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Interest on the national debt is eating a record 19% of federal revenue — and watchdog warns it will get worse

The 30-year Treasury yield just hit its highest point since before the Great Recession. A leading fiscal watchdog warns the timing could not be worse.

By Nick LichtenbergMay 27, 2026
Frustrated man in work meeting
Real estate billionaire launched his entire career after being called the ‘worst analyst’ and quitting his cushy job at Goldman Sachs
By Emma BurleighMay 27, 2026
Top CD rates from major banks May 27, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Top CD rates from major banks on May 27, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerMay 27, 2026
Exclusive: Airwallex launches billing product as $8 billion fintech continues to compete with rival Stripe
Exclusive: Airwallex launches billing product as $8 billion fintech continues to compete with rival Stripe
By Ben WeissMay 27, 2026
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Jamie Dimon said the American Dream was slipping away. JPMorgan just put $40 million on the table to fix it
By Nick LichtenbergMay 27, 2026
Robinhood launches agentic trading, announces credit card for AI agents with 3% cash back
Robinhood launches agentic trading, announces credit card for AI agents with 3% cash back
By Jeff John RobertsMay 27, 2026
Latest Stories
man giving child keys to home
EconomyA study finds escaping your income bracket no longer means building wealth. That disconnect may be what’s driving consumer pessimism to record highs
By Jake AngeloMay 27, 2026
The U.K.’s top spy says the window to stay ahead of China and Russia is narrowing and cybersecurity needs to become ‘10 times more urgent’
CybersecurityThe U.K.’s top spy says the window to stay ahead of China and Russia is narrowing and cybersecurity needs to become ‘10 times more urgent’
By Marco Quiroz-GutierrezMay 27, 2026
Sanofi is building its own AI ecosystem to give the French pharma giant an edge
NewslettersSanofi is building its own AI ecosystem to give the French pharma giant an edge
By John KellMay 27, 2026
Nvidia CEO Jensen Huang
EconomyEven if every California billionaire left tomorrow, it would take 25 years for the state to lose as much as it stands to gain from proposed wealth tax
By Tristan BoveMay 27, 2026
‘PTO-maxxing’ is the summer hack turning 15 vacation days into 49 days off
Success‘PTO-maxxing’ is the summer hack turning 15 vacation days into 49 days off
By Sydney LakeMay 27, 2026
The unlikely origin of a $2.5 billion hospitality unicorn: a bored teenager working the night shift at his family business
Workplace CultureThe unlikely origin of a $2.5 billion hospitality unicorn: a bored teenager working the night shift at his family business
By Catherina GioinoMay 27, 2026
AI is changing the hospitality industry, and it’s changing how you stay in hotels
Future of WorkAI is changing the hospitality industry, and it’s changing how you stay in hotels
By Catherina GioinoMay 27, 2026
Hilary Duff with commencement regalia
SuccessEx-Disney star Hilary Duff warns saying yes too much actually hurt her career: ‘Just because something is a good paycheck, it doesn’t mean it’s right’
By Preston ForeMay 27, 2026
More Banking
An American flag flies near a construction worker during construction of a new building on March 6, 2026 in Pasadena, California.
EconomyThe only jobs giving out pay raises right now are in construction, mining, and public administration, the New York Fed finds
By Eleanor PringleMay 27, 2026
  • Viktor co-founders standing together.
    AIExclusive: AI startup Viktor raises $75 million to put a virtual ‘coworker’ in Slack and Teams
    By Beatrice NolanMay 19, 2026
The top high-yield savings rates: Up to 5.00% on May 27, 2026
Personal FinanceThe top high-yield savings rates: Up to 5.00% on May 27, 2026
By Glen Luke FlanaganMay 27, 2026
Citi’s 5-year comeback: How CEO Jane Fraser turned the bank’s chronic underperformance into decade-high revenue
MagazineCiti’s 5-year comeback: How CEO Jane Fraser turned the bank’s chronic underperformance into decade-high revenue
By Claire ZillmanMay 27, 2026
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InvestingGoldman Sachs just ran some ugly numbers on the SaaSPocalypse—and found hedge funds are dumping software and piling into semis
By Nick LichtenbergMay 26, 2026
Bill Winters, chief executive officer of Standard Chartered
SuccessAfter receiving backlash, the CEO of Standard Chartered apologizes for hurt over saying ‘lower value human capital’ will be automated by AI
By Emma BurleighMay 26, 2026
Top CD rates from major banks May 26, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal FinanceTop CD rates from major banks on May 26, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerMay 26, 2026
  • Allen Osgood, co-founder and CEO of Eisen, in front of the New York City skyline
    CryptoEisen raises $18.5 million to help Americans recover forgotten funds before they are sent to state governments
    By Jack KubinecMay 19, 2026
Jim Williamson
CommentaryAmerica turns 250. Its greatest innovation wasn’t the car or the computer — it was learning to share risk
By Jim WilliamsonMay 26, 2026
The top high-yield savings rates: Up to 5.00% on May 25, 2026
Personal FinanceThe top high-yield savings rates: Up to 5.00% on May 25, 2026
By Glen Luke FlanaganMay 25, 2026
Oil drops as U.S. says deal with Iran and Hormuz reopening is near
EnergyOil drops as U.S. says deal with Iran and Hormuz reopening is near
By Nicholas Lua and BloombergMay 24, 2026
The Fed’s worst inflation fears may be coming true as consumers lose faith in long-term prices—and even Trump supporters doubt he can bring relief
EconomyThe Fed’s worst inflation fears may be coming true as consumers lose faith in long-term prices—and even Trump supporters doubt he can bring relief
By Jason MaMay 23, 2026
fda
BankingFDA’s tobacco center just drafted new rules to let ecigs, pouches onto market, but staffers didn’t write them
By Matthew Perrone and The Associated PressMay 23, 2026
  • The top high-yield savings rates: Up to 5.00% on May 19, 2026
    Personal FinanceThe top high-yield savings rates: Up to 5.00% on May 19, 2026
    By Glen Luke FlanaganMay 19, 2026
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BankingTrump on new Fed Chair Kevin Warsh: ‘Do your own thing’ but don’t lose your way like Jerome Powell did
By Will Weissert, Michelle L. Price and The Associated PressMay 23, 2026
Kevin Warsh, chairman of the US Federal Reserve nominee for US President Donald Trump, is sworn in during a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing on April 21, 2026 in Washington, DC.
