• Check your bank account or mail box: $500 rebates expected as early as next week

    Check your bank account or mail box: $500 rebates expected as early as next week
    The Roundhouse in Santa Fe. (Eddie Moore/Albuquerque Journal)SANTA FE — Buoyed by an oil and gas revenue boom, New Mexico is preparing to share some of its extra cash with taxpayers, starting next week.Two state agencies — the Taxation and Revenue and Human Services departments — expect to deliver about $705 million this year in rebates and economic relief payments.The money is part of the spending and tax package authorized by Gov. Michelle Lujan Grisham and the state Legisla
  • Albuquerque police make arrest in 2020 homicide

    Albuquerque police make arrest in 2020 homicide
    Roman CernaAlbuquerque police last week arrested a man on suspicion of shooting and killing another man in a smoke shop's parking lot in the early morning hours of July 12, 2020.Even though police identified a person of interest within months, the detective originally assigned to the case left the unit and there were pauses in the investigation for various reasons and the case lingered for almost three years, according to a 35-page criminal complaint filed in Metropolitan Court.Roman Cerna, 27,
  • Project supplying water to 250,000 in New Mexico and Navajo Nation gains use of former power plant reservoir

    Project supplying water to 250,000 in New Mexico and Navajo Nation gains use of former power plant reservoir
    The Frank Chee Willeto Reservoir on June 9, 2023. The Public Service Company of New Mexico recently transferred the reservoir that once provided water for San Juan Generating Station to the U.S. Bureau of Reclamation for use in the Navajo-Gallup Water Supply Project. (Hannah Grover/NM Political Report)Gallup Mayor Louis Bonaguidi was serving on city council in 1988 when a geologist the city hired to evaluate its water supplies informed Gallup that it would run out of water within a matter of de
  • Dwight Yoakam sets Sept. 2 show in Rio Rancho

    Dwight Yoakam sets Sept. 2 show in Rio Rancho
    Grammy winner Dwight Yoakam will perform in Rio Rancho on Sept. 2. (Courtesy of Rio Rancho Events Center)The ‘Honky Tonk Man' is coming to Rio Rancho.Grammy winner Dwight Yoakam is set to bring his live show to the Rio Rancho Events Center on Sept. 2.Tickets will be available at the Rio Rancho Events Center Box Office and ticketmaster.com beginning at 10 a.m. Friday, June 16. Tickets range from $65-$155.Yoakam has sold more than 25 million albums worldwide.He has 12 gold albums and 9 plat
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  • STEM work is a path to success for 363,000-plus New Mexicans

    STEM work is a path to success for 363,000-plus New Mexicans
    New Mexico is a STEM state. With more than $49 billion in direct contributions to the state's economy, science, technology, engineering, medicine and math-related fields are responsible for 42% of the gross domestic product. This makes New Mexico's the 14th most STEM-intensive economy in the United States. For the sake of comparison, Utah, Colorado and Arizona rank 25th, 26th and 33rd, respectively.That may not come as a surprise since New Mexico is home to renowned national laboratories and res
  • So who will pay the costs of climate change?

    So who will pay the costs of climate change?
    I recently heard a TED talk by Yuval Noah Harari, the historian and author who wrote "Sapiens." I was struck by what he said. "If Humanity invests just an extra 2% of the global GDP in developing eco-friendly technologies and infrastructure every year, this would be enough to prevent catastrophic climate change, while also creating lots of new jobs and economic opportunities."It may be closer to 3%.In 2022 the global GDP was $85.97 trillion, and 2% is $1.7 trillion. As Harari documents, we now s
  • Expanded AREA bringing jobs, return on investment

    Expanded AREA bringing jobs, return on investment
    The Albuquerque Regional Economic Alliance (AREA), formerly AED, has expanded its reach and is engaging in activities that are making a marked and measurable difference. For the first time, Bernalillo County and Sandoval County have voting seats on AREA's Board of Directors, and soon the city of Albuquerque (will as well). The town of Edgewood, the village of Los Lunas and the city of Rio Communities all have appointed leaders to serve on AREA's Public Sector Advisory Council.Under AREA CEO Dani
  • Electric Playhouse goes crowdfunding: A win-win for all

