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 […]
Category: Jobs, Workers & Economy
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 […]
US gas prices are falling
By WYATTE GRANTHAM-PHILIPS Gas prices are once again on the decline across the U.S., bringing some relief to drivers now paying a little less to fill up their tanks. The national average for gas prices on Monday stood around $3.44, according to AAA. That’s down about 9 cents from a week ago — marking the […]
What will become of The Epoch Times with its chief financial officer accused of money laundering?
By DAVID BAUDER / ASSOCIATED PRESS The arrest of an executive at The Epoch Times in a money-laundering scheme this week has drawn attention to a media outlet that has lived largely in the shadows since its founding in 2000 and a transformation during the Trump administration. Federal prosecutors in New York charged Weidong “Bill” Guan of […]
Alzheimer’s drug that can slow disease gets backing from FDA advisers
By MATTHEW PERRONE / ASSOCIATED PRESS A closely watched Alzheimer’s drug from Eli Lilly won the backing of federal health advisers on Monday, setting the stage for the treatment’s expected approval for people with mild dementia caused by the brain-robbing disease. Food and Drug Administration advisers voted unanimously that the drug’s ability to slow the disease outweighs […]
US hiring and wage growth picked up last month in sign of sustained economic health
By CHRISTOPHER RUGABER / Associated Press America’s employers added a strong 272,000 jobs in May, accelerating from April and a sign that companies are still confident enough in the economy to keep hiring despite persistently high interest rates. Last month’s sizable job gain suggests that the economy is still growing steadily, propelled by consumer spending on travel, […]
‘It’s About Recognizing the Community We Get to Live In’
After a yearslong hiatus, the village of Placitas business community rallied to bring back Placitas Appreciation Day. The Placitas Chamber of Commerce has been the driving force behind the community event for the past two decades, and then the COVID pandemic hit, effectively shutting it down. “After taking a break for a few years, we […]
Driving Growth
Bernalillo’s new director of economic and community development says she hopes to revitalize the town and its Main Street. Christina Jones was appointed as the town’s economic development officer in February, succeeding Mike Kloeppel, who served in the position for seven years before becoming the town’s recreation director. Originally from Albuquerque, Jones has lived in […]