Finance

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.

Why New Mexico’s Universal Child Care Program Is in Court — and How It Could Help Families Save Thousands

A court challenge is testing New Mexico’s universal child care program, but for many families the bigger question is economic: how much money can it save, and what is at stake if the program faces disruption? Here’s what the legal fight means and how the program could help household budgets.

Updated: How a Tax Hike Means for Your Wallet: Albuquerque’s Proposed Increase Shows Why Gross Receipts Taxes Hit Consumers and Small Businesses

Albuquerque’s proposed gross receipts tax increase offers a real-world lesson in financial literacy—showing how local taxes ripple through prices, small businesses, and household budgets.

State Grants Up to $150,000 Now Available for Business Incubators

Business incubators in New Mexico have a chance to secure up to $150,000 in grants to help them meet state certification standards.

$50.7M Lost to Fraud: Regulators Step Up Warnings During Consumer Protection Week

Over 10,600 fraud complaints in 2025 cost New Mexicans $50.7M, as regulators step up warnings during Consumer Protection Week.

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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.

New Mexico Launches State Meat and Poultry Inspection Program, Becoming 31st State to Offer In-State Alternative

New Mexico has launched a state-run meat and poultry inspection program, giving local producers and processors a new pathway to inspect and sell products within state lines under Livestock Board supervision rather than federal oversight. Developed with the USDA, the program aims to ease access for smaller operations and strengthen local food systems.

‘We’ll Take Your Hand’: Tomasita’s Employees Find Temporary Work After Fire Forces Restaurant Closure

After a fire forced Tomasita’s to close last week, more than 25 of its employees have found temporary jobs at other establishments, allowing them to stay employed and earn income during the Balloon Fiesta.

Just Like a Movie: “Up”-Inspired 94-Balloon Cluster Soars at 2026 Albuquerque Balloon Fiesta

A 94-balloon cluster inspired by the iconic Disney-Pixar film “Up” became one of the standout sights at this year’s Albuquerque International Balloon Fiesta on Saturday. The cluster made its way to Arizona early Sunday morning.

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.