Claims tagged with "Finance"

View all claims tagged with "Finance"

Clear Filter

Subject Tag

Extracted Claims (922)

Instead of reporting the money as stock, the initial financial disclosure form that Mr. Bessent filed last year ahead of his confirmation indicated that the funds were cash in an undisclosed bank acco... 1.000

👤 The author 📋 News Article 🏷️ Finance , Ethics , US Government

Simplified: Treasury Secretary Scott Bessent's initial 2025 financial disclosure form incorrectly listed his husband's JPMorgan stock holdings as cash in an undis...

0 sources

2 weeks ago
The funds were divested last July after the error was caught and Mr. Bessent paid a $200 late fee because the mistake was not reported in a timely matter, according to a note on the filing written by... 1.000

👤 Mark Vetter 📋 News Article 🏷️ Finance , Ethics , US Government

Simplified: In July 2026, after the reporting error was discovered, the JPMorgan stock was divested and Treasury Secretary Scott Bessent paid a $200 late fee for...

0 sources

2 weeks ago
Mr. Vetter said the holding had been “inadvertently reported” as cash instead of an equity holding. 1.000

👤 Mark Vetter 📋 News Article 🏷️ Finance , Ethics , US Government

Simplified: Treasury Department ethics official Mark Vetter stated that the JPMorgan stock holding had been 'inadvertently reported' as cash.

0 sources

2 weeks ago
Treasury Secretary Scott Bessent failed to disclose at least $100,000 of his husband’s JPMorgan stock last year, triggering a review of his family’s finances by the Treasury Department’s Office of Ins... 1.000

👤 The author 📋 News Article 🏷️ Finance , Ethics , US Government

Simplified: In 2025, Treasury Secretary Scott Bessent failed to disclose at least $100,000 of his husband’s JPMorgan stock, which triggered a review by the Treasu...

0 sources

2 weeks ago
Amid sharply rising yields, there was less-than-usual demand from investors to buy $70 billion of five-year Treasuries at a government auction on Wednesday. 1.000

👤 The author 📋 News Article 🏷️ Finance , US Government

Simplified: A U.S. government auction of $70 billion in five-year Treasury notes on September 23, 2026, received less-than-usual demand from investors.

0 sources

2 weeks ago
After the release of the manufacturing survey on Wednesday, investors raised their expectations that the Fed would increase interest rates again next month to a roughly 70 percent chance, up from 53 p... 1.000

👤 The author 📋 News Article 🏷️ Economics , Finance , Monetary Policy

Simplified: On September 23, 2026, the market-implied probability of a Federal Reserve interest rate increase the following month rose to approximately 70 percent...

0 sources

2 weeks ago
In Britain, comparable 10-year gilt yields have risen by a similar amount over the same period. 0.900

👤 The author 📋 News Article 🏷️ Economics , Finance , United Kingdom

Simplified: In the period since the start of the war with Iran, Britain's 10-year gilt yields have risen by an amount similar to the U.S. 10-year Treasury yield.

0 sources

2 weeks ago
The rise in yields also weighed on the equity market, with the S&P 500 falling 0.8 percent on Wednesday after trading close to its record high at the start of the week. 1.000

👤 The author 📋 News Article 🏷️ Finance , Stock Market

Simplified: The S&P 500 stock index fell 0.8 percent on September 23, 2026, after trading near its record high earlier that week.

0 sources

2 weeks ago
The 10-year Treasury yield has risen more than a percentage point since the onset of the war with Iran, pushing up mortgage and other borrowing rates. 0.900

👤 The author 📋 News Article 🏷️ Economics , Finance , Geopolitics

Simplified: As of September 2026, the 10-year U.S. Treasury yield had risen more than a percentage point since the start of the war with Iran.

0 sources

2 weeks ago
Earlier this month, the 10-year Treasury yield surpassed 5 percent for the first time in many years, a breach of a symbolic threshold that reflected investors’ unease with inflation, government defici... 1.000

👤 The author 📋 News Article 🏷️ Economics , Finance

Simplified: In September 2026, prior to the 23rd, the 10-year Treasury yield surpassed 5 percent for the first time in many years.

