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Gen. David Petraeus, who once led U.S. troops in Iraq, becomes head of the U.S. Central Command Friday. That position includes responsibility for the war in Afghanistan. Petraeus already has endorsed reaching out to less-extreme Taliban elements. He also is expected to send more troops and air power to support the war in Afghanistan.

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 Prospect 1 New Orleans project is slated to open in November. Dan Cameron, the director of the Contemporary Arts Center, aims to create a citywide, international art event akin to the Venice Bienanle. He sees it as a promotional and healing tool for the city.

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.

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.

As states brace for insurance market instability, some — like Maryland — take aggressive action.

After a war of words between President Trump and North Korea's Kim Jong Un over the ability to launch nuclear attacks from their desks, orders rose for pills to protect against radiation.

Food and Drug Commissioner Scott Gottlieb says he wants to know why drugmakers churn out medicines for some rare diseases but not others.

Turkey dinner with a side dish of death isn't everyone's idea of a festive meal. But end-of-life planning advocates say the holidays are an ideal time to have these conversations with family members.