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T-Mobile and Sprint finally agreed to a massive telecom merger after years of negotiations punctuated by two breakups.The  billion merger, announced Sunday, values Sprint near its current share price of .50.The tie-up would position the telecom companies as fiercer competitors to Verizon and AT&T, which have long dominated the US market."I'm excited to announce that @TMobile & @Sprint have reached an agreement to come together to form a new company -- a larger, stronger competitor that will be a force for positive change for all US consumers and businesses! Watch this & click through for details." said T-Mobile CEO John Legere, in a tweet Sunday.A report that the deal was getting close drove up Sprint's stock price by 8% on Friday and T-Mobile's price edged up as well. The stock price for SoftBank, a Japanese conglomerate with a majority stake in Sprint, rose by 3%.Sprint and T-Mobile first discussed a merger in 2014 but scrapped it because of concerns about regulatory challenges from the Obama administration.The companies expected to have a better shot at the merger under the Trump administration.Sprint stock tanks as T-Mobile merger said to collapseSoftBank CEO Masayoshi Son met with Trump the month before he took office to talk up an investment in US businesses.A few weeks later, T-Mobile's Legere said he was open to "various forms of consolidation" when asked about a potential merger with Sprint and SoftBank under the Trump administration.But last November, after much speculation, the two companies issued a statement saying they "have ceased talks.""While we couldn't reach an agreement to combine our companies, we certainly recognize the benefits of scale through a potential combination. However, we have agreed that it is best to move forward on our own," Marcelo Claure, the Sprint CEO, said at the time.Sprint and T-Mobile's announcement is just the latest step in an ongoing movement towards telecom consolidation. AT&T is in talks to acquire Time Warner, which owns CNN and CNNMoney. The outcome of that billion merger-in-the-making depends on a case in federal court, which is pending the decision of the judge. 2203

There are options when it comes to getting a car. You can lease or buy, and now, you can get a car subscription.Luxury car makers like BMW, Jaguar, and Cadillac offer subscription services to their high-end cars, but it’s set you back a couple thousand. That’s why Ford is offering a more affordable service with used vehicles."You're going to be looking at around 0 monthly subscription cost, but that's inclusive of the vehicle the driving insurance your maintenance,” explains Allison Braley with Canvas, Ford’s subscription service. “You don't have to worry about out-of-pocket maintenance costs. There's no down payment."  Braley says it's an all-inclusive bundle, unlike with a lease. Many subscription services don’t' have a down payment or require car insurance. "A lease is great solution for people who know what kind of car they want for two to three years or more,” Braley says.  Through subscriptions, you pay a fee to swap out a car. For example, when winter comes around and you want to trade in your sedan for an SUV, with Canvas you pay a fee to swap cars.  FiveCentNickel.com says, on average, a car owner will spend ,200 a year on maintenance.  If your car breaks down or needs an oil change, most subscription services will pay for out of pocket maintenance. Subscription services are great if you want convenience, flexibility and a lifestyle where you change vehicle often.However, convenience often comes with a price. If you’re on a budget, financial expert Jonathan Duong says it may not be worth it. 1572

There’s a new way to make some extra cash with Airbnb, and the best part is that you don’t need to rent out a room to a stranger. All you need to know how to create is an experience.The question you have to ask yourself is: How well do you know your city?Washington state native Tim Mezen has been taking pictures professionally in Seattle for many years. When his finances got tight this past winter, Mezen needed an alternate way to make some side money.It just so happened that Airbnb had opened-up an experience in Seattle. Mezen decided to sign up and create a simple downtown walking tour. Mezen says, "I wanted to come up with something that was walking and very photogenic and fun."Other hosts offer experiences like, surf lessons, sushi making classes and silent disco yoga. However, Mezen wanted to create walking tour that took visitors to the most Instagramable places in the Emerald City.If you decide to create an experience in your own city, Mezen suggests making it a point to showcase the famous places.The application process is quick and as long as you have some free time, anyone can do it.Mezen says, "it gives you a chance to meet other people and see your city through a different lens."Right now, Airbnb's new program is only in select cities like Seattle, but it could be coming to a city near you. That way, you too can make some extra cash. 1400

This Labor Day, gas prices are set to be the lowest since 2004.According to AAA, the national average is .23, which is down 34 cents from last year.Gas Buddy reported the national average for the lowest-priced gas price on Labor Day was .82 per gallon in 2004.AAA said car trips are down 3% from last year, with air travel being down 75%."That means that motorists should expect heightened traffic throughout the Labor Day holiday, on top of new restrictions and precautions necessitated by the current health challenge," AAA said in a press release.AAA says prices at the pump will continue to drop in the coming weeks, as "demand falls and refineries in the Gulf of Mexico region come back online in the wake of Hurricane Laura." 743

This flight attendant gives an emotional farewell to passengers, crew on her final flight. https://t.co/Nbj9wt0knR pic.twitter.com/6wn3GB2S6s— Good Morning America (@GMA) October 4, 2020 194