Ditch the lottery for H-1B visas

This is the Weekend Edition of Bloomberg Opinion Today, a roundup of the most popular stories Bloomberg Opinion publishes each week based on [Bloomberg]( This is the Weekend Edition of Bloomberg Opinion Today, a roundup of the most popular stories Bloomberg Opinion publishes each week based on web readership. [The H-1B Lottery Is Too Easily Gamed. Here’s How to Fix It]( — Editorial Every year, hundreds of thousands of college-educated foreigners compete for a chance to work in the US. With just 85,000 slots available, the odds are against them. H-1B visas are awarded not by merit but by lottery. This random allocation never made much sense. For almost two decades, it’s imposed an inefficient and unpredictable standard that prevents employers from hiring the best candidates. And, to the detriment of aspiring visa holders and US workers alike, the lottery is far too easily gamed. Read the [whole thing](. [AR-15s Are Weapons of War. A Federal Judge Just Confirmed It.]( — Noah Feldman [Postal Service Revolution Deserves Time to Deliver]( — Thomas Black [The Trump-Musk Bro-Fest Was an Unedifying Affair]( — Timothy L. O’Brien [Apple and Alphabet’s Freakish Earnings Broke This Market Barometer]( — Nir Kaissar [Tim Walz’s Investment Strategy Makes Him an Outlier]( — Allison Schrager [Rolls-Royce CEO Proves You Don't Need Private Equity to Get Rich]( — Chris Bryant [Hedge Funds Take Money From Each Other]( — Matt Levine [The Fed Is Too Late to Save the Housing Market This Year]( — Conor Sen [Luxury Looks Like a China Carry Trade Set to Unwind]( — Shuli Ren More From Bloomberg Opinion Here’s what we’ve been listening to and watching this week. - Kamala Harris needs to speak up about her [record on crime]( before the GOP spins the narrative, warns Erika Smith. - Anthony Bourdain coined the term “Failing Restaurant Syndrome.” Dave Lee says [Elon Musk’s X]( is experiencing “Failing Social Network Syndrome.” - One of the guys from the real-life “Big Short” is warning of [another housing crisis]( — this time, because of climate change. Mark Gongloff explains. Follow Us Stay updated by saving our new email address Our email address is changing, which means you’ll be receiving this newsletter from noreply@news.bloomberg.com. Here’s how to update your contacts to ensure you continue receiving it: - Gmail: Open an email from Bloomberg, click the three dots in the top right corner, select “Mark as important.” - Outlook: Right-click on Bloomberg’s email address and select “Add to Outlook Contacts.” - Apple Mail: Open the email, click on Bloomberg’s email address, and select “Add to Contacts” or “Add to VIPs.” - Yahoo Mail: Open an email from Bloomberg, hover over the email address, click “Add to Contacts.” Like getting this newsletter? [Subscribe to Bloomberg.com]( for unlimited access to trusted, data-driven journalism and subscriber-only insights. Before it’s here, it’s on the Bloomberg Terminal. Find out more about how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. [Learn more](. Want to sponsor this newsletter? [Get in touch here](. You received this message because you are subscribed to Bloomberg's Opinion Today newsletter. If a friend forwarded you this message, [sign up here]( to get it in your inbox. [Unsubscribe]( [Bloomberg.com]( [Contact Us]( Bloomberg L.P. 731 Lexington Avenue, New York, NY 10022 [Ads Powered By Liveintent]( [Ad Choices](