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Barack Obama has been elected president with 52 percent of the popular vote. A day after the result, he named his transition team. Obama will have to navigate between lawmakers like Rep. Charlie Rangel (D-N.Y.), who wants new spending programs, and blue dog Democrats who want to work with pay-go rules.

There is a growing confrontation between the Israeli government and radical Jewish settlers in the occupied West Bank. After security forces destroyed an unauthorized settler outpost, the settlers called for violence against Israeli soldiers and rampaged through a Palestinian village. Senior Israeli officials are pushing for tougher action against the right-wing settlers.

The U.S. House has rejected the $700 billion Wall Street bailout plan, ignoring calls for quick passage from the Bush administration and a bipartisan line of congressional leaders. Stocks started to plunge before the final gavel.

A Justice Department report finds that aides to former Attorney General Alberto Gonzales illegally discriminated against job applicants who weren't Republican or conservative loyalists. The report concludes that politics illegally influenced the hiring of career prosecutors and immigration judges.

The current economic climate is prompting investors to ask where the economy is heading. Juli Niemann, an executive vice president at Smith Moore & Company in Saint Louis, says she's discouraging investors both from panic selling and from bargain buying at this point.

A voucher awarded to a company that finds a treatment for a rare childhood disease can be sold to the highest bidder and then used to fast-track the review of another drug. Are the prizes worth it?

After a decision by the U.S. Supreme Court last month reaffirmed a woman's right to an abortion, anti-abortion groups are rethinking their approach. And they don't all agree on the best next steps.

Many brokers feared the new federal health law would make them obsolete. But more than 40 percent of people who signed up for insurance via Kentucky's state exchange used a broker.

The federal government has lent $170 billion to troubled insurance giant AIG to prevent its collapse. There's been criticism of that bailout, but it pales when compared to widespread outrage over the $165 million that AIG paid recently in employee bonuses. Republicans have gone on the offensive against the Obama administration, while Democrats are scrambling to recoup the bonus payments.

The federal government has ordered some of the nation's largest banks to raise a total of $75 billion. The Treasury Department revealed the results of its so called "stress tests" to assess the health of the financial system. Bank of America, Wells Fargo, Citigroup and others will be required to raise more capital.