Here are your Need2Know headlines for Thursday, Nov. 3, 2022. 

Parkland Shooter Sentenced, Biden's Warning About Democracy: What You Need2Know Thursday Nov. 3

the Federal Reserve approved 1/4 straight rate hike of three quarters of a percentage point that happened yesterday. As part of the battle to bring down inflation. It brings the central bank's benchmark lending rate to a new targeted range of 3.75% to 4%. And that's the high Highest the Fed funds rate has been since January 2008. Chairman Jerome Powell hinted that the pace of hikes may slow, but he also noted that the Fed still has a long way to go before interest rates are high enough to bring inflation down to comfortable levels. My colleagues and I are acutely aware that high inflation imposes significant hardship it is as it erodes purchasing power, especially for those least able to meet the higher costs of essentials like food, housing and transportation. We are highly attentive to the risks that high inflation po poses to both sides of our mandate and we're strongly committed to returning inflation to our 2% objective. Meanwhile, Nicholas Cruz, the gunman who murdered 14 students and three staff members at Marjory Stoneman Douglas High School in 2018 was sentenced yesterday to life in prison without parole. That sentence applies to each of the 17 counts of murder. That cruz pled guilty to last year and each life sentence will be run consecutively, survivors and families of those killed in the Parkland shooting made more statements before the sentence was read, expressed their anger at cruz. He avoided the death penalty at his trial in october one in five deaths of U. S. Adults age 20 to 49 is from excessive drinking. That's according to a new study from the Jama Network. Open researchers took national and state mortality data from 2015 to 2019 and looked at deaths either fully or partially attributed to excessive drinking. Those causes of death include vehicle accidents, alcohol poisoning and other health impacts such as liver disease. The sea dc defends moderate drinking defines that is moderate drinking as two drinks or less in a day for men or one drink or less than a day for women. Two thirds of adults report drinking more than moderate amounts at least once a month. Meanwhile, two of the largest U. S. Pharmacy chains, CVS and Walgreens announcing agreements yesterday this will pay about $5 billion each to settle lawsuits nationwide. That over the toll of opioids. That lawsuit said that pharmacies filled prescriptions, they should have flagged as inappropriate. The deals call for most of those funds to be used to fight the opioid crisis all through expanding treatment and support programs for people with addiction providing overdose antibodies for those launching prevention efforts. The opioid overdose crisis has been linked to more than 500,000 deaths in the US over the last two decades. Well, it looks like Elon musk has another idea to monetize twitter. The company is pushing ahead with plans to charge for content including videos. So twitter is we Working on a feature that would let people post videos and charge users between one and $10 to view them, with the company taking a little bit of that cut, of course, on the proceeds, and that's according to an internal email obtained by the Washington Post, the company appears to be aiming to launch the feature referred to as pay walled video one or two weeks from now, but according to the email, Twitter calls the move high risk and says that the feature will undergo a brief internal review before moving forward.