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(Reuters) -Monster Beverage missed market expectations for second-quarter sales on Wednesday as budget-conscious consumers kept a tight lid on spending, hurting demand for its pricey energy drinks amid an uncertain economic environment. Higher costs of essentials like food and fuel have prompted consumers in the U.S. to be more mindful about spending on non-essential items, impacting sales for companies such as Monster. Monster will raise prices for its core brands and packages in the United States by about 5%, effective November 1.

(Bloomberg) -- Palm oil climbed as rival soybean oil rebounded in Chicago, while an estimate of lower output in parts of second-largest producer Malaysia also helped support prices.Most Read from BloombergAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNYC Subway Riders See ‘Exceptionally High’ Air PollutionNew York City’s Outdoor Dining Sheds Will Start DisappearingNew York City Paid $2 Million for Empty Hotel Rooms Meant for MigrantsThe 5 Coastal States That Face the Most Devastat

(Bloomberg) -- Municipal bonds slid on Wednesday after investors across fixed income markets dialed back a flight to quality bid. Most Read from BloombergAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating Flood RiskNew York City Paid $2 Million for Empty Hotel Rooms Meant for MigrantsParis Spent €1.4 Billion to Clean Up the Seine. Has It Worked?The biggest rout came in the mi

(Bloomberg) -- Oil rallied as markets globally recovered from a recent rout and investors remained on edge over the possibility of a retaliatory strike from Iran on Israel.Most Read from BloombergAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating Flood RiskNew York City Paid $2 Million for Empty Hotel Rooms Meant for MigrantsParis Spent €1.4 Billion to Clean Up the Seine. Has

(Bloomberg) -- In a world divided by wars and politics, New Zealand is seen as a safe haven, drawing record numbers of immigrants since the pandemic.Most Read from BloombergAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating Flood RiskNew York City Paid $2 Million for Empty Hotel Rooms Meant for MigrantsParis Spent €1.4 Billion to Clean Up the Seine. Has It Worked?So why are N

The Federal Reserve is poised to cut interest rates this fall, a development that could drive mortgage rates lower. But some experts expect that borrowing costs could come down before that decision.