Current:Home > NewsThe Daily Money: A month in a self-driving Tesla -Core Financial Strategies
The Daily Money: A month in a self-driving Tesla
View
Date:2025-04-16 01:31:52
Good morning! It's Daniel de Visé with your Daily Money.
My colleague, Jim Sergent, woke up on April 1 and noticed an email from Tesla on his phone: What? Free self-driving mode on his Model Y for the entire month?
As it was April Fool's Day, Jim guessed Elon Musk was playing a joke on Tesla drivers. He'd hop in the car, fire up the feature and trigger a video on the center screen of Musk wagging his finger and laughing.
But no, Musk was good to his word.
Here's what Jim learned from a month with Tesla doing the driving.
Fed passes on interest-rate cuts, again
The Federal Reserve held its key interest rate steady again Wednesday and gave no signal that it plans to lower it anytime soon, following a resurgence of inflation early this year.
In a statement after a two-day meeting, the Fed pointedly said: “In recent months, there has been a lack of further progress toward the (Fed’s) 2 percent inflation objective.”
Concerns about persistent inflation suggest the Fed likely won't be prepared to cut rates for at least a few months, if not longer.
How will this affect the stock market? Mortgage rates? The economy?
Read our full report.
📰 More stories you shouldn't miss 📰
- How much is an hour of your time worth?
- Trump vows to crush 'anti-white' racism
- Over-50 Americans fretful about retirement
- Check out this 'unstoppable' growth stock
- All about I bonds
📰 A great read 📰
Finally, here's a popular story from earlier this year that you may have missed. Read it! Share it!
Spring cleaning can mean tidying up your wallet or pocketbook, as well as your closet.
In the spirit of renewal, here are 12 financial moves you should make this spring, which is already halfway over. Some are annual rituals, or should be. Others are tasks we tend to put off, but shouldn’t.
Start cleaning!
About The Daily Money
Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.
Daniel de Visé covers personal finance for USA Today.
veryGood! (11)
Related
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- An Oregon judge enters the final order striking down a voter-approved gun control law
- Russia says it's detained U.S. citizen Robert Woodland on drug charges that carry possible 20-year sentence
- With California’s deficit looming, schools brace for Gov. Gavin Newsom’s spending plan
- Bodycam footage shows high
- Massachusetts family killed as a result of carbon monoxide poisoning, police say
- Amy Robach and T.J. Holmes Reveal NSFW Details About Their Sex Life
- Barry Keoghan reveals he battled flesh-eating disease: 'I'm not gonna die, right?'
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Georgia passes Michigan, Alabama in early 2025 CFP National Championship odds
Ranking
- Grammy nominee Teddy Swims on love, growth and embracing change
- Small-town Minnesota hotel shooting kills clerk and 2 possible guests, including suspect, police say
- Pope Francis blasts surrogacy as deplorable practice that turns a child into an object of trafficking
- Cesarean deliveries surge in Puerto Rico, reaching a record rate in the US territory, report says
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Preserving our humanity in the age of robots
- Jimmy Kimmel vs. Aaron Rodgers: A timeline of the infamous feud
- South Carolina no longer has the least number of women in its Senate after latest swearing-in
Recommendation
Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
Hydrogen energy back in the vehicle conversation at CES 2024
More Than 900 Widely Used Chemicals May Increase Breast Cancer Risk
Aaron Rodgers responds to Jimmy Kimmel after pushback on Jeffrey Epstein comment
What to watch: O Jolie night
South Korean lawmakers back ban on producing and selling dog meat
South Carolina no longer has the least number of women in its Senate after latest swearing-in
Florida deputy delivers Chick-fil-A order after DoorDash driver arrested on DUI charges