Finance

New Mexico’s bond rating upgrade, explained: what changed, why it matters, and what could still go wrong

Moody’s upgraded New Mexico’s issuer rating to Aa1 from Aa2, citing governance and steps to reduce reliance on volatile oil-and-gas revenue. The move can lower borrowing costs over time, but analysts and officials are watching federal funding risks and the durability of the state’s revenue shift toward recurring investment income.

Clear Horizons Act: How New Mexico’s net-zero bill might affect you and your household budget

New Mexico lawmakers are set to introduce the Clear Horizons Act, a net-zero framework that would formalize statewide emissions targets and expand planning and reporting requirements. The central consumer question is cost: how compliance, grid investment, and fuel-market exposure could translate into utility bills and price volatility. What happens next in committee—and later in rulemaking—will determine whether “affordable energy” claims show up in measurable household outcomes.

What New Mexico’s SIC says its venture program is delivering

New Mexico's State Investment Council says its revamped Strategic Venture Capital Program has committed more than $1.8 billion to venture funds and is already tied to over $2 billion in in-state economic impact, as the agency highlights how a portion of its $71 billion sovereign wealth portfolio is being used to attract major projects to New Mexico.

How the 20% qualified business income deduction works

A popular federal tax break that allows eligible pass-through business owners to deduct up to 20% of qualified business income is now permanent, but the math gets complicated quickly at higher income levels. For 2025, the outcome hinges on taxable income thresholds and whether the business is classified as a specified service trade or business, which faces tighter limits.

CreativeCon Series Launches to Boost New Mexico’s Creative Economy

New Mexico is launching a statewide CreativeCon series in spring 2026 to support artists, entrepreneurs and creative business owners through education, networking and business development resources. The event series aims to strengthen the state’s creative economy, connect regional talent with state and local partners, and help creative professionals turn ideas into sustainable income streams.

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Record 254 Bears Killed After Roaming Into Towns as Drought Drives Desperate Animals From the Mountains, Making 2026 a Bad Year for Bears

New Mexico has already killed a record 254 black bears in human conflicts this year as drought and food shortages drive hungry animals into towns.

New Mexico’s Wind and Solar Projects on State Lands Already Rake in Millions With $2.5 Billion Projected by 2040

New Mexico’s wind and solar projects on state trust lands are generating millions in revenue, with $2.5 billion projected by 2040.

Los Lunas Man Arrested After Allegedly Admitting He Fell Asleep While Driving in Fatal Arizona Crash

A man allegedly fell asleep while driving a pickup truck, which reportedly caused a collision with a sedan carrying a family of four, who all died in the accident on Arizona State Route 260.

Nearly 2 Million Gallons of Oil and Gas Waste Spilled Across New Mexico This Year, Watchdog Says

More than 1.9 million gallons of oil and gas waste have been reported spilled across New Mexico in 2026, with over half occurring on public and Tribal lands.

Tijeras Community Raises Funds to Help a Grieving Family After 1-Year-Old Dies at New Mexico Early Learning Academy

The Tijeras community launched a fundraising campaign to help a local family who lost their one-year-old son on Wednesday at New Mexico Early Learning Academy after he was found unconscious and not breathing.