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Breaking News: Economy

Flight 5 includes a booster capture attempt

SpaceX launched its fifth test flight of its Starship rocket on Sunday, pulling off a dramatic first catch with the rocket's launch vehicle system more than 20 stories high. Elon Musk's company launched Starship at 8:25 a.m. ET from its…

Panic buying amid US port strike raises food supply concerns

Stew Leonard, Jr., CEO of grocer Stew Leonard's, told CNBC that his grocery stores have front-loaded what they could and are fine on most items through Thanksgiving, but customers looking for fresh produce and fish may have to delay their…

The supply of blockbuster weight-loss drugs has been affected by the trade halt

A Zepbound injection pen from Eli Lilly & Co., March 28, 2024. Bloomberg | Bloomberg | Getty Images As a port strike that stretched from New England to Texas brought nearly half of all trade to the U.S. to a…

Strike in the ports on the east coast, work stoppage by the ILA union leads to billions in losses in trade

Shipping containers pile up in the Port of Newark on September 30, 2024, as seen from New York City. A massive strike to close ports on the East and Gulf Coasts began at midnight, while members of the International Longshoremen's…