ALL THE MONEY NEWS YOU NEED TO KNOW | | | | Daniel de Visé | Personal Finance Reporter
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Good morning! It's Daniel de Visé with your Daily Money. |
Profits are plummeting at Tesla, the automaker whose dealerships became an unlikely stage for nationwide protests and outbreaks of vandalism over the political activities of its CEO. |
Musk will lobby against tariffs |
In an earnings call, Musk said he will lobby the Trump administration to ease off of its sweeping tariff regime, even as he appears set to step back from Washington. |
Stock futures rise on Trump Fed comments |
U.S. stock futures pointed to a higher opening after President Donald Trump said he has "no intention" of firing Federal Reserve Chairman Jerome Powell. Powell's term as Fed chair ends in May 2026. |
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Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you. |
Daniel de Visé covers personal finance for USA Today. | | Tesla CEO Elon Musk said he will push for lower tariffs as he steps back from his role in the Trump administration during Tesla's earnings call. | | U.S. stock futures point to a higher opening after President Donald Trump said he has "no intention" of firing Federal Reserve Chairman Jerome Powell. | | | | Elon Musk, CEO of Tesla, said he would be spending less time with the Trump administration after first-quarter earnings fell short of expectations. | | | | A majority of Americans said their financial situation is getting worse, a new Gallup poll released in April found. | | | | Trump's tariff policy could push the nation into a recession, with rising unemployment, bankruptcies and more. These warning signs bear watching. | | | | Feeling uneasy about the economy and your investments? A financial adviser may be able to help. USA TODAY and Statista ranked the best. | | | | The idea of saving three to six months' worth of expenses can seem daunting to Americans who can't even afford a $1,000 emergency. | | | | Could tariffs even impact retirees' Social Security benefits? The answer just might be "yes." | | | | More than one million workers have "auto-IRA" retirement accounts, a milestone in the effort to boost 401(k) and IRA savings in America. | | | | Our app gives you award-winning coverage, crosswords, audio storytelling, eNewspaper and more. | | | | | Sign up for the news you want | Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you. | | | | | |
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