Category: La Finca
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Governor signs legislation to support infrastructure near military bases
Gov. Michelle Lujan Grisham has signed two bills strengthening New Mexico’s support for communities near military installations.
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Tax Exemption: NM Department of Veteran’s Services Provide Assistance
House Bill 47 (HB47) recently implemented provisions of the constitutional amendments increasing veteran’s property tax exemption from $4,000 to $10,000
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Essay Question: Is College Still Worth It?
In a two-part blog series, we offer an economic perspective on the value of a college degree, updating our previous research and analysis.
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Kickstarter: Governor signs “shovel-ready” bills to boost business growth
Thirty-six U.S. states already have site-readiness programs, with outcomes proving this approach works.
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Survey: Short-Term Inflation Expectations Increase, Labor Market Expectations Deteriorate
Stock price expectations declined and reached the lowest level since June 2022.
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Register Now: Free Webinar on Immigration Changes and Your Business
The series is kicking off this Thursday, April 17, virtually over Zoom at 2:00 p.m. with “Immigration Changes and Your Business: What you Need to Know.”
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NMSU students successfully complete side hustle course
The Construction Side Hustle course provided a structured, accessible entry point into entrepreneurship, particularly for those at the idea stage.
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The Psychology of Free: How a Price of Zero Influences Decisionmaking
“The best things in life are free.” –Coco Chanel
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Allen Theatres to Pay $250,000 in EEOC Class Age Discrimination Lawsuit Involving Health Benefit Plan
This alleged conduct violated the Age Discrimination in Employment Act (ADEA), which prohibits discrimination in the hiring, firing, and compensation of employees 40 years old or older because of their age.
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Recent Shifts Seen in Consumers’ Public Policy Expectations
Households assign higher likelihoods to a variety of tax cuts and to reductions in a range of transfer programs, while they assign lower likelihoods to tax hikes and expansions in entitlement programs.
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Advantages and Challenges of Nuclear-Powered Data Centers
Artificial intelligence and machine learning technologies require tremendous amounts of stable electricity generation, and some reports estimate that data centers could consume up to 12% of total U.S. energy production in 2028.
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City of Las Cruces Utilities Internship Program Accepting Applications
The Las Cruces Utilities (LCU) Internship Program is a competitive program that awards internships to students pursuing an associate degree in one of the participating technology programs
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Income Taxes for 2024 are due April 15
If the taxpayer has already filed, they can check their refund status using the “Where’s My Refund” tool on TAP—no account is needed. Refunds can take up to 12 weeks, though most arrive sooner.
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Why Are Credit Card Rates So High?
Surprisingly, credit card interest rates are very high, averaging 23 percent annually in 2023.
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Perspectives on public and private debt
Foreign central banks and investors also help absorb U.S. national debt. Their holdings doubled from about $4 trillion in 2010 to over $8 trillion in 2024.
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Texas economic outlook downbeat as uncertainty increases
Company outlooks have deteriorated, and uncertainty has spiked, with half of TBOS respondents expressing concern about softening demand and a potential recession.
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Breaking: U.S. Announces Across the Board 10% Baseline Tariffs–Targeted Tariffs Higher [Entire Executive Order Included]
For the first time in decades, the United States will see fair trade as President Donald J. Trump announces tariffs to level the playing field for American workers and businesses.
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Two Years of Strong U.S. employment Driven by Sectors Less Sensitive to Business Cycles
The sectoral composition of employment reveals job growth has been concentrated in areas that are the least sensitive to national employment fluctuations over the business cycle.
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Even a ‘miracle’ needs a safety net: Texas leads in growth, lags elsewhere
Household income in Texas has risen consistently, growing faster than inflation.
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North American Transborder Freight Boomed in January, rising 8.2% year-over-year
Total transborder freight: $134.4 billion of transborder freight moved by all modes of transportation, increasing 8.2% compared to January 2024
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Oil and gas activity edges higher; uncertainty rising, costs increase
The company outlook index decreased 12 points to -4.9, suggesting slight pessimism among firms.
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New Mexico December Unemployment Unchanged from November
Within the private service-providing industries, private education and health services experienced a gain of 4,500 jobs, or 3.1 percent.
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Fed President Williams Discusses “Certain Uncertainty”
After 30 years in central banking, I can unequivocally say: Uncertainty is the only certainty in monetary policy.
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Manufacturing business to add 90 jobs to Borderplex region
This expansion is supported by the New Mexico Economic Development Department (EDD), which is providing economic incentives to help fuel job growth and workforce development in the region.
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New Mexico Taxation and Revenue Department warns against scams and fraud
The Taxation and Revenue Department does not call individuals that have not already reached out to the department for assistance.
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$900 Million Available to Unlock Commercial Deployment of American-Made Small Modular Reactors
U.S. electricity demand is forecast to soar in the coming years driven by consumer needs, data center growth, increased AI use, and the industrial sector’s need for constant power.
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FinCEN Provides Responses to Frequently Asked Questions on Southwest Border Geographic Targeting Order Affecting El Paso Money Services
The GTO requires all money services businesses located in 30 ZIP codes across California and Texas near the southwest border to file Currency Transaction Reports with FinCEN at a $200 threshold, in connection with cash transactions.
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Senior Defense Official Holds Backgrounder on Civilian Personnel Policies
Throughout this process, the department is ensuring that any employees impacted by the workforce reductions are treated with dignity and respect.
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Social Security Administration Sets Record Straight: “the agency’s records are highly accurate”
Of the millions of death reports received each year, less than one-third of 1 percent are erroneously reported deaths that need to be corrected.
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FBI Tells Citizens to “Slow Down” to Stay Safe from Scammers
Take precautionary measures to protect your identity if a criminal gets access to your device or account. Immediately contact your financial institutions to place protections on your accounts and monitor for suspicious activity.
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NMSU VITA program continues free tax-filing assistance to community
Last year, the VITA program prepared a total of 204 federal income tax returns for the 2023 tax year and a total of 202 New Mexico income tax returns.
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U.S. Treasury Issues Order Targeting Cash-Handling Businesses–Our Broader Community Overlooked, El Paso… not so lucky
The terms of the GTO are effective beginning 30 days after the date on which the order is published in the Federal Register.
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Department of Defense Promotes Aircraft Boneyard As Model for Saving Taxpayer Dollars
Contractors shred the aircraft and sort through the shreds for aluminum, copper and exotic metals.
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Veteran Unemployment Rate up to 4.0% in February–Department of Labor Says: “Hire a Veteran”
The unemployment rates are seasonally adjusted for individuals aged 18 years and over in the civilian non-institutional population.
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Quartet of Tourism Department grant programs set to open for applications in March
These newer programs joined the long-standing New Mexico Clean and Beautiful Grant Program as the agency’s menu of grant funding options for tourism-related infrastructure and product development support.
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State science and tech office announces contractors to provide startup business assistance, Advanced Energy: Arrowhead Center at NMSU makes list
The contractors were selected through a Request for Proposals that sought to award contracts to companies who, in conjunction with the Office of Strategy, Science & Technology (OSST), could provide tailored business assistance and one-on-one direct hours of support for businesses in the science and technology sector, including advanced computing, advanced energy, aerospace, bioscience, and…