    Electric Playhouse goes crowdfunding: A win-win for all
    Brandon Garrett (Courtesy of Electric Playhouse)Electric Playhouse was born out of a simple idea to bring people together through shared, immersive, and interactive digital experiences. To fans of "Star Trek," we're crafting our own version of the Holodeck — a digital playground where reality and imagination blend seamlessly. Each visit transforms into a unique adventure, brimming with discovery, joy, and playful experiences suitable for all ages.As an Albuquerque based startup, we would
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  • To rent or to buy: New report looks at the divided price of housing in NM

    To rent or to buy: New report looks at the divided price of housing in NM
    A view of neighborhood homes in NW Albuquerque. (Jon Austria/Journal)New Mexico has seen a severe affordable housing shortage over the years. Because of that, 219,000 households in the state pay more than 30% of their income toward housing costs like rent and mortgage payments — and 40% of those households devote over half of each earned dollar toward housing.That semblance of diminishing affordability has pushed cost-burdened New Mexicans into publicly-funded housing. But that alone cann
  • How special tax rule applies if selling principal residence

    How special tax rule applies if selling principal residence
    Q: My son works for the United States Coast Guard (USCG). He most recently was stationed in Florida and just moved to Maine. He has made several stops in Florida during his USCG service and purchased a house 18 months before he was reassigned. He is married with two young children. He agreed to the Maine assignment because he is close to retirement and has been assured that he will be able to remain in Maine until retirement. This is important for his family because they have made six moves and
  • Ukraine claims recapture of seven villages in early stages of counteroffensive

    Ukraine claims recapture of seven villages in early stages of counteroffensive
    KYIV, Ukraine (AP) -- Ukrainian troops have retaken seven villages spanning 90 square kilometers (35 square miles) from Russian forces in the past week, the deputy defense minister said Monday as the early stages of Kyiv's counteroffensive notched small successes.
    Deputy Defense Minister Hanna Maliar wrote on the Telegram app that the Ukrainian flag was again flying over the village of Storozhov, in the eastern Donetsk province, and that her troops had also retaken three other nearby small vill
  • Ukraine claims recapture of another village in early stages of counteroffensive

    Ukraine claims recapture of another village in early stages of counteroffensive
    KYIV, Ukraine (AP) -- Ukrainian troops have retaken a fourth village from Russian forces in the country's southeast, military officials said Monday as the early stages of the nation's counteroffensive notched another small success.
    Deputy Defense Minister Hanna Maliar wrote on the Telegram app that the Ukrainian flag was again flying over the village of Storozhov, in the eastern Donetsk region. A day earlier, Ukrainian officials said their troops took three other small villages nearby -- Blahod
  • Ukraine claims recapture of 4th village in eastern Donetsk as counteroffensive operations roll on

    Ukraine claims recapture of 4th village in eastern Donetsk as counteroffensive operations roll on
    KYIV, Ukraine (AP) -- Ukrainian military officials said Monday their troops have retaken another southeastern village from Russian forces, among the first -- small -- successes in stepped-up counteroffensive operations against Moscow's more than 15-month invasion of Ukraine.Deputy Defense Minister Hanna Maliar wrote on Telegram that Ukraine's flag was again flying over the village of Storozhov, and she predicted the liberation of "all Ukrainian land" would the final outcome. A day earlier, Ukra
  • Stock market today: World shares mostly higher as investors await Fed policy decision, price data

    Stock market today: World shares mostly higher as investors await Fed policy decision, price data
    BANGKOK (AP) -- Shares opened higher Monday in Europe after a mixed session in Asia as investors await an interest rate decision by the Federal Reserve.Shares rose in most markets apart from Shanghai and Seoul and U.S. futures also advanced. Oil prices fell sharply.Switzerland's UBS said it has completed its takeover of embattled rival Credit Suisse in a government-arranged rescue combining the country's two largest banks to safeguard the country's reputation as a global financial center and ch
  • Stock market today: Wall Street rises to carry S&P 500 to highest level in more than a year

