New Mexico

Fund inflows are a demand component unlikely to slow during the heavy reinvestment season, keeping the yield environment squarely in issuers' favor.

New Mexico joins neighboring states Arizona and Colorado in legalizing marijuana sales with an eye toward higher state revenue.

Anticipating a flood of funding from President Biden's infrastructure plan, states are positioning for an expansion of broadband to rural and underserved areas.

Among the measures, Arkansas voters voted to make a temporary transportation sales tax permanent and Arizona voters raised income taxes on high earners.

New Mexico is expected to face sizable structural deficits because of declining oil and gas prices and production, the rating agency said.

After eight oil-producing states recovered from the 2014 oil price collapse, they face another downturn, S&P Global Ratings said.

Less than six years after the last oil price collapse, producing states of the Southwest are facing another sharp drop and the prospect of recession.

Faced with falling enrollment at its state universities, New Mexico Gov. Michelle Lujan Grisham wants to spend more money on college students.

The state would boost spending on education under proposals from the governor and the legislature, both led by Democrats.

The Navajo are among several tribal nations pursuing renewable energy projects in a changing generation landscape.

Gov. Michelle Lujan Grisham unveiled the free-tuition plan amid declining enrollment at the state's universities.

An estimated $80 million project that promises to create more than 1,000 temporary construction jobs is closer to reality after Mayor Alan Webber and a City Council majority agreed Wednesday to lend the city's name to a bond financing deal.

Refundings rebounded in the first half of 2019, but total bond volume across the Southwest fell to a six-year low.

A proposal to develop a Santa Fe facility for high-pressure food processing is one step closer to reality.

State lawmakers at this year’s session provided $993 million for 1,600 bond-funded projects around the state.

Utilities serving 40 million people and 5 million acres of irrigated farm land agreed to a federal plan to keep water flowing amid a two-decade drought.

The pinch comes from shrinking enrollment, rising tuition, falling state support and new barriers to international students.

After decades of managing risk for investment clients in volatile markets, Thornburg managing director Chris Ryon is preparing to retire at the end of the year.

All of the nation's top producing states can look for a smoother ride in 2019, S&P analysts say.

The fate of three coal-fired power plants located either in or near the Navajo Nation is murky as utilities seek cheaper, cleaner generation.