Current:Home > InvestThe Daily Money: A month in a self-driving Tesla -Dynamic Wealth Solutions
The Daily Money: A month in a self-driving Tesla
Algosensey Quantitative Think Tank Center View
Date:2025-04-11 04:45:00
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! (8)
Related
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Maritime historians discover steam tug hidden in Lake Michigan since 1895
- Tyler Cameron’s Girlfriend Tate Madden Shares Peek Inside Their Romance
- When is 'Love is Blind' Season 7? Premiere date, time, cast, full episode schedule, how to watch
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- When is 'Love is Blind' Season 7? Premiere date, time, cast, full episode schedule, how to watch
- The Daily Money: Port strike could cause havoc
- Braves host Mets in doubleheader to determine last two NL playoff teams
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- 'I hate Las Vegas': Green Day canceled on at least 2 radio stations after trash talk
Ranking
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- North Carolina town bands together after Helene wreaked havoc: 'That's what we do'
- Rebel Wilson and Ramona Agruma Make Debut as Married Couple During Paris Fashion Week
- How to help those affected by Hurricane Helene
- The White House is cracking down on overdraft fees
- Cutting food waste would lower emissions, but so far only one state has done it
- Did 'SNL' mock Chappell Roan for harassment concerns? Controversial sketch sparks debate
- Kendra Wilkinson Teases Return to Reality TV Nearly 2 Decades After Girls Next Door
Recommendation
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
Favre tries to expand his defamation lawsuit against Mississippi auditor over welfare spending
‘SNL’ 50th season premiere gets more than 5M viewers, its best opener since 2020
Water samples tested after Maine firefighting foam spill, below guidelines for dangerous chemicals
Nearly half of US teens are online ‘constantly,’ Pew report finds
Alabama takes No. 1 spot in college football's NCAA Re-Rank 1-134 after toppling Georgia
Anna Delvey Claims Dancing With the Stars Was Exploitative and Predatory
Did SMU football's band troll Florida State Seminoles with 'sad' War Chant?