After seven years of debate, the Obama administration rejected the proposed Keystone XL pipeline. Obama said the project, which would extend from Canada to Texas, served "no national interest." The New York Times' Coral Davenport explains what's behind the decision. Also on Friday, the October jobs report was released showing over 270,000 jobs added and an unemployment rate down to 5%.

Child poverty is worse now than it was before the Great Recession, despite strides toward economic recovery. That's according to a new report by the Annie E. Casey Foundation, which found that rates were most severe for African-American and Native American children. Gwen Ifill talks to Annie E. Casey Foundation President Patrick McCarthy and Mark Hugo Lopez of the Pew Research Center.

Even as Greece moves closer to a new European bailout deal, the International Monetary Fund has been pushing for debt relief for the struggling nation, adding tension to an already fraught situation. Gwen Ifill speaks to managing director Christine Lagarde about the IMF’s stance.

As bailout talks continue between Greece and other EU members without clear progress, the new Greek government’s election promises seem at odds with economic reality. Gwen Ifill talks to Jacob Kirkegaard of the Peterson Institute for International Economics and journalist John Psaropoulos about the potential for a rude awakening for Greece and its new leaders.

On the Webcast Extra, Doyle McManus of the Los Angeles Times details the coup in Yemen and the struggle the US government may have trying to work with the Houthi rebel group that is now in power.

This week, Islamic State militants released a video showing the barbaric execution of a Jordanian pilot held captive since December. As Jordan stepped up its fight against ISIS, the terrorist group reported that a Jordanian airstrike killed an American aid worker being held hostage. Doyle McManus reports on the global reaction to a particularly gruesome week of fighting.

Since last year’s Detroit Auto Show, gas prices have dropped by nearly a third. With the new lower prices, demand has gone up for big new SUVs and sedans, but automakers have also switched gears to develop more fuel-efficient cars. Gwen Ifill speaks with John Stoll of The Wall Street Journal about the tension between the two trends and convincing car buyers to think long-term.

From good news on the economic front to cultural debates to foreign policy challenges, 2014 was an eventful year. As the year comes to a close, we examine the big stories and how they may impact the year to come. President Obama had a mixed year that saw Democrats lose control of Congress, but in the final weeks the economy was on the upswing.

Encouraging new unemployment figures arrive as Congress debates the budget and tries to avoid a government shutdown. Also, the U.S. hands over some military control in Libya to NATO. Plus, the panel looks at the 2012 GOP hopefuls. Joining Gwen Ifill: Yochi Dreazen, National Journal; Greg Ip, The Economist; Naftali Bendavid, The Wall Street Journal; and Karen Tumulty, The Washington Post.

The economy is the worst it's been in years. Why and how did we get to this point? Also, with all the infighting in Washington these past 3-months, how did the debt deal come together and how will it effect the 2012 elections? Also, voter confidence and its impact on the polls. With Michael Duffy, Time; Deborah Solomon, The Wall Street Journal; and Charles Babington, Associated Press.