Yahoo’s big summer letdown

With a cast of defiant board members, angry shareholders and a billionaire investor ready to make trouble, Yahoo’s annual shareholder meeting Friday was once the hottest ticket in Silicon Valley.

Juice economy again? It’s a tough call

In February, lawmakers passed a $168 billion program to juice the economy. And some say it’s time to do it again.

Freddie issues new foreclosure prevention measures

Freddie Mac is doubling the amount of money it pays loan servicers for each successful mortgage workout among other measures to keep struggling borrowers out of foreclosure, it said Thursday.

Centex CEO: economic woes won’t improve before ‘09

Centex Corp. Chief Executive Timothy Eller says he expects negative economic conditions to continue to erode consumer confidence at least into next year, dampening prospects for an improved housing market.

Get users (and Google) to trust your Web site

Dear FSB: Our current Web site, www.fusedsolutions.com, does an okay job of portraying the appropriate information to those that get there, but unfortunately not many get there. Can you please give us a few tips on how to get our site to the top of search lists and build substantial traffic? - Justin Groden, Fused Solutions, Potsdam, N.Y. “It’s not a surprise that no one gets there, as there’s not much you’re doing right,” says Rich Schefren of Strategic Profits. “If a marketing person was involved with this site, he or she needs to be fired for marketing malpractice. You only have to look at competitors to see how bad it is.”

Economy grows, but warnings sound

The economy, boosted by $90 billion in stimulus checks, grew at a faster pace in the spring but not as strongly as expected, the government reported Thursday.

Look forward, not backward

Here’s a shocker. We found out this morning that the economy stinks and that the stench began to emanate in the fourth quarter.

Mortgage rates drop as oil eases

Mortgage rates fell slightly this week according to a weekly report released Wednesday, as lower oil prices briefly ease fears of price inflation.

Supply, pessimism delay housing bottom

More than 800,000 vacant homes for sale stand between the housing recession and the bottom.

Ed McMahon sued over legal bills

NEW YORK (Reuters) - Former U.S. television star Ed McMahon’s financial and legal woes worsened on Wednesday — as well as fighting to save his home from foreclosure, he is now being sued for not paying a lawyer hired for his daughter.

McMahon, 85, long-time sidekick to talk show host Johnny Carson, failed to pay divorce attorney Norman Solovay $275,168, according to the lawsuit filed in Manhattan federal court.

McMahon and his wife, Pamela, hired Solovay to represent Linda Schmerge, his daughter from another relationship, in a “matrimonial matter,” said Solovay’s lawyer, Michael Shankar.

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