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Obama's Win Stirs Cautious Optimism in Britain
President-elect Barack Obama's election victory has prompted both excitement and reflection among Britons. Margaret Warner reports on the impact of Mr. Obama's win on Britain's relationship with the U.S. and on British expectations for Mr. Obama's leadership.
   
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Retailers Look to Holiday Season for Needed Sales Boost
Amid the shopping frenzy of "Black Friday" -- the traditional after-Thanksgiving kick off to the holiday shopping season -- retailers are looking to holiday sales to boost their sagging balance books. Jeffrey Brown talks to analysts about how the retail industry is faring.
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Food Banks Face Shortages in Economic Downturn
Food banks and charities around the country are experiencing shortages as the economy continues to slide. In a two-part report, Tom Bearden examines how food banks are faring and Ray Suarez talks to analysts about the rising number of Americans using food stamps.
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Iraqi Parliament Approves U.S. Security Deal
Iraq's parliament approved Thursday a security pact with the United States that outlines the withdrawal of U.S. troops by the end of 2011 and may mark a new turn toward Iraqi sovereignty. A reporter in Baghdad discusses the next steps with Judy Woodruff.
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Lincoln, Roosevelt Presidencies Offer Lessons for Obama
Presidents Abraham Lincoln and Franklin Delano Roosevelt both took office during times of crisis, and their leadership may provide President-elect Barack Obama with some insight into the road ahead. Authors with new biographies of Lincoln and FDR examine what Mr. Obama may learn from presidents past.
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| | | | |  | | | Obama's Transition to Power |   | 
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Obama's Economic Strategy Begins to Emerge as Team Takes Shape
In an attempt to combat the economic crisis, President-elect Barack Obama has appointed key members of his economic team, including former Fed Chair Paul Volcker, to lead an economic advisory panel. Two financial writers assess his team and financial recovery plans.
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| | | | | | | | Obama's Transition to Power | |
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Robert Gates' Likely Re-Appointment at the Pentagon Stirs Debate
President-elect Barack Obama will likely ask Defense Secretary Robert Gates to remain as Pentagon Chief when his administration takes over. A retired brigadier general and a former Bush administration official debate the pros and cons of keeping Gates at the helm.
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| | | | | | | | Obama's Transition to Power | |
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Study Shows First-ever Drop in U.S. Cancer Rates
New cancer rates in the United States have declined for the first time and the cancer death rate among men and women has continued to drop, according to a report published Tuesday. A doctor discusses the promising new data with Judy Woodruff.
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Government Widens Support for Home Loans, Credit
In an effort to boost economic activity, the Fed and the Treasury announced new plans to boost consumer spending and aid the housing market. Economic analysts examine the Fed's expanding role in managing the crisis.
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Obama Pledges New Effort to Tighten Federal Budget
President-elect Barack Obama named Peter Orszag as his budget director Tuesday and pledged the rein in the federal budget. Financial experts mull his proposals and weigh in on the complex process of trimming federal programs.
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| | | | | | | | Obama's Transition to Power | |
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Polar Bears Struggle to Survive as Arctic Climate Changes
As climate change threatens polar bears' survival, laws put in place to protect the bears are impacting the Inuit people who have long hunted them. ITN's ITV news reports on the plight of both polar bears and Native people in the Canadian Arctic.
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| | | | | | | | Obama's Transition to Power | |
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Citigroup Averts Collapse With Government Rescue Plan
In an effort to stabilize the teetering American financial giant, the U.S. government stepped up to help Citigroup by injecting $20 billion in capital and agreeing to shoulder most potential losses for the bank's high-risk assets. A New York Times reporter and economic analysts discuss the implications of the rescue.
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Smithsonian Overhaul Ushers in Change at Institution
Recent outrage over the Smithsonian's management practices tarnished the cultural and scientific giant's image. Days after its National Museum of American History reopened in Washington, Jeffrey Brown reports on changes that are underway and new funding challenges.
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French Finance Minister Reflects on Economic Crisis
Despite the deepening global financial crisis, France experienced a slight uptick in economic growth during the third quarter. French Finance Minister Christine Lagarde describes her country's situation in an interview with Margaret Warner.
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Michigan Autoworkers Face Uncertain Future
Prospects for extending a federal rescue package to Detroit's Big Three automakers remain unclear after a congressional effort stalled until December. Paul Solman speaks with autoworkers about how the crisis is affecting them.
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Waxman Ousts Dingell to Head House Energy Committee
In a shift of Democratic leadership, Rep. Henry Waxman, D-Calif., defeated fellow Democrat John Dingell of Michigan in a vote amongst lawmakers over who should chair the House Energy and Commerce Committee. Kwame Holman reports on the move.
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Worsening Economic Crisis Stops Short of Depression
Nobel laureate and economist Robert Solow offers his thoughts on the severity of current economic turmoil and the chances of the situation leading to another Great Depression in a conversation with Paul Solman.
