Ford is recalling more than 310,000 trucks in the U.S. because the driver’s front air bag may not inflate in a crash.
The recall covers certain F-250, F-350, F-450, and F-550 Super Duty trucks from the 2016 model year.
The company says dust can accumulate in a cable inside the steering wheel, interrupting the electrical connection. Ford says it's not aware of any crashes or injuries caused by the problem.
Dealers will replace the steering wheel wiring assembly at no cost to owners, who will be notified starting July 5.
Owners may hear popping or clicking noises inside the steering wheel, or steering wheel switches and the horn might not work. They may also see an air bag warning light notifying them of the problem.
New data from the National Association of Home Builders shows that falling mortgage rates have improved homebuilder confidence and increased demand to buy homes.
About nine million people with student loans missed their first payment after the recent pandemic pause, according to data.
Spending this holiday season is set to significantly rise, according to an economic survey from CNBC.
Google settled an antitrust lawsuit, Tesla is reportedly raising pay, a group is suing Utah over its social media policies for kids and the founder of Nikola was sentenced to prison.
The White House is lending its support to an auto industry effort to standardize Tesla’s electric vehicle charging plugs for all EVs in the United States.
Some of America’s biggest retailers are working to increase their shipping speeds to please shoppers expecting faster and faster deliveries.
A group representing several big tech companies is suing Utah over state laws about children's social media use.
Google has agreed to pay $700 million to settle an anti-trust settlement.
Stocks were up after the closing bell as Wall Street continued to pin their hopes on rate cuts after last week's comments from the Fed.
Cheddar News' Need2Know is brought to you by Securitize, which helps unlock broader access to alternative investments in private businesses, funds, and other alternative assets. The private credit boom is here and the Hamilton Lane Senior Credit Opportunities Fund has tripled in assets under management in just six months from November 2022 through April this year. Visit Securitize.io to learn more.
