These are the headlines you Need2Know:
* **Vatican Responds to Allegations of Abuse in Catholic Church:**
The Vatican responded Thursday to a Pennsylvania grand jury report on sex abuse by priests ー and subsequent cover-ups. In a statement, the Vatican said Pope Francis was "on the victims' side," and the Church “must learn hard lessons from its past.” The devastating report released this week concluded that 300 priests may have abused thousands of children over seven decades.
For more, [click here](https://www.cbsnews.com/news/vatican-condemns-sex-abuse-described-in-pennsylvania-grand-jury-report-2018-08-16/).
* **Deliberation Continues in Manafort Trial:**
The jury will convene Friday for the second day of deliberation in the trial of President Trump's former campaign chair, Paul Manafort. The jury took a recess after submitting four questions to U.S. District Judge T.S. Ellis III, including one asking him to define “reasonable doubt." Even if Manafort is acquitted of the charges, he will face another trial later this year. For more, [click here](https://www.washingtonpost.com/local/jury-begins-deliberations-in-paul-manaforts-tax--and-bank-fraud-trial/2018/08/16/d2b0f486-a170-11e8-8e87-c869fe70a721_story.html?utm_term=.08842ccc3912).
* **Rest in Peace, Queen of Soul:**
Aretha Franklin died Thursday from pancreatic cancer. The Queen of Soul, a Grammy-award winning singer and civil-rights activist whose most popular hits include “Respect” and “A Natural Woman,” was 76. Read Rolling Stone's obituary for Franklin [here](https://www.rollingstone.com/music/music-news/aretha-franklin-queen-of-soul-dead-at-76-119453/).
* **Trump Goes After Big Pharma**
The President called Thursday for the Justice Department to pursue lawsuits against drug companies for deceitful marketing of opioids. The Centers for Disease Control reported on Wednesday that 72,000 Americans died of drug overdoses last year ー a 10 percent increase from 2016. For more, [click here](https://www.usatoday.com/story/news/politics/2018/08/16/donald-trump-opioid-makers-could-face-federal-lawsuit/1008957002/).
Cheddar's Jill Wagner gets into the latest.
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Maine Sen. Susan Collins says she'll vote to confirm Judge Ketanji Brown Jackson, giving Democrats at least one Republican vote and all but assuring Jackson will become the first Black woman on the Supreme Court.
A NASA astronaut is back on Earth after a yearlong, record-setting spaceflight. He caught a Russian ride from the International Space Station on Wednesday with two cosmonauts.
Florida Governor Ron DeSantis has signed the controversial so-called ‘Don’t Say Gay' bill into law, banning classroom instruction on gender identity and sexual orientation in kindergarten through third grade. Gary Fineout, reporter at Politico, joins Cheddar News to discuss.
U.S. stocks closed Tuesday's session near session highs. The Dow Jones Industrial Average rose 350 points, after rising more than 400 points at its session high. Shares were also impacted positively by optimism around peace talks in Ukraine. Nancy Prial, Co-Chief Executive Officer & Senior Portfolio Manager of Essex Investment Management, joins Cheddar News' Closing Bell to discuss.
Sylvia Jablonski, CIO at Defiance ETFs, breaks down the factors leading to the market's strong start to the week and discusses what investors should be focusing on when it comes to the Russian invasion of Ukraine and inflation.
Bitcoin surged to its highest level on Monday since January 2nd. The gains also come after a late Sunday rally for the cryptocurrency, when it surpassed the key price of $45,000, and also turned positive for 2022. Matt Hougan, CIO of Bitwise Asset Fund, joins Cheddar News' Closing Bell to discuss what is behind the recent rallies for Bitcoin and other cryptocurrencies.
Cross-border payments are big business, and crypto companies want in on the action, which means challenging established remittance services such as Western Union and MoneyGram.
Sanctioned Russian billionaire Roman Abramovich has been seen on the sidelines of negotiations between Kyiv and Moscow aimed at bringing to an end the war in Ukraine.
Catching you up on what you Need to Know on Mar 29, 2022, with updates on the snow squall in Pennsylvania that caused a pileup killing three, the teacher's strike in Sacramento heading into week two, Walmart no longer selling tobacco products in select stores, and what meme stocks are up to this week.
