Current:Home > NewsIndexbit Exchange:The Daily Money: A month in a self-driving Tesla -Elevate Capital Network
Indexbit Exchange:The Daily Money: A month in a self-driving Tesla
FinLogic FinLogic Quantitative Think Tank Center View
Date:2025-04-07 06:23:05
Good morning! It's Daniel de Visé with your Daily Money.
My colleague,Indexbit Exchange 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! (42)
Related
- Kentucky Gov. Andy Beshear ready to campaign for Harris-Walz after losing out for spot on the ticket
- Hunter Biden investigations lead to ethical concerns about President Biden, an AP-NORC poll shows
- Maryland court order enables shops to sell hemp-derived products
- Americans failed to pay record $688 billion in taxes in 2021, IRS says. Look for more audits.
- The Daily Money: Disney+ wants your dollars
- Wisconsin Assembly passes transgender sports restrictions, gender-affirming care ban
- UAW strikes are working, and the Kentucky Ford plant walkout could turn the tide
- Kourtney Kardashian Fires Back at Criticism Over Getting Pregnant at Age 44
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Executive at Donald Trump’s company says ‘presidential premium’ was floated to boost bottom line
Ranking
- Former Milwaukee hotel workers charged with murder after video shows them holding down Black man
- Law restricting bathroom use for Idaho transgender students to go into effect as challenge continues
- NYC lawmaker arrested after bringing a gun to protest at Brooklyn College
- ‘Barbenheimer’ was a boon to movie theaters and a headache for many workers. So they’re unionizing
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Israeli evacuation call in Gaza hikes Egypt’s fears of a mass exodus of refugees into its territory
- Stephen Rubin, publisher of ‘The Da Vinci Code’ and other blockbusters, dies at 81
- Luminescent photo of horseshoe crab wins Wildlife Photographer of the Year prize
Recommendation
What polling shows about Minnesota Gov. Tim Walz, Harris’ new running mate
Stephen Rubin, publisher of ‘The Da Vinci Code’ and other blockbusters, dies at 81
Israeli shelling along Lebanon border kills 1 journalist, wounds 6
How Alex Rodriguez Discusses Dating With His Daughters Natasha and Ella
'Stranger Things' prequel 'The First Shadow' is headed to Broadway
Members of Congress seek clemency for Native American leader convicted of murder
'Moonlighting,' a weird, wonderful '80s detective romcom, is now streaming on Hulu
Wisconsin Republicans propose sweeping changes to Evers’ child care proposal