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 what you need to know on Tuesday, May 31, 2022, EU leaders agree to ban 90% of Russian oil by year-end, funerals begin in Uvalde, Texas one week after a mass shooting killed 19 children and two adults, and President Biden meets with the world's biggest boy band BTS.
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
An inflation gauge closely tracked by the Federal Reserve rose 6.3% in April from a year earlier, just below a four-decade high set in March and the first slowdown since November 2020.
The pain and grief from this week’s shooting in a 4th grade classroom at Robb Elementary School in Uvalde, Texas is still with us. Cheddar's Shannon Lanier ends the week by pausing to remember some of the faces of the 19 children killed and their teachers.
Cheddar New’s reporter Megan Pratz reports from the scene in Uvalde, Texas, with additional details that indicate the shooter was inside Robb Elementary School for more than an hour before law enforcement was able to confront and kill him.
U.S. stocks ended near session highs to close Thursday's session after retailers released positive earnings results. Investors also continued to weigh the federal reserve's recent indication that the central will raise rates in an effort to curb inflation. Adam Johnson, Portfolio Manager for Adviser Investments, joins Cheddar News' Closing Bell to discuss.
After the horrific mass shooting at a Texas elementary school, activists are once again urging Congress to take action. Trevon Bosley, a gun violence prevention activist, joined Cheddar News to talk about how to push legislators on the issue of new gun restrictions. “Even 10 years later the same sense of hopelessness from before," Bosley said, referring to the lack of change since the Sandy Hook massacre.
In Jarkesy v. Securities and Exchange Commission, the 5th U.S. Circuit Court of Appeals ruled that the SEC violated the U.S. Constitution. Cheddar's Alex Vuocolo dives into how the ruling could potentially change everything for regulators.