Congressional leaders on Tuesday said they were close to a deal to solve two big issues facing lawmakers — student loan interest rates and federal highway funding.
Both issues with looming deadlines have high stakes for middle-income Americans: If Congress fails to reach agreements by this weekend, the federal highway program would come to a halt, and student loan interest rates would double, to 6.8 percent.
President Obama has been hammering on the issue of student loans for days.
The Oracle Racing AC45 catamarans practice in the San Francisco Bay in February. The AC45 is a smaller version of the AC72, which teams will race in next year's America's Cup Finals in 2013.
Credit Ezra Shaw / Getty Images
The Oracle Racing AC45 catamaran skipped by James Spithill competes in the America's Cup World Series in Cascais, Portugal in August 2011. The Oracle Team USA sailors are also competing in the final leg of this year's regatta in Newport, R.I.
An America's Cup sailing event is being held to Newport, R.I., for the first time in 29 years. Sailors began arriving in Newport last week for the final leg of the America's Cup World Series regatta, which has been held at stops all across the world to gin up excitement for the official America's Cup next year in San Francisco.
James Bendele runs the Falcon Lake Tackle Shop in Zapata, Texas. Bass fishermen flock to the lake, despite the presence of a Mexican drug cartel.
Credit Wade Goodwyn
Tiffany Hartley (left) and family members lay a wreath near where her husband, David, was shot on Falcon Lake in 2010. Authorities say the shooting was the work of a Mexican drug cartel. David's body has never been found.
Mitt Romney's campaign has an obvious challenge: how best to combat charges from the Obama campaign that when the all-but-official Republican nominee was in the private sector, he was heavily involved in offshoring the jobs of U.S. workers?
The nation's housing crisis has touched countless people. Increasingly, the well-off are among them.
Housing counselors around the country say they are seeing more people struggling to keep their million-dollar homes. It's a twist on a familiar story of hardship — but one that involves some very big numbers.
PRI candidate Enrique Pena Nieto campaigns in Mexico City. Pena Nieto is heavily favored in Mexico's presidential election on Sunday. He says his party, which has been out of power for 12 years after ruling for seven decades, has changed its ways.
Credit John Moore / Getty Images
An estimated 100,000 people turned out for Pena Nieto's rally Sunday at Azteca Stadium in Mexico City.
The clear front-runner in Mexico's poll on Sunday is Enrique Pena Nieto, a member of the Institutional Revolutionary Party (PRI), which ran Mexico for 71 years until ousted from power in 2000.
Pena Nieto, 45, insists his party has changed its old authoritarian ways, and he's promised a new approach in the drug war, while saying he will take care of the country's failing education system and boost the salaries of hard-working Mexicans.
The governing board of the University of Virginia decided to reinstate the president it had ousted earlier this month.
The AP reports the 15-member board voted unanimously to give Teresa Sullivan her job back, after it faced scathing criticism for its original decision, which students and faculty thought had been reached in a secretive manner.
"I want to partner with you in bringing about what's best for the university," Sullivan said after the vote.
The swine flu pandemic that raced around the world in 2009 seems like ancient history now.
One reason it's easy to forget is that the H1N1 strain of flu virus turned out to be milder than was originally feared. Still, there's no doubt the flu killed a lot of people around the world. But how many?
"The Muslim Brotherhood and other opponents of military rule were furious when the army-backed interim government empowered soldiers to arrest civilians, effectively reinstating Hosni Mubarak's hated state of emergency, which lapsed on May 31.