    Stock market today: Wall Street rises to carry S&P 500 to highest level in more than a year
    NEW YORK (AP) -- Wall Street closed higher ahead of a big week for central banks, carrying the S&P 500 to its highest level in more than a year. The benchmark index rose 0.9% Monday. The Dow added 189 points, while the Nasdaq rose 1.5%. Stocks have been cruising on hopes the economy may avoid a recession and the Federal Reserve may soon take it easier on raising interest rates. Wall Street hopes the Fed will leave rates alone on Wednesday, but a hot inflation report on Tuesday could jeopard
  • Stock market today: Wall Street rises, and S&P 500 touches highest level in more than a year

    Stock market today: Wall Street rises, and S&P 500 touches highest level in more than a year
    NEW YORK (AP) -- Wall Street is climbing Monday ahead of a big week for central banks around the world, carrying the S&P 500 toward its highest level in more than a year.
    The benchmark index was 0.8% higher in late trading and near heights it hasn't seen since April 2022. The Dow Jones Industrial Average was up 149 points, or 0.4%, at 34,025, as of 3:10 p.m. Eastern time, while the Nasdaq composite was 1.4% higher.
    The U.S. stock market has been cruising on hopes the economy may avoid a rec
  • Stock market today: Wall Street rises, and S&P 500 hits highest level in more than a year

    Stock market today: Wall Street rises, and S&P 500 hits highest level in more than a year
    NEW YORK (AP) -- Wall Street climbed Monday ahead of a big week for central banks around the world, vaulting the S&P 500 to its highest level in more than a year.
    The benchmark index rose 40.07 points, or 0.9%, to 4,338.93 and its highest close since April 2022. The Dow Jones Industrial Average gained 189.55, or 0.6%, to 34,066.33, while the Nasdaq composite rallied 202.78, or 1.5%, to 13,461.92.
    The U.S. stock market has been cruising on hopes the economy may avoid a recession and the Fede
  • Stock market today: Wall Street points higher ahead of inflation data, Fed policy meeting

    Stock market today: Wall Street points higher ahead of inflation data, Fed policy meeting
    Wall Street was on track to open higher early Monday with two inflation reports and an interest rate decision by the Federal Reserve on tap in the coming days.
    Futures for the S&P 500 gained 0.3% while futures for the Dow Jones Industrial Average ticked up 0.1% before the bell Monday.
    Many observers expect the Fed to stand pat given recent data showing the U.S. economy slowing. This week also brings data on prices that might indicate whether the Fed is succeeding in snuffing inflation.On Tu
  • Stock market today: Wall Street opens higher ahead of big week for central banks

    Stock market today: Wall Street opens higher ahead of big week for central banks
    NEW YORK (AP) -- Wall Street is ticking higher ahead of a big week for central banks and interest rates around the world. The S&P 500 was 0.3% higher early Monday, coming off its fourth straight winning week. The Dow Jones Industrial Average was up 86 points, or 0.3%, while the Nasdaq composite was up 0.4%. Illumina, a gene sequencing test maker, rose 1.8% after its CEO resigned following pressure from an activist investor. Stocks have climbed to their highest level since August on hopes th
  • Stock market today: Wall Street drifts higher ahead of Fed, inflation data

    Stock market today: Wall Street drifts higher ahead of Fed, inflation data
    NEW YORK (AP) -- Stocks are drifting higher on Wall Street Monday ahead of a big week for central banks and interest rates around the world.
    The S&P 500 was 0.4% higher in afternoon trading, coming off its fourth straight winning week. The Dow Jones Industrial Average was up 61 points, or 0.2%, at 33,938, as of 12:27 p.m. Eastern time, while the Nasdaq composite was 0.8% higher.
    The S&P 500 had slightly more stocks gaining ground than slipping. Cruise operator Carnival rode a 14.7% upsw
  • Stock market today: Wall Street drifts ahead of Fed, inflation data

