Monica Ricks

The first full week of trading of 2026 is now in the books, and U.S.

stocks closed at all-time highs, fueled by signs of fresh economic momentum, productivity gains, and a benign inflation outlook.

The S&P gained 1.6 percent this week.

President Trump is calling for a one-year cap on credit card interest rates.

Bloomberg's Ed Kalecki has details.

The House has voted to scrap a Biden-era rule on energy efficiency for manufactured homes.

Bloomberg's Nathan Hager reports from Washington.

Nestle S.A.

is battling a widespread infant formula contamination crisis that's now spread to more than 50 countries.

It involves the detection of suralide in an ingredient from one of Nestle's suppliers.

The toxin can cause nausea and vomiting and has already led to scores of product recalls worldwide.

And NASA says it plans to return four astronauts back to Earth next week after a crew member experienced some sort of medical issue aboard the International Space Station.

The agency didn't provide many details, but says it could undock as soon as Wednesday.

The next crew won't launch to the ISS till mid-February.

And that's news when you want it with Bloomberg News Now.

I'm Monica Ricks and this is Bloomberg.

News when you want it with Bloomberg News Now.

I'm Monica Ricks.

President Trump went on a bit of a shopping spree this fall.

Bloomberg's Ed Kalecki explains.