Alicia Wallace

Senior Writer, CNN Business

Alicia Wallace is a senior writer for CNN Business covering the economy and topics such as cannabis.
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An employee hiring sign with a QR code is seen in a window of a business in Arlington, Virginia, U.S., April 7, 2023. REUTERS/Elizabeth Frantz
Elizabeth Frantz/Reuters
US job openings unexpectedly grew in August
Oct 03, 2023
The number of job openings at US employers unexpectedly jumped in August, a testament to the continued resilience of the labor market, according to new data released Tuesday by the Bureau of Labor Statistics.
A person pumps gas at a Shell gas station on August 03, 2023 in Austin, Texas.
Brandon Bell/Getty Images/FILE
Gas prices heated up inflation last month, but there’s also welcome progress for the Fed
Sep 29, 2023
Higher gas prices heated up overall inflation last month, but the Federal Reserve got some welcome news: Its preferred inflation gauge cooled to its lowest level in two years.
Woman hand holding credit cards and using smartphone for shopping online.
Sitthiphong/iStockphoto/Getty Images/FILE
New York Fed: Many Buy Now, Pay Later users are financially fragile
Sep 26, 2023
Buy Now, Pay Later installment payment offerings appear to be disproportionately used by people facing financial difficulties, raising concerns about the potential for greater money trouble, according to research from the Federal Reserve Bank of New York released Tuesday.
A nozzle is replaced on a fuel dispenser at a gas station in La Puente, California, on September 7, 2023.
Frederic J. Brown/AFP/Getty Images
US consumer confidence is the lowest it’s been in four months
Sep 26, 2023
Rising gas prices and high interest rates contributed to greater economic uncertainty and dampened consumer confidence in September, dropping the key economic indicator to the lowest level in four months, according to data released Tuesday.
Dark clouds hang above the U.S. Capitol dome on Monday, September 25, 2023.
Bill Clark/CQ-Roll Call, Inc/Getty Images
Moody’s: Government shutdown could hurt America’s top credit rating
Sep 25, 2023
The United States’ credit rating could come under pressure if the government shuts down, Moody’s Investors Service cautioned Monday.
A cargo ship sails toward the Pacific Ocean after passing though the Panama Canal, seen from Panama City, Friday, Aug. 25, 2023. Due to a lack of rainfall, authorities in early August limited the number of ships passing through. (AP Photo/Agustin Herrera)
Agustin Herrera/AP
A severe drought is affecting the Panama Canal. That’s not a good sign for supply chains — or your holiday shopping
Sep 06, 2023
Panama is about halfway through its rainy season right now, and one of the wettest countries in the world is having one of its driest seasons on record.
A help wanted sign on a storefront in Ocean City, New Jersey, US, on Friday, Aug. 18, 2023. Surveys suggest that despite cooling inflation and jobs gains, Americans remain deeply skeptical of the president's handling of the post-pandemic economy. Photographer: Al Drago/Bloomberg via Getty Images
Bloomberg/Bloomberg/Getty Images/FILE
The US economy continued to add jobs at a robust pace last month
Sep 01, 2023
The US labor market continues to live its Goldilocks story with healthy job growth but at a far cooler pace than the blockbuster job gains of the past two and a half years.
Shoppers carry retail bags along the Magnificent Mile shopping district in Chicago, Illinois, US, on Tuesday, Aug. 15, 2023. US retail sales rose in July by more than forecast, suggesting consumers still have the wherewithal to sustain the economic expansion. Photographer: Jamie Kelter Davis/Bloomberg via Getty Images
Jamie Kelter Davis/Bloomberg via Getty Images
The Fed’s preferred inflation measure stayed high in July — and consumers are continuing to spend
Aug 31, 2023
US inflation may have remained elevated in July, but consumers just wanted to have some fun.
LOS ANGELES, CALIFORNIA - JULY 12: Construction workers stand on scaffolding while building residential housing on July 12, 2023 in Los Angeles, California. According to the Bureau of Labor Statistics, the U.S. economy added 209,000 jobs in June in a sign of a slowing economy amid the Federal Reserve's inflation-fighting campaign. (Photo by Mario Tama/Getty Images)
Mario Tama/Getty Images
What to expect from Friday’s jobs report
Aug 31, 2023
Last month, the Bureau of Labor Statistics delivered a jobs report that only Baby Bear could offer: not too hot, not too cold, but just right.
An employee at the Good Leaf Dispensary measures out marijuana for a customer on the reservation Mohawks call Akwesasne, Monday, March 14, 2022 in St. Regis, New York.
Seth Wenig/AP
HHS official calls for reclassifying marijuana as a lower-risk drug in letter sent to DEA
Aug 30, 2023
A senior official at the US Department of Health and Human Services has called for easing restrictions on marijuana by reclassifying it as a Schedule III substance in a letter to the Drug Enforcement Administration, and the DEA is initiating a review of the drug.
LOS ANGELES, CALIFORNIA - JUNE 02: A 'Now Hiring' sign is displayed outside a resale clothing shop on June 2, 2023 in Los Angeles, California. Today's U.S. labor report shows that employers added 339,000 jobs in May with sectors including construction, healthcare, business services and transportation adding jobs with wages showing 4.3 percent growth over the same period last year. (Photo by Mario Tama/Getty Images)
Mario Tama/Getty Images
US job openings fall below 9 million for the first time since March 2021
Aug 29, 2023
The number of available jobs in the United States shrank for the third consecutive month, dropping below 9 million for the first time since early 2021, according to the latest data released Tuesday by the Bureau of Labor Statistics.
CHICAGO, ILLINOIS - AUGUST 09: Grocery items are offered for sale at a supermarket on August 09, 2023 in Chicago, Illinois. Despite inflation starting to settle, food inflation continues to climb in the double digits in many counties. (Photo by Scott Olson/Getty Images)
Scott Olson/Getty Images
Consumers are growing slightly more cautious about the economy
Aug 25, 2023
Americans’ attitudes toward the US economy appear to be growing more tepid.
MIAMI, FLORIDA - MAY 05: A 'Now Hiring' sign posted outside of a restaurant looking to hire workers on May 05, 2023 in Miami, Florida. A report by the Bureau of Labor Statistics showed the US economy added 253,000 jobs in April. (Photo by Joe Raedle/Getty Images)
Joe Raedle/Getty Images
America added 306,000 fewer jobs last year than we thought. But the labor market is still hot
Aug 23, 2023
US job growth during much of the past year was weaker than previously projected by a little more than 300,000 jobs, according to new federal data released Wednesday.
An attendee fills out job applications at a Novant Health Career Fair at NC Works in Wilmington, North Carolina, US, on Thursday, April 20, 2023.
Allison Joyce/Bloomberg/Getty Images
Job seekers want record-high wages — and men expect $25,000 more than women do
Aug 21, 2023
When employers deliver a job offer, it had better come with some teeth: Americans’ wage expectations have hit record highs, according to a Federal Reserve Bank of New York survey released Monday.
A customer at the self checkout of a Target store in the Queens borough of New York, US, on Tuesday, May 16, 2023.
Bing Guan/Bloomberg/Getty Images
Retail earnings this week could say a lot about the state of America’s economy
Aug 15, 2023
Earnings season continues this week with Target, Walmart, TJ Maxx parent company TJX and other high-profile retailers set to release their quarterly results.
FORT VALLEY, GEORGIA - JULY 24: Workers fill boxes with peaches after picking them from the trees at Pearson Farm on July 24, 2023 in Fort Valley, Georgia. Due to weather extremes earlier in the year, their peach season, which usually ends in August, concluded today. Pearson Farm said they typically ship peaches to their customers for a 10-week period, but because of the lack of peaches, they only did four weeks. Peach farmers in Georgia say that a heat wave that hit the state in February and two cold fronts that passed through later in the season caused them to lose more than 90% of their crops this year. (Photo by Joe Raedle/Getty Images)
Joe Raedle/Getty Images
US wholesale inflation rose more than expected in July
Aug 11, 2023
US wholesale inflation rose more than expected in July, reversing a yearlong cooling trend, the Bureau of Labor Statistics reported Friday.

