Today’s top news headlines feature advice about protecting consumers’ privacy on Facebook and reasons government layoffs may inhibit economic recovery in small cities. Plus, find out why a strong credit score may help Americans save money.

Credit Score May Facilitate Financial Success CNN Money Experts encourage Americans with excellent credit scores – those above 750 – to use it to their advantage. Professionals say a strong credit rating will not only allow Americans to receive the lowest mortgage and auto rates, but also give them more flexibility in negotiating other terms related to credit cards, vacation rentals and auto insurance premiums.

Local Economic Recovery May Be Hindered By Government Layoffs Reuters Budget shortfalls have prompted many municipalities to layoff scores of government employees, which data shows may have a negative impact on local economies. Research from the Brookings Institute shows 19 of the 20 metropolitan areas in the U.S. that saw economic improvement since the downturn gained government jobs. In contrast, the majority of the municipalities that struggled economically lost government positions.

Put Facebook Security Measures In Place The New York Times Facebook users are encouraged to protect their online privacy by utilizing the social networking website’s security features. Users are advised to change their defaults to limit access to their profiles to friends only, rather than “everyone.” Additionally, preventing tagging in photographs and checking their profiles to see how it will appear to others are steps users can take to protect their privacy.

Effects Of Debit Fee Cap On Consumers Still Unknown Credit.com Small businesses and retailers are anxiously awaiting the new debit card fee cap legislation to take effect, which will limit swipe fees to 12 cents per transaction. Although the rules are expected to save businesses a significant amount each year, the effects of the law on consumers is still largely unknown, with analysts debating whether lower prices will be the result.

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