Top News & Analysis New Mexico

  • HOUSTON, Aug 4- A pact that 15 U.S. states signed to jointly investigate Exxon Mobil Corp for allegedly misleading the public about climate change sought to keep prosecutors' deliberations confidential and was broadly written so they could probe other fossil fuel companies. After numerous filings under sunshine laws, a copy of the agreement was obtained by the...

  • Aug 3- Occidental Petroleum Corp said it expects to grow 2016 production at the high end of its forecast of a 4-6 percent increase, while staying within its budget of $3 billion, helped by productivity and efficiency gains. Occidental said its production from U.S. fields increased to 302,000 barrels of oil equivalent per day in the second quarter from...

  • ALBUQUERQUE, N.M., July 29- The Federal Reserve should not overreact to Friday's weaker-than-expected U.S. "You can't overreact to any one data point... this number will get revised," Dallas Fed President Robert Kaplan told reporters in Albuquerque, New Mexico after speaking to a community bankers association. Earlier on Friday, the Commerce Department reported...

  • ALBUQUERQUE, N.M., July 29- Dallas Federal Reserve Bank President Robert Kaplan on Friday played down the weaker-than-expected gross domestic product growth reported for the second quarter. "You can't overreact to any one data point... this number will get revised," Kaplan told reporters in New Mexico after speaking to a community bankers association.

  • ALBUQUERQUE, N.M., July 29- Dallas Federal Reserve Bank President Robert Kaplan said on Friday that the U.S. economy is making slow progress toward meeting the central bank's objectives. "I'd say we are making slow but... sluggish progress to meeting our objectives," Kaplan told a community bankers association in New Mexico. The Fed has a dual mandate of full...

  • Under agreements reached with Wyoming, New Mexico and Indiana, about 15 percent of Peabody's $1.2 billion in self-bonds will be secured by debtor-in-possession financing during its bankruptcy. Wyoming can receive $127 million cash if Peabody were to walk away from reclamation in that state while in bankruptcy, New Mexico $32 million and Indiana $17 million.

  • Small business with American flag

    States are dishing out billions in subsidies to attract big companies, but the deals are stiffing small-biz owners, says a watchdog group.

  • New Mexico Gov. Susana Martinez

    New Mexico once had the highest business taxes in the US. They have since cut taxes 22% to let the world know they are open for business.

  • Top States New Mexico

    The infrastructure is good, but the Land of Enchantment isn’t exactly running a solid offensive when it comes to regulation.

  • The SEC, which confirmed the verdict on Friday, said the jury after several days of deliberation had been unable to reach unanimous verdicts on its fraud or lying to auditor claims. The SEC sued Goldstone, Simmons and former Thornburg chief accounting officer Jane Starrett in 2012, alleging they hid the company's fast-deteriorating financial condition at...

  • June 24- U.S. oil drillers cut rigs this week for a 20th week this year after three weeks of additions, according to a closely followed report on Friday, as crude prices pull back after a recent rally to an 11- month high over $51 a barrel. Despite a decline in U.S. crude to below $48 a barrel on Friday after Britain voted to leave the European Union, several companies said...

  • NEW YORK, June 21- State budgets finally returned to their pre-recession peaks in fiscal 2016 after eight years, once adjusted for inflation, according to a survey published on Tuesday. Aggregate 50- state general fund spending and revenues have now surpassed the peaks they hit in fiscal 2008, the National Association of State Budget Officers reported in the...

  • June 16- Banks in Texas and parts of Louisiana and New Mexico are setting aside more money to guard against loan losses as the energy companies they serve struggle amid still-low oil prices, the Dallas Federal Reserve Bank said in a report Thursday. Banks in the district supervised by the Dallas Fed are also getting additional scrutiny for their commercial real...

  • Rig supervisor David Crow shows off the oil rig he manages for Elevation Resources at the Permian Basin drilling site in Andrews County, Texas.

    Some analysts are taking a brighter view of U.S. drillers with superior assets and strong balance sheets as oil markets balance.

  • Mark Cuban and Donald Trump

    Billionaire Mark Cuban unleashes a new barrage against Donald Trump on Twitter.

  • Hillary Clinton

    Hillary Clinton is now all but guaranteed to become the first female major party presidential nominee.

  • Presidential Democratic candidate, Hillary Clinton and United States President Barack Obama

    Obama also spoke with Sen. Bernie Sanders of Vermont, thanking him "for energizing millions of Americans."

  • Donald Trump and Hillary Clinton, presidential candidates

    "Make America great again" has a coded meaning, Hillary Clinton said Tuesday night.

  • Republican presidential candidate Donald Trump speaks at a campaign event at The Palladium at the Center for Performing Arts in Carmel, Indiana, U.S. May 2, 2016.

    "We welcome you with open arms," Donald Trump said to Bernie Sanders supporters.

  • June 3- U.S. energy firms this week added rigs drilling for oil for the second time this year, energy services company Baker Hughes Inc said on Friday, after crude prices briefly tested a seven-month high over $50 a barrel over the past two weeks. RIG-OL-USA- BHI> The new rigs were scattered across many basins and states with the Permian in West Texas and New Mexico...