Alicia Wallace

Minneapolis

Senior Economy Writer at CNN Business

Senior Economy Writer @CNNBusiness '18-19 Knight-Bagehot Formerly @denverpost, @dailycamera, @cubouldercmci [email protected] @[email protected]

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Articles

Fact check: Trump falsely claims grocery prices are down

1 week ago | local3news.com | Daniel Dale |Alicia Wallace

Washington (CNN) — President Donald Trump has falsely claimed this week that grocery prices are “going down” and “are down.” In fact, grocery prices have continued to rise under Trump – and they were up even before he imposed near-global 10% tariffs earlier this month. Trump made the latest version of the false claim while denouncing Federal Reserve Chair Jerome Powell on Thursday.
Fact check: Trump falsely claims grocery prices are down

1 week ago | cnn.com | Daniel Dale |Alicia Wallace

U.S. President Donald Trump as he welcomes the 2025 College Football National Champions from Ohio State University to the White House during a ceremony on the south lawn on April 14, 2025 in Washington, DC. Ohio State won the national championship by defeating Notre Dame in the National Championship game by a score of 34-23.
Here’s what’s about to become more expensive with the next round of tariffs

1 week ago | treefrogcreative.ca | Alicia Wallace |Kevin Mason |Kelly McCloskey |Robert McKellar

Here’s what’s about to become more expensive with the next round of tariffs By Alicia Wallace CNN Business April 15, 2025 Category: Finance & Economics President Trump is forging ahead with his aggressive tariff campaign, moving on from “reciprocal” tariffs to the sector-specific tariffs he promised.
Esto es lo que se volverá más caro con la próxima ronda de aranceles

1 week ago | cnnespanol.cnn.com | Alicia Wallace

Guerra comercial da un nuevo giro tras exención arancelaria a dispositivos electrónicos 03:43 - Fuente: CNN Guerra comercial da un nuevo giro tras exención arancelaria a dispositivos electrónicos 03:43 CNN — El presidente de Estados Unidos, Donald Trump, sigue adelante con su agresiva campaña arancelaria, pasando de los aranceles “recíprocos” a los aranceles específicos para cada sector que prometió.
Here’s what’s about to become more expensive with the next round of tariffs

1 week ago | cnn.com | Alicia Wallace

CNN — President Donald Trump is forging ahead with his aggressive tariff campaign, moving on from “reciprocal” tariffs to the sector-specific tariffs he promised. To do so will involve Trump’s continued application of Section 232 of the Trade Expansion Act of 1962, which allows a president to impose tariffs to protect or bolster domestic industries if there are deemed potential national security threats.
El temor al desempleo en EE.UU. alcanza el nivel más alto desde la pandemia

1 week ago | cnnespanol.cnn.com | Alicia Wallace

CNN — Desde las primeras semanas de la pandemia los estadounidenses no habían estado tan seguros de que el desempleo aumentará. Los consumidores encuestados por el Banco de la Reserva Federal de Nueva York en marzo asignaron un 44 % de probabilidad a que la tasa de desempleo del país sea más alta un año después, marcando el nivel más alto desde abril de 2020.
Fear of unemployment jumps to highest level since the pandemic

1 week ago | channel3000.com | Alicia Wallace

(CNN) — Not since the early weeks of the pandemic have Americans been this certain that unemployment will spike. Consumers surveyed by the Federal Reserve Bank of New York in March put a 44% probability on the nation’s jobless rate being higher a year later, marking the highest level since April 2020.
US inflation cooled to a six-month low in March, but tariff pressures are quickly mounting

1 week ago | waaytv.com | Alicia Wallace

(CNN) — Inflation slowed sharply in March, new data showed Thursday, underscoring the continued strength and resilience of the economy ahead of President Trump’s aggressive trade moves. In any other timeline, such news would stoke optimism that Americans’ cost of living is no longer surging. Instead, Thursday’s Consumer Price Index report was likely another example of a ‘what might have been’ for the US economy.
Another inflation report underlines the strength of the US economy before Trump’s tariff chaos

1 week ago | cnn.com | Alicia Wallace

Economists were expecting US wholesale inflation to heat up in March, with the Producer Price Index accelerating to a 3.3% annual rate from 3.2% in February. Luke Sharrett/Bloomberg/Getty Images CNN — Inflationary pressures eased at the wholesale level last month, another indication of a strong economy before the bulk of President Donald Trump’s aggressive trade policies kicked in.
Another inflation report underlines the strength of the US economy before Trump’s tariff chaos

1 week ago | kten.com | Alicia Wallace

(CNN) — US wholesale prices fell last month, new data showed Friday, an indication that inflationary pressures weren’t necessarily building before they reach the consumer. The better-than-expected Producer Price Index reading — which showed that the prices paid to producers fell 0.4% in March from the month before and slowed sharply to an annual rate of 2.7%, from 3.2% — provides a snapshot before President Donald Trump’s aggressive trade policies fully kick in.