On The Money

Shops launch effort to fight cyberattacks

Retailers are creating a new system to share information and help fight cyber threats.

The National Retail Federation announced on Monday that the new platform, modeled after a financial industry forum, is scheduled to be up and running in June. Once operational, the information-sharing and analysis center should help stores beef up their defenses against hackers.

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Read updated budget projections

The Congressional Budget Office on Monday lowered its estimates of projected deficits over the next decade because of lower spending on healthcare.

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