by CIO Staff

Optimistic Financial News

Aug 05, 20051 min
IT Leadership

Some upbeat financial news for a Friday: reports the dollar is up against the euro and yen, as a report from the Labor Department revealed employers created 207,000 new U.S. jobs in July. Treasury securities fell after the job and wage gains reinforced expectations that the Federal Reserve will keep raising interest rates into 2006 to keep inflation subdued.