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6:52am

Wed January 25, 2012
NPR Story

Tax Returns Show Romney's Complicated Fiances

Republican presidential candidate Mitt Romney earned more than $42 million over the past two years — the bulk of it from an array of stocks and investment funds. And he paid about 15 percent of what he made in taxes. The release of some 500 pages of tax returns give a much fuller picture of how he made his money and what he did with it.

6:50am

Wed January 25, 2012
Politics

Mixed Evidence Of Obama's Post-Partisan Presidency

In an article in The New Yorker, author Ryan Lizza describes President Obama as someone who spoke of a post-partisan world but also made calculated political moves. The article is called "The Obama Memos." Steve Inskeep talks to Lizza about the president's State of the Union address.

6:41am

Wed January 25, 2012
Africa

U.S. Raid Frees American, Dane Held In Somalia

U.S. military forces helicoptered into Somalia in a raid Wednesday and freed two hostages. An American and a Dane had been kidnapped two months ago.

6:36am

Wed January 25, 2012
Africa

Egyptians Look Back On 1 Year Since The Revolution

It was year ago Wednesday that Egyptians first rose against then President Hosni Mubarak in a tour de force that drove him from power. A lot has changed for Egyptians this past year. They elected their first free parliament in six decades. And Islamists, long banned by Mubarak, are now the country's main political force.

6:00am

Wed January 25, 2012
It's All Politics

Obama, At Crossroads, Takes Different Route Than Clinton In '96

Credit Brendan Smialowski / Getty Images
In the final State of the Union address of his term, President Obama called for an economy "where everyone gets a fair shot."

As the president delivered the final State of the Union address of his term before a looming re-election battle, he looked out at a sea of angry and skeptical Republicans who had fought him on budgets, government shutdowns, and whether or not to raise the nation's debt ceiling.

And what did President Bill Clinton do in 1996?

He delivered his "the era of big government is over" speech, which The Washington Post summed up this way: "Clinton Embraced GOP Themes in Setting Agenda."

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4:00am

Wed January 25, 2012
Analysis

Fact Checking: State Of The Union Address

President Obama gave, what his opponents hope, will be his last State of the Union address Tuesday night. To check the facts in the president's speech, Steve Inskeep talks to NPR reporters Tom Gjelten, John Ydstie, David Welna, Elizabeth Shogren and Claudio Sanchez. Steve also talks to David Wessel of "The Wall Street Journal."

4:00am

Wed January 25, 2012
Politics

President To Visit 5 States In 3 Days Including Arizona

President Obama visits Phoenix Wednesday as part of a five-state campaign tour. The campaign thinks it can win Arizona, and that's an unlikely ambition for this conservative state. But Obama might have a chance. Unlikely upsets have dominated Arizona politics lately. The electorate is in flux.

4:00am

Wed January 25, 2012
Business

Federal Reserve To Publish Interest-Rate Projects

The Federal Reserve will announce on Wednesday what officials expect to do with the rates it controls for next couple of years. The Fed will join central banks in Sweden, Norway and New Zealand in relaying information about expectations for short-term interest rates. Renee Montagne talks to David Wessel of The Wall Street Journal about why the Fed is doing this, and the impact it will have.

4:00am

Wed January 25, 2012
Politics

Obama Speech Depicts Country At A Crossroads

President Obama gave his State of the Union address Tuesday night. The speech was one part blueprint for economic cooperation, and one part political warning shot — as Obama prepares for a tough re-election campaign.

4:00am

Wed January 25, 2012
Business

The Last Word In Business

Vancouver, Canada, is laying claim to the most expensive hot dog in the world. Chef Dougie Luv of DougieDog Hot Dogs starts serving his $100 Dragon Dog Wednesday. The hot dog features a foot-long bratwurst which is infused with 100-year-old Louis XIII cognac. That cognac costs more than $2,000 a bottle.

4:00am

Wed January 25, 2012
Business

Holiday Sales Help Boost Apple's Profits

The company earned $13.1 billion in the quarter ended Dec. 31, a record. Sales of iPads were also up — soaring 111 percent from the same quarter a year earlier.

4:00am

Wed January 25, 2012
Business

Japan Details First Trade Deficit Since 1980

The Japanese government has announced that the country's trade balance has gone negative. It's the first time since 1980 that Japan's export-based economy has recorded a trade deficit. Economists say the strength of the yen and weak global demand have hit Japanese exports hard.

4:00am

Wed January 25, 2012
Election 2012

Gingrich Draws Enthusiastic Crowds In Florida

The Republican presidential candidates continue campaigning in Florida in advance of next Tuesdays GOP primary. Newt Gingrich, who is leading the polls, made a series of stops along the state's Gulf Coast. He attacked President Obama for high gas prices.

