Current:Home > ScamsThe Daily Money: A month in a self-driving Tesla -Edge Finance Strategies
The Daily Money: A month in a self-driving Tesla
Johnathan Walker View
Date:2025-04-07 23:34:58
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! (6)
Related
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Gianforte and Zinke seek to continue Republican dominance in Montana elections
- Hogan and Alsobrooks face off in Maryland race that could sway US Senate control
- John Barrasso, Wyoming’s high-ranking Republican U.S. senator, seeks 3rd full term
- Skins Game to make return to Thanksgiving week with a modern look
- Democratic mayors in San Francisco and Oakland fight to keep their jobs on Election Day
- Independent US Sen. Angus King faces 3 challengers in Maine
- Baltimore mayor Brandon Scott speaks of 'transformative' impact of sports
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Gianforte and Zinke seek to continue Republican dominance in Montana elections
Ranking
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Democrats defend Michigan’s open Senate seat, a rare opportunity for Republicans
- Za'Darius Smith trade winners, losers: Lions land Aidan Hutchinson replacement
- Florida ballot measures would legalize marijuana and protect abortion rights
- Trump invites nearly all federal workers to quit now, get paid through September
- Two Democratic leaders seek reelection in competitive races in New Mexico
- Democrats are heavily favored to win both of Rhode Island’s seats in the US House
- MLB free agent rankings: Soto, Snell lead top 120 players for 2024-2025
Recommendation
Bodycam footage shows high
GOP Gov. Jim Justice battles Democrat Glenn Elliott for US Senate seat from West Virginia
Baltimore mayor Brandon Scott speaks of 'transformative' impact of sports
Republicans try to hold onto all of Iowa’s 4 congressional districts
What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
The top US House races in Oregon garnering national attention
Who is John King? What to know about CNN anchor reporting from the 'magic wall'
Republican incumbent Josh Hawley faces Democrat Lucas Kunce for US Senate seat in Missouri