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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Cheap Chinese EVs Surge in Mexico, Raising Alarm for US Auto Industry and USMCA

Cheap Chinese electric vehicles are surging in Mexico despite new tariffs, exposing a growing challenge for the US auto industry.

Albuquerque Police Fatally Shoot Armed Man After Reported Gunfire Downtown

A man was shot and killed by the police in Downtown Albuquerque. This incident is ranked by APD as the fifth deadliest officer-related shooting this year.

Cyclosporiasis Outbreak Sickens Nearly 3,000 — Is Your Salad Safe This Summer?

A parasitic outbreak has hit nearly 3,000 Americans with severe watery diarrhea, cramps & fatigue. 86+ hospitalized. Linked to fresh produce. CDC investigating multiple clusters. Wash it or cook it.

School’s Fiery Tradition Ends in Settlement After Student Hurt in Blaze

A Santa Fe charter school agrees to a five-year settlement after a Zozobra-style burn injured a 12-year-old, citing alleged safety failures.

More Than 200 Campers Airlifted as Catastrophic Floods in Missouri Trigger Massive Rescue Effort

Historic flooding swamped southeast Missouri, forcing helicopter rescues, collapsing buildings and leaving one woman missing.