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GM CEO Defends Auto Industry's Bid for Government Aid
Auto industry executives testified before Congress Wednesday, asking lawmakers to provide aid to the struggling companies and responding to criticisms of poor management. General Motors' CEO Rick Wagoner discusses the industry's crisis and his company's case for government help.
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Modern-day Somali Pirates Increase Attacks
Somali pirates are increasing the frequency of their attacks and targeting larger ships, targeting oil supertankers and grain cargo vessels. Experts explain the rise in modern-day piracy and the efforts among the international community to curb the problem.
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| | | | | | | | Somalia's Struggle for Stability | | 
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Obama Cabinet Picks May Face Intense Vetting Process
President-elect Barack Obama's transition team is asking potential appointees for detailed background information, setting the stage for one of the toughest review processes to date. Analysts explain the reasoning behind the intense vetting strategy.
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Struggling Automakers Press Congress for Federal Aid
On Capitol Hill Tuesday, Ben Bernanke and Henry Paulson defended their economic rescue strategy and automakers made their case for federal aid. Senators detail the debate over using bailout funds to help automakers.
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New Democratic Majority in Congress Leans Bipartisan
Although the Senate is poised to have at least a 57-seat Democratic majority, the new Congress has begun to reach across party lines. Analysts mull the pros and cons of the Party's majority, its implications for President-elect Barack Obama and the unresolved Senate races.
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Report Concludes Gulf War Syndrome Is Legitimate Illness
A report released Monday revealed that the mysterious illness affecting veterans exposed to toxins during the 1991 Gulf War is real, making it easier for military personnel to seek federal aid. Research advisory committee chairman James Binns details the findings.
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Citigroup to Cut Jobs, Sell Assets in Financial Crunch
Citigroup announced plans Monday to cut 53,000 jobs worldwide as a result of the worsening global fiscal crisis and large company losses. Roben Farzad of Business Week assesses the financial institution's troubles and how other banks are faring.
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Indian Farmers, Coca-Cola Vie for Scarce Water Supply
In the Indian state of Rajasthsan, farmers have accused Coca-Cola factories of drawing too heavily on the area's water supplies and contributing to pollution. Fred de Sam Lazaro reports on the controversy and the claims of both the company and its critics.
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| | | | | | | | Obama's Transition to Power | |
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FDIC Meets Resistance to Homeowner Aid Proposal
To prevent 1.5 million U.S. homes from facing foreclosure, the Federal Deposit Insurance Corp. made a proposal Friday for lenders, backed by the government, to modify struggling borrowers' loans. A New York Times reporter discusses the agency's plan plus resistance from banks and the Treasury.
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Changes to Bailout Package, Obama Transition Top Week's News
Syndicated columnist Mark Shields and New York Times columnist David Brooks assess the latest changes to the implementation of the $700 billion federal rescue plan, the Obama administration's ongoing transition process and other news of the week.
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Paulson Defends Federal Financial Rescue Effort
Treasury Secretary Henry Paulson defended the changes made to the $700 billion rescue plan aimed at helping consumers. He told the NewsHour he never expected it to lead to a quick recovery of bank lending.
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Republican Governors Assess Party's Future
Republican governors from around the country met Thursday to discuss broadening the party's base and its plans on education, energy and the environment. Govs. Tim Pawlenty of Minnesota and Mark Sanford of South Carolina offer their views.
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World's Oceans Face Problem of Plastic Pollution
Some researchers believe that more than 5 million square miles of the Pacific Ocean has become a soup of plastic confetti. Now, scientists are trying to quantify the problem and are studying how plastic affects fish, marine mammals and birds.
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Economic Slump Hits Residents of 'The Last Best Place'
Twenty years ago, Montana offered sprawling landscapes and inexpensive living, but the economic meltdown is changing life in "the last best place." Guest essayist Scott McMillion of the Montana Quarterly reflects on the changes, including job losses, poverty and tight budgets.
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Help for Burdened Mortgage Borrowers Offers Costs and Benefits
U.S. homeowners have been among the hardest-hit by the global economic meltdown. In the first of a series, analysts discuss the benefits and flaws of governmental and lender recovery plans, including Citibank's offer to modify loan terms for those falling behind.
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Despite Bailout, Budget Strains Worsen for Fannie, AIG
Ailing financial giants Fannie Mae and American International Group will need additional government help, despite rescue measures extended by the federal recovery package. Two financial experts examine the prudence of the bailouts and their shortcomings.
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India's Car Demands Eclipse Environmental Concerns
With a population of more than 1 billion, India has one of the world's greatest demands for automobiles. Fred de Sam Lazaro reports on the growing accessibility to low-cost cars that also leads to more congested roads and carbon emissions.
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Transition Ramps Up as Obama, Bush Meet at White House
Sen. Barack Obama and President Bush met Monday at the White House as speculation about the president-elect's cabinet and which top officials he may retain from the current administration continued to circulate around Washington. A journalist explains the process.
