Economy Fact-Checks — Is It True?

Did Elon Musk buy Boeing?

Elon Musk has not acquired Boeing. No official announcements, news reports, SEC filings, or statements from Boeing or Musk confirm any purchase. Fact-checks fro…

Did Meta buy TikTok?

Meta did not buy TikTok. No deal occurred despite U.S. political pressures and rumors in early 2025 for ByteDance to divest. TikTok remains owned by ByteDance, …

Did Disney buy Crunchyroll?

Sony acquired Crunchyroll from WarnerMedia/AT&T for $1.175 billion, completing the deal on August 9, 2021. No evidence exists of Disney purchasing Crunchyroll; …

Did Disney buy DreamWorks?

Disney did not buy DreamWorks. DreamWorks Animation was acquired by NBCUniversal for $3.8 billion in 2016. Disney only had a temporary distribution deal with Dr…

Did Starbucks change their matcha recipe?

Starbucks changed its matcha powder to pure, unsweetened matcha, removing the previous 50% sugar mixture. The update rolled out around early 2025 as part of a w…

Did Home Depot file for Chapter 11?

Home Depot has not filed for Chapter 11 bankruptcy. A property owner leasing to Home Depot filed Chapter 11 in 2017 to halt foreclosure amid a lease dispute ove…

Did Chevy discontinue the Camaro?

Chevrolet discontinued the Camaro after the 2024 model year, with production ending in December 2023. The official Chevrolet website lists the Camaro under disc…

Did Yamaha discontinue the R3?

Yamaha discontinued the YZF-R3 in India by halting CBU imports and allowing stock to run out due to high prices and low demand as of December 2025. The model re…

Did Wingstop change their fries?

Wingstop switched from hand-cut fries to frozen fries around mid-2025, as reported by customers on TikTok, Reddit, and social media. Multiple patrons noticed th…

Did the US stop making copper pennies?

The U.S. government halted penny production for general circulation on November 12, 2025, due to costs exceeding 3.69 cents per penny and low demand. Existing p…

Did Mississippi eliminate income tax?

Mississippi has not eliminated its state income tax. The official Mississippi Department of Revenue lists a 4% rate on taxable income over $10,000 for tax year …

Did SEC approve ending Pattern Day Trader rule?

The SEC has not approved ending the Pattern Day Trader rule or eliminating the $25,000 minimum; FINRA filed a proposed rule change on December 29, 2025, to repl…

Did the US unemployment rate fall to 4.3%?

The X post claims the US unemployment rate fell to 4.3%, lower than expectations. This is accurate based on the official March 2026 Bureau of Labor Statistics r…

Did France withdraw all gold reserves from the New York Fed?

The post claims France withdrew all its gold reserves from the New York Fed, selling 129 tons and repurchasing in Europe—this is FALSE. France holds about 62 to…

Did the JPMorgan CEO admit bank success depends on Bitcoin?

The post claims Jamie Dimon admitted in his 2025 annual letter that JPMorgan's 'ongoing success' depends on Bitcoin adoption and that he warned about Block and …

Did Deutsche Börse buy $200M stake in Kraken?

Deutsche Börse announced a $200 million investment for a 1.5% stake in Kraken's parent company Payward Inc., deepening their strategic partnership in regulated …

Is BlackRock aggressively buying Bitcoin nonstop?

BlackRock's iShares Bitcoin Trust (IBIT) has seen steady inflows, including $600 million over the past week reaching 788,927 BTC and a $269.3 million single-day…

Did Tesla promise HW3 FSD owners full autonomy via software updates?

Tesla promised HW3 owners that Full Self-Driving capability would be unlocked via software updates on existing hardware, but admitted in 2025 that HW3 lacks suf…

Did US PPI rise to 4% in the latest report?

The US PPI did not rise to 4%. The most recent PPI data shows the year-over-year headline PPI at 3.4% in February 2026[1][4] and 4.0% in March 2026[2]. The clai…

Are 121 empty oil tankers heading to the United States to load oil?

President Trump announced that empty oil tankers were heading to the U.S. to load oil and gas, but the specific number of 121 tankers cannot be verified from av…

Did US home sellers outnumber buyers by 630,000?

Redfin data shows 629,808 more home sellers than buyers in the U.S. housing market in February 2026, the largest gap since records began in 2013. This equates t…

Has Saudi Arabia restored full East-West pipeline capacity to 7 million barrels per day?

As of April 9, 2026, Saudi Arabia's East-West pipeline had not been restored to full capacity. Recent attacks reduced throughput by approximately 700,000 barrel…

Did Saudi Arabia restore its East-West pipeline to pump 7 million barrels per day?

Saudi Arabia's East-West pipeline has reached its full operating capacity of 7 million barrels per day, bypassing the Strait of Hormuz following its effective c…

Did Milei slash Argentina's debts by $54B?

Argentina's public debt under President Javier Milei has not been reduced by $54 billion; Milei inherited debt exceeding 60% of GDP and his government added $42…

Did Japan approve bill classifying crypto as financial asset?

The post claims Japan has officially approved a bill to classify crypto as a financial asset — this is TRUE. Japan's cabinet approved the bill to reclassify cry…