Giffords addresses Senate gun hearing

The New York Times: Speaking slowly but with discernible passion, former Representative Gabrielle Giffords, who was critically injured in a mass shooting in Arizona in 2011, addressed the Senate Judiciary Committee on Wednesday in its first hearing since the mass shooting at Sandy Hook Elementary in Newtown, Conn., last month.

U.S. economy shrinks 0.1 percent

Fox News: The country’s fiscal health got a gut-check Wednesday after a report by the Commerce Department showed the U.S. economy unexpectedly shrank in the fourth quarter. Despite stronger consumer spending, it’s the biggest dip the country has seen in three years.