For varying groups, market frenzy may help or hurt

The second health care worker diagnosed with Ebola in Texas is a 29-year-old nurse who treated the Liberian man who died of the disease in a Dallas hospital. WASHINGTON – The turbulence that’s roiling financial markets is punishing stock investors, raising worries for major U.S. companies and will likely …

Delta Air Lines profit slumps on higher expenses

(Reuters) – Delta Air Lines Inc's quarterly profit slumped 74 percent as higher operating expenses did not allow the U.S. airline to take advantage of strong business and leisure travel. Total operating expenses jumped 16 percent to $10.34 billion in the third quarter ended Sept. 30. Delta's shares were down 2 percent …

Blackstone profit misses, sees chance to put more cash to work

By Greg Roumeliotis (Reuters) – Blackstone Group LP , the world's largest alternative asset manager, on Thursday reported lower-than-expected third-quarter earnings, but said it was well positioned to profit from market jitters and put more of its $42.3 billion in undrawn investor capital to work. As markets rallied …

Average US 30-year mortgage rate at 3.97 percent

WASHINGTON (AP) — Average U.S. mortgage rates tumbled this week. The 30-year loan hit its lowest level since June 2013 as Treasury bond yields marked new lows amid concern over global economic weakness.

5 Best-Rated Real Estate Mutual Funds to Outperform – Zacks.com

5 Best-Rated Real Estate Mutual Funds to OutperformZacks.comEven though real estate has been through tough times recently, securities from this sector should continue to be an integral part of portfolios with a long term horizon. Over the years, mutual funds from this category have continued to perform favorably.and…

Falling Oil Prices Could Push Venezuela Over The Edge

Oil prices continue to slide, putting enormous pressure on oil producers around the world. Saudi Arabia has insisted it is willing to live with lower prices for quite a while as it seeks to maintain a grip on its market share. Kuwait also indicated its willingness to slash prices in …