Alicia Wallace
- Indexed articles, last 90 days
- 13
- Latest publication
- Oct 1, 2026
- Outlet visibility, for Local3News
- Top 500K sites
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- Jul 25, 2026
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Americans are still spending. Friday’s jobs report will show if that can last (opens the original)
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(CNN) â Americans have kept spending despite more than five years of higher prices. But the paychecks that have powered that spending are starting to lose steam. Fridayâs jobs report could show how much further pay gains are falling behind inflation. The continued resilience of spending, which powers two-thirds of US economic growth, has been attributed to several reasons â mostly gains in wealth, but also demographics, post-pandemic savings, inflation effects, and a robust stock market â
US inflation remained stubborn last month as Iran war continued to lift prices (opens the original)
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(CNN) â Inflation remained stubbornly elevated in August as a war-driven energy shock continued to ripple through the US economy and Americansâ pocketbooks. The Personal Consumption Expenditures price index â the Federal Reserveâs preferred inflation gauge â rose 0.3% from July, bringing the annual rate to 3.4%, unchanged from the month before, according to new data from the Commerce Department. Inflation picked up on a monthly basis as fuel and other energy prices shot higher as a res
AI could force 11 million US workers into new careers by 2035 (opens the original)
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Millions of Americans may need to find an entirely new career in the next decade, according to research released Tuesday. An estimated 11 million workers, or about 6.5% of the current labor force, might have to jump into entirely different occupations by 2035 as a result of automation and artificial intelligence adoption, according to a report from consulting firm McKinsey & Co. The McKinsey Global Institute report predicts that AI could create more jobs than it kills in the next nine years; how
Americans still feel worse about the economy than at almost any point in modern history (opens the original)
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(CNN) â US consumer sentiment fell to its second-lowest level on record in September as high gas prices further soured Americansâ views of the economy. The University of Michiganâs consumer sentiment index for September dipped to 48.1, notching a 7% decline from August and a nearly 13% drop from a year ago, according to data released Friday. The survey dates back to 1952, meaning Americans are feeling worse now than they did during wars, the 1970s oil crisis, 9/11, the Great Recession, the
The US economy added 162,000 jobs in August, more than double expectations (opens the original)
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The US labor market is in the throes of a major transformation as Baby Boomers retire, net immigration slows, AI advances and exogenous shocks ripple through the economy. A waiter during dinner service at a restaurant in Brooklyn, New York, on April 26. Job seekers wait in line at the Carson Event Center on June 30, in Carson, California, to attend a hiring fair. A waiter serves rotisserie chicken with potatoes at Gigi's restaurant in Brooklyn, New York, on April 26. The latest read on the labor
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