Economy

Regulators Signal Green Light for $1.25 Billion Private Equity Takeover of New Mexico’s Largest Natural Gas Utility

Hearing officers have recommended the approval of a $1.25 billion buyout of New Mexico's largest natural gas provider by a Louisiana-based private equity firm, clearing a critical legal hurdle for a deal that could reshape the state's energy infrastructure.

Community Solar Program Took Years to Arrive. Now the Solar Panels Are Finally Rising.

After years of delays, New Mexico’s community solar program is beginning to expand, with new projects coming online across the state. But developers and advocates say high interconnection costs and complicated billing rules still threaten the program’s long-term success.

Unemployment Rate Inches Up. What Does the Climb Signal for the Economy?

New Mexico’s unemployment rate climbed to 4.8 percent in March as payrolls slipped by roughly 1,000 jobs, signaling a cooling labor market and raising fresh concerns about the pace of the state’s economic growth.

Tierra Adentro Growth Capital Rolls Out $100M to Turn New Mexico Into a Next-Gen Tech Hub

A new $100 million infrastructure fund from TAG Capital aims to help tech companies build in New Mexico—bridging a critical gap beyond venture funding.

New SNAP Rules Threaten Food Security for Thousands in New Mexico

This explains that SNAP currently supports more than 440,000 residents, including 113,000 in Bernalillo County, and warns that families who cannot meet the documentation requirements may lose access to food. The piece highlights the anxiety among recipients, illustrated by a mother at a food bank unsure if her paperwork is sufficient.

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45 Elite Nevada Rescuers Deployed as Southwest Braces for Potentially Catastrophic Flooding

Forty-five elite Nevada rescuers have been deployed to New Mexico as Hurricane Polo and other weather systems threaten life-threatening flooding across the US Southwest.

Highland Middle School Teacher In Critical Condition After Allegedly Being Shot by 13-Year-Old Student

Special education teacher Kelly Matthews remains critically injured after he was allegedly shot by a 13-year-old student at Highland Middle School in Hobbs. Authorities said the shooting happened Friday, and the investigation is still ongoing.

Albuquerque Breaks September Rainfall Record as Santa Fe Leads New Mexico Deluge

Albuquerque recorded its wettest September on record with 4.49 inches of rain, while Santa Fe led reported rainfall totals during a late-month storm that brought flooding concerns across New Mexico.

Is Poverty Declining in New Mexico? Census Data Shows a Drop

New Mexico’s poverty rate has fallen in recent years, according to the U.S. Census Bureau. Governor Michelle Lujan Grisham said the state’s investments in its residents are beginning to show results.

Facebook Found to Have Misled New Mexico Users as Jury Finds Nearly 44 Million Violations of State Law

A New Mexico jury has found Facebook violated state law nearly 44 million times, potentially exposing Meta to a civil penalty of about $220 billion. The verdict centered on allegations involving user data, misinformation, hate speech and Facebook’s representations about its platform.