Posted inNation & World

Chinese cities to curb buying cars

BEIJING — More Chinese cities may restrict vehicle purchases in a bid to fight air pollution and traffic congestion, state media reported. With more than 13 million cars sold in China last year, motor vehicles and their emissions have emerged as the chief culprit for the air pollution in large cities. Beijing, Shanghai and two […]

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Posted inNation & World

High cost stalls progress on student-loan rate cut

WASHINGTON — An emerging deal to lower interest rates on student loans hit a major obstacle Thursday after lawmakers were told it carried a $22 billion price tag over the next decade. The proposal was designed to offer Democrats the promise that interest rates would not reach 10 percent and to give Republicans a link […]