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Top 4 Finance Stories to watch out for


Hi,

The finance sector is where things change fast and everyday we come across some new changes being implemented.

So, while you enjoy the weekend, take a sneak peak into the top 4 finance news/stories shared on the web.

  1. $145 Billion In Tax Relief: The President wants the Congress to take steps that would focus on offering tax relief to distressed families to encourage business incentives. The purpose is to create about 500,000 new jobs and avoid economic turn-down.
  2. Credit Card Data on 650,000 Customers Lost: Personal information including Social security numbers of around 650,000 credit card customers of J.C Penny are lost on account of a computer tape that's missing.
  3. Where the Fed's Mortgage Fix Falls Short: Philip van Doorn shares his views on the FED's proposal for amending the Truth –in-Lending Laws ands it’s possible pros and cons.
  4. Recession near - or already here: Fortune Magazine's Poll reveals - More than 3 in 4 Americans say that US economy is already in recession or most likely to be in 2008.

Happy weekend !

[tags]finance news, tax relief, economic recession[/tags]

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