The CBO reported that between October and May 2026, the government has spent $742 billion servicing the debt burden, an increase on the $674 spent for the same period last year.

20,000 layoffs, 14 markets exited, one flatter bank—Jane Fraser’s Citi playbook is working. Wall Street wants to know what’s next.

Around 41% of employees say their companies trimmed management layers last year, according to Korn Ferry.