Current:Home > BackThe Daily Money: A month in a self-driving Tesla-LoTradeCoin
The Daily Money: A month in a self-driving Tesla
View Date:2024-12-23 23:39:13
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! (2479)
Related
- Nevada Democrats keep legislative control but fall short of veto-proof supermajority
- How well does a new Alzheimer's drug work for those most at risk?
- Opioids are devastating Cherokee families. The tribe has a $100 million plan to heal
- Several States Using Little-Known Fund to Jump-Start the Clean Economy
- Stock market today: Asian shares mostly decline, shrugging off Wall Street’s overnight rally
- Country Singer Jimmie Allen Apologizes to Estranged Wife Alexis for Affair
- In These U.S. Cities, Heat Waves Will Kill Hundreds More as Temperatures Rise
- Q&A: Denis Hayes, Planner of the First Earth Day, Discusses the ‘Virtual’ 50th
- Trump announces Tom Homan, former director of immigration enforcement, will serve as ‘border czar’
- Infection toll for recalled eyedrops climbs to 81, including 4 deaths, CDC says
Ranking
- Justice Department says jail conditions in Georgia’s Fulton County violate detainee rights
- Scientists Track a Banned Climate Pollutant’s Mysterious Rise to East China
- As Ticks Spread, New Disease Risks Threaten People, Pets and Livestock
- U.S. Medical Groups Warn Candidates: Climate Change Is a ‘Health Emergency’
- Cruel Intentions' Brooke Lena Johnson Teases the Biggest Differences Between the Show and the 1999 Film
- FDA gives 2nd safety nod to cultivated meat, produced without slaughtering animals
- Michigan Democrats are getting their way for the first time in nearly 40 years
- This Week in Clean Economy: GOP Seizes on Solyndra as an Election Issue
Recommendation
-
He failed as a service dog. But that didn't stop him from joining the police force
-
Mass Die-Off of Puffins Raises More Fears About Arctic’s Warming Climate
-
University of Louisiana at Lafayette Water-Skier Micky Geller Dead at 18
-
Q&A: Denis Hayes, Planner of the First Earth Day, Discusses the ‘Virtual’ 50th
-
How to protect your Social Security number from the Dark Web
-
Country Singer Jimmie Allen Apologizes to Estranged Wife Alexis for Affair
-
You asked: Can we catch a new virus from a pet? A cat-loving researcher has an answer
-
21 Essentials For When You're On A Boat: Deck Shoes, Bikinis, Mineral Sunscreen & More