Italy saw borrowing costs tick up as it auctioned 5.25 billion euros in debt Monday. Still, Italian yields were well below those of Spain, which also raised money by selling bonds.

The U.K. economy contracted in the first quarter in a slap to proponents of austerity measures and their potential to heal the economy.

Even though Enron as a company no longer exists, there are certain lessons and anecdotes in Enron: The Smartest Guys in the Room that everyone should see. The epitome of greed, the courage to stand against it, and the cheesy-yet-true revelation that you can never judge a book, or a major corporation, by its cover.

Money Talks brief featuring Personal Finance expert Matt Bell.

Money Talks

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While President Obama’s economic approval rating has gone up in the past week, American consumers seemed to be somewhat less optimistic about the economy itself—well, some American consumers, anyway.

As the economy begins to slowly piece itself back together after the Great Recession, many are still wondering how it all happened. What went wrong? How could this have been prevented? Nobel Prize-winning economist Joseph Stiglitz tackles those questions and more in his analytic book “Freefall: America, Free Markets, and the Sinking of the World Economy.”

Carrying cash is a good way to monitor your spending (photo courtesy of flickr.com).

Let’s face it. Generations X and Y are not known for their thrifty ways.

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Source: The National Portal of India

Three groups of countries are in the race to get out of the global recession: European countries like Greek and Spain are left behind, still fighting with their debt crisis. The United States, Canada and Australia are recovering and moving in the right direction. And emerging economies like India and China [...]

At the beginning of the last decade, I was on the verge of graduating from an engineering program and pretty much clueless about what I would do next. I was without a job and with strictly average college grades.

That was until I got caught up in the dot-com bubble.

Devon Avenue, the South Asian hub of Chicago, seems empty nowadays. The 11th largest economic corridor in Chicago has vacant parking lots and shops dotted with sublet or for sale signs. The story, of course, is a common one during the Great Recession.