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LATEST HEADLINES

Cities Torn Over Redevelopment
The federal program to redevelop neighborhoods blighted amid the housing crisis is barely up and running. But already, many localities are frustrated by the small sums involved -- a sign of how efforts to halt the crisis have proven inadequate.
- Map: Troubled Neighborhoods
- Photos: Losing Homes, Saving Subdivisions

Daschle to Reaffirm Health-Care Is Priority
Former Sen. Tom Daschle, a likely Obama cabinet nominee, is kicking off an effort to pass a health-care overhaul.
Detroit Bailout Hits a Bumpy Road
Big Three auto CEOs faced much the same doubts from lawmakers in the first day of their last-ditch return to Congress for a bailout, now put at $34 billion.
- Complete Coverage: Detroit in Crisis

What’s News —

Business & Finance

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Fed Weighs Options
As Europe Cuts Rates
The Fed is considering taking unconventional steps to revive the economy as central banks outside the U.S. cut rates more aggressively.
- Trichet Coaxes Europeans to Shift Gears
- ECB, Bank of England Cut Rates
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Companies Accelerate Layoffs
Companies are shedding workers at an accelerating rate, pushing jobless claims to a 26-year high.
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Believe It or Not, There's a Banker of the Year
American Banker named Bank of America chief Kenneth Lewis as Banker of the Year, for the second time in six years
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Harvard Readies $600 Million Bond Issue
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Oil's Slide Set to Leave Dark Trail
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Bernanke Urges Action on Foreclosures

World & U.S.

Not Right or Left, but Forward
Obama's team is strikingly centrist, a group of people known more for competence than ideology -- reflecting what the nation ordered up in this year's election, writes Gerald Seib.
- Obama's Cabinet: Who's In, Who's Likely
After China Quake, Parents Start Over
Rice Visit Ends, Mumbai Rift Remains

Holiday Shopping

A Deal-Hunter's Guide to the Galaxy
Amid the many sales, there's an art to finding the deepest discounts and knowing the best time to buy.
- Podcast: Benefits for the Bargain-Hunter
- Holiday Sales blog: Discount Fashion Gamble

Health

Safe? Sound? A Parent's Nightmare
A child nearly stops breathing, sending her mother on a quest to learn the cause of her daughter's symptoms.
Surprise Health Bills Incite Anger

Editors' Picks

World

Trichet Coaxes Europeans to Shift Gears
ECB President Trichet is starting to silence criticism that he is responding too slowly to the downturn that may be Europe's worst since World War II.
Recession Clouds Chances for EU Climate Treaty
Putin Tries to Soothe Russians

Business

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Bratz Ruling Hands Mattel Big Choices
A federal judge ordered MGA Entertainment to hand over control of its Bratz dolls to Mattel, Barbie's maker.
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Boeing May Delay 787 Deliveries
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Merrill/BofA Deal Goes to a Vote

Business sponsored by Verizon Wireless

Markets

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Citi Gets Tough With General Growth
Citigroup bought a 5.3% stake in General Growth even as it is playing tough in debt-extension talks. The mall owner faces bankruptcy if it can't extend a big loan with a group including Citi.
For Neuberger Deal, Fateful Few Months
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Citadel's Losses Add to Mr. Griffin's Pain

Tech

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Facebook Pushes New Service
Facebook took a big step towards linking its social network with other Web sites as it announced the general availability of its "Facebook Connect" service.
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AMD Warns of Sharp Sales Drop
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Microsoft Taps Yahoo Veteran

Tech sponsored by AMD. The Future is Fusion

Personal Finance

We Owe $2,000 on Your Credit Card?
Neal Templin on the marital-harmony component of his and his wife's financial decision-making arrangement.
Schwab Has New Rebate Card
Finding an Eco-Friendly Dry Cleaner

Life & Style

Gehry's (Belated) Hometown Triumph
While dramatic in places, Frank Gehry's $276 million renovation of the Art Gallery of Ontario can be refreshingly discreet.
Langella Explores Haunted Soul of Nixon
The Rise of Southern Football

AD: WSJwine – Discover better wine.

Sports

Finding Fun in Fantasy's Dead Zone
Suggestions to satisfy a fantasy addict stuck in the quiet period between the end of football season and the start of baseball.
Can Pacquiao Beat De La Hoya?
College Football's Divisional Dilemma

Opinion

Opinion: Free Plaxico Burress
The football player's impending mandatory sentence highlights the unfairness and unconstitutionality of New York City's draconian gun laws.
Paul Ingrassia: The Latest Song of Detroit
America Needs Its Frontier Spirit

Careers

Time Off for Good Behavior
Want to be charitable in a big way? Consider tapping your employer for support. Although they often don't advertise the fact, many companies are very flexible about backing employees' volunteer efforts.
How to Handle a Lowball Job Offer
A Tale of a Young Boxer's Redemption

Real Estate

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U.S. Eyes Plan
To Lift Home Sales
Pressured to help stem falling home prices and foreclosures, Treasury is considering a temporary government-backed securities effort to get banks to grant new mortgages at rates as low as 4.5%.
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J.P. Morgan Seizes Fund's Collateral
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Whitehall Funds Lose Their Luster

Small Business

How Phelps Became the Face of PureSport
Michael Phelps's celebrity gave a little-known, protein-powder maker the clout to win financing, as well as coveted shelf space.
Discounters Face Fight on Minimum Pricing
Shalom, Kiosk Christmas Shoppers

Film Review

Langella Explores Haunted Soul of Nixon
Mimicry gives way to dark majesty in "Frost/Nixon," a spellbinding film version of Peter Morgan's play.
Measures of Success When Jobless
Dawn Jordan, a Type A personality, has had trouble going through a job search without feeling like a failure. Follow out-of-work professionals in our blog.
In Pictures: Dec. 4
Pakistanis protest as tensions with India rise, Israeli soldiers remove hardline settlers, Muslims mark a key religious festival and more.
Better Scratch That Kindle Off Your List
For the second season, Amazon's Kindle is out of stock. A look at the device and other e-book options.
- BizTech: Sony E-Book Readers Sell After All
America Needs Its Frontier Spirit
"Traits of the frontier" still shape America, even if the left doesn't like it, writes Daniel Henninger.
We Owe $2,000 on Your Credit Card?
Neal Templin on the marital-harmony component of his and his wife's financial decision-making arrangement.
Finding an Eco-Friendly Dry Cleaner
A look at how a handful of dry cleaners hawking "organic" and "eco-friendly" services stacked up.
Bureaucracy Promises Exciting Opportunity
President-elect Obama has promised to make it cool to work for the federal government again. Is that possible?