As jubilant Democrats celebrated the re-election of Barack Obama at his victory party in Chicago, talk quickly turned to how the U.S. president's legacy hinges on his next four years in office and how compromise will be crucial in issues ranging from avoiding another recession to taking the lead on climate change.

The 2012 U.S. presidential election campaign finally comes down to election day and a handful of battleground states that will decide whether Barack Obama gets another four years in office or Mitt Romney replaces him.

Four years ago, Chicago soared, and so did most of the world along with it, when favourite son Barack Obama became America's first black president. Today, though, with an unexpectedly tight race, Chicago's black community is trying not to think the worst, Andrew Davidson reports.

U.S. Republican presidential nominee Mitt Romney's acceptance speech offered an inclusive final message that voters disenchanted with four years of Barack Obama "deserve better."

Mitt Romney is preparing one of the most important speeches of his career for tonight's Republican National Convention. His talk is expected to last 40 minutes and draw an audience of 40 million viewers.

Mitt Romney, the newly minted Republican presidential nominee, will hear supportive speeches today from those who might try to follow his path to the nomination in the future.