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Local Business News

Proposed potash project closer to construction

CARLSBAD — Intrepid Potash is another step closer to its proposed construction of a solar solution mine in the inactive workings of its HB Potash Mine located about 20 miles... Read more »

On your own

Can’t find a job? Create your own. That was the message staff and professors at the University of New Mexico Anderson School of Management were trying to get across to... Read more »

Wising up on

April is Financial Literacy Month, but to hear the experts, one might just as easily call it Financial Illiteracy Month. They’ll tell you the number of people with little grasp... Read more »

Environmentalists Slam Haze Plan

The state Environment Department’s proposed $77 million plan to reduce haze-causing pollutants at the San Juan Generating Station is “willfully inadequate,” a coalition of environmental groups says. In a joint... Read more »

Home-Buyer Credits Probed

WASHINGTON — The Internal Revenue Service has paid out more than a half-billion dollars in homebuyer tax credits to people who probably didn’t qualify, a government investigator said Friday. Most... Read more »

Inflationary Tendencies

WASHINGTON — Americans are paying more for food and gas, a trend that could slow economic growth in the months ahead. The Consumer Price Index rose 0.5 percent in March,... Read more »

Analyst Doubts N.M. Jobless Data

New Mexico’s employment picture, ranked worst among U.S. states and the District of Columbia by one gauge, is probably better than that, says Lee Reynis, director of the University of... Read more »

Latest Business News

Radio Station Sale Hinges on FCC OK Seven Albuquerque radio stations operated by Citadel Broadcasting will become part of the Cumulus Media radio group if the FCC approves a sale,... Read more »

Price Pressure: Fuel Could Slice Into Consumer Spending

WASHINGTON — A spike in the cost of gasoline pushed wholesale prices higher in March, a trend that could limit consumer spending in the coming months. Still, most economists don’t... Read more »

Preference Bill Gets Second Shot

Legislation to more clearly define whether a business qualifies as a resident contractor eligible for state preference — Senate Bill 19 — enjoyed broad support from the business community, legislators... Read more »

Pump Pinch in March Skews Retail Spending

WASHINGTON — Consumers spent more in March on furniture, electronics and at restaurants, but also paid more for gas. Retail sales increased 0.4 percent last month, the Commerce Department said... Read more »

Down Payment Revelation

WASHINGTON — Senators involved in writing part of a broad financial overhaul measure say they are dismayed that the Obama administration proposes carrying out their plan by pushing homebuyers to... Read more »