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Obama has become only the third U.S. president to win re-election by a narrower margin than his first victory. Having won a second term, Obama will seek to set the nation's agenda on issues ranging from taxes to immigration, but he may continue to struggle in selling his ideas to Congress.

Ohio was supposed to be the pivotal battleground state for both presidential candidates until it wasn't. The vote in Ohio was squeaky close. But still many would argue it didn't decide the election.

For better or worse, the financial markets face a little less uncertainty — investors know who's going to be president for the next four years. Steve Inskeep talks to David Wessel, economics editor of The Wall Street Journal, about what the outcome of the presidential election means for the economy and financial markets.

British Prime Minister David Cameron sent one of the first messages, saying Obama was a "successful American president" and he looked forward to working with him. In Kenya, where Obama's grandmother lives, there was jubilation at the news.

Why didn't the Republicans win the White House Tuesday night? For insight, Steve Inskeep talks to Michael Gerson, a Washington Post colmnist and a former speechwriter for President George W. Bush.

Exit polls also showed that giving legal status to illegal immigrants gained support. Less than a third of voters would like to see working immigrants deported.

Russian President Vladimir Putin sent word welcoming President Obama's re-election. But the Russian government and state-run media sought to discredit the American electoral process.

President Obama won re-election by largely maintaining — and in some cases expanding — support from two key demographics: African-American and Latino voters. For more on these demographics, Renee Montagne and Steve Inskeep speak with Gabriel Sanchez of Latino Decisions and Jason Johnson of The Source.

Some places could see wind of up to 60 mph along with rain and snow. New York and New Jersey have ordered small evacuations.

President Obama has been re-elected. Democrats and Republicans have maintained their respective majorities in the Senate and in the House. So does this mean there will be more partisan gridlock? Fresh Air talks with political analyst Norm Ornstein of the American Enterprise Institute.