The Loop: Six killed in July 4 shooting, interest rates on the rise, Kyrgios reaches Wimbledon quarter-finals

Hi there, it's Tuesday, July 5. Here's what you need to get going today.

Let's start here

• At least six people are dead and dozens are injured after a rooftop gunman opened fire at a 4th of July parade in the Chicago suburb of Highland Park
• Police recovered a rifle at the scene but say the gunman, who is believed to be a white male between the age of 18 and 20, is still at large
• Witness Jeff Leon told CNN the noise of the gunshots "sounded like a string of about 20 firecrackers being let off inside of your metal garbage bin"

Witnesses have described people screaming and running from the scene. (AP: Nam Y Huh)

• Illinois Governor JB Pritzker has condemned the shooting on social media, saying America "must — and we will — end this plague of gun violence"

One thing you'll be hearing about today: Interest rates on the rise

• The Reserve Bank is expected to lift interest rates again today to help tackle Australia's rising inflation
• Economists are predicting a rise of 0.5 percentage points, which would increase the cash rate to 1.35 per cent
• Want to get ahead of the pack and understand the finance lingo before the announcement at 2pm? Here's a quick refresher

News while you snoozed

Let's get you up to speed.

• The NSW SES has recused dozens of people overnight and received hundreds of calls for help as the state's flooding emergency continues, while more evacuation orders have been issued for parts of Sydney's north-west and south-west

More evacuation orders have been issued across parts of Sydney. (ABC News: Harriet Tatham)

• The UN's nuclear watchdog says there is "a lot of work to do" to iron out the technical details of the controversial AUKUS nuclear submarine deal before it can be approved
• Nick Kyrgios and Ajla Tomljanović have made it through to the Wimbledon quarter-finals, but fellow Aussies Alex de Minaur and Jason Kubler have been knocked out

It's the second year in a row that Ajla Tomljanović has made it to the Wimbledon quarter-finals. (AP: Kirsty Wigglesworth)

The news Australia is searching for

NASA Moon: China has rejected suggestions from the head of NASA that Beijing has a military strategy to take over the Moon.

NASA administrator Bill Nelson told a German newspaper it was concerning that China was landing on the moon and could lay claim to it, telling others to stay out.

But China's foreign ministry spokesperson Zhao Lijian says China's space program is normal and reasonable, and has accused accusing the US of constructing a campaign against China.

One more thing: What the census says about your neighbourhood

It's been a week since the Australian Bureau of Statistics dropped the first bunch of 2021 census data and we found out we're less religious, and millennials and boomers are almost equal in number.

But what does the situation look like in your own backyard? Are you living in boomer or millennial territory, or are you experiencing a man drought?  

See how you compare to the rest of the country by searching your postcode here.

That's it for now

We'll be back later on with more.

ABC/wires