The dollar is up, and gold, oil and other commodities are down on the news of Osama bin Laden's death. Adolfo Laurenti, deputy chief economist with Mesirow Financial in Chicago, explains.

As many celebrate the death of Osama bin Laden, some Americans plan to spend more freely. But others expect to reign in future spending in case of another attack.

Michael O'Hanlon, senior fellow for the Brookings Institution, analyzes Osama bin Laden's death and the budgetary toll on the U.S.