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.

Published: July 27, 2020, 5:12 p.m.

b'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\\u2019s Monday, let\\u2019s make a move.\\nTo learn more about how CNN protects listener privacy, visit cnn.com/privacy\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'