The Two-Way
10:45 am
Fri December 7, 2012

PHOTO: Obama Receives Concession Call From Mitt Romney

President Barack Obama talks on the phone with former Massachusetts Gov. Mitt Romney in the Presidential Suite at the Fairmont Chicago Millennium Park.
Pete Souza The White House

Originally published on Fri December 7, 2012 12:19 pm

The White House just released a picture by Pete Souza that shows President Obama taking a concession call from Gov. Mitt Romney on election day.

It shows Obama taking the call on a cellphone from the Presidential Suite at the Fairmont Chicago Millennium Park.

Read more
Economy
10:43 am
Fri December 7, 2012

Why A 'Fiscal Cliff' Failure Could Help The Economy

If President Obama and Congress fail to reach a deal on tax and spending changes, the nation would feel a lot of fiscal pain. But it also may benefit from the long-term fiscal restraint that would come from keeping tax hikes and spending cuts in place.
Getty Creative Images

Originally published on Fri December 7, 2012 12:11 pm

It wouldn't be the worst thing that could happen to the country.

If President Obama and Congress can't come to agreement on new tax and spending policies by the end of year, the U.S. could slip into recession, defense and domestic programs will see damaging cuts, and the American people may become convinced that Washington can't govern the nation.

On the other hand, the lack of a deal would do a lot to help erase the federal deficit.

Read more
The Two-Way
10:14 am
Fri December 7, 2012

Three 'Should Read Stories' About The Fiscal Cliff

Speaker of the House John Boehner listens as President Obama speaks during a meeting with bipartisan group of congressional leaders in November.
Pool Getty Images

Originally published on Fri December 7, 2012 11:17 am

The bottom line on the fiscal cliff negotiations on Capitol Hill is that things seem far from resolved. As Politico put it, the last we heard is that White House congressional liaison Rob Nabors went to Capitol Hill to tell lawmakers that President Obama is not budging.

If Congress does not come to an agreement, the country is facing steep spending cuts and tax hikes that economist warn could send the economy back into recession.

Read more
The Two-Way
9:43 am
Fri December 7, 2012

Hamas Leader Khaled Meshal Returns To Gaza Strip After 45-Year Exile

The exiled Hamas chief Khaled Mashaal shakes hands with supporters upon his arrival at Rafah crossing in the southern Gaza Strip.
Suhaib Salem AP

Originally published on Fri December 14, 2012 9:14 am

For the first time since his exile in 1967, the leader of Hamas, Khaled Meshal, returned to the Gaza Strip today. He arrived through the border with Egypt, kissing the ground in celebration and as NPR's Philip Reeves reports, Meshal received a hero's welcome as well as military one.

Read more
The Two-Way
8:35 am
Fri December 7, 2012

Unemployment Rate Drops To 7.7 percent, As Economy Adds 146,000 Jobs

Originally published on Fri December 7, 2012 11:44 am

The unemployment rate dropped to 7.7 percent in November, the Bureau of Labor Statistics says. That's a four-year low.

The economy added 146,000 jobs, beating expectations. Surprisingly the BLS said that Hurricane Sandy "did not substantively impact the national employment and unemployment estimates for November."

The BLS adds that employment increased "in retail trade, professional and business services, and health care."

Read more
The Two-Way
8:03 am
Fri December 7, 2012

Strong Earthquake Strikes Japan, Triggering Small Tsunami

A 7.3-magnitude earthquake stuck the Japanese coast that was battered by 2011's 9.0-magnitude earthquake that triggered a devastating tsunami.

According to NHK, the state broadcaster, the tremor was felt from the coast all the way inland to Tokyo and at least 10 people were injured.

Read more
Books
7:36 am
Fri December 7, 2012

'Gray' Has Random House Employees Seeing Green

Transcript

RENEE MONTAGNE, HOST:

Good morning. I'm Renee Montagne. The publishing industry isn't doing too hot, except Random House, where things got downright steamy this year after it published "Fifty Shades of Grey." That bestselling tale of kinky passion has sold over 60 million copies, which is why Random House employees are now seeing green. The big announcement at the publisher's Christmas party: a $5,000 bonus for every employee, from editors to the mailroom. It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.

Europe
7:26 am
Fri December 7, 2012

Honest Bus Driver Returns Missing Euros

The Austrian press reports after his shift in Vienna, the driver was inspecting his bus and found a bag of cash. Stacks of euros worth $500,000. He gave the money to police, and they tracked down the owner, a 77-year-old woman.

Economy
5:18 am
Fri December 7, 2012

Superstorm Sandy May Hurt November's Jobs Report

Originally published on Fri December 7, 2012 11:51 am

Transcript

RENEE MONTAGNE, HOST:

This is MORNING EDITION, from NPR News. I'm Renee Montagne.

DAVID GREENE, HOST:

Read more
NPR Story
4:51 am
Fri December 7, 2012

Egyptian Protesters Display Newfound Unity

Originally published on Fri December 7, 2012 6:58 am

Transcript

DAVID GREENE, HOST:

Protests in Egypt rage on, despite President Mohammed Morsi's offer in a televised speech last night to meet with his opponents. Demonstrators filled Cairo's streets again today. The opposition in Egypt is confident and they're displaying a newfound unity, something Egypt hasn't seen since the early days of the revolution that ousted Morsi's predecessor, Hosni Mubarak. But as NPR's Soraya Sarhaddi Nelson reports, many question whether this unity will last beyond the ongoing political crisis.

(SOUNDBITE OF PROTEST)

Read more

Pages