01
Bernie Sanders Swears in Zohran Mamdani as NYC Mayor
Sen. Bernie Sanders delivered the oath of office to Zohran Mamdani, swearing him in as New York City’s 112th mayor on the steps of City Hall. (Source: Bloomberg)
Bloomberg Markets - Thursday, January 1, 2026
10 stories~15 min
Stories Covered
02
What Wall Street Expects in 2026
Every year, Wall Street’s top minds — strategists, economists and portfolio managers — pack their best ideas into dense market outlooks, often running a hundred or more pages apiece. And every year, Bloomberg senior markets editor Sam Potter distills those outlooks to capture the consensus and identify who’s breaking from the pack. On today’s Big Take podcast, Sam joins host David Gura to discuss Wall Street’s year ahead: from AI’s continued dominance and the prospects for gold and bonds to Wall
03
US to Cut Tariffs on Imported Pasta, Italy Foreign Ministry Says
The US decided to reduce controversial anti-dumping tariffs on some Italian pasta brands, Italy’s Foreign Ministry said.
04
Australia’s Home-Price Gains Cool With RBA Pivot Denting Outlook
Australia’s home-price growth decelerated in December and the two biggest markets edged lower, as the risk of renewed interest-rate hikes weighed on both sentiment and the outlook for property in the year ahead.
05
These Are the ETFs to Watch in 2026
Our annual list of exchange-traded funds for your stocking-shaped portfolio.
06
Largest Indian Cigarette Maker ITC Plunges on Higher Tobacco Tax
Shares of ITC Ltd. plunged the most in nearly six years after a higher levy on tobacco products by the government fueled concerns about its impact on India’s largest cigarette maker.
07
Pakistan Inflation Slows More Than Expected as Food Prices Ease
Pakistan’s inflation rate rose slower-than-expected in December, justifying the central bank’s decision to cut its policy rate to a three-year low to support growth.
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Lagarde Says Bulgaria Joining Euro Is Powerful Symbol for Europe
European Central Bank President Christine Lagarde said Bulgaria joining the euro area on Thursday is a testament to Europe’s ability to collaborate and defy international headwinds.