Current:Home > NewsThe Daily Money: A month in a self-driving Tesla -Summit Capital Strategies
The Daily Money: A month in a self-driving Tesla
View
Date:2025-04-13 10:55:36
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! (92988)
Related
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Why US Catholics are planning pilgrimages in communities across the nation
- Oleksandr Usyk beats Tyson Fury by split decision: Round-by-round analysis, highlights
- Valerie Bertinelli is stepping away from social media for 'mental health break': 'I'll be back'
- Sam Taylor
- Dow closes above 40,000 for first time, notching new milestone
- Psst! Target Just Dropped New Stanley Cup Summer Shades & You Need Them in Your Collection ASAP
- Alice Stewart, CNN political commentator, dies at 58
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Georgia Republicans choose Amy Kremer, organizer of pro-Trump Jan. 6 rally, for seat on the RNC
Ranking
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- The sequel has been much better for Luka Doncic and Kyrie Irving as Mavs head to West finals
- Many remember solid economy under Trump, but his record also full of tax cut hype, debt and disease
- Cassie's Lawyer Responds After Sean Diddy Combs' Breaks Silence on 2016 Assault Video
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- The Midwest Could Be in for Another Smoke-Filled Summer. Here’s How States Are Preparing
- Jerry Seinfeld's comedy show interrupted by pro-Palestinian protesters after Duke walkouts
- Inter Miami vs. D.C. United updates: How to watch Messi, what to know about tonight’s game
Recommendation
DoorDash steps up driver ID checks after traffic safety complaints
Disneyland character and parade performers in California vote to join labor union
Q&A: Kevin Costner on unveiling his Western saga ‘Horizon’ at Cannes
Taylor Swift performs 'Max Martin Medley' in Sweden on final night of Stockholm Eras Tour: Watch
Current, future North Carolina governor’s challenge of power
Storms damage homes in Oklahoma and Kansas. But in Houston, most power is restored
6 people injured, hospitalized after weekend shooting on Chicago’s West Side
San Diego deputy who pleaded guilty to manslaughter now faces federal charges