President Barack Obama Thursday unveiled his administration’s plans to expand both the scope and power of the “faith-based” initiatives that were introduced eight years ago by the Bush White House… The proposal represents a significant escalation of the assault on the constitutional principle...

Nearly 600K jobs lost in Jan.; more pain ahead Friday February 6, 5:12 pm ET By Jeannine Aversa, AP Economics Writer Employers ax payrolls by most since `74; jobless rate at 7.6 percent, with more pain ahead   WASHINGTON (AP) — The nation lost nearly 600,000 jobs last month, the worst showing...

By Andrea Chang February 3, 2009 Department store giant Macy’s Inc. said Monday that it would cut 7,000 jobs, or 4% of its workforce, as it expected sales to remain sluggish through 2009. No store closings were announced. Staff reductions and other moves to restructure the company’s operations,...