These are the headlines you Need2Know:
* **Trump Threatens Iran on Twitter:**
President Trump lashed out against Iranian President Hassan Rouhani late Sunday, warning him -- in an all-caps [tweet](https://twitter.com/realDonaldTrump/status/1021234525626609666) -- to "never, ever threaten the United States again or you will suffer the consequences the likes of which few throughout history have ever suffered before." His tweet comes in response to Rouhani's warning to Trump that "war with Iran is the mother of all wars." Read the details on [NPR.](https://www.npr.org/2018/07/23/631454795/trump-to-irans-president-never-ever-threaten-the-u-s-again)
* **Deadly Shooting in Toronto:**
Two people died and a dozen others were wounded in Toronto after a shooter opened fire in a popular neighborhood late Sunday. Neither of the victims has been identified. Authorities say the gunman is also dead, and they are now investigating the motive behind the shooting. Read the latest on [CNN.](https://www.cnn.com/2018/07/22/americas/toronto-restaurant-shooting/index.html)
* **Mourning Boat Accident Victims:**
The 17 victims of the duck boat accident in Missouri were remembered in a service on Sunday near the site of the accident. The memorial came as federal investigators are examining the boat's black box and video footage. Read more at [CBS News.](https://www.cbsnews.com/news/branson-community-mourns-missouri-duck-boat-victims-today-2018-07-22/)
* **Italian Wins the British Open:**
Francesco Molinari claimed the Claret Jug on Sunday, becoming the first Italian to win a major. He outlasted Tiger Woods, Jordan Spieth, Rory McIlroy and others to secure the prize. Read more at [BBC.](https://www.bbc.com/sport/golf/44918313)
Cheddar's Hope King 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.
