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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Cheddar News checks in on what to look out for on The Day Ahead as earnings season continues with TJX Cos., Target and Take Two Interactive among those reporting on Wednesday. April housing starts data is also set to be released while Netflix will hold its upfront presentation virtually amid a continued writers' strike.
Billy McFarland, who served four years in prison for the failed Fyre Festival in the Bahamas that saw investors lose millions, is back. McFarland joined Cheddar News to explain a new Fyre Festival he is planning along with a Broadway musical, both in the works.
Retail sales saw a modest uptick in April as inflation eased somewhat as consumers look toward the summer season to spend some more. Mario Payne, financial planner for Toams Financial, joined Cheddar News to provide some guidance on how to work up a responsible summer budget plan.
Dryden Pence, chief investment officer with Pence Capital, joined Cheddar News to discuss Tuesday's market session and touched on what the Federal Reserve may decide on at its next meeting as inflation continues to play a role and consumer spending remains firm.
Stellantis is telling owners of nearly 220,000 Jeep Cherokee SUVs worldwide to park them outdoors and away from other vehicles because the power liftgates can catch fire even when the engines are off.
After years of explosive growth during the pandemic, Home Depot’s revenue during the first quarter fell short of expectations and the company cut its profit and sales outlook for the year
