Claims extracted
20
sentences that state something as happening or true
Uncertain
30%
6 of 20 hedged
("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
66/100
New York Post's corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
8
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
The US 10-year Treasury yield hit its highest level since 2007 on Tuesday, as oil prices jumped above $105 a barrel and stocks slumped on higher odds of an interest-rate hike this week.
asserted
stocks → hit → hike
Earlier in the session, it hit 5.041% — its highest level in 19 years — as traders grew more convinced the Federal Reserve will raise interest rates to counter inflation at its Wednesday meeting.
asserted
Reserve → hit → meeting
National average diesel prices hit a fresh record high of $6.27 a gallon on Tuesday, up from the previous day’s record $6.23.
asserted
prices → hit → 6.23
Gasoline prices reached $4.33 a gallon.
asserted
prices → reach → 4.33
Brent crude oil surged 2.9% to $108.76 a barrel as the Middle East crisis shows no signs of slowing, raising concerns that crucial energy supplies through the Strait of Hormuz could remain disrupted – worsening inflation.
uncertain
supplies → surge → inflation
The Dow Jones Industrial Average had fallen 465 points, or 0.9%, as of about 2:50 p.m. ET, while the S&P 500 and Nasdaq slumped 0.5% and 0.8%, respectively.
asserted
S&P → fall → ET
The 30-year Treasury yield, which is more sensitive to geopolitical shocks, jumped to 5.368%.
asserted
which → jump → %
The 2-year Treasury yield rose to 4.665%.
asserted
yield → rise → %
One of the key concerns with rising Treasury yields is that they have the potential to worsen affordability issues — higher rates raise borrowing costs on mortgages and auto loans, as well as business loans.
asserted
rates → rise → mortgages
Investors priced in a 94% chance the Fed will raise interest rates by a quarter point to the 3.75% to 4% range Wednesday, which would be its first rate hike in three years, according to CME FedWatch, which tracks Fed Funds futures.
uncertain
which → price → futures
Morgan Stanley and Goldman Sachs abandoned their predictions the Fed will hold interest rates steady on Wednesday, instead predicting a rate hike Wednesday — with at least one more to follow later this year.
asserted
Fed → abandon → one
National Economic Council Director Kevin Hassett tried to quell fears around stubborn inflation, saying he believes there are signs that inflation is cooling.
asserted
inflation → try → inflation
“If you look at the sort of near-term memory and the stochastic process that drives inflation, then you can see that things are slowing down,” he told CNBC’s “Squawk Box” on Tuesday.
asserted
he → look → Tuesday
“That would be the argument that one would make if you were going to dissent tomorrow.
asserted
you → make → that
But again, we respect the decision that the Fed makes.”
asserted
Fed → respect → that
Under Fed Chair Kevin Warsh, who took the helm in May, dissent has been deepening at the central bank, as some policymakers have already pushed for a rate hike.
uncertain
policymakers → take → hike
Officials have been split over whether it’s too soon to hike interest rates, which could stunt economic growth, or too late, which could allow inflation to run out of control.
uncertain
inflation → split → control
Stocks tied to AI have taken a hard hit this week, as industry leaders have urged a slowdown in development and one researcher even warned the tech “could kill us all by the end of the decade.”
uncertain
tech → tie → decade
Shares in Micron and Intel slipped 0.4% and 0.3%, respectively, on Tuesday.
asserted
Shares → slip → Tuesday
The emerging technology and the massive data centers that go with it have faced blowback for months over accusations of water, noise and light pollution, and concerns that the new tech could eradicate American jobs.
uncertain
tech → emerge → jobs
The Aporia
