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Breaking News Israel and the Palestinians will continue pursuing a peace deal under the Obama administration. Israel's political turmoil has limited the prospects of a deal with the Palestinians before President Bush's term ends, Condoleezza Rice said. A U.S. Senate candidate who was the favorite of a dovish pro-Israel lobbying group won in Oregon. Palestinian militants in Gaza fired five Kassam rockets into Israel, causing no injuries or damage. Leaders of Iran and Hamas expressed hope that Barack Obama would usher in a new era of relations between the United States and the Islamic world. Birthright Israel is cutting its budget by $35 million for 2009.

Featured Stories Philanthropy from Venus: Women and charitable giving Experts are saying that women's philanthropy is a potentially untapped resource. Here, women philanthropists form the UJC volunteer in New Orleans. (UJC) With the economy spiraling downward, some charities are increasing their emphasis on raising money from women donors. Read more » JTA VIDEO: Rabbi comes up short in House bid JTA's Ben Harris spent Election Day with Dennis Shulman, the blind rabbi who ran for Congress from New Jersey. Read more » Cantor moving up in U.S. House The only Jewish Republican in the U.S. House of Representatives is poised to become its second-highest ranking Republican

Editors' Picks

Political Tidbits: The end of neoconservativism? Newsweek looks as the Eric Cantor brand. Jason Zengerle of The New Republic engages in some "Sheldonfreude" following news of top Jewish Republican Sheldon Adelson's financial problems. Gary Rosenblatt on the "scars" in the Jewish community from the campaign. Is this the end of neoconservatism?

Last chance on Iran? Will Israel strike at Iran before Obama takes office? asks Yaakov Lappin in The Jerusalem Post.

The rockets are back An IDF counterterrorist operation in Gaza on Tuesday -- Israel's first operation in the territory since the Hamas-Israel truce took effect in June -- prompted a salvo of rocket attacks against Sderot and southern Israel. Three days on, residents are readjusting to life with the rockets