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Treasury Secretary Timothy Geithner on Tuesday offered details of the Obama administration's revised strategy for rescuing the nation's financial system. NPR's Scott Horsley and Linda Wertheimer discuss the announcement.

President Obama's pledge to set U.S. relations with the Muslim world on a new footing was welcomed at Cairo University, the venue for his much-anticipated address to the Muslim world. Reaction to his remarks on various political issues was mixed, however.

Oil prices are hovering near $120 a barrel and people are wondering what, if anything, can be done to bring prices down. Oil is a commodity — the price of which is set in a global market. Increasingly, oil-producing countries are pointing at the weak dollar as the main factor keeping prices high.

A joint commission of Iraqi and U.S. officials is examining incidents involving the Blackwater security firm, including the deaths of civilians in a melee last week in Baghdad. Prime Minister Maliki is directing harsh rhetoric at the company.

The move reverses course on one of the Justice Department's most controversial decisions during the early stretch of the Biden administration.

The Senate debates a revised financial bailout bill that includes sweeteners to attract votes when it moves to the House. The core remains the same: The government gets $700 billion, incrementally, to buy the troubled assets of financial companies.

Senate Banking Committee Chairman Chris Dodd has unveiled his draft proposal to remake the financial regulatory system. It's a sweeping plan that goes beyond what's being hammered out by the House and the Obama administration.

President Obama called Afghan President Hamid Karzai on Monday to congratulate him on winning a second term. Obama said he is ready to work with Karzai, but wants to write a new chapter in the relationship between the two countries.

Barbara Demick's book Nothing to Envy: Ordinary Lives in North Korea opens with a nighttime satellite image of northeast Asia that shows North Korea, which has little electricity, cloaked in darkness. She says the image conveys much about the way North Korea is perceived.

Police in Cambridge, Mass., have released the 911 tapes and radio dispatches that led officers to the home of Henry Louis Gates Jr. The Harvard scholar's arrest on a disorderly conduct charge sparked a national debate about racial profiling.