Wall Street closes higher as month ends on gains
Wall Street closed out its winning month with the S P 500 up 6.73 points to 4 588 96 the Dow up 100 24 to 35 559 53 and the Nasdaq higher by 29 37 to 13 346 02. Investors await key jobs data and earnings from Apple and Amazon while inflation signals keep the Fed policy outlook in flux.
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Yellow Corp to file for bankruptcy closing truck giant
Yellow Corp the 99 year old Nashville based less than truckload carrier is shutting down and appears headed for bankruptcy. The Teamsters said a bankruptcy filing is expected soon after years of heavy debt and government bailout loans. Analysts warn customers will move to FedEx or ABF Freight raising prices.
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Musk threatens to sue researchers over hate speech study
X formerly Twitter threatens legal action against the Center for Countering Digital Hate for its June reports on hate speech and moderation on the platform since Elon Musk's purchase. The attorney alleges the studies aim to harm X by driving advertisers away, while CCDH founder Imran Ahmed warns of a chilling effect on independent researchers.
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