The financial news that actually matters
Meta is eliminating roughly 8,000 jobs and shelving another 6,000 open positions it had planned to fill, a combined reduction of about 14,000 roles that makes this the company’s third major round of layoffs in 2026. The cuts amount to approximately 10% of Meta’s global workforce, according to the Associated Press, and arrive as the…
Social Security deposits are hitting bank accounts across the country this week as the April 2026 payment cycle gets underway. The largest possible monthly check, $5,181, goes to retirees who delayed claiming until age 70 and earned at or above the taxable maximum for at least 35 years. That number reflects the 2.8% cost-of-living adjustment…
Texas Instruments hadn’t moved like this in a quarter century. Shares of the analog chipmaker surged 18% on April 23, 2026, their largest single-day percentage gain since 2000, after first-quarter earnings blew past Wall Street forecasts and management signaled that artificial-intelligence demand is pulling revenue higher faster than almost anyone on the Street had modeled….