iRobot, the maker of the Roomba vacuum cleaner, filed for bankruptcy protection on Sunday and is pursuing a buyout from its primary manufacturer in China…
Ford CEO Jim Farley announced the company is cutting production of the electric F-150 Lightning and refocusing its investment on hybrid vehicles and affordable EVs. The Detroit automaker announced the move on Monday and explained…
Rolf Bruderer/Getty Images Key takeaways Gap insurance covers the difference between your claim payout and your remaining loan or lease balance if your car is stolen or totaled in a covered claim. Gap insurance is typically less expensive when purchased as a policy endorsement through your insurance company rather than…
Yellow Dog Productions/ Getty Images; Illustration by Austin Courregé/Bankrate You’ve picked out your new car at the dealership and qualified for a car loan, but before you can sign on the dotted line and drive away, the dealer says you need full coverage car insurance. Full coverage car insurance typically…
Driving under the influence of alcohol or drugs is one of the single most expensive mistakes you can make on the road. If you’re charged with a DUI, tickets and fines are only the start of your financial challenges — but the total cost of a DUI can add up…
Federal Reserve Chair Jerome Powell outlined how the central bank is viewing the labor market after it cut interest rates last week for the third straight time, with a fresh jobs report due out on Tuesday. Powell spoke at a press conference after Federal Reserve policymakers voted to lower the benchmark federal…
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Federal Reserve policymakers cut interest rates for the third straight meeting on Wednesday while signaling there may be only one cut next year as rates get closer to a neutral level. The Fed lowered the…
