Wall Street anticipates a higher open following the November consumer price index report, which showed a 0.3% monthly increase and a 2.7% annual rise, fueling speculation for a Federal Reserve rate cut next week.In a strategic shift, General Motors has decided to discontinue its Cruise driverless ride-hailing service, integrating it into its tech team to concentrate on autonomous driving for personal vehicles, amid rising competition from Waymo.Macy’s shares fell after the company revised its full-year earnings outlook down to $2.25-$2.50 per share, while its higher-end brands, Bloomingdale’s and Bluemercury, continue to perform well.
