Headline News from The Associated Press
AP Headline News - Jun 13 2024 10:00 (EDT)
AP News, I'm Jackie Quinn, a second day of data showing inflation is cooling down. The government releases its producer price index. Here's our Shelley Adler. The Labor Department reported that its producer price index, which tracks inflation before it reaches consumers, declined 0.2 percent from April to May after rising a half percent the month before. And unemployment increased last week by 13,000 claims, assigned the labor market may be cooling as well, which was the goal of the Federal Reserve's interest rate hikes. Yesterday, Fed Chairman Jerome Powell suggested rate cuts will be coming. "I don't have a precise date for you, but what we said is that we want to make sure that we're confident that inflation is actually moving back down to 2 percent." Elon Musk is asking Tesla shareholders today to uphold his compensation package of nearly $45 billion, and if they don't, he might walk. More from the AP's Tom Krisscher. "He says that he needs that to develop artificial intelligence at Tesla and has threatened that he might move AI development to another one of his companies if he doesn't get a 25 percent stake." Jailed U.S. journalist Evan Gerkovich will go on trial on spy charges in Russia. Russian authorities made the announcement today. G7 leaders are working on aid for Ukraine, with a $50 billion loan package secured by frozen Russian assets. With reporters, White House National Security Advisor Jake Sullivan says the leaders will endorse a peace plan for Israel. "Bringing that deal to closure so that we can get a ceasefire in place in the hostages home." And early morning shooting has killed a child in Milwaukee, nine years old, authorities say it happened around midnight. While Republican lawmakers are excited about Donald Trump coming to Capitol Hill today, there were protesters outside. "This is not normal, this is not..." This is AP News. Election disinformation and foreign interference. Our Ben Thomas reports on warnings for 2024. "U.S. officials who track disinformation campaigns say they're issuing more warnings to political candidates, government officials, and others targeted by foreign groups. As America's adversaries seek to influence the 2024 election. Russia, China, and Iran have done it before, and advances in artificial intelligence only heighten the risk. They may reflect a growing threat or simply improve detection. And of course, presidential elections draw more attention. Ben Thomas, Washington. While the kids, there's a new series of Fortnite games coming out, featuring the band Metallica. I'm Jackie Quinn, AP News. From fires, wind, and hail to woodpeckers and other pests, Colorado's nature puts our homes through it. Rely on 5280 exteriors to restore your home's sighting. Made primarily of cement, 5280 exteriors, quality James Hardy's sighting is flame-resistant and repels insects and woodpeckers. Right now, 5280 exteriors will provide all new gutters for free when you buy whole house sighting. Get your free estimate today at 5280 exteriors.com, 5280 exteriors, the altitude of quality. American Giant makes great clothing, sweatshirts, jeans, and more right here in the U.S. Visit american-giant.com and get 20% off your first order with Code Staple 20. That's 20% off your first order at american-giant.com, Code Staple 20. What makes for a great vacation? Depends on who you ask. Are you looking to get away or bring everyone together? Do you want to get outside and play or see a play at the plate? Fortunately, however you operate, I'm the destination you've been looking for. The name's Missouri, but you can call me Mo. And I have just one question. What's your Mo? Come see me at visitmo.com. (upbeat music)