Current:Home > ContactThe Daily Money: A month in a self-driving Tesla -RiskWatch
The Daily Money: A month in a self-driving Tesla
View
Date:2025-04-13 04:59:19
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! (5292)
Related
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Should Pete Rose be in the Baseball Hall of Fame? Some Ohio lawmakers think it's time
- Maple Leafs' Sheldon Keefe: Bruins' Brad Marchand 'elite' at getting away with penalties
- Shohei Ohtani finding comfort zone with scandal (mostly) behind him. Watch out, MLB teams.
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- More cows are being tested and tracked for bird flu. Here’s what that means
- Tennessee House kills bill that would have banned local officials from studying, funding reparations
- Why Gwyneth Paltrow Is Having Nervous Breakdown Over This Milestone With Kids Apple and Moses
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- The Essentials: Mindy Kaling spills on running to Beyoncé, her favorite Sharpie and success
Ranking
- The Daily Money: Spending more on holiday travel?
- New California rule aims to limit health care cost increases to 3% annually
- Shohei Ohtani finding comfort zone with scandal (mostly) behind him. Watch out, MLB teams.
- Mississippi city settles lawsuit filed by family of man who died after police pulled him from car
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Judge declines to dismiss lawsuits filed against rapper Travis Scott over deadly Astroworld concert
- 2 women killed by Elias Huizar were his ex-wife and 17-year-old he had baby with: Police
- Ryan Reynolds, Rob McElhenney talk triumph, joy and loss in 'Welcome to Wrexham' Season 3
Recommendation
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
Ranking the best players available in the college football transfer portal
Key moments in the Supreme Court’s latest abortion case that could change how women get care
Last-place San Jose Sharks fire head coach David Quinn
Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
Tennessee House kills bill that would have banned local officials from studying, funding reparations
Amazon cloud computing unit plans to invest $11 billion to build data center in northern Indiana
After 24 years, deathbed confession leads to bodies of missing girl, mother in West Virginia