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Republican Vice Presidential nominee Paul Ryan addressed the Republican National Convention last night. Steve Inskeep talks with Politico's Jonathan Martin about how Congressman Ryan became Mitt Romney's choice for vice president.

So far, the banks have offered more than $10 billion in consumer relief, in the form of refinancing, modifications and loan forgiveness. Bank of America must pay the biggest share of the settlement, But the report showed the bank had not completed any refinancings or principal-reduction modifications.

Rep. Paul Ryan demonstrated in his convention speech that he's a true believer, much like two previous politicians he has sought to emulate: Ronald Reagan and Jack Kemp. Kemp's economic ideas were controversial decades ago, but they've gained new life in the vice presidential nominee's budget plan.

Ashrita Furman wants to build a tennis racket the size of a bus, and show it off at the U.S. Open. It's so big, he was told it's considered a building so he would need a permit.

About 30 miles west of New Orleans, St. John the Baptist Parish was flooded quickly from two lakes, including Lake Pontchartrain. Hurricane Isaac's strong winds created a surge — forcing water into residential areas and evacuations of thousands of people.

Forecasters warned the storm could still cause "life-threatening hazards." Isaac is forecast to continue moving slowly and dump up to 14 inches of rain across a wide swath of the south and midwest.

The numbers mean that the economic recovery continues to be sluggish.

The criticism from the meeting's most prominent member put Iran in an uncomfortable position.

On Medicare, the stimulus and a story about the GM plant in his hometown, the GOP vice presidential nominee got some facts wrong, according to the news outlets and nonpartisan watchdogs that parse politicians' words.

The agent was pulled from the security detail and the Secret Service said they take this "very seriously."