Topics and Guests for May 16

Some European nations are dumping the dollar and placing a high wager on the Euro (search).

Could money matters overseas fold our economy? Melvyn Krauss, senior fellow at the Hoover Institution, explains.

Can we trust the Saudis to aid us in the U.S.-led war on terror? We’ll ask former Rep. Bob Dornan, R-Calif.

While most Americans look to our police and armed forces to protect our homeland, former AT&T chief C. Michael Armstrong, currently the chairman of Comcast Holdings, thinks it's just not possible to do a good job unless private businesses do theirs.

The Senate has narrowly passed President Bush's $350 billion package of tax cuts Thursday, which includes suspending all taxes on stock dividends for the next three years. But will it help Americans spend? Stephen Moore, president of the Club for Growth, weighs in.

We’ll take the markets’ temperature with Ned Riley, chief investment strategist at State Street Global Advisors; Tobin Smith, founder of Change Wave Research, and Scott Bleier, president of Hybrid Investors.

Plus, will your next pay raise be a pay cut? How worried should you be about deflation? Rob Stein, managing partner at Astor Asset Management, and Jim Rogers, president of, square off.

About Your World...

More than just facts and figures, Your World with Cavuto gets to the heart of the matter with reports from FOX News correspondent Molly de Ramel and in-depth analysis from our FOX Business News All-Stars:

Terry Keenan, host of Cashin' In
Brenda Buttner, host of Bulls & Bears
David Asman, host of Forbes on Fox