Consumer stocks help take TSX higher; N.Y. falters despite employment data

The Canadian Press - TORONTO - The Toronto stock market was slightly higher late Thursday morning and headed for one of its strongest annual advances ever for 2009.

Washington Times slashes news staff 40 per cent, ends sports section

The Canadian Press - WASHINGTON - The Washington Times will slash newsroom staff by more than 40 per cent and eliminate its sports section as it revamps to focus on politics, business and...

Tenacious TSX stays afloat

Baystreet.ca - After opening higher, Toronto stocks continued to hover in the positive terrain in early morning deals on Thursday.

Oil hits US$80 a barrel as traders close books on 2009

The Canadian Press - NEW YORK - Oil prices briefly rose above US$80 a barrel on Thursday for the first time in seven weeks as the U.S. dollar sank on the final day of the year.

Jobless claims hit 17-month low

Reuters - WASHINGTON (Reuters) - The number of U.S. workers filing new applications for jobless benefits fell last week to the lowest level in about 17 months, suggesting the economy might be on the...