| Bloomberg Morning Briefing Americas |
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| Good morning. Investors look to the jobs report. Trump's latest warning to Canada has a billionaire backstory. And the Super Bowl windfall for prediction markets shows how traditional bookmakers are under pressure. Listen to the day's top stories. — Hellmuth Tromm | |
| Markets Snapshot | | | | Market data as of 06:52 am EST. | View or Create your Watchlist | | | Market data may be delayed depending on provider agreements. | | |
| It's payrolls day, and markets are bracing for clues on the Federal Reserve's next move. Bets are on that a softer jobs market (something several government officials have signaled) will accelerate interest-rate cuts. Futures are struggling for direction, while the dollar is down for a fourth straight session. At the same time, Wall Street's latest trade is unloading shares of companies getting caught on the wrong side of AI. Bitcoin is fighting its own battle. The largest cryptocurrency slipped below $67,000 to the lowest level since last Friday's rout. Whale wallets have stepped in, adding roughly 53,000 coins in the past week in their biggest buying spree since November. With most other investors largely staying on the sidelines, the debate is whether this marks a genuine recovery or merely damage control. A tale of two bridges. President Donald Trump's social media threat to block a new Detroit–Canada bridge followed a meeting between Commerce Secretary Howard Lutnick and billionaire Matthew Moroun—whose family owns the nearby Ambassador Bridge, the busiest border crossing in the region, according to people familiar. This comes as House lawmakers move toward a vote to reject some of Trump's tariffs, despite a last-ditch effort by Speaker Mike Johnson to stop it. Separately, the House passed a bill to exclude China from global financial institutions if it threatens Taiwan. | |
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| At least 10 people are dead and 25 others injured after a mass shooting at a high school in a remote community in northeastern British Columbia. Six victims were found at Tumbler Ridge Secondary School and two more at a connected residence. The suspected gunman appears to have died from a self-inflicted injury. The search for Nancy Guthrie, the mother of NBC News journalist and Today show anchor Savannah Guthrie, continues. Her disappearance led to the detention of a person of interest after the FBI released images of a masked individual carrying a handgun and a large backpack outside her home. The individual, who was apprehended and questioned near Rio Rico, Arizona, has since been released, the New York Times reported. | |
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Deep Dive: Cartels Go Crypto | |
 Illustration: Zach Hackman for Bloomberg Businessweek Drug cartels are increasingly turning to crypto to move and hide their profits, building a fast-growing digital money-laundering network. Powered in part by gig workers and online intermediaries, it makes dirty cash harder than ever to trace. - Law enforcement agencies are struggling to keep up as the Trump administration shifts resources away from money-laundering probes while easing crypto's path into mainstream finance.
- Some investigators saw it coming years ago, and the $3 billion Silk Road crypto seizure shows how big the stakes have become.
- The fall of Hydra, the largest darknet market, marked a rare cross-border win against crypto-enabled criminal networks.
- Chinese-language networks are driving a rising slice of crypto laundering, channeling billions through stablecoins and digital wallets.
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 Soldiers during a military exercise in Taiwan in January. Photographer: An Rong Xu/Bloomberg Donald Trump has anchored his security initiatives in the Western Hemisphere and Middle East. The risk is he loses sight of how American power has worked to deter costly conflicts in the places that count most. | |
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 Piecing together a manufactured home. Photographer: Mario Tama/Getty Images North America Housing legislation that passed the House with overwhelming bipartisan support gets one big thing right, Robert Burgess writes. The government might finally be realizing that the only real solution to the lack of affordability is to spark supply. | |
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 Bad Bunny performs at Super Bowl LX at Levi's Stadium in Santa Clara, California Photographer: Patrick T. Fallon/AFP/Getty Images Kalshi and Polymarket turned the Super Bowl into a blockbuster for prediction markets, racking up almost $1.2 billion in trades on Sunday—$871 million of that on Kalshi alone. People wagered on everything from the winner to details of Bad Bunny's halftime set. The surge highlights prediction markets' growing threat to traditional gambling companies. | |
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