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Virgin Galactic says FAA has cleared it for further flights

Virgin Galactic said Wednesday that the Federal Aviation Administration has cleared it to resume launches after an investigation into why its spaceship veered off course while descending during a July flight with founder Richard Branson aboard.

Ida: Economists foresee only modest damage to US economy

Hurricane Ida is sure to take a toll on the energy, chemical and shipping industries that have major hubs along the Gulf Coast, but the impact on the overall U.S. economy should be modest so long as damage estimates don't rise sharply and refinery shutdowns are not prolonged, economists suggested Sunday.