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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 was called the ‘worst analyst’ at Goldman Sachs—now he says the criticism was the best thing that ever happened to him
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
j
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
American Economist Robert Solow
EconomyEmployees using AI are working faster, but the economy isn’t more efficient. A look at what happened in the pre-Internet era might explain why
By Tristan BoveMay 27, 2026
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
More BankingPage 16 of 52
View of Visa’s office in San Francisco
CryptoExclusive: Visa to expand card partnership with Stripe’s Bridge to over 100 countries
By Ben WeissMarch 3, 2026
  • The top high-yield savings rates: Up to 5.00% on Feb. 25, 2026
    Personal FinanceThe top high-yield savings rates: Up to 5.00% on Feb. 25, 2026
    By Glen Luke FlanaganFebruary 25, 2026
The top high-yield savings rates: Up to 5.00% on March 3, 2026
Personal FinanceThe top high-yield savings rates: Up to 5.00% on March 3, 2026
By Glen Luke FlanaganMarch 3, 2026
zuck
CommentaryBoards aren’t ready for the AI age: What happens when your CEO gets deepfaked?
By James RichardsonMarch 3, 2026
JPMorgan’s CEO Jamie Dimon reveals the one career rule he set himself when he was just a 28-year-old assistant: Do not speak unless you can add value
SuccessJPMorgan’s CEO Jamie Dimon reveals the one career rule he set himself when he was just a 28-year-old assistant: Do not speak unless you can add value
By Orianna Rosa RoyleMarch 3, 2026
Sam Altman speaking into a mic.
AIOpenAI’s Pentagon deal raises new questions about AI and mass surveillance
By Beatrice NolanMarch 2, 2026
Top CD rates from big banks for March 2, 2026
Personal FinanceTop CD rates from major banks on March 2, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Danny BakstMarch 2, 2026
  • data center
    AIMoody’s flags $662 billion risk at the heart of the data center build-out by just 5 companies
    By Nick LichtenbergFebruary 25, 2026
greenspan
Economy’90s nostalgia seizes the Fed and White House as Warsh and Trump see AI as an internet-style productivity boom
By Paul Wiseman and The Associated PressMarch 2, 2026
Why Europe can lead in trusted, industrialized AI
EuropeWhy Europe can lead in trusted, industrialized AI
By Dave McCannMarch 2, 2026
The top high-yield savings rates: Up to 5.00% on March 2, 2026
Personal FinanceThe top high-yield savings rates: Up to 5.00% on March 2, 2026
By Glen Luke FlanaganMarch 2, 2026
UAE stock markets to close for two days amid Iran strikes
PoliticsUAE stock markets to close for two days amid Iran strikes
By Sherif Tarek, Omar Tamo, Farah Elbahrawy and BloombergMarch 1, 2026
Ray Dalio, Scott Bessent and House members from both sides of the aisle are rallying around a ‘3% solution’ to tame the out of control national debt
EconomyRay Dalio, Scott Bessent and House members from both sides of the aisle are rallying around a ‘3% solution’ to tame the out of control national debt
By Shawn TullyMarch 1, 2026
  • trump
    CommentaryTrump is set to throw another tariff tantrum at the state of the union. Economists know better
    By Steve H. HankeFebruary 24, 2026
A man wearing a red hat shakes Trump's hand in a crows
Personal FinanceTrump’s universal 401(k) architect on why lower-income people distrust retirement accounts: ‘they want to know what the catch is’
By Jacqueline MunisFebruary 28, 2026
She joined Block to build AI. Weeks later, AI cost her job.
AIShe joined Block to build AI. Weeks later, AI cost her job.
By Sheryl EstradaFebruary 28, 2026
jack dorsey
AIBlock CEO Jack Dorsey lays off nearly half of his staff because of AI and predicts most companies will make similar cuts in the next year
By Jake AngeloFebruary 27, 2026
Current big bank CD rates as of Friday, February 27, 2026
Personal FinanceTop CD rates from major banks on February 27, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerFebruary 27, 2026
dorsey
BankingJack Dorsey lays off 40% of Block, saying AI has changed the game: ‘Intelligence tools have changed what it means to build and run a company’
By Elaine Kurtenbach and The Associated PressFebruary 27, 2026
The top high-yield savings rates: Up to 5.00% on Feb. 27, 2026
Personal FinanceThe top high-yield savings rates: Up to 5.00% on Feb. 27, 2026
By Glen Luke FlanaganFebruary 27, 2026
An office building that houses the Jane Street Group headquarters
CryptoBitcoin fans latch on to ‘ridiculous’ Jane Street conspiracy to explain price slump
By Jeff John RobertsFebruary 26, 2026
housing
Real EstateFor the first time since 2022, the average U.S. mortgage rates is below 6%
By Alex Veiga and The Associated PressFebruary 26, 2026
Man speaks on stage
CryptoBitcoin rides Nvidia wave to spike above $70,000 before pulling back
By Carlos GarciaFebruary 26, 2026
wealth
EconomyThe great (small business) wealth transfer: McKinsey sees $5 trillion of baby boomer companies coming up for sale over the next decade
By Nick LichtenbergFebruary 26, 2026
Best big bank CDs for Feb 26, 2026
Personal FinanceTop CD rates from major banks on February 26, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerFebruary 26, 2026
Statue in front of a building, US Treasury Department, Washington DC, USA
EconomyCome 2030, the U.S. deficit will be worth 5.9% of GDP—more than spending on Social Security, and equal to major health programs
By Eleanor PringleFebruary 26, 2026
The top high-yield savings rates: Up to 5.00% on Feb. 26, 2026
Personal FinanceThe top high-yield savings rates: Up to 5.00% on Feb. 26, 2026
By Glen Luke FlanaganFebruary 26, 2026
man smiles at camera with the "circle" logo behind him
CryptoCircle shares surge after surprise earnings beat shows strong demand for stablecoins
By Carlos GarciaFebruary 25, 2026
pete hegseth
AIHegseth issues an ultimatum to ‘woke AI’ startup Anthropic: Get with military program by Friday or lose $200 million
By Jake AngeloFebruary 25, 2026
Jamie Dimon
AIJamie Dimon says society should start preparing for AI job displacement: ‘Now’s the time to start thinking about’ it
By Marco Quiroz-GutierrezFebruary 25, 2026
A spirit airlines plane on a tarmac.
North AmericaSpirit Airlines CEO expects budget airline to exit its second bankruptcy process by this summer
By Rio Yamat and The Associated PressFebruary 25, 2026
Top CD rates from big banks for February 25, 2026
Personal FinanceTop CD rates from major banks on February 25, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerFebruary 25, 2026
devra
BankingThe Consumer Financial Protection Bureau is under threat 
By Devra DavisFebruary 25, 2026
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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
AI
Sam Altman and Dario Amodei are both walking back their AI jobs apocalypse prophecies as they eye blockbuster IPOsplaceholder alt text
By Sasha RogelbergMay 26, 2026
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