The European Central Bank must decide whether to raise or lower euro interest rates. Stephen Beard reports on the many factors at work, including the price of oil and the euro's fast rise against the U.S. dollar.
Fed Chairman Ben Bernanke has a two-fold problem when addressing the economy -- we can either have inflation or a downturn. Paul Brandus explains he may want to retain balance by maintaining a stable policy.
Recent market euphoria gave way today to worries over the ever-deepening subprime credit crisis, the weakening dollar and record oil prices. Bob Moon looks into what happens if investors overdose on the negatives.
A report out today from the Federal Reserve reviews the health of the American consumer. Paul Brandus reports that with the current economy, U.S. consumer health will likely deteriorate rapidly as the holidays approach.
If the U.S. economy were to go into a recession, it would be bad news for just about everyone from business owners to mortgage holders. But commentator Moira Manion says people like her who don't have much don't have much to lose.