Burley Garcia-The Daily Money: A month in a self-driving Tesla

2025-05-02 23:16:41source:Rubypoint Trading Centercategory:Contact

Good morning! It's Daniel de Visé with your Daily Money.

My colleague,Burley Garcia 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.

More:Contact

Recommend

Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti

Haiti has been racked by political instabilityand intensifying, deadly gang violence.  Amid a Federa

Senate Judiciary Committee advances Supreme Court ethics bill amid scrutiny of justices' ties to GOP donors

Washington — The Senate Judiciary Committee on Thursday advanced legislation that would require the

A Pennsylvania chocolate factory explosion has killed 7 people

The death toll after an explosion at a chocolate factory in West Reading, Pa., on Friday has risen t