U.S. Republicans to propose their $1 trillion stimulus plan today. The U.S. consulate in Chengdu is forced to close amid tit-for-tat tension with China. Moderna becomes the first to reach phase 3 trials in the United States.

Alison Kosik is live from New York. Here are the top business news stories today! The big reveal! U.S. Republicans to propose their $1 trillion stimulus plan today. Vaccine milestone! Moderna becomes the first to reach phase 3 trials in the United States. Closed for good - The U.S. consulate in Chengdu is forced to close amid tit-for-tat tension with China. It’s Monday, let’s make a move.

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