Wall Street will be watching Friday morning for data from a key inflation measure the Federal Reserve watches closely.24/7 New York news stream: Watch NBC 4 free wherever you areclosed little changed on Thursday, ending the day just 0.09% higher, as investors wait for fresh inflation data . Thethe Federal Reserve watches closely. The personal consumption expenditures price index is expected to show little, if any, monthly increase for May.
that fell short of expectations and slashed its full-year adjusted profit outlook. The retail pharmacy giant said it was facing a"challenging" environment. ″'We assumed ... in the second half that the consumer would get somewhat stronger" but"that is not the case," CEO Tim Wentworth told CNBC. The results come as Walgreens works to simplify its U.S. healthcare portfolio and slash costs by closing underperforming U.S. stores, among other things.
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