Economy

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.

Trump’s $4B Permian Oil Bonanza—Energy Triumph or Public Lands Risk?

In one of the largest single-day oil and gas lease sales in recent history, the Trump administration generated over $4 billion from federal lands in the Permian Basin, highlighting strong industry demand and the impact of lowered royalty rates.

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.

Reports Drop in Syphilis and STI Cases in 2026 Health Update

Health officials in New Mexico reported a decline in sexually transmitted infections, including syphilis, based on data released during...