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Photo: Verizon

Verizon announced that, starting Thursday, customers in its four 5G launch markets will be able to sign up for Internet service. The service will launch Oct. 1 in parts of Houston, Indianapolis, Los Angeles and Sacramento .

Be smart: Unlike 5G mobile service, which isn't due until next year, Verizon is using the wireless technology to deliver home Internet service.

The details:

  • Starting Thursday, people can check whether their homes are covered at FirstOn5G.com.
  • Customers will get three months free. After that Verizon Wireless subscribers will pay $50 per month, while non-wireless subscribers will pay $70 per month.
  • 5G Home customers will also get YouTube TV free the first three months (it will cost $40 per month after that) and also receive a free Apple TV 4K or Google Chromecast Ultra device when service is installed.

Verizon, like other major cell phone providers, plans to launch 5G mobile phone service next year. But it saw an opportunity to use an early version of the technology as a way to compete with cable and other providers in what's known as fixed wireless service.

Go deeper

Federal Reserve scales back expectations for economic recovery as Delta variant weighs

Fed chair Jerome Powell during a congressional hearing last year. (Photo: Stefani Reynolds/Bloomberg via Getty Images)

The Fed downgraded near-term expectations for the economy and the labor market, alongside hotter-than-expected inflation, in new estimates out on Wednesday.

Why it matters: It's the first time those closely-watched estimates reflect impact from the delta variant that's already rattled the labor market.

Bipartisan police reform negotiations end without deal

Rep. Karen Bass (D-Calif.) with Sens. Tim Scott (R-S.C.) and Cory Booker (D-N.J.) in the Capitol in May 2021. Photo: Drew Angerer/Getty Images

Bipartisan talks on reforming police tactics and accountability, prompted by George Floyd's murder in May 2020, have ended without a compromise, Sen. Cory Booker (D-N.J.), a key negotiator, said Wednesday.

Why it matters: Lawmakers, led by Rep. Karen Bass (D-Calif.) and Sens. Tim Scott (R-S.C.) and Booker, had been working toward a bipartisan deal for months but they fell apart due to disagreements on qualified immunity and other issues.

Biden speaks with Macron for first time since diplomatic crisis

President Biden and French President Emmanuel Macron have a conversation ahead of the NATO summit in Brussels, on June 14, 2021. Photo: Dursun Aydemir/Anadolu Agency via Getty Images

President Biden on Wednesday spoke with French President Emmanuel Macron for the first time since a diplomatic row erupted over a scrapped submarine order, per the White House.

Driving the news: Macron said that the French ambassador will return to Washington next week and will resume working with senior U.S. officials.