SpaceX’s Starship spacecraft, the upper portion of the most powerful launch system ever made, exploded during its eighth test flight this evening, creating a massive debris cloud near populated islands in the Caribbean and Atlantic. Today’s test flight came after SpaceX waved off plans to launch earlier this week as engineers troubleshot undisclosed issues. Plus, the President in retreat, not once, but twice today on two key initiatives. What the future looks like for President Trump's tariffs, after markets tanked again today.

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