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Breaking News

Democratic leaders decided to delay a vote on a bailout for auto makers until December and demanded the Big 3 show how the funds would transform their industry. See continuing coverage »

Review & Outlook

A Capital Message
Markets don't like what they hear, and don't hear, from the political class.
The Politics of Entitlement
Alaska puts an end to Ted Stevens's hubris.

Commentary

Obama Should Look Into Putin's Record, Not His Eyes
By Garry Kasparov
The U.S. has the chance for a fresh start on Russia relations.
An Auto Bailout Would Be Terrible for Free Trade
By Matthew J. Slaughter
Does anyone really expect other countries to ignore our subsidies?
Political Diary
The Obamameter Points Left
By John Fund
A revealing look at the incoming White House counsel's past clients.

Today's Columnists

Mad Max and the Meltdown
WONDER LAND
By Daniel Henninger
How we went from Christmas to crisis.
Now Obama Has to Govern
By Karl Rove
There may be more difficulties than he realizes in closing Gitmo.