New credit bill will be painful fix for economy

Freedom New Mexico Banks are quietly changing credit card terms because of a law approved by Congress, ostensibly to prevent credit card abuses. Its effect, however, will be to restrict credit further and prompt banks to switch fixed-interest accounts to variable rates that can be increased even more quickly. The nobly named Credit Card Accountability, […]

Merchants see little effect from country of origin labels

By Argen Duncan: Freedom New Mexico Almost two months into the use of Country of Origin Labeling for a variety of raw foods, producers and stores are seeing small effects. March 16, federally mandated rules went into effect to require that numerous foods must be labeled with country of origin. Included on the list are […]

Local dealerships unsure of Chrysler bankruptcy effect

Freedom New Mexico Local Chrysler dealerships say they don’t know what, if any, effect the corporation’s bankruptcy filing will have. Chrysler, the nation’s third-largest car manufacturer, filed for bankruptcy protection Thursday after a group of creditors defied government pressure to wipe out the automaker’s debt. The company plans to emerge in as little as 30 […]

Winter storm causes minor problems

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CNJ staff photo: Liliana Castillo James Ahmmar struggles against the wind Friday as he takes his two dogs for a quick bathroom break on his street. By Argen Duncan: Freedom New Mexico The winter storm that blew into eastern New Mexico on Friday caused minor problems in Roosevelt and Curry Counties, but left a number […]

Red flag warning remains in effect from 11 a.m. to 7 p.m.

THE NATIONAL WEATHER SERVICE IN ALBUQUERQUE HAS ISSUED A FIRE WEATHER WATCH…WHICH IS IN EFFECT FROM WEDNESDAY MORNING THROUGH WEDNESDAY AFTERNOON. A RED FLAG WARNING REMAINS IN EFFECT FROM 11 AM THIS MORNING TO 7 PM MST THIS EVENING. RELATIVE HUMIDITY OF 15 PERCENT OR LOWER WITH SUSTAINED 20 FOOT WINDS OF 20 MPH OR […]

Salmonella scare having little effect locally

By Kevin Wilson: CNJ staff writer New Mexico residents aren’t seeing red. Since food establishments pulled tomatoes due to Salmonella risks on Friday, local restaurants are noticing a visual impact on food, but not much else. “Nobody’s really said anything about it,” said Misty Baca, a store manager at Clovis’ Mabry Street Dairy Queen. “We […]

Lack of capital dooms businesses

By Sandra Taylor-Sawyer Businesses open and close daily. The closures can have a ripple effect on the economy. However, business closures are not all bad. Sometimes it is for the benefit of the owner’s health, retirement or family issues. The following is an anthology of reasons why businesses fail. It also serves as a checklist […]

Weather warning in effect until noon

CNJ staff A winter storm warning remains in effect throughout the region until noon today with continued expectations of blowing snow and light snow showers, according to the National Weather Service. Temperatures are expected to rise into the mid-to-upper 30s by mid-day, the NOAA forecast said. Morning snow showers could contribute an additional inchof snow. […]

Winter weather advisory in effect

From Ken De Los Santos, emergency management coordinator for Clovis and Curry County: WINTER WEATHER ADVISORY NOW IN EFFECT FROM 11 AM THIS MORNING TO 11 PM MST THIS EVENING INCLUDES CURRY AND ROOSEVELT COUNTIES THE WINTER WEATHER ADVISORY IS NOW IN EFFECT FROM 11 AM THIS MORNING TO 11 PM MST THIS EVENING. SNOW […]

Governor signs changed wage law

The Associated Press SANTA FE —A new law is taking effect to resolve an overtime pay problem for state and local governments. Gov. Bill Richardson signed the overtime measure into law Friday. It took effect immediately. Police, firemen and corrections officers will be able to work flexible shifts without incurring overtime. Local and state governments […]