Current:Home > InvestThe Daily Money: A month in a self-driving Tesla -TrueNorth Capital Hub
The Daily Money: A month in a self-driving Tesla
View
Date:2025-04-16 15:37:15
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! (5659)
Related
- Skins Game to make return to Thanksgiving week with a modern look
- Death penalty charges dismissed against man accused of killing Indianapolis officer
- Kerry and Xie exit roles that defined generation of climate action
- A portrait of America's young adults: More debt burdened and financially dependent on their parents
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Walgreens to pay $275,000 to settle allegations in Vermont about service during pandemic
- DNA from 10,000-year-old chewing gum sheds light on teens' Stone Age menu and oral health: It must have hurt
- AP Week in Pictures: Europe and Africa
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Business Insider to lay off around 8% of employees in latest media job cuts
Ranking
- Questlove charts 50 years of SNL musical hits (and misses)
- Facebook parent Meta picks Indiana for a new $800 million data center
- SAG-AFTRA defends Alec Baldwin as he faces a new charge in the 'Rust' fatal shooting
- Kansas City Chiefs' Isiah Pacheco runs so hard people say 'You run like you bite people'
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Fact checking Sofia Vergara's 'Griselda,' Netflix's new show about the 'Godmother of Cocaine'
- Senate deal on border and Ukraine at risk of collapse as Trump pushes stronger measures
- How niche brands got into your local supermarket
Recommendation
Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
After Dylan Mulvaney controversy, Bud Light aims for comeback this Super Bowl
Raheem Morris hired as head coach by Atlanta Falcons, who pass on Bill Belichick
Facebook parent Meta picks Indiana for a new $800 million data center
Senate begins final push to expand Social Security benefits for millions of people
First IVF rhino pregnancy could save northern white rhinos from the brink of extinction.
A portrait of America's young adults: More debt burdened and financially dependent on their parents
Family of woman killed in alligator attack sues housing company alleging negligence