Current:Home > MarketsThe Daily Money: A month in a self-driving Tesla -TradeWise
The Daily Money: A month in a self-driving Tesla
View
Date:2025-04-24 15:15:07
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! (7281)
Related
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Cheaper eggs and gas lead inflation lower in May, but higher prices pop up elsewhere
- Teacher's Pet: Mary Kay Letourneau and the Forever Shocking Story of Her Student Affair
- Environmentalists Fear a Massive New Plastics Plant Near Pittsburgh Will Worsen Pollution and Stimulate Fracking
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Jamie Foxx Takes a Boat Ride in First Public Appearance Since Hospitalization
- Supreme Court says 1st Amendment entitles web designer to refuse same-sex wedding work
- Taylor Swift Reunites With Taylor Lautner in I Can See You Video and Onstage
- DoorDash steps up driver ID checks after traffic safety complaints
- Are American companies thinking about innovation the right way?
Ranking
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Jessica Simpson Proves She's Comfortable In This Skin With Make-Up Free Selfie on 43rd Birthday
- Two free divers found dead in Hawaii on Oahu's North Shore
- It's National Tequila Day 2023: See deals, recipes and drinks to try
- A South Texas lawmaker’s 15
- FTC sues Amazon for 'tricking and trapping' people in Prime subscriptions
- How Kyra Sedgwick Made Kevin Bacon's 65th Birthday a Perfect Day
- Trisha Paytas Announces End of Podcast With Colleen Ballinger Amid Controversy
Recommendation
Sam Taylor
Madonna Breaks Silence on Her Health After Hospitalization for Bacterial Infection
Experts raised safety concerns about OceanGate years before its Titanic sub vanished
RHONY's Kelly Bensimon Is Engaged to Scott Litner: See Her Ring
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
OceanGate wants to change deep-sea tourism, but its missing sub highlights the risks
States Have Proposals, But No Consensus, On Curbing Water Shortages In Colorado River Basin
The missing submersible raises troubling questions for the adventure tourism industry