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Parties Seek Consensus on New Financial Stimulus Plan
Congressional leaders and both President Bush and President-elect Obama have stressed the need for another financial stimulus package to jump-start the stalled economy. Economists weigh in on what steps they would take.
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China's Stimulus Package Aims to Boost Economy, Help Avoid Global Recession
Asian and European stocks rose Monday on news of China's $586 billion stimulus plan that aims to restore investors' confidence and shore up markets over the next two years, while sending a message of resolve and financial stability to foreign governments. An economist discusses the plan's implications for China and the world.
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Study Finds Statins Benefit Patients With no History of Heart Problems
A new study released Sunday at an American Heart Association conference found that cholesterol-lowering statin drugs significantly cut the risk of death from heart problems even in those with low cholesterol and risk factors. Two doctors discusses what the findings mean for patients.
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Conflict Over Resources Sparks Renewed Crisis in Congo
Militia violence in eastern Congo has left many civilians dead in its wake. A Hoover Institution fellow and independent journalist details the causes of the fighting, the combatants involved in this civil war and limits on U.N. troops' involvement.
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As U.S. Fiscal Woes Persist, Lawmakers Pledge More Aid
The U.S. economy continued to falter as markets sank sharply Thursday for the second consecutive day. A chief investment officer and a journalist discuss congressional plans to craft a stimulus package later this month and weigh efforts by lawmakers to assist troubled industries.
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Newly Elected Senators Assess Priorities en Route to Capitol Hill
After Tuesday's election, a handful of newly elected U.S. senators will help reshape the Congress. Senators-elect Jim Risch, R-Idaho, Mark Udall, D-Colo., and Sen. Jeff Merkley, D-Ore. assess their goals and what influence they will have on the 111th Congress.
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Obama's Election Win Stirs Worldwide Reactions
The 2008 U.S. presidential election drew strong interest overseas and Barack Obama's victory stirred reactions around the world. Simon Marks offers insight on the global thoughts on, and expectations for, the Obama administration.
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Social Values, Shopping Merge in 'World of Good'
Since 2004, the company World of Good has helped merge consumerism and social consciousness by partnering with retailers to market fair-trade handcrafted items. Spencer Michels reports on the business of combining social values, opportunities for artisans and shopping.
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Obama's Win Earns Emotional Reactions, Turns Page in History
The election of Democratic Sen. Barack Obama presents a new chapter in American history. After a look at how Americans across the country are reacting to the news, a panel of historians discusses the significance of the nation's first black president.
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After Landmark Victory, Challenges Begin for Obama
President-elect Barack Obama rode to victory on a platform of change and unity. Columnists Mark Shields and David Brooks mull the challenges ahead for the Obama administration and reflect on his victory speech.
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| | TUESDAY, November 4, 2008
McCain Concedes Defeat, Says 'American People Have Spoken'
In a speech in Phoenix Tuesday night, Republican John McCain conceded his defeat in the presidential race and congratulated his Democratic rival, Barack Obama, on his historic election to the United States presidency, saying the "American people have spoken."
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Obama Says 'Change Has Come' in Acceptance Speech
Sen. Barack Obama was projected to win the U.S. presidency Tuesday, making him the country's first African-American leader. Following are his remarks to a rally in Chicago's Grant Park as prepared for delivery.
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Economy, Demographic Changes Impact Election Outcome
Demographic changes in some states and worries about the economy have shifted the electoral map this campaign season. Amy Walter and Stuart Rothenberg discuss these significant changes and which voter groups may have had the biggest impact on the presidential election's outcome.
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Voters Document Experience at the Polls on the Web
A spectrum of voting experiences, from first-time thrills to long lines, have been documented by a thousand voters across the country on YouTube's Video Your Vote project, a collaboration with PBS and the NewsHour. Kwame Holman reports on the experiment.
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Voters Encounter Long Lines Amid Heavy Turnout
Polling stations across the nation reported unusually high voter turnout on Tuesday, with many casting ballots encountered long lines. NPR reporter Pam Fessler talks about how polling places fared on Election Day.
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Political History Takes New Course in '08 Election
Elections from both the 1930s and the 1990s have centered on the economy, but the 2008 presidential race featured a unique combination of economic, racial and foreign policy issues. Historians discuss the events and offer some parallels from past elections.
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Campaigns Push for Voter Turnout in Battlegrounds Like Colorado
As election officials prepare for high voter turnout Tuesday, Tom Bearden probes the massive efforts by both campaigns in Colorado to register voters and get them to turn out at the polls. Then, analysts examine strong early voting numbers and demographic shifts.
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Across the World, Woes of Collapsed Bank Spread to Borrowers
A European bank that lent millions to borrowers around the world, including a Wisconsin school district, needs a massive bailout, which has triggered financial woes among its clients. Charles Duhigg of the New York Times and Adam Davidson of NPR explain the trail of the crisis and the struggles ahead.
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