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New car purchases are at the lowest levels in 10 years. Nearly all major carmakers reported steep sales declines for June. Derek Mattsson, head of Vehix.com, says consumers are still favoring cars like the Honda Civic at the expense of U.S. vehicles.

Up to 20 percent of soldiers who have fought in Iraq say they sustained a brain injury. Most with a severe brain injury never return to active duty. Army Spc. Freddy Meyers was shot in the head last May and initially could neither talk nor walk. Now he wants to go back to duty.

News of Ted Stevens' indictment for allegedly failing to disclose services he received from a private company drew mixed reactions from his Senate colleagues. The Alaska senator, who faces seven felony counts, has allies on both sides of the aisle and has declared his innocence.

Gen. David Petraeus, who once led U.S. troops in Iraq, becomes head of the U.S. Central Command Friday. That position includes responsibility for the war in Afghanistan. Petraeus already has endorsed reaching out to less-extreme Taliban elements. He also is expected to send more troops and air power to support the war in Afghanistan.

Rock critic Ken Tucker reviews Tell-Tale Signs: The Bootleg Series, Vol 8. It is the latest in Columbia Records' officially-released collection of previously unreleased or alternate tracks by Bob Dylan.

There is a growing confrontation between the Israeli government and radical Jewish settlers in the occupied West Bank. After security forces destroyed an unauthorized settler outpost, the settlers called for violence against Israeli soldiers and rampaged through a Palestinian village. Senior Israeli officials are pushing for tougher action against the right-wing settlers.

Barack Obama has been elected president with 52 percent of the popular vote. A day after the result, he named his transition team. Obama will have to navigate between lawmakers like Rep. Charlie Rangel (D-N.Y.), who wants new spending programs, and blue dog Democrats who want to work with pay-go rules.

Since slipping behind in the polls, Republican hopeful John McCain has been intensifying his attacks on Democrat Barack Obama. Mindful that the economy is uppermost in voters' minds, McCain repeated Wednesday the proposal he floated in Tuesday's debate: having the government come directly to the aid of people whose homes have lost value and who can't meet their monthly payments.

The federal government has lent $170 billion to troubled insurance giant AIG to prevent its collapse. There's been criticism of that bailout, but it pales when compared to widespread outrage over the $165 million that AIG paid recently in employee bonuses. Republicans have gone on the offensive against the Obama administration, while Democrats are scrambling to recoup the bonus payments.

The federal government has ordered some of the nation's largest banks to raise a total of $75 billion. The Treasury Department revealed the results of its so called "stress tests" to assess the health of the financial system. Bank of America, Wells Fargo, Citigroup and others will be required to raise more capital.