1. A third of Americans are delinquent on debt
For 35% of Americans, their debt is so far past due that the account has been closed and placed in collections, according to a study out Tuesday from the Urban Institute. This typically happens after the bill hasn't been paid for 180 days. It also means the debt has been reported to the credit bureau and can affect someone's credit score. The 77 million Americans with debt in collections owe an average of $5,200.
2. Yellen and Federal Reserve colleagues start policy meeting
Federal Reserve policymakers begin a two-day meeting Tuesday and will release a statement on the economy and monetary policy Wednesday afternoon.
3. Former president's love letters to mistress aired
The affair is long over, but former president Warren G. Harding's love letters to his mistress will have a new spark when they're released Tuesday by the Library of Congress. Historians have long known that Harding (president from 1921 until he died in office in 1923) had extramarital affairs with Carrie Fulton Phillips, but now the details will surface. Phillips wasn't even Harding's most famous affair: The President's Daughter is a kiss-and-tell book by Nan Britton, who claimed she had Harding's child.
4. Jury in Jesse Ventura case to return Tuesday
Jurors in former Minnesota governor Jesse Ventura's defamation lawsuit against American Sniper author Chris Kyle went home for the day Monday after hours of deliberations during which they told the judge at one point they didn't think they could reach a unanimous verdict. The jury will be back at 9 a.m. Tuesday. Chris Kyle, who was regarded as the deadliest military sniper in U.S. history, wrote in his best-selling 2012 memoir that he decked Ventura in a California bar in 2006 after Ventura allegedly said Navy SEALs "deserve to lose a few." Ventura, a former SEAL and professional wrestler, testified that Kyle fabricated the passage about punching him and the quote.
5. Obama's phone calls show urgency of world crises
Mounting crises in Ukraine and the Middle East have driven a surge in President Obama's telephone diplomacy, as the president has made more calls in July to world leaders than in all but one month of his presidency, according to White House records analyzed by USA TODAY.
Bonus: J.R.R. Tolkien's The Fellowship of The Ring first published 60 years ago Tuesday. Tolkien faithful are awaiting December's Hobbit movie, when director Peter Jackson brings his second epic trilogy to a close.
And the essentials:
Weather: Unusually cool temperatures will spread across the East on Tuesday, while showers and thunderstorms pelt parts of the Great Lakes, West and Southeast.
Stocks: Wall Street is eyeing a flat start to trade.
TV Tonight: Wondering what to watch tonight? TV critic Robert Bianco looks at Person of Interest, Frontline and Tyrant.
If you missed Monday's news, we've got you covered here.
You can also get the day's top news each weekday in your inbox. Subscribe.