How Much It'll Cost to Raise a Child Born in 2012

Aug. 14 (Bloomberg) -- A middle-income family will spend $241,080 on average to raise a child born last year to the age of 18, a 2.6 percent increase from a year ago that outpaces the broader inflation rate, according to a government report. ALan Bjerga has more on Bloomberg Television's "Bottom Line." (Source: Bloomberg)

Joseph Quinlan: Politics a Wall of Worry for U.S.
55:54 - Joseph Quinlan, chief market strategist at U.S. Trust and global wealth and investment management head of market and thematic strategy at Bank of America, talks about the influence of politics on the U.S. economy and markets and looks at the status of the United States as a safe haven. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
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