Markets decline again after worst week since 2008. After days of bipartisan negotiations, the Senate failed to muster enough votes to move forward on the $1.8 trillion package. Wall Street is coming off its worst week since 2008 as the threat of a severe recession appeared ever more likely in the face of the spreading coronavirus. Over the past month, stocks have collapsed more than 30 percent, wiping out trillions in value and ending an 11-year bull market. Oil prices, which have collapsed this year, also fell on Sunday evening.

Source: International New York Times March 22, 2020 23:08 UTC