Rate concerns hit Bay, Wall streets: TSX sinks as golds fall with bullion prices; technology shares lead slide in New York

Article Abstract:

Bay Street's key stock index suffered its biggest drop in a month as gold shares fell with bullion prices. Wall street stocks slid for the first trading day in four, on fear, the prospect of rising U.S. interest rates has eroded the profit-growth outlook that fuelled a three-week rally.

Commodity & service prices, Gold Ore Mining, Gold ores, Gold Bullion, Prices and rates, Stock price indexes, Company pricing policy, Stock markets, Stock market

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Strong job creation, dollar gains buoy U.S. economy

Article Abstract:

According to the latest reports released by The United States Labor Department more 132,000 jobs were created in November. The United States economy had more underlying resilience than previously thought.

Employment, Administration of General Economic Programs, Jobs & Employment, Capital funds & cash flow, Dollar (United States), Valuation

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'Job - loss' recovery may cost Bush his job

Article Abstract:

Though the United States remains the largest economy in the world, the trend towards cutting jobs may continue in September too. The reason behind these layoffs is discussed.

Layoffs, Layoff

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