Paramount Global (PARA) reported third-quarter earnings before the bell on Wednesday, missing expectations as the industry grapples with unfavorable linear TV trends and a slowdown in advertising spend. Here are Paramount’s third quarter results compared to Wall Street’s consensus estimates, as compiled by Bloomberg: Revenue: $6.92 million versus $7.06 billionContinue Reading

Mortgage rates drove even higher last week after the Federal Reserve signaled it would continue its aggressive action to cool inflation. That, and rising uncertainty in the overall housing market, caused mortgage application volume to drop 3.7% last week compared with the previous week, according to the Mortgage Bankers Association’sContinue Reading

Ford Motor Co. shares dropped more than 4% in the extended session Monday after the company said inflation and parts shortages will leave it with more unfinished vehicles than it had expected, reminding Wall Street supply-chain snags are far from over for auto makers. Ford F, +1.43% said it expectsContinue Reading