Tesla’s Robotaxis Are Here: Everything You Need to Know

Fred Smith, the visionary entrepreneur who revolutionized global shipping by founding FedEx, has passed away at 80. Known for turning a college paper idea into a logistics empire, Smith’s "absolutely, positively overnight" guarantee changed how the world moves packages. His leadership made FedEx a household name and reshaped modern commerce.

Global markets took a hit today as investors nervously weighed the potential ripple effects of recent U.S. military strikes on Iran. Stocks dipped, oil prices wobbled, and traders seemed unsure whether to brace for escalation or bet on de-escalation. It’s one of those "wait-and-see" moments where geopolitics throws a wrench into the usual market rhythms.

The dollar is strengthening and oil prices are creeping higher after the U.S. launched strikes against Iran, but stock futures are holding steady—for now. Analysts aren’t too worried about major disruptions to oil supplies, but markets are clearly keeping a close eye on geopolitical tensions.

If tensions between Israel and Iran escalate, it could send shockwaves through global energy markets. Historically, Middle East conflicts disrupt oil supplies or create uncertainty, pushing up wholesale prices. That means higher costs for everything from gas at the pump to your home electricity bill—and potentially more inflation headaches for economies still recovering from recent spikes.

Venezuela's second-biggest oil refinery, Cardón, has ground to a halt after a major power outage knocked out operations, according to insider sources. The shutdown is another blow to the country’s struggling oil industry, which has been plagued by years of underinvestment and mismanagement.