CNN students news 2011-01-25

(CNNStudentNews)--January25,2011DownloadPDFmapsrelatedtotoday'sshow:TranscriptTHISISARUSHTRANSCRIPT.THISCOPYMAYNOTBEINITSFINALFORMANDMAYBEUPDATED.JOSEPH,NORTHLINNMIDDLESCHOOLSTUDENT:ThisisJosephfromNorthLinnMiddleSchoolinTroyMills,Iowa,andthisepisodeisgoingtobowlyouover!CARLAZUZ,CNNSTUDENTNEWSANCHOR:Thanks,Joseph,andthankstoallofMr.Wheatley'sstudentsatNorthLinnMiddleforthatstrikingintroductiontotoday'sshow.Weloveitandwelookforwardtoyourintroaswell.I'mCarlAzuz.10minutesofcommercial-freeheadlinesarecomingyourwayrightnow!FirstUp:AirportExplosionAZUZ:Firstuptoday,we'rereportingonabombthatwentoffatthebusiestairportinMoscow,Russia.Thishappenedyesterdayaround4:30intheafternoonlocaltime.Russia'spresidentcalleditaterroristattack.Therewerereportsthatitwasdonebyasuicidebomber.Andwhenweputthisshowtogetheryesterday,noonehadclaimedresponsibilityfortheattackandRussianauthoritieshadn'tnamedanysuspects.ThisvideothatwaspostedonYouTubeshowswhattheairportlookedlikeafterthebombing.Youcanseealotofsmokestillintheairhere.Dozensofpeoplewerekilledinthisblast.Morethan150otherswereinjured.Oneterrorismexpertsaidthatairportsusuallyareaprettysecurelocation.So,foranattacklikethistohappenatanairportandfortheresulttobesodevastating,hesaysitmeansthattheattackwasverywellplanned.ThisDayinHistoryAZUZ:ThisDayinHistory:January25,1915--ThefirsttranscontinentaltelephonecalltakesplacebetweenNewYorkandSanFranciscoJanuary25,1924--ThefirstWinterOlympicsbegininFranceJanuary25,1961--PresidentKennedyholdsthefirsttelevisedU.S.presidentialnewsconferenceStateoftheUnionPreviewAZUZ:Tonight,PresidentObamahashisowntelevisedevent:theStateoftheUnionaddress.Andthat'llbefollowedbytheRepublicanresponse.Youcanwatchallofitstartingat9p.m.EasternonCNN.Theeconomy,likelytobeabigpartoftonight'sspeeches.ChristineRomanstalkedtosomeexpertsaboutthestateofsomeimportanteconomicindicators.Christine,whatdoyouhaveforus?CHRISTINEROMANS,CNNBUSINESSCORRESPONDENT:Carl,formostfamilies,ajobandahouseareprobablythetwomostimportantthingsineconomiclife:youpayforyourbillswithone;youliveintheother.So,wespokewithleadingeconomistsandweighedtherecenteconomicreportstodeterminewhetherthestateofjobsandhousingisweak,improving,strongorverystrong.Theconsensus?Thestateofthejobsmarketisimproving.MARKZANDI,CHIEFECONOMIST,MOODY'SANALYTICS:Businessesareveryprofitable,theirbalancesheetsarestrong.It'sincreasinglynolongeraquestionofcantheygooutandhiremore.It'sreallyaquestionofaretheywilling?AndIthinktheywillbecomemorewillingincomingmonths.ROMANS:EconomistsattheNationalAssociationforBusinessEconomics,well,theysay42%ofcompaniesplantohirewithinthenextsixmonths.It'sallonecircle.Asconsumersbuymore,companiesmakemoremoney,andtheyhiremorepeople.Whenhiringimproves,peoplebecomemoreconfident,andtheybuymore.Whenweaskedeconomistswhetherthehousingmarketwasweak,improving,strongorverystrong,economistsdeclaredthehousingmarketremainsweak.Homesalesandhousingconstructionareatverylowlevels,andpricesofhomescouldstabilize,atbest,ormaybeevenfallmore,atworst,throughout2011.Arecordnumberofpeoplehavefallenbehindintheirbills.Lastyear,3,287peopleeverysingledaylosttheirhomesinforeclosure.Anotherfourtofivemillionpeoplethisyearareexpectedtofallbehindintheirhousepayment,whichmeans,Carl,thehousingmarketremainsweakfornow.AZUZ:Okay,thankyouverymuch,Christine.Theeconomy,ofcourse,won'tbetheonlythemeoftonight'sspeeches.KateBolduanjoinsusnowwithapreview.(BEGINVIDEO)BARACKOBAMA,PRESIDENTOFTHEUNITEDSTATESOFAMERICA:Thatiswhyjobsmustbeournumberonefocusin2010...KATEBOLDUAN,CNNCORRESPONDENT,WASHINGTON,D.C.:SimilartohisfirstStateoftheUnionaddress,withunemploymentstillhoveringoverninepercent,PresidentObamainhissecondaddresswillfocuslargelyonjobs.Heofferedapreviewofthespeechinavideotapedmessagetosupporters.OBAMA:Mynumberonefocusisgoingtobemakingsurethatwearecompetitive,thatwearegrowingandwearecreatingjobs,notjustnow,butwellintothefuture.BOLDUAN:Thepresident'spushforjobswillbejoinedbyanotherre-occurringWhiteHousetheme:Americaninnovationandcompetitiveness.OBAMA:We'regoingtohavetoout-innovate,we'regoingtohavetoout-build,we'regoingtohavetoout-compete,we'regoingtohavetoout-educateothercountries.That'sourchallenge.BOLDUAN:Todothat,Mr.Obamawilllikelysay,requiresacombinationoftacklingthefederaldeficitalongwithnewinvestmentsintargetedareas,ashesuggestedlastweekinupstateNewYork.OBAMA:Thatmeansspurringinnovationingrowingindustrieslikecleanenergymanufacturing,thekindofstuffthat'sbeingdonerighthereatthisplant.Ensuringoureconomyisn'theldbackbycrumblingroadsandbrokendowninfrastructure.Itmeanseducatingandtrainingourpeople.BOLDUAN:Butmoregovernmentspendingwillbeatoughsell,asthepresidentisfacingaverydifferentpoliticallandscapethistimearound.RepublicansarenowincontroloftheHouseandhaveastrongerminorityinSenate.REP.ERICCANTOR,HOUSEMAJORITYLEADER:Washingtoninvestmentmeansmorespending,andrightnow,morespendingisanathematowheremostAmericanarerightnow.(ENDVIDEO)ShoutoutTOMEKAJONES,CNNSTUDENTNEWS:Today'sShoutoutgoesouttoBrotherPat'sseniorhonorscivicsclassatE.D.WhiteCatholicHighSchoolin