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Advanced Micro Devices reported second-quarter earnings on Tuesday that beat Wall Street expectations for revenue and showed continued growth in sales of the company’s AI chips.AMD shares rose 5% in extended trading.Here’s how AMD did versus LSEG consensus expectations for the quarter ended in June 29:Earnings per share: 69 cents adjusted versus 68 centsRevenue: $5.83 billion versus $5.72 billion expectedAMD said it expects about $6.7 billion in sales in the current quarter, versus Wall Street expectations of 93 cents in earnings per share on $6.61 billion of sales.The chipmaker reported net income of $265 million, or 16 cents per share,…

Paycheck advance products, often referred to as “earned wage” products, give consumers access to their paycheck early when they’re in a pinch. Offered through employers or as direct-to-consumer loans, these products can be free but many come with costly fees. To combat misunderstandings around these loans, the Consumer Financial Protection Bureau (CFPB) has proposed a rule. The rule explains that paycheck advance products should be subject to the Truth in Lending Act just like other credit products. Under the act, lenders must legally disclose the true cost of any fees workers will face when using these products.Paycheck advance products are…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The interest rate on a 30-year fixed-rate mortgage is 6.625% as of July 22, which is unchanged from Friday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 5.875%, which is also unchanged from Friday.  With mortgage rates changing daily, it’s a good idea to check today’s rate before applying…

When considering retirement, many pre-retirees and recent retirees focus on the vacation part, making plans to travel and pursue interests and hobbies. You might also be looking forward to the initial honeymoon phase of retirement, when you don’t have to wake to an alarm clock, quickly wolf down breakfast, and rush out the door to work. But then what? Sooner or later, you’ll realize that pursuing these activities only occupies a relatively small amount of your time throughout the year. And the excitement of the honeymoon phase fades away as it becomes your normal routine and you settle into the…

A version of this story appears in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. It’s funny, really. In an election where the two leading presidential candidates are miles apart on weighty issues from abortion rights to border policy, for some reason both sides are talking about how Vice President Kamala Harris laughs and former President Donald Trump doesn’t. Trump, trying out new material to mock Harris, has dubbed his opponent as “Laffin’ Kamala.” “She’s crazy. She’s nuts,” he said at a recent rally in Michigan, implying there is something maniacal about her laugh.…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.McDonald’s has suffered its first global drop in sales since 2020, as consumers around the world balk at the higher cost of burgers, fries and soft drinks. Comparable sales at the fast-food chain fell 1 per cent year on year in the three months to the end of June, sliding in both international locations and McDonald’s US base.The company’s chief executive Chris Kempczinski said consumers were “more discriminating with their spend” as it published earnings on Monday. While quarterly revenue of $6.49bn…

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Remember the universal childhood experience of writing a fan letter to someone you admire? (Mickey Mouse, I hope you still have that note I gave you at Disneyland in 1999.) Well, a new Google ad says artificial intelligence can now do that for you. It’s not going over well. In case you haven’t seen it, the TV advertisement — which played during ad breaks from the Olympics — shows a father describing his daughter’s love for American Olympic track star Sydney McLaughlin-Levrone. It shows the young girl training to compete like her hero, thanks to hurdling technique tips generated by…

Editor’s note: This article contains spoilers for “Deadpool & Wolverine.”Marvel is on the rebound.After its worst performance of all-time at the box office last November, the studio is back on top with “Deadpool & Wolverine.” The 34th entrant in the Marvel Cinematic Universe hauled in $211 million during its domestic debut, the highest debut of 2024 and of an R-rated film ever.It’s also the highest-opening MCU film since 2021’s “Spider-Man: No Way Home.”It’s a promising development for the Disney-owned Marvel Studios, which has struggled to maintain box office momentum in the wake of 2019’s historic “Avengers: Endgame.” A push for…

Check out the companies making headlines after the bell : F5 — The tech stock surged 14% in after-hours trading after the company reported a blowout quarterly report. F5 posted adjusted earnings of $3.36 per share in the fiscal third quarter, compared to an LSEG estimate of $2.97 per share. Revenue of $695 million was also higher than the $686 million expected. Lattice Semiconductor — The chip name saw shares tumbling more than 10% in extended trading after the firm reported disappointing results. Lattice posted adjusted earnings of 23 cents per share, one cent below an LSEG estimate, while its…