Economy‘I almost fell out of my chair’: Fed stalwart Claudia Sahm fears Kevin Warsh’s policies could undo 20 years of policy progress
By Eleanor PringleMay 23, 2026
Sam Altman standing in a lift.
AIThe big questions looming over OpenAI’s trillion-dollar IPO
By Beatrice NolanMay 22, 2026
Top CD rates from major banks May 22, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal FinanceTop CD rates from major banks on May 22, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerMay 22, 2026
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CommentaryI’ve spent 25 years in venture capital. Here’s how it quietly shut ordinary Americans out of the AI wealth boom—and what could fix it
By Steve BrotmanMay 22, 2026
The top high-yield savings rates: Up to 5.00% on May 22, 2026
Personal FinanceThe top high-yield savings rates: Up to 5.00% on May 22, 2026
By Glen Luke FlanaganMay 22, 2026
trump
AITrump says he’s calling off widely anticipated order to rein in AI
By Collin Binkley, Matt O'Brien and The Associated PressMay 21, 2026
The Midwest is leading America’s spring housing rebound because of ‘buyers who are actually showing up,’ Realtor.com says
Real EstateThe Midwest is leading America’s spring housing rebound because of ‘buyers who are actually showing up,’ Realtor.com says
By Sydney LakeMay 21, 2026
Top CD rates from major banks May 21, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal FinanceTop CD rates from major banks on May 21, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerMay 21, 2026
The top high-yield savings rates: Up to 5.00% on May 21, 2026
Personal FinanceThe top high-yield savings rates: Up to 5.00% on May 21, 2026
By Glen Luke FlanaganMay 21, 2026
With bond yields surging to 4.7%, T-notes are looking like a better deal than the pricey S&P, says the Research Affiliates’ formula
InvestingWith bond yields surging to 4.7%, T-notes are looking like a better deal than the pricey S&P, says the Research Affiliates’ formula
By Shawn TullyMay 21, 2026
Top CD rates from major banks May 20, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal FinanceTop CD rates from major banks on May 20, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerMay 20, 2026
U.S. President Donald Trump arrives for a 'Rose Garden Club' dinner for National Police Week in the Rose Garden at the White House on May 11, 2026 in Washington, DC.
EconomyU.S. national debt officially hits $39 trillion—adding approximately $5 billion a day since October
By Eleanor PringleMay 20, 2026
The bond market is firing a warning shot in the direction of Washington, D.C.
EconomyThe bond market is firing a warning shot in the direction of Washington, D.C.
By Eleanor PringleMay 20, 2026
The top high-yield savings rates: Up to 5.00% on May 20, 2026
Personal FinanceThe top high-yield savings rates: Up to 5.00% on May 20, 2026
By Glen Luke FlanaganMay 20, 2026
Exclusive: Advocacy groups file complaint against Roblox, alleging its manipulative design puts kids at risk
CybersecurityExclusive: Advocacy groups file complaint against Roblox, alleging its manipulative design puts kids at risk
By Catherina GioinoMay 20, 2026
Why the 137-year-old developer Hongkong Land is reinventing itself—and trying to broaden its focus beyond its home city
AsiaWhy the 137-year-old developer Hongkong Land is reinventing itself—and trying to broaden its focus beyond its home city
By Nicholas GordonMay 19, 2026
The 30-year yield hasn’t been this high since the Great Recession. Do the bond vigilantes ride again?
EconomyThe 30-year yield hasn’t been this high since the Great Recession. Do the bond vigilantes ride again?
By Eva RoytburgMay 19, 2026
Top CD rates from major banks May 19, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal FinanceTop CD rates from major banks on May 19, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerMay 19, 2026
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Travel & Leisure
The U.S. campaigned to host the World Cup. Now soccer fans will trade their countries' train system for the U.S.'s 'D' rated infrastructureplaceholder alt text
By Catherina GioinoMay 25, 2026
Success
Nvidia CEO Jensen Huang admits he criticizes everything his 42,000-plus employees show him: ‘You can’t go a day without some criticism’placeholder alt text
By Preston ForeMay 26, 2026
Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a yearplaceholder alt text
By Preston ForeMay 21, 2026
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