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i will stay with it until we can get it done. >> the negotiations we're having with speaker mccarthy is about the outlines of what the budget will look like, not about default. >> house speaker kevin mccarthy and president joe biden remain on the same page about not letting the u.s. default on its debt, but time is really running out to get a deal in place before the deadline. we'll have much more on the negotiations and that time line in just a moment. plus, a federal judge sends a message to an insurrectionist handing out the longest sentence to a january 6th defendant to date. a...

Or gave enough. >> some observers certainly would point out that desantis has used his office for political purposes quite a bit the last couple of years and sort of his whole ethos. let's talk about the week in desantis, well covered the live stream of the twitter space was pretty glitchy, bad news. the good news, though, that $8 million fund-raising haul. that's a huge number, frankly better than trump's been doing. talk to us about it. >> yeah, it's a big one day number, and better than the six weeks of the trump campaign. on the other hand, the expectation for desantis was so high because ...

All right. it is friday, let's get a check on cnn business. looking at markets around the world, you can see a following suit with what we saw in the u.s. yesterday. europe has opened lower here. the dow had that terrible day yesterday, it tumbled more than 1,000 points, s&p and nasdaq even worse. those are big one day moves here. the market giving up all of the gains made wednesday after jerome powell said that the central bank wasn't considering raising the feds funds interest rate more than half a point at a time. after binge trading, the market up a few points on that news. investors appar...

Er. all right. it is the morning after wall str street's worst day of the year. the dow down more than 3%. the s&p 500 almost 4%. the nasdaq almost 5%. that is such a big one day move. for the nasdaq the worst day since 2020 when the whole pandemic really roiled markets. investors are still worried about the fed's ability to tame inflation. u.s. stock futures also leaning down a little bit, but much more stable than what we saw yesterday. i want to check markets overseas. anna stewart is live in london for us. the fact is after two very good years for stock market investors, a new era is her...

Fears of a slowing u.s. economy on wall street. tokyo, shanghai, all down and wall street a little bit lower here. this is after a drop in december retail sales. the dow fell 104 points, rebounding from a loss z of as much as 235 points, the s&p 500 fell slightly. that snaps a four-day streak. the nasdaq rose just a bit. wall street did not react significantly to the news that president donald trump will sign the spending bill and declare a national emergency but that slow down in retail sales, something that the world's largest economy, that's why around the world you're seeing global markets...