By PAUL WISEMAN, AP Economics Writer WASHINGTON (AP) — America’s employers delivered another healthy month of hiring in June, adding 206,000 jobs and once again displaying the U.S. economy’s ability to withstand high interest rates. Last month’s job growth did mark a pullback from 218,000 in May. But it was still a solid gain, reflecting […]
Jobs, Workers & Economy
Sandoval County Receives Millions From Interior Department
Sandoval County will receive $2.9 million from the U.S. Department of the Interior to upgrade essential services. On June 26, the department announced New Mexico will receive Payments in Lieu of Taxes (PILT) for 2024. Thirty-one other local governments, in addition to Sandoval County, will receive a portion of the total $49.8 Million funding in […]
The US will pay Moderna $176 million to develop an mRNA pandemic flu vaccine
The U.S. government will pay the vaccine maker Moderna $176 million to accelerate development of a pandemic influenza vaccine that could be used to treat bird flu in people, as concern grows about cases in dairy cows across the country, federal officials announced Tuesday. Moderna already has a bird flu vaccine in very early-stage testing that uses the same […]
Should gun store sales get special credit card tracking?
By David A. Lieb, Associated Press Beginning Monday, a California law will require credit card networks like Visa and Mastercard to provide banks with special retail codes that can be assigned to gun stores in order to track their sales. But new laws will do the exact opposite in Georgia, Iowa, Tennessee and Wyoming by banning the […]
The Supreme Court rejects a nationwide opioid settlement with OxyContin maker Purdue Pharma
By Mark Sherman WASHINGTON (AP) — The Supreme Court on Thursday rejected a nationwide settlement with OxyContin maker Purdue Pharma that would have shielded members of the Sackler family who own the company from civil lawsuits over the toll of opioids but also would have provided billions of dollars to combat the opioid epidemic. The decision also could affect other […]
The Merc Gets New Life
After a period of decline and subsequent closure, The Merc, a unique grocery store located in the Homestead Village Plaza in Placitas, is set to reopen with revitalized energy under a new partnership. The reopening will mark the return of a community hub that has been more than just a place to shop for locals. […]
PNM seeks rate increase
This story is republished from NM Political Report, a nonprofit news outlet, as a part of our commitment to bringing you the best in independent news coverage that matters to Albuquerque. By Hannah Grover Customers of New Mexico’s largest electric utility may pay more for energy in the future. The Public Service Company of New […]
Sandoval County Sees Big Economic Growth
The New Mexico Economic Development Department (EDD) released its quarterly report for the state’s 33 counties this week, highlighting significant growth in Sandoval County. The data for the report is based on matched taxable gross receipts (MTGR). The good news for Sandoval County? The county’s gross receipts tax increased by $42.2 million from the first […]
Residents say Rail Trail must be safe, clean in order to be a success
Hundreds of Albuquerque residents recently responded to a survey, attended a webinar or asked for email updates on a highly-anticipated city project: the Rail Trail. The 7-mile, $80 million and counting, multi-use loop has the potential to boost Albuquerque’s economy, create jobs and be a focal point for the city’s residents and visitors. In the […]
Enviro group files ethics complaint; request for board member removal
By DANIELLE PROKOP Environmental groups are asking the New Mexico Ethics Commission to determine if a board member must step aside from decision-making as the state attempts to create new uses for the extremely salty and often toxic wastewater from oil and gas operations. An environmental nonprofit, New Energy Economy and Navajo Nation citizens Daniel Tso […]