These are the headlines you Need 2 Know.
* **Two Killed in Florida Shooting:**
A 24-year-old gunman opened fire Sunday at a Madden video game competition in Florida, killing two and injuring 11 before turning the gun on himself. The shooter, David Katz, won the tournament in 2017 under the pseudonym "Bread." Police still haven’t determined a motive. For the latest [click here](https://www.cnn.com/2018/08/26/us/jacksonville-madden-shooting/index.html).
* **Remembering McCain:**
The late Arizona Senator died from cancer on Sunday. He was 81. The former Vietnam vet, prisoner of war, and six-term Republican senator was known for collaborating with lawmakers on both sides of the aisle. Here's how Republicans and Democrats are [remembering the former presidential candidate](http://www.time.com/5377616/john-mccain-political-tributes/).
* **Pope Francis Accused of Covering Up Abuse:**
According to an explicit, 11-page letter published Sunday, Pope Francis knew about sex abuse allegations made against ex-Cardinal McCarrick for years. The letter, penned by the Vatican’s former ambassador to the U.S., calls for the Pope's resignation and said he covered up the abuse and even elevated McCarrick's status.
[Read the latest, here](https://www.nbcnews.com/news/world/explosive-letter-claims-pope-francis-helped-cover-cardinal-mccarick-sex-n903936).
* **Hurricane Lane Flooding Ahead:**
The storm drenched Hawaii with more than 46 inches of rain last week, and officials say the worst is over. But Lane is now considered a tropical storm, and forecasters warn that serious flooding is a real possibility. For the latest [click here](https://www.newsweek.com/hurricane-lane-latest-hawaii-storm-warnings-lifted-flooding-still-major-1090945).
Cheddar's Jill Wagner gets into the latest.
Subscribe to the Need 2 Know newsletter [here](https://theneed2know.com).
Cheddar's Chloe Aiello has our cannabis year-in-review, breaking down how several states legalized adult recreational use and greenlit medicinal use in 2021. She noted that while a cannabis legalization and decriminalization bill was introduced in Congress this year, potential FDA involvement in the industry, as well as a 25 percent excise tax, killed any chance the bill had of moving forward. Aiello also speculated that some form of cannabis reform could be rolled out in 2022, as the midterm elections draw closer.
Jim Worden, Chief Investment Officer at Wealth Consulting Group, joins Cheddar News' Closing Bell, where he says the period between Christmas and New Year's is difficult to predict due to a lack of institutional volume, with the Omicron variant adding even more uncertainty on Wall Street.
Prices at the pump this year reached a seven-year high, and a new forecast from GasBuddy shared with CNN predicts that gas prices will only continue to rise in 2022 and that the national average could even reach $4.00 a gallon; however, analysts at GasBuddy say anything could happen when it comes to gas prices in the future, as the pandemic has made it difficult to make any predictions about the economy. Consumer Energy Alliance federal policy advisor Michael Zehr joins Cheddar News' Closing Bell to discuss.
David Stryzewski, CEO of Sound Planning Group, joins Cheddar News' Closing Bell, where he says that some of the major stock positions are getting the most lift to the upside as the major indexes climb higher to begin the week.
