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Macy's & Dick's earnings, UPS contract, student loans: Top Stories

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Macy's (M) and Dick's Sporting Goods (DKS) shares close lower today after the retailers' stock dove on their second-quarter earnings results. UPS workers vote for and ratify a new five-year labor deal offered to them. The Biden administration launches a new student loan repayment plan. Yahoo Finance Live's Diane King Hall breaks down several of the days top stories.

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Macy’s Earnings Top Forecasts as Promotions Attract ShoppersMacy’s Inc. profit beat analyst expectations as markdowns attracted bargain-hunting shoppers who are pulling back on purchases after a pandemic shopping boom.
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Macy's earnings beat estimates, but execs send warning signal on health of America's shoppersMacy's may have beat estimates, but it's taking a cautious outlook for the rest of the year.
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