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(Bloomberg) -- While the recent stock-market rout flushed out some froth, US stocks remain at risk of more severe declines if growth continues to decelerate and the Federal Reserve “does not show urgency” in easing monetary policy, Dubravko Lakos-Bujas writes in his inaugural note leading market strategy at JPMorgan Chase & Co.Most Read from BloombergAfrica’s Richest City Needs $12 Billion to Fix InfrastructureHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureNYC Subway Riders See

A group of Western insurers have provided cover for tankers carrying Russian crude, keeping its oil flowing after many in the trade sector withdrew for fear of breaching the rules of a G7 price cap, data from traders and shippers shows. The data seen by Reuters showed that five insurers, including American Club, Luxembourg-headquartered West of England and Norway's Gard, provided cover for 10 tankers that sailed from Russia to Asia this year. American Club and West of England provided insurance for two vessels - the Gioiosa and the Orion I - that made similar voyages in early 2024.

(Bloomberg) -- Oil extended its biggest advance in a week as traders remain on edge over a possible retaliatory strike by Iran on Israel as payback for assassinations of Hezbollah and Hamas leaders.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 MigrantsNYC Subway Riders See ‘Ex

(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