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How to find out what a notification in the library is refering to

Hello, this may be a dumb question, but I can’t seem to find an answer. Many times when there is a notification update that shows up as an orange circle with a number in it, and I can’t seem to find what exactly it is refering to. My library does not show and orange circles or any other indications as to what product needs updating/new purchase/etc. Can anyone help?
Thanks!

Am I the only one who has this problem?

In the launcher, usually it is an update to the current Engine version or that there is a new version of the Engine.

I got the newest version. When I buy from the Asset Store I usually know what it is since I just bought it. But this notification, I have no clue.