Impacting

• The ongoing conflict in the Middle East has driven up oil prices, expected to slow US economic growth compared to a no-conflict baseline scenario, according to Deloitte analysis. • Despite pressures from elevated energy costs, US firms are unlikely to materially reduce investment plans due to resilient growth in AI and technology sectors. • Higher oil prices will affect US consumers through increased costs, though broader economic resilience from AI investments may mitigate some impacts.

• Fortinet highlighted a 389% increase in ransomware victims, driven by AI-enhanced cybercrime tactics disrupting global operations including in India. • The company's threat intelligence efforts are transforming awareness into actionable insights to counter sophisticated AI-powered attacks. • This surge underscores rising cybersecurity risks for Indian enterprises as AI tools enable more convincing phishing, deepfakes, and automated assaults.

The American Lung Association's 24th annual State of Tobacco Control report warns of potential cuts to federal tobacco programs in 2026, as smoking remains the top preventable killer with 490,000 U.S. deaths yearly. Adult smoking rates fell to 11.6% in 2022 per CDC data, but policy changes could limit quitlines and youth protections. ALA CEO Harold Wimmer stated, 'These decisions directly affect whether people can access quitline counseling and kids are protected from next-generation products.' States are urged to bolster local efforts amid federal uncertainties.

Adobe reported Q1 2026 earnings on March 13 beating top and bottom lines but faced declines in annual recurring revenue for its traditional stock photo segment due to AI-generated imagery competition. AI disruption battered the segment, leading to a tough post-earnings stock reaction. ARR imagery revenue fell notably as users shift to generative tools. This underscores AI's transformative pressure on creative software markets.