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Housing Recovery in U.S. Set Back to 2010 With Market on `Life Support' A recovery in U.S. housing will have to wait at least until next year.

Rangel Says House Democrats Will Seek to Renew Expiring U.S. Tax Breaks New York Representative Charles Rangel said House Democrats will move next month to renew dozens of tax breaks before they expire at year’s end, including a research credit promoted by companies such as Dow Chemical Co.

Meredith Whitney Says Bank Stocks Are `Grossly' Overvalued Meredith Whitney, the analyst who has no “buy” recommendations on U.S. banks, said valuations on lender stocks are too high and what “scares” her most is the government stepping away from buying mortgage-backed securities.

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Columns


JOHN F. WASIK
If you need to refinance your home mortgage, don’t wait.
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Jane Bryant Quinn

I’m among the last people standing who think that Paul Volcker is right about money-market mutual funds. They pose a systemic risk to the financial system and need a radical fix.

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John Dorfman

Warren Buffett’s takeover of Burlington Northern Santa Fe Corp. illustrates an emerging trend: Takeovers are back.

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