0 sources

2 weeks ago
The yield on the 10-year Treasury note, which underpins corporate and consumer borrowing across the globe, rose roughly 0.2 percentage points to around 5.1 percent, its biggest one-day jump since the... 1.000

👤 The author 📋 News Article 🏷️ Economics , Finance , US Government

Simplified: On September 23, 2026, the 10-year U.S. Treasury note yield rose by about 0.2 percentage points to around 5.1%, its largest one-day increase since Pre...

0 sources

2 weeks ago
The five-year Treasury yield also rose above 5 percent, to its highest since 2007. 1.000

👤 The author 📋 News Article 🏷️ Economics , Finance , US Government

Simplified: On September 23, 2026, the five-year U.S. Treasury yield rose above 5 percent, reaching its highest level since 2007.

0 sources

2 weeks ago
Times Opinion paid her for the work. 1.000

👤 The author 📋 News Article 🏷️ Finance , Journalism , Methodology

Simplified: Times Opinion paid Kristen Soltis Anderson for her work on the focus group.

0 sources

2 weeks ago
Google declined to say how much it is spending, but estimates the cost of orbital data centers will become roughly equivalent to terrestrial ones in the mid-2030s, as the price of sending satellites i... 1.000

👤 Google 📋 News Article 🏷️ Technology , Finance , Space

Simplified: Google estimates that the cost of orbital data centers will become roughly equivalent to terrestrial ones in the mid-2030s.

0 sources

2 weeks ago
Expanding from one satellite to a vast network of them that operates like a giant data center will take years and enormous funds, said Brandon Lucia, a professor of electrical and computer engineering... 1.000

👤 Brandon Lucia 📋 News Article 🏷️ Technology , Finance , Space Exploration

Simplified: Brandon Lucia, a professor at Carnegie Mellon University, stated that expanding Google's satellite project into a large network would require years an...

0 sources

2 weeks ago
Mortgage rates had dipped as low as 2.65 percent in January 2021, setting off a stampede of home buying that ignited bidding wars and drove up prices. 1.000

👤 Gregory Schmidt 📋 News Article 🏷️ Finance , US Economy , Housing

Simplified: U.S. mortgage rates reached a low of 2.65 percent in January 2021.

0 sources

2 weeks ago
Americans have amassed a record $35 trillion in home equity, according to the Federal Reserve Bank of St. Louis. 1.000

👤 Federal Reserve Bank of St. Louis 📋 News Article 🏷️ Finance , US Economy , Housing

Simplified: According to the Federal Reserve Bank of St. Louis, Americans have amassed a record $35 trillion in home equity as of September 2026.

0 sources

2 weeks ago
Overall inflation has remained stubbornly elevated, at an annual pace of 3.4 percent in August, prompting the Federal Reserve to raise interest rates this month. 1.000

👤 Gregory Schmidt 📋 News Article 🏷️ Finance , US Economy

Simplified: The annual pace of U.S. inflation was 3.4 percent in August 2026.

0 sources

2 weeks ago
Overall inflation has remained stubbornly elevated, at an annual pace of 3.4 percent in August, prompting the Federal Reserve to raise interest rates this month. 1.000

👤 Gregory Schmidt 📋 News Article 🏷️ Government , Finance , US Economy

Simplified: The U.S. Federal Reserve raised interest rates in September 2026.

0 sources

2 weeks ago
The yield on the 10-year Treasury bond — a benchmark for a range of consumer borrowing costs — has climbed above 5 percent, a level not seen since before the global financial crisis two decades ago. 1.000

👤 Gregory Schmidt 📋 News Article 🏷️ Finance , US Economy

Simplified: As of September 2026, the yield on the 10-year U.S. Treasury bond has climbed above 5 percent, a level not seen since before the 2008 global financial...

0 sources

2 weeks ago