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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The Cowboy State has become one of the world's top tax havens, according to the Pandora Papers, a trove of more than 11.9 million documents obtained by the International Consortium of Investigative Journalists and The Washington Post. The papers reveal, among other things, how ultra-wealthy people from around the world move money into the U.S., invest, and spend it under a shroud of secrecy. Allison Tait, University of Richmond law professor, joined Cheddar to talk about Wyoming's laidback tax laws, their impact on the nation's economy, and provided some details on the financial arrangement known as the "cowboy cocktail."
Carlo and Baker preview President Biden's address to the nation as Omicron becomes the new dominant Covid strain. Plus, Trump gets booed for getting his booster and the White House gets a new puppy.
China and Russia are saying they want to work closer together in different areas after a recent call between Presidents Xi Jinping and Vladimir Putin. What are the implications of a close partnership between Beijing and Moscow? Cheddar News breaks things down with expert Hagar Chemali.
Michele Schneider, Partner and Director of Trading Research & Education for MarketGauge.com, joins Cheddar News' Closing Bell, where she says the spread of the Omicron variant and Jerome Powell's comments following the latest Fed decision are spooking investors heading into the weekend.
Carlo and Baker wrap up another week discussing the latest explosion in new Covid cases in the Northeast, President Biden's stalled agenda and more. Plus, Love, Hate, Ate featuring the question: why did movie dialogue get so hard to understand?
Since July 2021, families with children have received monthly payments from the federal government as part of the expanded child tax credit, a policy that may be expiring this month. Megan Curran, policy director at the Center on Poverty and Social Policy at Columbia University, joined Cheddar News to discuss.
During the pandemic, student loan debt repayment was put on pause amid an unprecedented crisis. However, on February 1, 2022, the schedule is set to resume, and currently it looks as though the Biden administration has no plans to extend it. Cody Hounanian, the executive director of the Student Debt Crisis Center, spoke to Cheddar about why he believes the loan collection pause needs to at least be extended as borrowers are still struggling with the resurgent pandemic and inflation. "There's really no good economic or policy or political reason as far as why they're focused on getting payments started now," Hounanian said. "We surveyed 33,000 people with student loans last month. Nine out of 10 told us that they are not ready to resume payments."
As the 2022 midterm elections fast approach, here are some politicians Americans should be on the lookout for. Democratic Massachusetts state senator Sonia Chang-Diaz, who was the first Latina and Asian American woman to be elected to the state's senate, now has her eye on the governorship with Republican Charlie Baker leaving. New Jersey GOP candidate for Congress, Billy Prempeh also bears watching, and while Boston's newest mayor, Democrat Michelle Wu, was already sworn in last month, all eyes will be on Beantown as the first woman and first person of color to hold the office tries to usher in a new era for the city.
