These are the headlines you Need2Know:
* **Demonstrators Stop Traffic in Chicago:**
At least 200 people marched down Chicago's Lake Shore Drive on Thursday to protest gun violence. The crowd marched to Wrigley Field before the Cubs game. More than 300 people were killed in Chicago this year – more than any other city in the U.S. For more on this story, [click here](https://www.usatoday.com/story/news/2018/08/02/chicago-protest-rahm-emanuel-wrigley-field-lake-shore-drive/890869002/).
* **The Search for Mollie Tibbetts Continues:**
The University of Iowa student has been missing for two weeks. Tibbetts was last seen in late July at her boyfriend's home in Brooklyn, Iowa. Her parents said they believe their daughter was kidnapped, and they think she is still alive. Tibbetts's family has offered a $172,000 reward. For details, [click here](http://www.chicagotribune.com/news/nationworld/midwest/ct-missing-iowa-student-mollie-tibbetts-20180802-story.html).
* **JUUL Labs Responds to the FDA:**
The largest e-cigarette company in the U.S. responded to concerns Thursday from the FDA that underage teens are abusing the product. JUUL, which produces "flavorful" nicotine pods, acknowledged that teens are using its e-cigarettes, but vowed to address the problem. For the latest, check out [Engadget](https://www.engadget.com/2018/08/02/juul-bluetooth-e-cigs-lock-out-teen-smokers/).
* **Trump Endorses Candidate, Touts Diplomacy Skills:**
President Trump endorsed the Republican Lou Barletta for state Senate on Thursday at a rally in Wilkes-Barre, Penn. Trump quickly changed the subject to diplomacy, citing his dealings with North Korea and asking the crowd, “What ever happened to diplomacy?” For more on the rally, check out the [Washington Post](https://www.washingtonpost.com/politics/in-pennsylvania-trump-tries-to-rally-supporters-behind-gop-senate-candidate/2018/08/02/260175bc-9662-11e8-810c-5fa705927d54_story.html?utm_term=.bf1aad18ce29).
Cheddar's Jill Wagner gets into the latest.
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Catching you up on the stories you need to know this morning, the U.S. could soon get its first major gun safety law in years, the House Select Committee investigating the January 6th attack on the U.S. capitol holds its second hearing, and today might just be the day the Supreme Court overturns Roe v. Wade, and decides on new gun laws.
U.S. stocks closed Thursday at their lowest levels of the trading day, as investors continue to eye inflation ahead of the May CPI report out Friday. Art Hogan, Chief Market Strategist for National Holdings, joins Cheddar News' Closing Bell to discuss.
The PGA has suspended 17 golfers, including Phil Mickelson and Dustin Johnson, who are competing in a Saudi-backed golf event outside of London. In a memo, commissioner Jay Monahan said "these players have made their choice for their own financial-based reasons", announcing they are ineligible to participate on the PGA tour or any other tours it sanctions. Hugh Kellenberger, Senior Managing Editor at the Athletic, breaks down the controversy, and what might happen next.
U.S. stocks closed Friday at session lows after May CPI data showed inflation in the U.S. has not peaked and is still rising rapidly. For the week, the S&P fell 5.06%, the Dow lost 4.58%, and the Nasdaq dropped 5.60%, marking the worst week since January for all three major indexes. Mike Zigmont, Head of Trading and Research at Harvest Volatility Management, joins Cheddar News' Closing Bell to discuss.
Benefits brokerage, Nava Benefits, raised $40 million in a Series B round. Nava says it's on a mission to fix healthcare, one benefits plan at a time. The startup is working to bring benefits to small business that are normally available to only Fortune 500 companies. Brandon Weber, Co-Founder and CEO of Nava Benefits, joined Cheddar News' Closing Bell to discuss.
