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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Jobseekers attend the Cape Fear Community College's Business and IT Career Fair at Cape Fear Community College North Building in Castle Hayne, North Carolina, on Wednesday, Sept. 20, 2023.
Allison Joyce/Bloomberg/Getty Images
US job openings hit a two-year low
Dec 05, 2023
In October, the ‘Now Hiring’ signs weren’t as plentiful as they have been in recent years, and more workers chose to stay put.
A customer shops for meat at Jewel-Osco ahead of the Thanksgiving holiday in Chicago, Illinois, U.S. November 21, 2023. REUTERS/Vincent Alban
Vincent Alban/Reuters
Price hikes and spending cooled last month, Fed’s preferred inflation gauge shows
Nov 30, 2023
The Commerce Department on Thursday delivered an early present to the Federal Reserve: The central bank’s favorite inflation gauge fell to its lowest level since the spring of 2021, and consumers lifted their foot off the gas pedal.
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From turtle doves to lords-a-leaping, the price of the ‘12 Days of Christmas’ just hit a record high
Nov 29, 2023
Your True Love’s lavish — and stunningly bird-laden — holiday gift-giving ritual is more expensive than ever before.
Land O'Lakes CEO Beth Ford a few years ago on a member farm in Mill Hill, Pennsylvania.
Courtesy Land O’Lakes, Inc.
As the CEO of Land O’Lakes, she’s changing the rules of American farming
Nov 21, 2023
The century-old dairy cooperative Land O’Lakes is doubling down on its sustainability-focused investments, thanks to a commitment from CEO Beth Ford.
Valtteri Bottas of Finland driving the (77) Alfa Romeo F1 C43 Ferrari on track during practice ahead of the F1 Grand Prix of Las Vegas at Las Vegas Strip Circuit on November 17, 2023, in Las Vegas, Nevada.
Clive Mason/Formula 1/Getty Images
From Sin City to Sports Central: How Las Vegas is betting big on a lucrative industry
Nov 20, 2023
When the Formula One race cars rip along the iconic Las Vegas Strip this Sunday, it will serve as another highly visible reminder of a significant shift in the city’s economy.
A worker wheels a pallet at a wholesale produce market in the Union Market district in Washington, DC, US, on Friday, Sept. 8, 2023.
Al Drago/Bloomberg/Getty Images
This key US inflation gauge fell last month by the most since 2020
Nov 15, 2023
US wholesale inflation cooled off in October, reversing a three-month trend that had seen the cost of energy push up prices, according to data released Wednesday by the Bureau of Labor Statistics.
A man pumps gas into a vehicle at a petrol station on October 2, 2023 in Alhambra, California. Americans are facing higher gas prices despite the Federal Reserve's effort to curb inflation, with rates at their highest in over two decades, as Brent crude oil prices have risen more than 30% in the past three months. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images)
Frederic J. Brown/AFP/Getty Images
Consumer price inflation fell to 3.2% last month, in welcome news for US households and the Fed
Nov 14, 2023
First, the bad news: Prices continue to rise. Now, the good news: They’re doing so at a rate not seen in two years.
The New York Stock Exchange (NYSE) in New York, US, on Friday, Oct. 20, 2023.
Michael Nagle/Bloomberg/Getty Images
Most Americans think the economy should be in fairly good shape this time next year
Nov 13, 2023
New survey data released Monday by the Federal Reserve Bank of New York showed that US consumers believe inflation will continue to ease, the labor market will remain strong and they will continue to spend more than did they pre-pandemic.
A sign supporting Issue 2 sits in a residential yard on Election Day, Tuesday, Nov. 7, 2023, in Cincinnati. Ohio voters approved a measure to legalize recreational cannabis.
Joshua A. Bickel/AP
Ohio just legalized cannabis. Now comes the hard part
Nov 09, 2023
Ohio certainly wasn’t the first state to legalize recreational cannabis — 23 other states have done so since 2012 — but the Buckeye State’s arrival on that list could ultimately be quite consequential for the growing industry.
Former U.S. President Donald Trump attends the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough of New York City, November 6, 2023.
Jabin Botsford/Pool/Reuters
Outcome of Trump’s fraud trial could have ‘seismic’ impact on his business
Nov 08, 2023
The New York civil fraud trial of former President Donald Trump carries extremely high stakes for the self-proclaimed business mogul.
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US credit card balances see largest yearly leap on record
Nov 07, 2023
The resilient consumer has kept the US economic engine running, but it’s coming at a big cost: Americans are piling up record credit card balances, and more and more are falling behind on those payments.
MOUNTAN VIEW, CA - SEPTEMBER 26: Google headquarters is seen in Mountain View, California, United States on September 26, 2022. (Photo by Tayfun Coskun/Anadolu Agency via Getty Images)
Tayfun Coskun/Anadolu Agency/Getty Images
Google, Lendlease axe plans for $15 billion development in Bay Area
Nov 05, 2023
Alphabet’s Google has scrapped a development deal to build $15 billion worth of homes, offices and retail space in California’s Silicon Valley.
People walk past a restaurant, with a hiring sign outside, in Washington, DC on October 5, 2023. Private payrolls rose 89,000 last month after climbing 180,000 in August, according to figures published Wednesday by the ADP Research Institute, the fewest number of jobs since the start of 2021 in September. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images)
Andrew Caballero-Reynolds/AFP/Getty Images
The US economy added 150,000 jobs last month. Here’s what that means
Nov 03, 2023
For several months now, the US labor market has been on a cooling trajectory, and Friday’s jobs report made that even more apparent.
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What to expect from Friday’s jobs report
Nov 02, 2023
The September jobs report was a bit of a shocker, with a surprise : The 336,000 positions added estimated net gain in US payrolls was a surprise to the upside — nearly double what economists had predicted. ’ expectations.
Customers order food at a Chipotle Mexican Grill restaurant on April 26, 2023 in Austin, Texas.
Brandon Bell/Getty Images
Inflation is cooling, but the price hikes aren’t done
Oct 25, 2023
In 2021, when organic cotton and other raw materials prices spiked, the family that runs White Lotus Home, a New Jersey-based sustainable bedding company, hoped the 20% to 25% jumps were merely momentary and opted to absorb most of the costs.
Shoppers in the Georgetown neighborhood of Washington, DC, US, on Sunday, June 4, 2023.
Nathan Howard/Bloomberg/Getty Images
After a summer of Barbenheimer and Beyoncé, can US consumers still afford the holiday season?
Oct 21, 2023
Ballpark attendance boomed this summer, Barbenheimer revived the box office and a Renaissance of live performances brought concerts into new Eras.

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.