Finance

Affordable Housing Builders Warn Housing Market Is Freezing. They Want Tax Relief and Predictable Funding.

Affordable housing developers say unstable funding and rising taxes are stalling projects, worsening New Mexico's housing shortage.

Hit the Jackpot, Lose Your Food Stamps? Why Some New Mexico Slot Winners Could See SNAP Benefits Cut

New Mexico may use slot machine jackpot data to verify SNAP eligibility, meaning some winners of $4,500 or more could lose food benefits.

Opened with Hope, Closed in a Month: New Mexico Indian Market Shuts Down Due to Vendor Shortage

After launching in May with over 25 Indigenous vendors, Albuquerque’s New Mexico Indian Market is closing this weekend. Organizers cite too few sellers to cover costs, leaving artists without a stable weekend home.

Families Are Putting Groceries on Credit Cards. Can Financial Literacy Ease the Pain of Rising Prices?

With food and utility prices straining household budgets, Albuquerque officials and community leaders are encouraging financial literacy as a tool to help families reduce reliance on credit cards and navigate an affordability crisis. Experts say better money management cannot solve inflation, but it can provide stability and help households avoid deeper debt.

Albuquerque is Raising the Minimum Wage to $15 by 2030 — Here’s How it Could Reshape Paychecks, Families, and Local Businesses

The Albuquerque City Council has approved a gradual increase in the city’s minimum wage, raising it to $15 an hour by 2030. Supporters say the measure will help working families cope with rising living costs, while businesses argue the phased approach gives employers time to adjust. The decision highlights the ongoing debate over wages, affordability and economic growth in New Mexico’s largest city.

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NWS Issues Flood Watch as Heavy Rain, Storms to Persist Across New Mexico Despite Brief Lull

Thunderstorms are expected to persist across New Mexico this week, bringing heavy rain, hail, strong winds and a continued risk of flash flooding.

Hundreds of Fish Found Dead in Monastery Lake as Heat Triggers Massive Fish Kill

Many fish are dying in Monastery Lake due to high temperatures. Residents worry about the foul odor coming from the lake, and authorities are planning to close it.

Heat Advisory: Albuquerque, Santa Fe May See Temperatures Up to 105 Degrees

Residents in Albuquerque and Santa Fe are urged to take heat safety precautions as temperatures may reach 105 degrees.

Dead Fish Wash Up From New Mexico to Minnesota as Extreme Heat Fuels Growing Freshwater Crisis

Extreme heat and low oxygen killed hundreds of fish in Monastery Lake, alarming residents and raising concerns over climate-driven stress on waterways.