Current:Home > MyThe Daily Money: A month in a self-driving Tesla -CapitalEdge
The Daily Money: A month in a self-driving Tesla
View
Date:2025-04-19 04:21:11
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! (138)
Related
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Heinz announces new product after Taylor Swift condiment choice goes viral at Chiefs game
- Search for man who police say shot deputy and another person closes schools in South Carolina
- New Thai prime minister pays friendly visit to neighboring Cambodia’s own new leader
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Why Gerry Turner Was the Perfect Choice to Be the First Golden Bachelor
- Police: Ghost guns and 3D printers for making them found at New York City day care
- Swiss court acquits former Belarusian security operative in case of enforced disappearances
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Senior Thai national park official, 3 others, acquitted in 9-year-old case of missing activist
Ranking
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Volcanic supercontinent will likely wipe out humans in 250 million years, study says
- Why this week’s mass exodus from embattled Nagorno-Karabakh reflects decades of animosity
- DNA sample from suspect in Gilgo Beach murders matches pizza crust, prosecutors say
- 2025 'Doomsday Clock': This is how close we are to self
- Michael Gambon, veteran actor who played Dumbledore in 'Harry Potter,' dies at 82
- Pregnant Kourtney Kardashian's Second Sustainable Boohoo Collection Is Here!
- Wildfires can make your California red taste like an ashtray. These scientists want to stop that
Recommendation
Questlove charts 50 years of SNL musical hits (and misses)
Chiefs linebacker Willie Gay takes subtle shot at Jets quarterback Zach Wilson
Man convicted of attempted murder escapes custody
Monument honoring slain civil rights activist Viola Liuzzo and friend is unveiled in Detroit park
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
A Florida man and dog were attacked by a rabid otter. Here's what to know about the symptoms and treatment.
Man convicted of attempted murder escapes custody
Powerball jackpot nears $1 billion after no winners: When is the next drawing?