Current:Home > MyThe Daily Money: A month in a self-driving Tesla -Capitatum
The Daily Money: A month in a self-driving Tesla
View
Date:2025-04-11 14:53:15
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! (2429)
Related
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Warming Trends: A Baby Ferret May Save a Species, Providence, R.I. is Listed as Endangered, and Fish as a Carbon Sink
- Florida lawyer arrested for allegedly killing his father, who accused him of stealing from family trust
- Washington Commits to 100% Clean Energy and Other States May Follow Suit
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Q&A: A Sustainable Transportation Advocate Explains Why Bikes and Buses, Not Cars, Should Be the Norm
- Ben Stiller and Christine Taylor Make Rare Red Carpet Appearance With 21-Year-Old Daughter Ella
- Trump’s Budget Could Have Chilling Effect on U.S. Clean Energy Leadership
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Cities Pressure TVA to Boost Renewable Energy as Memphis Weighs Breaking Away
Ranking
- Trump invites nearly all federal workers to quit now, get paid through September
- The northern lights could be visible in several states this week. Here's where you might see them.
- Eminem's Daughter Alaina Marries Matt Moeller With Sister Hailie Jade By Her Side
- Shop Plus-Sized Swimwear From Curvy Beach To Make the Most of Your Hot Girl Summer
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- As Deaths Surge, Scientists Study the Link Between Climate Change and Avalanches
- Washington Commits to 100% Clean Energy and Other States May Follow Suit
- Why Hot Wheels are one of the most inflation-proof toys in American history
Recommendation
'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
With Lengthening Hurricane Season, Meteorologists Will Ditch Greek Names and Start Forecasts Earlier
In the Pacific, Global Warming Disrupted The Ecological Dance of Urchins, Sea Stars And Kelp. Otters Help Restore Balance.
Was your flight to Europe delayed? You might be owed up to $700.
Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
Binance was once FTX's rival and possible savior. Now it's trying not to be its sequel
State by State
Tamra Judge Wore This Viral Lululemon Belt Bag on Real Housewives of Orange County