It came down to the wire, but finally, Republicans and Democrats agreed on a deal that keeps the interest rate on government-backed student loans from doubling. It will save the average borrower about $1,000 a year, but the compromise is likely to cost students a lot more than that over the long term.
The agreement that lawmakers passed Friday will keep interest rates at 3.4 percent for another year. Anthony DeLaRosa, a 23-year-old University of Colorado graduate, says it's a big victory.
More than 10,000 athletes are headed to London this summer to run, swim, cycle, shoot, fence and compete in the events of the Olympic Games. Each of them has a story — what they've won, what they've lost and what they've sacrificed just to get their chance to get there.
Chris Cleave's latest novel, Gold, tells the stories of three world-ranked cyclists — Zoe, Jack and Kate — who are training for their last chance at Olympic gold. Zoe and Kate are friends as well as rivals; Jack and Kate are raising an 8-year-old who suffers from leukemia.
It has taken several years of financial upheaval and nearly 20 summits, but the prospect of Europe's disintegration has apparently frightened leaders into working together.
This seems to be the larger message emerging from the European summit in Brussels, Belgium, where EU leaders agreed Friday to a $150 growth plan for the struggling economies across the continent. The deal sent stock markets surging in Europe, the U.S. and elsewhere.