Is it true? We checked.

Partially FalseMost-spread claim · seen on Other

Social Security will face a decrease by 2032 if Congress does not take action

The claim that Social Security faces cuts by 2032 gets the year wrong and overstates the danger. Current official projections put the trust fund shortfall around 2033–2035, not 2032 — and even then, benefits wouldn't disappear but would be automatically reduced by roughly 17–23% unless Congress acts. The 2024 Social Security Trustees Report is the clearest source: it projects the combined trust funds last until 2035.

Read the full debunk →
X / Twitter · FinanceChecking…

Mark Carney has connections to the City of London financial establishment

🔥 2Debunk pending
YouTube · FinanceFalse

Elon Musk has a trillion-dollar fortune

YouTube · FinanceUnverifiable

Today is the first Federal Reserve meeting with new Chair Kevin Warsh

YouTube · FinanceUnverifiable

The Dow closed at a new record-high yesterday following President Trump's announcement about a tentative U.S.-Iran deal

YouTube · FinanceChecking…

Pharmaceutical companies profit from inflammation caused by processed foods

🔥 0Debunk pending
Other · FinanceFalse

US electricity bills rose 267% over a five-year period

Other · FinancePartially False

Blackstone has a plan to buy PNM (Public Service Company of New Mexico)

YouTube · FinancePartially False

The UAE has returned billions of dollars to Iran

YouTube · FinancePartially False

Trump and his allies stand to financially benefit from the White House UFC fight

News · FinanceUnverifiable

U.S. domestic tungsten mining projects in Idaho, Montana, and Nevada are not expected to produce at scale before 2027 at the earliest

News · FinanceUnverifiable

Japan's tungsten imports from China fell 50 percent in April compared to the 2025 monthly average

News · FinanceUnverifiable

The price of tungsten hexafluoride in Japan has tripled year-on-year

News · FinanceUnverifiable

SpaceX offered only approximately 5% of shares as a float in the IPO

News · FinanceUnverifiable

SpaceX remains unprofitable as of the time of the IPO

News · FinanceUnverifiable

Elon Musk retains approximately 82.4% of voting rights in SpaceX through Class B shares

News · FinanceFalse

Elon Musk's net worth reached $1.11 trillion following the SpaceX IPO, according to the Bloomberg Billionaires Index

News · FinanceUnverifiable

SpaceX shares opened at $150 per share on debut, 11% above the $135 IPO price

News · FinanceFalse

SpaceX conducted an initial public offering and debuted on public markets under ticker SPCX

News · FinanceUnverifiable

The budget increase has been driven almost entirely by a near-$200 million rise in employee expenses

News · FinanceUnverifiable

FRV's budget has grown 33 per cent since 2020 to $1.227 billion

YouTube · FinancePartially False

India's top football league was forced to sell its media rights for a pittance

News · FinanceUnverifiable

Rule 611 has created complexity and unintended costs rather than improving market quality

News · FinanceUnverifiable

The SEC formally proposed rescinding Rules 611 and 610(e) of Regulation NMS on June 11, 2026

News · FinancePartially False

Rule 610(e) prohibits market participants from locking or crossing displayed quotations across trading venues

Get the news, free

A neutral weekly digest in your inbox. No account required. Pro members choose a custom schedule.