The sudden reversal in oil and gasoline prices is bringing relief to some and complicating business for others.
![[Clinton on Track to be Secretary of State]](http://s.wsj.net/public/resources/images/OB-CS107_hillar_A_20081120233243.jpg)
President-elect Obama is "on track" to nominate Hillary Clinton as secretary of state after Thanksgiving.
![[Michael Mukasey]](http://s.wsj.net/public/resources/images/OB-CS105_mukase_A_20081120231905.jpg)
Attorney General Mukasey collapsed while giving a speech on national security to a prominent conservative lawyers' organization. The state of his health is unknown.
Lawmakers postponed work on a sweeping stimulus package until the new Congress and administration take over next year.
![[Treasury Secretary Henry Paulson defends his approach to resolving the financial crisis in a speech at the Ronald Reagan Presidential Library Thursday.]](http://s.wsj.net/public/resources/images/NA-AU139_PAULSO_A_20081120203832.jpg)
Paulson, under fire for his approach to resolving the financial-sector crisis, defended his actions as "necessary steps to prevent a financial collapse."
Congressional efforts to rescue Detroit's auto makers collapsed, with lawmakers saying the industry lacked credible plans to return to profitability.
U.S. electricity consumption is dropping in unexpected ways, prompting utilities to consider if the shift will require sweeping change in their industry.
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A South Carolina prison's plan to test a jamming system that could curb inmates' illegal cellphone use has sparked interest among lawmakers and law-enforcement groups.
A Tennessee farming company offered to acquire U.S. Sugar in a deal which, if successful, could thwart Florida's plans to restore more of the Everglades.
![[Steinbrenner Passes Torch to Son]](http://s.wsj.net/public/resources/images/MK-AT088_YANKEE_A_20081120181612.jpg)
Major League Baseball's owners approved Hal Steinbrenner to succeed his father, George, as the Yankees's controlling partner.
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Northrop Grumman resumed its attacks on rival Boeing, which won a $40 billion Air Force tanker contract, prompting a rebuke from a Pentagon official.
Boeing will lay off some workers and reduce costs next year to remain competitive amid an expected decrease in Pentagon spending.
A rivalry between NYPD and Justice officials over how to keep New York safe from a terrorist attack has devolved into a feud over the use of national security surveillance wiretaps.
![[Sen. Jay Rockefeller and Rep. Henry Waxman likely will be key figures in debates over telecom legislation.]](http://s.wsj.net/public/resources/images/MK-AT086_TELCO1_A_20081120205558.jpg)
The telecom industry is bracing for a new era of increased regulation under the Obama administration.
New England is headed for a "significant recession" that will strip the region of 250,000 jobs, or about 3.6 % of its employment, economists said.
![[Eric Holder]](http://s.wsj.net/public/resources/images/OB-CR790_holder_A_20081118172311.jpg)
Obama's likely choice for attorney general penned the first federal guidelines for prosecuting corporations. Some lawyers have complained that those guidelines undercut companies' legal rights.
![[A sold sign is displayed in the yard of a house in Clarksville, Tenn., in October.]](http://s.wsj.net/public/resources/images/OB-CS083_numguy_C_20081120182022.jpg)
The one point of widespread agreement in the real-estate industry: there is no single accurate index of home prices.
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![[Andrew Weissmann]](http://s.wsj.net/public/resources/images/NA-AU149_PROS_C_20081120193215.jpg)
Former Justice Department prosecutor, Andrew Weissmann, who helped bring charges against Enron, is now trying to make it harder for prosecutors to charge companies with crimes.
![[Michigan]](http://s.wsj.net/public/resources/images/OB-CS112_michig_C_20081121004557.jpg)
Some of college football's 34 bowls, those quaint relics of a simpler era, may not survive the winter.
![[Washington's Woodstock]](http://s.wsj.net/public/resources/images/OB-CS096_COVERT_C_20081120215019.jpg)
Celebrities, activists and jet-setters are preparing to turn Obama's inauguration into a mix of Woodstock and Martin Luther King Jr.'s 1963 speech on the Mall.
![[Mayor's Wife Gets the Heave-Ho]](http://s.wsj.net/public/resources/images/P1-AN699_WIFEJm_C_20081120215902.jpg)
Kansas City Mayor Mark Funkhouser filed suit against the City's Council after a decision to banish his wife from City Hall.
![[Food Bank]](http://s.wsj.net/public/resources/images/NA-AU104_FOODBA_C_20081119182634.jpg)
As the economy sours, the nation's food banks are struggling to feed a surge of Americans who are worried about finding their next meal.
![[russian economy]](http://s.wsj.net/public/resources/images/NA-AU161_RUSECO_A_20081120184312.jpg)
Russians have begun to feel the chill of the crisis, as it triggers layoffs and wage-payment delays reminiscent of the 1990s.
![[In Crisis, Opportunity for Obama]](http://s.wsj.net/public/resources/images/OB-CS084_obama1_A_20081120182216.jpg)
As economic signs grow ever more grim, the opportunities for the Obama administration to drive through its agenda actually are getting better.




![[In Crisis, Opportunity for Obama]](http://s.wsj.net/public/resources/images/OB-CS084_obama1_A_20081120182216.jpg)
As economic signs grow ever more grim, the opportunities for the Obama administration to drive through its agenda actually are getting better.