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

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.