Stocks Slide for 2nd Day as U.S. Sounds Alarm on Coronavirus


By Matt Phillips and Keith Bradsher from NYT Business https://ift.tt/2uu4xnL
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New top story from Time: Congress Again Fails to Agree on $2 Trillion Coronavirus Aid Package

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(WASHINGTON) — Tensions flared Monday as Washington strained to respond to the worsening coronavirus outbreak, with Congress arguing over a nearly $2 trillion economic rescue package and an impatient President Donald Trump musing openly about letting the 15-day shutdown expire. As the U.S. braces for an onslaught of sick Americans, and millions are forced indoors to avert a spike that risks overwhelming hospitals, the most ambitious federal intervention in modern times is testing whether Washington can act swiftly to deal with the pandemic on the home front. By evening, there were no further votes set for Monday, as talks pushed into the night. Treasury Secretary Steven Mnuchin said late Monday that negotiators still hoped to “close it out” as he left Senate Democratic leader Chuck Schumer’s office. Near 9 p.m. EDT, Schumer strode to the Senate floor upbeat over “very good discussions.” He said they would keep working. “It’s time to get with the program, time to pass h
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