4:00am

Wed January 25, 2012
Election 2012

Romney Chides Obama For Not Fixing Housing Crisis

Mitt Romney has spent a lot of his time in Florida talking about home foreclosures. The housing crisis is one of the few problems that Romney can use to attack both his Republican rival Newt Gingrich and President Obama.

2:24am

Wed January 25, 2012
Politics

The Markup: Notes On The State Of The Union

  • Obama: 'We Can Either Settle For A Country ...'
  • Melissa Block Talks To Mara Liasson About Obama's Themes Of Equality And Fairness
  • Obama: 'The State Of Our Union Is Getting Stronger ...'
  • Listen To The State Of The Union Address

The text of President Obama's State of the Union address, as delivered:

Thank you. Thank you so much.

Mr. Speaker, Mr. Vice President, members of Congress, distinguished guests, and fellow Americans:

Last month, I went to Andrews Air Force Base and welcomed home some of our last troops to serve in Iraq. Together, we offered a final, proud salute to the colors under which more than a million of our fellow citizens fought — and several thousand gave their lives.

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1:01am

Wed January 25, 2012
The Two-Way

Wisconsin Student Says Athletic Official Reached Into His Pants At Rose Bowl Party

First came sexual-assault allegations against Jerry Sandusky, a former assistant football coach at Penn State. Then, molestation accusations against Bernie Fine, an assistant basketball coach at Syracuse. And now, new details about what led John Chadima, an associate athletic director at Wisconsin, to resign earlier this month.

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12:01am

Wed January 25, 2012
Your Money

How To Avoid 'Bill Shock' From Smartphone Use

Credit Kim Jae-Hwan / AFP/Getty Images
A woman uses her smartphone on a street in Seoul. New rules are on the way to protect consumers from expensive data roaming fees, but for now, phone owners can take steps to help themselves.

Americans who've been traveling abroad are all too often stunned by the size of their mobile phone bill. Even if they aren't actively using their phone, they can rack up hundreds, sometimes thousands, of dollars in charges — resulting in what consumer advocates call "bill shock."

Los Angeles resident Lisa French thought she was being careful when she took her smartphone on a trip to Japan.

"I was advised not to make any phone calls, as phone calls oversees are very, very expensive," she says.

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12:01am

Wed January 25, 2012
Sweetness And Light

As A Coach, Paterno Was One Of A Kind

Credit Patrick Smith / Getty Images
After former Penn State coach Joe Paterno's death was announced Sunday, fans paid their respects at a Paterno statue on campus. Paterno exerted a rare amount of control in his decades coaching football, says Frank Deford.

Now that Joe Paterno has passed on from Happy Valley, we must ponder whether we will ever see his like again.

But please: I am now, you understand, talking about Coach Paterno. Let us, for the moment, put aside how the old citizen whose credo was "Success With Honor" acted with regard to pedophilia: so without sensitivity, so irresponsibly, so –– ultimately –– cold-bloodedly. That will sully Paterno's memory forever.

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12:01am

Wed January 25, 2012
Energy

Is The Booming Natural Gas Industry Overproducing?

Originally published on Wed January 25, 2012 12:25 pm

Credit Spencer Platt / Getty Images
Hydraulic fracturing wells have been producing a tremendous amount of natural gas — far more than the current demand. Above, a Cabot Oil & Gas natural gas drill at a fracking site in South Montrose, Pa.

The practice of hydraulic fracturing — pumping fluid into underground rock to push up natural gas — has its detractors, especially among environmentalists. But it's becoming clear that whatever its drawbacks, "fracking," as it's called, is producing a lot of gas — maybe too much gas.

Fracking was once a small part of the natural gas industry, a technique to get hard-to-reach deposits in underground shale. Then the technology improved, and the dinner bell rang. Everybody wanted in. Now there's so much gas on the market that the price is at a 10-year low.

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12:01am

Wed January 25, 2012
Africa

Nigeria's President Under Pressure To Quell Violence

Credit Aminu Abuabakar / AFP/Getty Images
Nigerian President Goodluck Jonathan (left) walks with the Emir of Kano Ado Bayero during a one-day visit to the city that was rocked by recent attacks.

Kano, the largest city in Nigeria's Muslim north, is an ancient, sprawling city of more than 9 million. Last Friday, the Muslim day of prayers was shattered by a series of coordinated bomb blasts.

Just down the street from one of the main market areas in the city, the street remains blocked off from a police station hit in the attacks. The radical Islamist sect Boko Haram claimed responsibility.

Sagir Ali, a security guard at a parking lot at the market, says he watched as nearby government offices were attacked.

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