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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
Man in a dark jacket
Big TechSalesforce turbocharges $25 billion stock buying spree with debt, cuts cash flow guidance in half
By Amanda GerutMay 27, 2026
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
More BankingPage 21 of 52
The best high-yield savings account rates on Feb. 3, 2026: Earn up to 5.00% APY
Personal FinanceThe best high-yield savings account rates on Feb. 3, 2026: Earn up to 5.00% APY
By Glen Luke FlanaganFebruary 3, 2026
  • a bar of silver
    CryptoSilver hits new record of $120—sparking doubt and frustration in Bitcoin land
    By Carlos GarciaJanuary 29, 2026
Personal loan APRs on Feb. 2, 2026
Personal FinancePersonal loan APRs on Feb. 2, 2026
By Glen Luke FlanaganFebruary 2, 2026
Northern Bank Direct review 2026: Great returns for your CD and MMA accounts
Personal FinanceNorthern Bank Direct review 2026: Great returns for your CD and MMA accounts
By Joseph HostetlerFebruary 2, 2026
Kevin Warsh, former governor of the U.S. Federal Reserve board, speaks during a news conference following the results of his review into the Bank of England's Monetary Policy Committee meetings, at the Bank of England in London, U.K., on Thursday, Dec. 11, 2014.
Economy‘FOMO’ trade finally loses steam as gold and silver sink on Warsh nomination
By Eleanor PringleFebruary 2, 2026
The best high-yield savings account rates on Feb. 2, 2026: Earn up to 5.00% APY
Personal FinanceThe best high-yield savings account rates on Feb. 2, 2026: Earn up to 5.00% APY
By Glen Luke FlanaganFebruary 2, 2026
This ‘mutually assured destruction’ threat in the $7.3 trillion JGB market helps prevent Japan from triggering a debt crisis — for now
EconomyThis ‘mutually assured destruction’ threat in the $7.3 trillion JGB market helps prevent Japan from triggering a debt crisis — for now
By Jason MaFebruary 1, 2026
  • How stroopwafels and saffron tiramisu fit into Starbucks’ plan to get to 40,000 stores around the world
    RetailHow stroopwafels and saffron tiramisu fit into Starbucks’ plan to get to 40,000 stores around the world
    By Phil WahbaJanuary 29, 2026
How FedEx CEO Raj Subramaniam is adapting to the era of ‘re-globalization’
MagazineHow FedEx CEO Raj Subramaniam is adapting to the era of ‘re-globalization’
By Nicholas GordonFebruary 1, 2026
Fed chair nominee Kevin Warsh could crush Trump’s rate-cut hopes and risk suffering the same level of abuse that Powell got, analysts say
EconomyFed chair nominee Kevin Warsh could crush Trump’s rate-cut hopes and risk suffering the same level of abuse that Powell got, analysts say
By Jason MaJanuary 31, 2026
Trump thinks a weaker dollar is great, but the U.S. needs a stable currency as national debt heads toward $40 trillion, former Fed president says
EconomyTrump thinks a weaker dollar is great, but the U.S. needs a stable currency as national debt heads toward $40 trillion, former Fed president says
By Jason MaJanuary 31, 2026
traders
BankingKevin Warsh’s Fed nod sends gold plunging and chops 31.4% off silver as dollar strengthens in Friday trading
By Stan Choe and The Associated PressJanuary 31, 2026
warsh
Banking‘That’s exactly what a sock puppet does’: Elizabeth Warren accuses Kevin Warsh of softening his rate stance for Trump
By Christopher Rugaber and The Associated PressJanuary 31, 2026
  • Personal loan APRs on Jan. 29, 2026
    Personal FinancePersonal loan APRs on Jan. 29, 2026
    By Glen Luke FlanaganJanuary 29, 2026
United States President Donald Trump
EconomyTrump’s unlikely promise to ‘end inflation’ still saw families paying an extra $2,120 for goods and services in 2025
By Eleanor PringleJanuary 30, 2026
How is interest on a personal loan calculated?
Personal FinanceHow is interest on a personal loan calculated?
By Joseph HostetlerJanuary 30, 2026
ExxonMobil CEO Darren Woods, far right, listens as U.S. President Donald Trump,left, speaks during a meeting with oil company executives in the East Room of the White House on Jan. 9. President Trump is aiming to convince oil executives to support his plans in Venezuela, a country whose energy resources he says he expects to control for years to come. US forces seized Venezuelan president Nicolas Maduro in a sweeping military operation on January 3, with Trump making no secret that control of Venezuela's oil was at the heart of his actions.