    Stock market today: Wall Street drifts ahead of Fed, inflation data
    NEW YORK (AP) -- Stocks are ticking higher on Wall Street early Monday ahead of a big week for central banks and interest rates around the world.
    The S&P 500 was 0.3% higher in early trading, coming off its fourth straight winning week. The Dow Jones Industrial Average was up 116 points, or 0.3%, at 33,992, as of 9:40 a.m. Eastern time, while the Nasdaq composite was 0.5% higher.
    Cruise operator Carnival rode a 9.2% upswell as analysts upgraded its stock on signs demand remains steady for t
  • Stock market today: Asian shares mixed as investors await Fed policy decision, price data

    Stock market today: Asian shares mixed as investors await Fed policy decision, price data
    BANGKOK (AP) -- Shares were mixed in Asia on Monday after the S&P 500 logged its fourth winning week in a row, while investors await another decision by the Federal Reserve on interest rates.
    Most observers expect no change in rates given recent data showing the U.S. economy slowing. This week also brings price data that might indicate whether the Fed is succeeding in snuffing inflation.Friday also will bring a policy meeting of the Bank of Japan, which has refrained from making any major c
  • Stock market today: Asia markets higher ahead of US inflation, Fed rates decision

    Stock market today: Asia markets higher ahead of US inflation, Fed rates decision
    BEIJING (AP) -- Asian stock markets were mostly higher Tuesday ahead of a U.S. inflation update and a Federal Reserve decision on another possible interest rate hike.
    Shanghai declined while Tokyo and Hong Kong advanced. Oil prices rebounded from Monday's plunge.
    Wall Street's benchmark S&P 500 index rose 0.9% to a 14-month high ahead of the release of U.S. inflation figure Tuesday. Forecasters expect it to show inflation eased in May but still was double the Fed's 2% target despite interes
  • No need for pet detectives: City expands microchip scanning services

    No need for pet detectives: City expands microchip scanning services
    City Councilor Tammy Fiebelkorn holds her dog, Frijolito, at a press event at Fire Station 9 about the city announcing new locations for microchip scanning. (Gillian Barkhurst)Burqueños can now bring lost pets to 34 new microchip scanning locations across Albuquerque to help reunite animals with their families, the city announced Friday.These locations include every Albuquerque fire station, seven Albuquerque Police Department substations and five local businesses."The best place for the
  • Road warrior: What the ‘V’ means on your driver’s license

    Road warrior: What the ‘V’ means on your driver’s license
    A HEADS UP TO LAW ENFORCEMENT:Cheryl shares "I am a victim of total identity theft. I have gotten a new license, but the Motor Vehicle Division refuses to put the required ‘V' on the back of the new license; they have stated it is not uploaded to their system."Charlie Moore, who handles information for MVD's parent agency, the N.M. Taxation and Revenue Department, explains "the ‘V' is an endorsement on the licenses of people who have been the victims of identity theft."And he shared
  • South Valley Aquatic Center renamed after Frank J. Gallegos Jr., beloved South Valley volunteer

    South Valley Aquatic Center renamed after Frank J. Gallegos Jr., beloved South Valley volunteer
    The late Frank J. Gallegos Jr. at Adobe Acres Elementary School. Gallegos Jr. was a frequent volunteer at the school, of which he was an alumni. (Courtesy of Christopher Gallegos)Everybody at Adobe Acres Elementary School knew Frank J. Gallegos Jr.Known as "Grandpa Frank" to the students — "His grandkids willingly shared him," said kindergarten teacher Leanette Snow — the retired post office worker was a fixture at the school, where he volunteered for years.Gallegos Jr. attended the
  • Business as usual in Socorro despite Bandidos funeral this weekend

    Business as usual in Socorro despite Bandidos funeral this weekend
    Bandidos members drive down the highway Saturday as part of a funeral procession for Damian Breaux. (Russell Huffman/El Defensor Chieftain)SOCORRO — Other than an estimated 400 Bandidos motorcycle club members celebrating the life of Damian Breaux on June 10, life went on as usual in Socorro, New Mexico.In the historic Socorro City Plaza, children's laughter competed with shoppers trying to hear the prices of local growers' produce at the farmers market — the strains of local acoust
  • Native American activists for and against drilling outside Chaco Canyon clash, derailing official visit

