Stocks Plunge for Second Day as CDC Warns Americans About COVID-19, Chance of Severe Illnesses
Stocks slumped again on Wall Street Tuesday, driving the S&P 500 down 3%, piling on losses a day after the market’s biggest drop in two years as fears spread that the growing coronavirus COVID-19 outbreak will put the brakes on the global economy.
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Wall Street plunges on fears of coronavirus pandemic
The S&P 500 and the Dow Jones Industrial Average on Monday suffered their biggest one-day percentage losses in two years after a surge in coronavirus cases outside China fanned worries about the global economic impact of a potential pandemic.
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Candidates rip into Bloomberg, challenge Sanders at Democrats’ Nevada debate
From the opening bell, Democrats unleashed an aggressive verbal assault on New York billionaire Mike Bloomberg and raised new questions about Bernie Sanders’ take-no-prisoners politics in a contentious debate Wednesday night on the Las Vegas Strip.
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Trump budget would cut $4.4T in spending, boosting defense while slashing safety nets, foreign aid
The White House on Sunday unveiled a $4.8 trillion budget proposal that would slash spending dramatically on foreign aid and social safety nets, while including $2 billion for a southern border wall and substantially boosting funding to NASA, the Department of Veterans Affairs and the Department of Homeland Security.
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Trump Says Tariffs on European Cars Are Coming If Trade Deal Falls Through
President Donald Trump told reporters on the sidelines of the World Economic Forum in Switzerland that if an expected trade deal with the European Union falls through, he would press ahead with tariffs on European cars.
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Joe Biden Proposes $1 Trillion in New Corporate Taxes
Democratic presidential candidate Joe Biden proposed nearly $1 trillion in new corporate taxes on Wednesday as he sought to generate more revenue to pay for his policy plans on health care, climate, infrastructure and education.
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