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).
Inflation-weary Americans are still spending money every month, but the April numbers show they’re starting to cut back on a few types of expensive purchases.
You don’t have to be an Olympic-level athlete to wear On’s shoes or apparel, but the company will use the 2024 games to continue growing its footprint.
Companies are making money, the economy is cooling down, and a rate cut or two possible by the fall? It might be time to break out the cautious optimism.
Fed Chair Jerome Powell reported that rates would likely remain elevated due to sticky inflation. Zillow breaks down how this could impact the housing market.
