AT&T Inc. (T)

Verizon Joins AT&T in Raising Wireless Prices as Inflation Bites

(Bloomberg) -- Verizon Communications Inc. will raise prices on its wireless bills for the first time in two years as the largest US wireless carrier grapples with higher costs.Most Read from BloombergMeet the Hedge-Fund Manager Who Warned of Terra’s $60 Billion ImplosionOmicron Is Turning Out to Be a Weak VaccineU.S. Stocks Extend Losses in Late Session Selloff: Markets WrapGoldman’s Blankfein Says US at 'Very, Very High Risk' of RecessionMusk Says Twitter Deal at Lower Price Is ‘Not Out of the

• 
  Battery Boom Pulls Trading Giant Trafigura Into Lithium Business

  Bloomberg
• 
  Deutsche Bank Gets WhatsApp Information Request From Regulator

  Bloomberg

Verizon Bumps Up Wireless Prices Citing Inflation Woes After AT&T

For the first time in two years, Verizon Communications Inc (NYSE: VZ) will raise prices on its wireless bills, helping it shift the burden of higher costs, Bloomberg reports. Industry watchdogs had warned that post-T-Mobile US, Inc's (NASDAQ: TMUS) acquisition of Sprint Corp, there would be fewer wireless competitors, making it easier to raise prices. Implementing higher charges under cover of surging inflation represents a ripe time to capitalize on the situation. Recently AT&T Inc (NYSE: T) r

Nasdaq Bear Market: 3 Extremely Safe Stocks You'll Regret Not Buying on the Dip

Meanwhile, things are even worse for the growth-dependent Nasdaq Composite (NASDAQINDEX: ^IXIC). Following its all-time high in November 2021, the Nasdaq has tumbled 27%. The Nasdaq's tumble officially places it in a bear market.