Economy & Business

New Mexico Regulators Told PNM, Blackstone to Unwind $400M Deal – A Win for Ratepayers?

New Mexico regulators ordered PNM's parent company and Blackstone to unwind a $400 million stock deal completed without prior approval and imposed $300,000 in fines, KUNM reports.

From Atomic Bombs to AI Data Center Era: Can New Mexico’s Giant Data Centers Save a Struggling State — or Drain It Dry

Project Jupiter promises billions in investment and high-wage jobs in Santa Teresa, but farmers and residents worry about its demands on water and power, NPR reports.

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

Albuquerque city officials and community advocates gathered to address a growing affordability crisis that has many families relying on credit cards for groceries and utilities, KOB 4 reports.

Wolf in Wolf’s Clothing? New Mexico Accuses Kalshi of Disguising Sports Betting as Finance

New Mexico Attorney General Raúl Torrez sued Kalshi, accusing the prediction market platform of disguising unregulated sports betting as financial trading, Source NM reports.

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 approved a gradual increase in the city's minimum wage to $15 an hour by 2030 after a bitter debate that included the removal of two audience members, KOB 4 reports.

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Health Groups Urge New Mexico to Expand Medicaid Coverage for Obesity Drugs

Five national health and Hispanic advocacy groups are pressing Gov. Michelle Lujan Grisham to widen Medicaid coverage of GLP-1 obesity drugs, the Santa Fe New Mexican reports.

Medicaid Changes: The Facts Behind New Rules Affecting New Mexicans

New Medicaid rules have caused thousands of immigrants to lose their coverage, but they’re not the only ones affected. Did you know that other New Mexico residents could also lose coverage under the recent changes? Our team breaks down the facts to help you understand what’s changing and how to prepare for the new requirements.

Drought is Driving New Mexico Bears into Neighborhoods, and it’s Costing Them Their Lives

Drought has left New Mexico’s bears short on natural food, causing them to wander into neighborhoods in search of easy meals. With bear reports climbing and a record 307 bears killed this year, wildlife officials say keeping bears from getting used to human food is key to keeping them alive.

Cooler Weather May Slow New World Screwworm, NMDA Intensifies Response in Otero County

New Mexico confirmed a New World screwworm case in an Otero County beef cow, and officials say cooler weather will not end the risk, the New Mexico Department of Agriculture said in a news release.

APS to Open School Transfer Requests for 2027-28 on October 26

Albuquerque Public Schools will begin accepting school transfer requests for the 2027-28 school year on Oct. 26, the district said.