Keeping up with America

• The global economy is facing a slew of problems - and all eyes are looking in one direction: America. Two banking failures in the US this month have raised fears about the health of the financial system.

• A deadly fungal infection that is hard to treat is spreading rapidly at an "alarming" rate, says the Centers for Disease Control and Prevention (CDC). US cases nearly doubled in 2021 from 756 to 1,471, says the CDC report.

• A divided Oklahoma Supreme Court overturned a portion of the state's near-total ban on abortion, ruling women have a right to abortion when pregnancy risks their health, not just in a medical emergency. It was a narrow win for abortion rights advocates since the U.S. Supreme Court struck down Roe v. Wade.

• The U.S. State Department cited credible reports of killings, arrests and torture in Nicaragua, as well as harsh and life-threatening conditions in the country's prisons, in an annual human rights report released on Monday.

• U.S. President Joe Biden will make a long-delayed visit to close ally Canada this week to express unity on Ukraine and the environment, but is unlikely to make much progress on tougher trade disputes, sources said on Tuesday.

Daily World News

• Chinese leader Xi Jinping and Russian President Vladimir Putin reaffirmed the deepening political and economic ties between their two countries at a summit that telegraphed their shared interest in challenging a world order led by the U.S. and its democratic allies.

• Adults in a family who led their family to their deaths in Switzerland planned the event, Swiss investigators say. The case, which shocked Switzerland, will now be closed. Police have ruled out any outside intervention, and say the adults, who moved to Switzerland from France two years earlier, gave no sign they were considering suicide.

• Uganda's parliament has passed a bill which would criminalise people who identify as gay, or a sexual minority. Individuals could face lengthy prison terms if the bill is signed into law by President Yoweri Museveni. (More)

Business & Tech

• Microsoft’s new Copilot will change Office documents forever (More)

• Nike’s holiday quarter plagued by bloated inventory, weak China sales (More)

• OpenAI CEO Sam Altman says he’s a ‘little bit scared’ of A.I. (More)

Wealthy Wise

• Succession 101: Money lessons from TV’s dysfunctional empire (More) | Explainer: How does bank deposit insurance work, and who does it cover? (More)

• Banks lead stock surge, yields rise as all eyes turn to Fed, Dani Romero. U.S. stocks moved higher Tuesday following U.S. and European efforts to stabilize the banking system. The S&P 500 (^GSPC) climbed 1.3%, while the Dow Jones Industrial Average (^DJI) gained nearly 1%. Bond yields are rising, “potentially indicating less of a recessionary impulse from the banking system.

• New home building was up in February, reversing a six-month trend (More)

Sports and Entertainment

• MLB's Rob Manfred pushes for more star pitchers in next WBC (More) | Willis Reed, New York Knicks legend and two-time NBA champion, dies at 80 (More)

• What Studio Franchises Can Learn From the Rise, Fall and Rise of the Western (More) | Post Malone Settles ‘Circles’ Copyright Suit in Last-Minute Deal (More)

• Paging Devil Wears Prada Fans: Anne Hathaway’s Next Movie Takes Her Back into the Fashion World (More) | Gwyneth Paltrow begins trial for 2016 Utah ski crash: What we know so far (More)

Meme of the Day

Tips and Tricks

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