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ARI SHAPIRO, HOST:
Just two summers ago, Bob McDonnell was a rising Republican star. He was governor of Virginia, and he had been considered a possible running mate for Mitt Romney. He was chosen to speak at the Republican national convention.
In about one-third of U.S. households, the sound of a phone or doorbell ringing may trigger a desire to duck.
That's because roughly 77 million adults with a credit file have at least one debt in the collection process, according to a study released by the Urban Institute, a research group. A credit file includes all of the raw data that a credit bureau can use to rank a borrower's creditworthiness.
A U.S. judge says an order she gave late Monday to impound a tanker full of Kurdish oil off the coast of Galveston, Texas, cannot be enforced, Reuters reports. The tanker, carrying $100 million worth of oil from Iraq, was in international waters and could not be seized by U.S. Marshals, the news agency says. It adds: