The Bottom Line: What's the cost of taming inflation?
Cost of Living: While politicians argue about who's responsible for inflation, David Nicklaus puts the blame squarely on the Federal Reserve. Jim Gallagher worries that the Fed's tight-money policies could tip the economy into recession.
Chris Drury
Online Video Producer
As featured on
Nicklaus: As bears prowl the stock market, ‘this will leave some scars’With stocks down more than 20%, investment pros see both opportunity and danger.
On average, Americans say they will spend about the same amount of money on the holidays this year as last year. But the rich say they will spend much more, while those earning less than $50,000 say they will spend much less.
