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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A legislative package to end the government shutdown appears on track. A handful of Senate Democrats joined with Republicans to advance the bill after what's become a deepening disruption of federal programs and services. But hurdles remain. Senators are hopeful they can pass the package as soon as Monday and send it to the House. What’s in and out of the bipartisan deal has drawn criticism and leaves few senators fully satisfied. The legislation includes funding for SNAP food aid and other programs while ensuring backpay for furloughed federal workers. But it fails to fund expiring health care subsidies Democrats have been fighting for, pushing that debate off for a vote next month.
Sabrina Siddiqui, National Politics Reporter at The Wall Street Journal, joins to break down the SNAP funding delays and the human cost of the ongoing shutdown.
Arguments at the Supreme Court have concluded for the day as the justices consider President Donald Trump's sweeping unilateral tariffs in a trillion-dollar test of executive power.
President Donald Trump said he has decided to lower his combined tariff rates on imports of Chinese goods to 47% after talks with Chinese leader Xi Jinping on curbing fentanyl trafficking.
The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring even as inflation stays elevated. The move comes amid a fraught time for the central bank, with hiring sluggish and yet inflation stuck above the Fed’s 2% target. Compounding its challenges, the central bank is navigating without much of the economic data it typically relies on from the government. The Fed has signaled it may reduce its key rate again in December but the data drought raises the uncertainty around its next moves. Fed Chair Jerome Powell told reporters that there were “strongly differing views” at the central bank's policy meeting about to proceed going forward.
