When we talk about who makes up the economy, we're often talking about workers a company formally employs. But a lot of people find themselves working in the informal economy — generally defined as economic activity that falls outside of official regulation. It's not taxed, not tracked, and is mostly invisible to official statistics. Today, we'll dig into its importance and risks. But first, marijuana gets a tax break.

This week, Meta is reportedly laying off 10% of its workers. But in the meantime, it's also capturing their mouse clicks to train its AI models. Plus, Roblox settles with states over child safety concerns.

But first, Apple's CEO is stepping down. The company announced this week that CEO Tim Cook is moving on from that role after about 15 years. His successor is John Ternus, a senior vice president of hardware engineering at the company. Marketplace’s Stephanie Hughes spoke with Anita Ramaswamy, a columnist at The Information, about all these headlines for this week’s “Tech Bytes: Week in Review.”

Business activity growth soared in April, according to S&P Global’s purchasing managers index. The topline number might sound rosy, but experts think the growth spurt is really a sign of fear. In this episode, why businesses spent month two of the war in Iran stockpiling goods. Plus: Avis experiences a stock market “short squeeze,” business owners apply for the first round of tariff refunds, and we look back at the 1970s to understand the economics of oil price caps.

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