    Native American activists for and against drilling outside Chaco Canyon clash, derailing official visit
    Landowner Paulina Atenico, at center, confronts activist near a road block on County Road 7950 leading into Chaco Culture National Park on Sunday, June 11, 2023. (Jon Austria/Journal)Native American activists verbally clashed outside Chaco Culture National Historical Park on Sunday, derailing a visit by U.S. Interior Secretary Deb Haaland, who was there to celebrate a 20-year buffer around a World Heritage Site in northwest New Mexico.Haaland's trip to Chaco on Sunday was canceled when a group
  • IN PICTURES: Native activists, landowners clash over buffer zone outside Chaco Culture National Historical Park

    IN PICTURES: Native activists, landowners clash over buffer zone outside Chaco Culture National Historical Park
    Demonstrators argued outside Chaco Culture National Historical Park on Sunday ahead of a planned visit by Interior Secretary Deb Haaland following the Biden administration's recent decision to create a 20-year buffer around the World Heritage Site protecting against mineral development, including oil and gas drilling.A group of Navajo landowners who oppose the buffer zone blocked access to the site, prompting a confrontation with other Native American activists who support the decision. Landowne
  • IN PICTURES: Native activists, land allottees clash over buffer zone outside Chaco Culture National Historical Park

    IN PICTURES: Native activists, land allottees clash over buffer zone outside Chaco Culture National Historical Park
    Demonstrators argued outside Chaco Culture National Historical Park on Sunday ahead of a planned visit by Interior Secretary Deb Haaland following the Biden administration's recent decision to create a 20-year buffer around the World Heritage Site protecting against mineral development, including oil and gas drilling.A group of Navajo landowners who oppose the buffer zone blocked access to the site, prompting a confrontation with other Native American activists who support the decision. Land all
  • Albuquerque police break up cockfighting operation

    Albuquerque police break up cockfighting operation
    Albuquerque police on Sunday brought down a cockfighting operation and confiscated several animals, according to a police news release.Gilbert Gallegos, a police spokesman, said police responded to a home on the 500 block of Utah SE. When officers arrived, about 20 people fled in various directions, he said.Police determined the main organizer was Adolfo Gonzales, 30. He will be summonsed to court to face charges connected with the cockfighting, Gallegos said. Eleven other people received citati
  • Albuquerque Public Schools, school board tight-lipped on superintendent’s departure

    Albuquerque Public Schools, school board tight-lipped on superintendent’s departure
    Superintendent Scott Elder’s photograph hangs on a wall filled with portraits of past superintendents inside the Albuquerque Public Schools administration building. (Chancey Bush/ Albuquerque Journal)Once again, Albuquerque Public Schools is in the market for a new district leader.In an announcement that culminated a monthslong evaluation and contract review process that included closed-door sessions with at least one attorney, Superintendent Scott Elder, 56, and the school board revealed
  • After rough season start, Rio Grande farmers, conservancy district working out challenges

    After rough season start, Rio Grande farmers, conservancy district working out challenges
    A Corrales irrigation ditch filled near to the brim with water destined for hay fields, orchards and crops of produce. (Chancey Bush/Journal)A month after farmers, mostly from Valencia County, staged a tractor rally protesting getting water late and in insufficient amounts, things are flowing more smoothly in and along the irrigation ditches managed by the Middle Rio Grande Conservancy District.Jason Casuga, MRGCD chief engineer, is predicting a full irrigation season for farmers served by the
  • Section of heavily traveled I-95 collapses in Philadelphia after tanker truck catches fire

    Section of heavily traveled I-95 collapses in Philadelphia after tanker truck catches fire
    PHILADELPHIA (AP) -- An elevated section of Interstate 95 collapsed early Sunday in Philadelphia after a tanker truck carrying flammable cargo caught fire, closing a heavily traveled segment of the East Coast's main north-south highway indefinitely, authorities said.
    Transportation officials warned of extensive delays and street closures and urged drivers to avoid the area in the city's northeast corner. Officials said the tanker contained a petroleum product that may have been hundreds of gall

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