These are the headlines you Need2Know:
* **Floods in India Wreak Havoc:**
Southern India's Kerala state is shouldering its worst flooding in a century ー which, officials said Sunday, has displaced about 800,000 people and killed over 350. Downpours precipitated the floods and landslides, causing homes and bridges to collapse. For more on the disaster, [click here](http://www.time.com/5371279/india-flooding-kerala/).
* **Hawaii Hurricane May Pass South:**
Hurricane Lane became a Category 4 storm over the weekend, with winds at 140 mph, but it later weakened to a Category 3. The storm is expected to pass south of Hawaii’s Big Island. Track the developments [here](https://weather.com/storms/hurricane/video/hurricane-lane-to-weaken-and-pass-south-of-hawaii).
* **'Crazy Rich Asians' Does Crazy Well at Box Office:**
The movie brought in more than $25 million domestically. It’s the first Hollywood movie with a predominantly Asian cast since "The Joy Luck Club" in 1993 and the best opening for a rom-com since Amy Schumer's "Trainwreck" in 2015. For more on this story, [click here](http://www.latimes.com/entertainment/movies/la-et-mn-crazy-rich-asians-jon-chu-projects-20180820-story.html).
Cheddar's Jill Wagner gets into the latest.
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Nordstrom reported a decline in second-quarter sales and profits.
U.S. mortgage rates hit their highest levels in 22 years.
The continued resilience of the U.S. economy could require further interest rate increases, Federal Reserve Chair Jerome Powell said Friday in a closely watched speech that also highlighted the uncertain nature of the economic outlook.
Stocks climbed as investors await a speech from Fed Chair Jerome Powell at the annual economic conference in Jackson Hole, Wy.
As the Federal Reserve prepares to hold its annual economic conference in Jackson Hole on Friday and Saturday, its policymakers are trying to guide the U.S. economy toward something akin to what's happening in Jackson Hole.
Anyone in the U.S. who had an account at any time between May 24, 2007, and December 22, 2022, is eligible to receive a payment. The 2022 settlement resolves a lawsuit alleging that Facebook allowed millions of its users’ personal information to be fed to Cambridge Analytica, a firm that supported Donald Trump’s 2016 presidential campaign.
Domino's Pizza is closing all of its locations in Russia.
A Delaware judge on Wednesday denied Newsmax's request to throw out part of a defamation lawsuit filed by voting machine company Smartmatic.
Several big banks have agreed to a $499 million settlement in an antitrust lawsuit.
Stocks turned positive Thursday after Nvidia posted better-than-expected earnings.
