S&P 500 companies suffer worst losses since 2008 global financial meltdown

Stocks saw their worst performance since the 2008 global financial crisis as the Standard & Poor’s 500 Index fell 10 points to close at 3,840 by the end of 2022, CBS News reports. A market-capitalization-weighted index of 500 leading US publicly traded companies and a key gauge of the stock market overall; the S&P 500 index was down 19.4% by the end of last year.

Ex-President Trump Under Pressure Over Tax Returns

Former U.S. President Donald Trump faced more hurdles on his attempted path to re-election Saturday after Democrats in Congress released thousands of pages of what they view as controversial tax returns.

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