International Daily News

(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 …

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 …

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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 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…

MarketWatch has combined its coverage of the day’s big movers in the premarket and regular stock-market sessions to give readers seamless coverage beginning at 5:30 a.m.

Dave Fry writes that it may be too late for investors to hedge the market downturn, as markets have moved sharply lower and the damage may have already been done.

Early morning trading saw a selling frenzy as soon as the market opened.  Disappointing economic news from retail sales did not help things.  Just as fast as the market dropped buyers swooped in and pushed the market to the highs of the session.  Once again the market rolled back over …

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 …

Financial markets caught a nasty chill last week, when extremely weak activity data from Germany coincided with fears that the ECB could not overcome Bundesbank opposition to more aggressive quantitative easing. Then the IMF reported that there is a 40 per cent probability of a recession in the euro area within 12 …

Continental chief says companies may cut capital spending but are better placed than two years ago

Judge also questions Apple’s need for secrecy.

Who controls the world’s wealth GLOBAL wealth has increased from $117 trillion in 2000 to $262 trillion this year. That comes to $56,000 for each adult on earth. But the fortune is far from evenly distributed. In 1906 the Italian economist Vilfredo Pareto observed that 80{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} of land was owned by just 20…

Crude collapse to continue?

Fear is abundant in global markets right now – here’s how it’s impacting FX.