Social Security Administration has been on ‘autopilot,’ costing more than $800 million, acting commissioner says

• The Social Security Fairness Act could boost payments for more than 3.2 million Americans—see who qualifies

  President Joe Biden signed the Social Security Fairness Act into law before he left office in January. Here's who may see a boost to their benefits and when.
  
  CNBC - 4d

• Social Security boost for more than 3.2 million coming in April

  Social Security Administration says it is immediately starting to pay retroactive benefits due to more than 3.2 million retirees.
  
  CBS News - 6d
• 

  Want a Top Quarterback Recruit? They Cost Colleges More Than $1 Million.

  Elite student-athletes are cashing in and quarterbacks aren’t the only coveted players capable of earning nine figures.
  
  The New York Times - 5d

• Agency speeds up Social Security Fairness Act timeline, with lump sums, benefit increases for millions of people

  The agency had previously said it could take "more than one year" to process benefit changes following the passage of the Social Security Fairness Act.
  
  CNBC - 5d
• 

  Social Security Administration could lay off up to 50% of its workforce, source says – live

  Social Security Administration expected to lay off at least 7,000 people, but a source tells Associated Press reduction could be as high as 50%. As Donald Trump and tech billionaire Elon Musk ...
  
  The Guardian - 4d
• 

  Social Security Administration to Cut Roughly 7,000 Workers

  The agency is also restructuring and closing six of 10 regional offices that coordinate and provide support to employees who serve beneficiaries.
  
  The New York Times - 3d

• Social Security has never missed a payment. DOGE actions threaten 'interruption of benefits,' ex-agency head says

  New changes at the U.S. Social Security Administration may put its ability to deliver monthly benefit checks at risk, former agency head says.
  
  CNBC - 2d

• This is who the White House says is the DOGE acting administrator

  The White House finally gave a name for the DOGE acting administrator.
  
  CBS News - 6d
• 

  DOGE has a new 'acting administrator,' but Elon Musk is still in charge

  Last Wednesday, President Donald Trump made it clear: Elon Musk is in charge of DOGE. But on Tuesday, Amy Gleason was named DOGE acting administrator.
  
  NBC News - 6d

More from MarketWatch

• The winner of EA’s ‘Madden’ videogame tournament will get more prize money than the NFL’s Super Bowl champions

  The Madden tournament will pay its winner $250,000, while Super Bowl champs each received $171,000.
  
  MarketWatch - 1h

• Walgreens’ breakup looms as $10 billion sale to go private is reportedly in the works

  Drugstore chain Walgreens Boots Alliance Inc. is closing in on a roughly $10 billion deal to sell itself to Sycamore Partners, a private-equity firm, which would then take Walgreens private and ...
  
  MarketWatch - 2h

• Okta delivers what some of its bigger peers couldn’t: a rosy outlook

  Unlike Salesforce and ServiceNow, Okta beat with its outlook, and its CEO said that forecast is still “prudent.”
  
  MarketWatch - 3h

• The top 10% of Americans are propping up the economy. Here’s what will happen if they stop spending.

  The wealthy are spending, but many consumers are pulling back — and the stock market is fragile.
  
  MarketWatch - 4h

• U.S. stocks are being trounced by Europe as Trump retreats from Ukraine, focuses on ‘America First’

  Increased European defense spending as the U.S. backs away from Ukraine could bolster the euro and the region’s stocks
  
  MarketWatch - 4h

More in Business

• 

  Trump Faces Blowback Over Plans for Crypto Reserve

  Digital assets like Bitcoin rallied on the president’s backing for a strategic holding, but even some conservatives and industry backers disapproved.
  
  The New York Times - 26m
• 

  Firefly’s Blue Ghost Mission 1 Successfully Lands on the Moon

  Firefly Aerospace’s robotic vehicle became the second privately built spacecraft to make a soft landing on the moon. It could soon be joined by two more private lunar landers.
  
  The New York Times - 46m

• South Korean defense stocks track gains in global peers amid rising security concerns

  Gains among South Korean names were led by Hanwha Aerospace, Korea Aerospace Industries, Hyundai Rotem and LIG Nex1
  
  CNBC - 1h

• Malaysia will take 'necessary action' if its companies are involved in Nvidia fraud case: Trade minister

  Malaysian says its authorities are discussing the issue with the data center companies and checking if the chips have gone to the right parties.
  
  CNBC - 1h
• 

  Guggenheim Lays Off 20 Employees as Financial Challenges Persist

  The museum has suffered from rising costs and lower attendance. The cuts followed those at the Brooklyn Museum, which trimmed 10 percent of its staff this month.
  
  The New York Times - 1h