Verizon is ‘not going to throw away money’ to woo consumers with cheaper phones, CEO says

Verizon’s chief executive says the company is “not going to throw away money” on promotions. The carrier recently rolled out deals for Apple’s new iPhone 14 line. AT&T and T-Mobile US Inc. each offered up to $1,000 off one of the phones for both new and existing subscribers. Verizon has lagged behind its major wireless peers this year, with its shares off 21% over the course of 2022, compared with a 10% decline for AT &T’s stock.

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Mortgage rates hit 6% for the first time since 2008, while applications fall to lowest level since 1999

All eyes on gold's long-term support as markets see growing chance Fed will raise interest rates by 1% next week

All eyes on gold's long-term support as markets see growing chance Fed will raise interest rates by 1% next week