About

Alicia Wallace is a senior writer for CNN Business covering the economy and topics such as the emerging cannabis industry. Based in the Bay Area, she specializes in writing economy feature articles that blend data and the human experience. Her coverage also includes articles on bigger-picture developments in the emerging cannabis industry.

Before joining CNN, Wallace was a Knight-Bagehot Fellow at Columbia University in New York for the 2018-’19 academic year. Prior to being selected for the business journalism and economics fellowship, Wallace covered the cannabis industry from a national lens for The Denver Post and its web vertical, The Cannabist. There, she chronicled a multibillion-dollar industry enveloped in federal-state conflict, the implementation of novel state regimes, and the emergence of a federally illicit substance into mainstream marketplaces and businesses. In her time at The Denver Post and, before then, the Daily Camera in Boulder, Colorado, she served as a business reporter, covering a wide variety of industries such as natural products, tech, biopharma, retail, aerospace, and craft beer.

Wallace has won gold (2013) and silver (2018) awards from the National Association Real Estate Editors association and was selected for the Donald W. Reynolds National Center for Business Journalism Strictly Financial Fellowship (2011). She has also won numerous 1st, 2nd and 3rd place awards from the Colorado Press Association, Colorado AP Editors and Reporters and the Society of Professional Journalists.

Wallace received a B.S. Journalism: News-Editorial with honors from the University of Colorado-Boulder. She also received a Certificate in Economics and Business Journalism from Columbia University.