Crypto News: Green Card Curbs

Good morning. The manhunt for the Brown University shooter is over. The world is awash with oil. And Americans developing a taste for wild game isn't as far-fetched as it might seem. Listen to the day's top stories.

— Angela Cullen

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Claudio Manuel Neves Valente Source: US Department of Justice/US Department of Justice

The manhunt for the Brown University shooter is over after the suspect—a former Brown student—took his own life. Police linked the case to the murder of an MIT professor, although the motive remains unclear. The Trump administration used the killings to justify more immigration restrictions, halting the green card lottery it said admitted 48-year-old Portuguese national Claudio Manuel Neves Valente. President Trump has already mandated a $100,000 fee for H-1B visas, widely used by tech firms. Here's why.

TikTok's long-awaited break from China is finally underway. The company said it's being acquired by a group of buyers led by Oracle to create a US joint venture majority-owned by American investors. The deal has ramifications for the broader US social media landscape. Retail too: TikTok is moving into the luxury marketplace and is helping China-style live shopping to finally catch on in the US.

European Union leaders agreed to lend Ukraine €90 billion for the next two years through debt after marathon talks on using frozen Russian central bank assets failed to break a deadlock. The loan buys Ukraine time to negotiate in peace talks, with Kyiv at risk of running out of money early next year and the Trump administration cutting off most US aid. Meanwhile, EU leaders missed a self-imposed deadline to complete a free-trade deal with the Mercosur countries, Brazil, Argentina, Uruguay and Paraguay.

Accident or hack? A mystery video appeared on the White House website, showing a bearded young man in headphones speaking into a microphone. The stream surfaced in the Live News section before midnight, flickering on and off for about an hour. The figure appears to be @realmattmoney, a YouTuber who calls himself "a shepherd for individual investors" and "an engineer enthusiastic about providing energy to the world." The White House didn't immediately respond to requests for comment.

Wind warning. Colorado will face "particularly dangerous" fire weather early Friday, with wind gusts expected to reach hurricane strength along the state's parched eastern foothills. The National Weather Service issued the unusual warning late on Thursday as the region braced for another round of fierce dry winds with gusts of up to 105 miles an hour.

The Mishal Husain Show: Lynsey Addario

Lynsey Addario is a Pulitzer Prize winning war photographer who has been abducted twice while documenting conflict from Afghanistan to Sudan. She tells The Mishal Husain Show why her job is to "bear witness." This interview contains descriptions of abduction, violence and sexual assault which some viewers may find distressing.

Watch the Video

Photographer: Doug Mills/Getty Images

Join the Conversation: What's next for US markets in 2026? Bloomberg journalists will answer questions about Trump-era policy risks and opportunities in a Live Q&A today at 11 a.m. EST. Stream here.

Deep Dive: The Year Ahead

Investors will remember 2025 as the year the artificial intelligence rally broadened out and fears became more pronounced. With the bull market in US stocks stretching into a fourth year, risks are mounting.

But traders who spent most of December wondering if the typical year-end "Santa Claus rally" was ever going to kick in may finally be getting what they've been waiting for.
So what lies in store for the year ahead? One theme becoming prevalent: The tech giants will no longer be running the show.
Money managers are set to ring in the new year with resounding confidence about everything from economic growth to equities and commodities, according to a Bank of America poll.
Meanwhile, Goldman strategists predict rate cuts by the Fed and firm growth will extend the economic cycle and support risk assets, although they warn that the next phase may be choppier.

The Big Take

The World Is Awash With Oil and Prices Are Poised to Keep Falling

Almost every day, an oil tanker arrives off the Guyana coast to pick up a cargo that could reach a buyer practically anywhere on the planet. The stream of shipments is all the more remarkable because just a few years ago, the country didn't pump a single barrel.

Read the Story

Big Take Podcast

Walmart's Push to Attract New Truckers

Opinion

Boosting Nvidia's bottom line won't make the US safer, Bloomberg's Editorial Board writes. In deciding where to draw the line on sales of advanced semiconductors to China, the White House should prioritize the security of all Americans over the interests of individual companies.

More Opinions

Matthew Brooker

The World Cup's $8,000 Tickets Unite Football Fans in Dismay

Mihir Sharma

Asia Sees Mexico as Building Trump's New Wall

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Before You Go

Photographer: Courtesy King Ranch

Better than beef? America's protein obsession is fueling a hunting push. The pursuit of nilgai in Texas shows how growing appetite for wild meat is reshaping culture, conservation and the invasive-species economy. As the Make America Healthy Again movement gains traction, putting more wild game on the menu no longer feels far-fetched.

A Couple More

The Online Scam That Hits Travelers at Their Most Distracted

Rich Americans Target New Zealand Luxury Homes as Seven-Year Ban Lifts

Bloomberg Invest: Join the world's most influential investors and financial leaders in New York on March 3-4. This flagship event examines how AI disruption, geopolitical uncertainty, shifting central bank policy and the convergence of public and private markets are reshaping global finance. Learn more here.