US producer prices rise 2.6% annually with slight 0.1% monthly increase in May
US producer prices rose 2.6% annually in May, matching market expectations, with a modest 0.1% increase from April, the US Bureau of Labor Statistics reported.
A Russian drone attack on Kharkiv, Ukraine's second-largest city, has left at least three people dead and at least 64 others injured, including five children. The nine-minute strike on Tuesday involved 17 drones and caused fires and significant damage to residential and public areas in the city.
The assault, involving 17 drones, ignited fires in 15 units of a five-storey apartment building and caused significant damage in the city, located near the Russian border, according to the Kharkiv Mayor, Ihor Terekhov.
Terekhov detailed on Telegram that there were direct hits on multi-storey buildings, private homes, playgrounds, businesses, and public transport.
Nine of the injured, including a 2-year-old girl and a 15-year-old boy, have been hospitalised, Oleh Sinehubov, the governor of the broader Kharkiv region, said on Telegram.
Local emergency services shared footage showing firefighters combating fires in the damaged buildings. Reuters could not independently verify the location or timing of the footage.
A Reuters witness saw rescuers assisting victims from damaged buildings, providing medical care, and firefighters battling flames in the darkness.
Kharkiv, located in northeastern Ukraine, resisted Russia's full-scale offensive in the war's early days and has remained a frequent target of air strikes.
Meanwhile, the Ukrainian military said Russia had launched a total of 85 drones overnight, not just at Kharkiv, 40 of which were shot down. It said nine drones were lost - a reference to the Ukrainian military using electronic warfare to redirect them - or they were drone simulators that did not carry warheads.
"The main areas of the air strike are Kharkiv, Donetsk and Odesa regions," the military said on Telegram.
Tuesday nights attacks follow after Russia launched its two largest assaults of the war on Ukraine earlier this week, part of a broader intensification of bombings that Moscow claimed were in retaliation for Kyiv's recent attacks on Russian territory.
There was no immediate response from Russia. Both sides deny deliberately targeting civilians in the war that began in February 2022.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 8th, covering the latest developments you need to know.
Presidential candidate Miguel Uribe Turbay is in critical condition after being shot three times — including twice in the head — during a campaign event in Bogotá.
A 30-year-old woman was shot by police in Munich on Saturday evening after stabbing two people at Theresienwiese, a central park best known for hosting Oktoberfest.
Kazakhstan and the UK are strengthening defense ties with a new Military Cooperation Plan, focusing on peacekeeping and military education.
Mexican President Claudia Sheinbaum has condemned U.S. immigration raids and National Guard deployment in Los Angeles, calling for reforms instead of enforcement.
Tensions between the U.S., Israel, and Iran are nearing a critical point as President Trump warns that an Israeli strike on Iran "could very well happen," while still expressing hopes for a peaceful resolution over Tehran’s nuclear ambitions.
Türkiye and Azerbaijan are deepening defense ties with two major joint military drills in Nakhchivan this June, aiming to strengthen strategic cooperation and regional readiness.
European foreign ministers agreed to increase pressure on Russia by imposing new sanctions targeting its energy and banking sectors amid ongoing conflict with Ukraine.
As G7 leaders prepare to meet, most member states are ready to cut the Russian oil price cap to $45 even without U.S. backing.
NVIDIA unveiled plans on Wednesday to build the world’s first industrial AI cloud in Germany, aiming to revolutionize European manufacturing with a 10,000-GPU facility and partnerships with industry leaders like BMW, Siemens, and Mercedes-Benz.
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