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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.

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 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.

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.

Israel held elections Tuesday and preliminary results show both Likud's Benjamin Netanyahu and Kadima's Tzipi Livni claiming victory. The results are a sign of the difficult coalition government talks to come.

Carmen Herrera was making art in the '50s and '60s but her male counterparts were getting all of the attention. Now, she's still hard at work and finally getting some long overdue recognition.

Concerns rise for Mitch McConnell after he froze at another press conference. Flood risks remain after Idalia swept the Southeast. A fire in Johannesburg has killed more than 70 people, many homeless.

With smaller, fragmented audiences, water-cooler TV moments now are few and far between. But you can scratch that itch on social media, posting about your daily puzzle habit.

The '50 City College of New York Beavers were the only team to win the NIT and the NCAA tournaments. Matthew Goodman's book details how a point-shaving plot came to dominate the team's legacy.