Current:Home > StocksThe Daily Money: A month in a self-driving Tesla -Excel Wealth Summit
The Daily Money: A month in a self-driving Tesla
Surpassing Quant Think Tank Center View
Date:2025-04-07 20:04:44
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
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Turn Your House Into a Smart Home With These 19 Prime Day 2023 Deals: Ring Doorbell, Fire TV Stick & More
- Russia's nixing of Ukraine grain deal deepens worries about global food supply
- Colleen Ballinger's Remaining Miranda Sings Tour Dates Canceled Amid Controversy
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Study Shows Protected Forests Are Cooler
- Take 42% Off a Portable Blender With 12,200+ 5-Star Amazon Reviews on Prime Day 2023
- Cory Wharton's Baby Girl Struggles to Breathe in Gut-Wrenching Teen Mom Preview
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- As the Climate Changes, Climate Fiction Is Changing With It
Ranking
- What do we know about the mysterious drones reported flying over New Jersey?
- Zayn Malik's Call Her Daddy Bombshells: Gigi Hadid Relationship, Yolanda Hadid Dispute & More
- Jennifer Aniston’s Go-To Vital Proteins Collagen Powder and Coffee Creamer Are 30% Off for Prime Day 2023
- Maryland, Virginia Race to Save Dwindling Commercial Fisheries in the Chesapeake Bay
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- RHOM's Guerdy Abraira Proudly Debuts Shaved Head as She Begins Chemotherapy for Breast Cancer
- Science Day at COP27 Shows That Climate Talks Aren’t Keeping Pace With Planetary Physics
- TikTok’s Favorite Hair Wax Stick With 16,100+ 5-Star Reviews Is $8 for Amazon Prime Day 2023
Recommendation
Intel's stock did something it hasn't done since 2022
10 years ago Detroit filed for bankruptcy. It makes a comeback but there are hurdles
Raven-Symoné Reveals How She Really Feels About the Ozempic Craze
Why American Aluminum Plants Emit Far More Climate Pollution Than Some of Their Counterparts Abroad
'Most Whopper
Turn Your House Into a Smart Home With These 19 Prime Day 2023 Deals: Ring Doorbell, Fire TV Stick & More
Make Your Life Easier With 25 Problem-Solving Products on Sale For Less Than $21 on Prime Day 2023
Amazon Prime Day 2023 Deals That Make Great Holiday Gifts: Apple, Beats, Kindle, Drybar & More