*By Conor White*
Now that the Justice Department has made it known it intends to appeal the AT&T/Time Warner merger, Sprint and T-Mobile are watching closely to see what it means for the future of their deal.
"Their situation, our situation, is very different in many ways," explained Dow Draper, Chief Commercial Officer at Sprint. "All that will get sorted out by people that are a lot smarter than me, and right now we're just focused on driving the best value for customers we can."
Sprint's next step in that process is introducing two new plans: Unlimited Basic and Unlimited Plus. Basic offers a subscription to Hulu and global roaming, while Plus adds on a subscription to streaming music service Tidal, 15 GB of data, full HD streaming capabilities, and more.
"We're really starting to tailor this to people's needs," said Draper. "It used to just be talk, text, and data. Now we have content, music, global roaming, all those different things."
In an interview Friday on Cheddar, Draper explained these plans were built for Sprint customers, by Sprint customers.
"We did a lot of consumer research, because we wanted to make sure we were doing the right thing for the customer, not just coming up with a plan for the sake of coming up with a plan."
For the full segment, [click here.](https://cheddar.com/videos/sprint-announces-new-unlimited-plans)
Cheddar News checks in on what to look for on The Day Ahead as President Joe Biden meets with House Speaker Kevin McCarthy to look to resolve the debt ceiling debate. Earnings are also slated to be reported from companies including Airbnb, AMC Networks, Electronic Arts and Nintendo.
A study on the U.S. banking system found nearly 190 banks are at risk of failure. Preston D. Cherry, founder and president of Concurrent Financial Planning, joined Cheddar News to explain the process if you have a mortgage with a bank that collapses.
Americans have bet over $220 billion on sports with legal gambling outlets in the five years since the U.S. Supreme Court cleared the way for all 50 states to offer it.
Melissa Brown, managing director of applied research with Qontigo, joined Cheddar News to discuss a new start to the trading week as the market edged lower in a mixed-performance day. Investors also await the meeting between President Joe Biden and House Speaker Kevin McCarthy to look to resolve its debt ceiling debate.
Bobbi Rebell, chief financial officer of Financial Wellness Strategies and author of Launching Financial Grownups: Live Your Richest Life by Helping Your (Almost) Adult Kids Become Everyday Money Smart, gives the top four reasons people struggle financially.
Warren Buffett criticized how regulators and lawmakers have handled recent bank failures and noted that the ongoing debt ceiling showdown will sow even more chaos.
Wall Street drifted to a mixed close ahead of a week full of reports on some of the market’s biggest worries, including how stubbornly high inflation remains across the economy.
