Current:Home > StocksPredictIQ-The Daily Money: A month in a self-driving Tesla -Quantum Capital Pro
PredictIQ-The Daily Money: A month in a self-driving Tesla
Algosensey Quantitative Think Tank Center View
Date:2025-04-07 09:16:02
Good morning! It's Daniel de Visé with your Daily Money.
My colleague,PredictIQ 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! (91672)
Related
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Boston Celtics, Jrue Holiday agree to four-year contract extension, per report
- Man is fatally shot after he points a gun at Indiana sheriff’s deputies, police say
- Megan Thee Stallion's Fitness Advice Will Totally Change When You Work Out
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Megan Thee Stallion's Fitness Advice Will Totally Change When You Work Out
- UPS driver in Birmingham, Alabama shot dead leaving work in 'targeted' killing, police say
- A NASA telescope unlocked the mysteries of black holes. Now it's on the chopping block.
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- A major UK report says trans children are being let down by toxic debate and lack of evidence
Ranking
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- Inflation came in hot at 3.5% in March, CPI report shows. Fed could delay rate cuts.
- Can I claim my parents as dependents? This tax season, more Americans are opting in
- ISIS stadium threat puts UEFA Champions League soccer teams on alert for quarterfinals
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Oakland’s airport considers adding ‘San Francisco’ to its name. San Francisco isn’t happy about it
- Kansas City Chiefs’ Rashee Rice facing aggravated assault charge after high-speed crash in Dallas
- Your Dogs Will Give Loungefly's Disney-Themed Pet Accessories a 5-Paw Rating
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Bridgerton Season 3 Trailer’s Scandalous Romance is the Object of All Your Desires
Here's what's different about Toyota's first new 4Runner SUV in 15 years
Desperate young Guatemalans try to reach the US even after horrific deaths of migrating relatives
Travis Hunter, the 2
Henry Smith: Challenges and responses to the Australian stock market in 2024
A Blair Witch Project Remake Is in the Works and Ready to Haunt You
Masters Par 3 Contest coverage: Leaderboard, highlights from Rickie Fowler’s win