U.S. budget deficit smaller than expected in February

Reuters: The U.S. government posted a smaller budget deficit than expected in February as receipts came in stronger than in the same period a year ago. The federal government ran $193.5 billion into the red last month, the Treasury Department said on Thursday in a monthly budget statement. Analysts polled by Reuters expected a budget deficit of $212.0 billion.

 

Amazon raises Prime membership fee

New York Times: Amazon announced on Thursday that it would raise its annual shipping fee by 25 percent, right up to - but not over - the psychologically important $99 level. It had originally said it would increase the fee as high as $119, which prompted grumblings among some customers that they might rebel.

 

Exchange CEOs say they are on high alert over cyber security

Reuters: Cyber security is emerging as one of the biggest threats for exchange operators as hackers become more sophisticated in their efforts to disrupt the global financial system, a group of exchange leaders told an industry conference.