Tag: financial news

Wilkes-Barre city finance director submits resignation | News

Wilkes-Barre Mayor George Brown’s administration is losing another department head — this time, his finance director, Brett Kittrick.

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Shares fall as S&P 500 caps worst 12 months since 2008

Shares closed decrease throughout the board on Friday to complete off the worst 12 months for the US inventory market because the monetary disaster.

When the 12 months’s closing closing bell rang on Friday, the S&P 500 and Dow have been every off about 0.2%, whereas the tech-heavy Nasdaq fell a extra modest 0.1%.

With Friday’s losses, the S&P 500 fell 19.4% in 2022, its largest calendar-year decline since a 38% drop in 2008. Closing at 3,839.50 on Friday, the S&P 500 now stands on the identical stage as March 2021.

The Nasdaq Composite dropped 33% and stands on the

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