The CEOs of both wireless providers told Cheddar Monday that it's critical the U.S. rolls out 5G technology in order to stay ahead in the global market. "We currently, as a nation, are behind," said T-Mobile CEO John Legere. The carriers announced a plan to merge Sunday, arguing that the combined company will help build out a faster, next-generation network, drive down prices for consumers, and create jobs. They still need the seal of approval from regulators who, in the past, have expressed antitrust concerns over the deal.
For the full interview, [click here](https://cheddar.com/videos/ceos-of-t-mobile-and-sprint-discuss-merger).
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.
The U.S. economy added 272,000 jobs in May, far more than expected. But that number doesn't tell the whole story. Interest rate cuts could still be on the way.
