Wall Street traders scrambled to get home or booked hotel rooms on Monday as a potentially historic blizzard bore down on the U.S. northeast, prompting some banks to close branches in the region, though major exchanges said they would remain open as usual. "No one will give me a medal for making it to work after a five-hour commute," said Anurag Bhardwaj, a managing director who works with hedge funds at Barclays Capital in Manhattan, who expected to work from home on Tuesday. Stock exchanges including Intercontinental Exchange Inc's New York Stock Exchange unit, Nasdaq OMX Group , and BATS Global Markets said their exchanges were expected to stay open for normal operating hours Monday and Tuesday. NYSE and BATS have backup data centers in Chicago, while Nasdaq's backup is in Ashburn, Virginia.
WASHINGTON (AP) — Solid economic growth will help the federal budget deficit shrink this year to its lowest level since President Barack Obama took office, according to congressional estimates released Monday.