EnergyExxon and Chevron decline new spending in Venezuela while taking a wait-and-see approach for the years ahead
By Jordan BlumJanuary 30, 2026
Warsh gestures and speaks.
BankingJerome Powell warned his successor to stay out of elected politics and offered other advice. Here’s what Kevin Warsh might do as Fed chair
By Jacqueline MunisJanuary 30, 2026
Bitcoin’s freefall approaches $80,000 as precious metals also tank
CryptoBitcoin’s freefall approaches $80,000 as precious metals also tank
By Ben WeissJanuary 30, 2026
‘We’ll save the world from cancer’: Inside Pfizer CEO’s $23 billion post‑COVID bet on oncology
C-Suite‘We’ll save the world from cancer’: Inside Pfizer CEO’s $23 billion post‑COVID bet on oncology
By Nick LichtenbergJanuary 30, 2026
Right before Trump named Warsh to lead the Fed, Powell seemed to respond to some of his biggest complaints about the central bank
EconomyRight before Trump named Warsh to lead the Fed, Powell seemed to respond to some of his biggest complaints about the central bank
By Jason MaJanuary 30, 2026
Kevin Warsh, governor of the U.S. Federal Reserve, smiles during the New York Association for Business Economists luncheon in New York, U.S., on Wednesday, Nov. 7, 2007.
BankingAnother ‘central casting’ central banker: Trump’s pick of Kevin Warsh fits a well-established pattern
By Eva RoytburgJanuary 30, 2026
Kevin Warsh went from selling racetrack pencils to Trump’s new Fed chair pick. His advice for Gen Z: Merit is the ultimate currency in the workplace
SuccessKevin Warsh went from selling racetrack pencils to Trump’s new Fed chair pick. His advice for Gen Z: Merit is the ultimate currency in the workplace
By Preston ForeJanuary 30, 2026
Kevin Warsh, governor of the U.S. Federal Reserve, speaks during an Institute of International Bankers' luncheon in New York, U.S., on Tuesday, June 16, 2009.
BankingThe new Fed chair’s billionaire father-in-law is a friend of Trump’s from college and has business interests in Greenland
By Eva RoytburgJanuary 30, 2026
Trump
LawTrump sues IRS and Treasury Department for $10 billion over tax leak showing he didn’t pay taxes for years
By Fatima Hussein and The Associated PressJanuary 30, 2026
warsh
PoliticsTrump predicts Kevin Warsh will ‘go down as one of the GREAT Fed Chairmen, maybe the best,’ plus he’s ‘central casting’
By Christopher Rugaber and The Associated PressJanuary 30, 2026
Personal loan APRs on Jan. 30, 2026
Personal FinancePersonal loan APRs on Jan. 30, 2026
By Glen Luke FlanaganJanuary 30, 2026
Kevin Warsh, former governor of the US Federal Reserve, during the International Monetary Fund (IMF) and World Bank Spring meetings at the IMF headquarters in Washington, DC, US, on Friday, April 25, 2025.
EconomyMeet Trump’s next Fed Chair Kevin Warsh: He wants a back-seat central bank, a more bullish monetary policy, and for his dog to live a really long time
By Eleanor PringleJanuary 30, 2026
The best high-yield savings account rates on Jan. 30, 2026: Earn up to 5.00% APY
Personal FinanceThe best high-yield savings account rates on Jan. 30, 2026: Earn up to 5.00% APY
By Glen Luke FlanaganJanuary 30, 2026
Man with glasses smiling before a blue background.
Investing$14 trillion asset manager BlackRock aims to lock down execs to compete in the ‘alts’ gold rush shaking up the fund industry
By Amanda GerutJanuary 30, 2026
christian sewing touches his glasses
BankingGerman prosecutors’ raid on Deutsche Bank hurts the lender’s attempts to leave its long history of compliance failures in the past
By Lily Mae LazarusJanuary 30, 2026
Landmark crypto bill clears Senate hurdle but Democrats withhold support over lack of ‘gryfto’ rules to prevent Trump family conflicts of interest
CryptoLandmark crypto bill clears Senate hurdle but Democrats withhold support over lack of ‘gryfto’ rules to prevent Trump family conflicts of interest
By Leo SchwartzJanuary 29, 2026
Why the New York Stock Exchange’s big blockchain plans might be pie in the sky
CryptoWhy the New York Stock Exchange’s big blockchain plans might be pie in the sky
By Jeff John RobertsJanuary 29, 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
North America
Techlash grows in education: 'My daughter went to middle school and was sent home with a screen addiction in her backpack'placeholder alt text
By Jocelyn Gecker and The Associated PressMay 26, 2026
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