For reading or devotional study:
First choice:
Revised Standard Version - Second Catholic Edition (Ignatius Study Bible - New Testament)
Lancelot Brenton’s Septuagint (Old Testament)
If you keep your ******** meter engaged insofar as the commentaries go, either the Jerusalem Bible (my personal choice: JRR Tolkien translated part of it! very poetic) or the New Jerusalem Bible are alright. These would be my second choices.
The New American Bible is lukewarm at best, but used for lectionary in the USA.
Too many of these Bibles seem to be translated by people who want to call in to question everything written in Scripture and/or don’t believe a word of it! This tendency especially shines through in book introductions.
The Orthodox Study Bible is based on the NKJV, with a supposedly new translation of the Septuagint for the OT, but there are many places I have found it hewed to the Masoretic text and not the LXX (even the Psalms have the Jewish numbering!). The New Testament is just a ******** NKJV, and the footnotes are pretty banal.
For Old Testament usage, use the Septuagint, not the Masoretic (Hebrew Jewish) text. All modern Bibles are based on the Masoretic text unless specifically noted otherwise, but usually with some LXX influence. It’s what Jesus and the Apostles used, and what the Church Fathers used. The Masoretic text is from 900AD, 1200 years after the LXX, and the Jews had 900 years in which to alter Messianic passages, etc. - the Jews gave up the LXX mainly because the Christians used it.
The English Standard Version is good in text even if Protestant, but I wouldn’t trust any commentaries in it.
Stay away from the New International Version, New Living Translation, Good News for Modern Man, etc.
In the end, I would use the Lancelot Brenton Septuagint for the Old Testament, and any of the RSV-(2)CE, ESV, JB, NJB, or even the NRSV-CE for the New Testament. If you can’t use two separate volumes for some reason, the RSV-(2)CE (Ignatius Study Bible) is the most accurate (especially because the commentary is unabashedly orthodox) and the Jerusalem Bible is the greatest pleasure to read, although the commentary is a bit Modernist for my taste.
All-in-all, for a Catholic (or an Orthodox) the edition of New Testament is less important, as long as it’s half-decent (no NIVs) but the RSV-(2)CE and the Jerusalem Bible are by far the best. However, there are major discrepancies (including, but not limited to the removal of 7 or 10 books from the Canon) between Septuagint Old Testaments and MT-Jewish Old Testaments.