SAN FRANCISCO – The nation’s public schools are falling under severe financial stress as states slash education spending and drain federal stimulus money that staved off deep classroom cuts and widespread job losses. School districts have already suffered big budget cuts since the recession began two years ago, but experts say the cash crunch will get […]

WASHINGTON – Trimming budget deficits is as important as creating jobs to sustain the economic recovery, President Barack Obama said Saturday.

From Bloomberg.com: Jan. 26 (Bloomberg) — Verizon Communications Inc., coping with subscriber losses at its fixed-line phone business, plans to cut about 13,000 jobs at the division this year after posting fourth-quarter revenue that missed analysts’ estimates.