These are the headlines you Need2Know:
* **Toronto Shooter Had Tumultuous Mental History:**
The parents of slain shooter Faisal Hussain went public on his history of mental illness, but officials have not yet identified his motives. The 29-year-old shot and killed two and wounded at least a dozen on Sunday. Read the details [here](https://www.cnn.com/2018/07/24/americas/toronto-shooting-investigation/index.html).
* **Umbrellas Up, Northeasterners!:**
A flash-flood warning is in effect after heavy rainfall has flooded several Pennsylvanian towns. In Scranton, certain parts of Hershey park are submerged in water. See the map [here](https://twitter.com/NWS/status/1021536276095426560).
* **Twitter War Forges Ahead:**
Following President Trump’s all-caps [Twitter](https://twitter.com/realDonaldTrump/status/1021234525626609666) threat to Iranian President Hassan Rouhani, the Iranian Foreign Minister Mohammad Javad Zarif fired back on Monday, warning the U.S. to, “BE CAUTIOUS!” Read the full subtweet from Zarif [here](https://twitter.com/JZarif/status/1021471196242735104).
* **North Korea Tunes it Down:**
Just over a month after Trump met with North Korean leader Kim Jong-un in Singapore to discuss denuclearization, the country is dismantling several ballistic missile launch sites. Stay with the story [here](https://www.theguardian.com/world/2018/jul/24/north-korea-satellite-images-show-dismantling-of-missile-test-facilities-report).
Cheddar's Hena Doba with the latest.
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U.S. tariffs on steel and aluminum “will not go unanswered,” European Union chief Ursula von der Leyen vowed on Tuesday, adding that they will trigger toug
President Donald Trump is hitting foreign steel and aluminum with a 25% tax. If that sounds familiar, it’s because he did pretty much the same thing during
President Donald Trump has ordered the U.S. to stop minting pennies. His surprise announcement comes after decades of unsuccessful efforts to phase out the 1-cent coin. Advocates for ditching the penny cite its high production cost and limited utility. Fans of the penny cite its usefulness in charity drives and relative bargain in production costs compared with the nickel. Here's a look at some question surrounding Trump's order.
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal. Russell Vought is the newly installed director of the Office of Management and Budget. Vought directed the CFPB in a Saturday night email to stop work on proposed rules, to suspend the effective dates on any rules that were finalized but not yet effective, and to stop investigative work and not begin any new investigations. The agency has been a target of conservatives since President Barack Obama created it following the 2007-2008 financial crisis.
Brian Bennett, Senior White House correspondent at TIME, discusses Musk's relationship to Donald Trump and how he has such access in the federal government.
MarketWatch's Rob Schroeder helps us break down what is happening with tariffs implemented by the Trump admin., plus what Canada and Mexico have promised.
