey babe, i think i got it! it's actually... whooooa! ok, show-off! help! oh! only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ what if there was a community of like minded people ready to support you when you need it most?

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